Group 1 - The core viewpoint of the article highlights the recent stock transfer of Litian Film and Television (09958) from DBS Bank Hong Kong to Yingli Securities, with a market value of HKD 5.3686 million, representing 9.75% of the total shares [1] - Litian Film and Television had applied for a trading suspension for nearly two months due to a delay in financial report release, and resumed trading on November 24 after disclosing the financial results [1] - For the eighteen-month fiscal year ending June 30, 2025, Litian reported revenues of approximately RMB 133 million, but incurred a net loss of about RMB 554 million, primarily due to significant impairment losses from the inability to monetize certain drama copyrights in a timely manner [1] Group 2 - The company faced additional impairment losses due to difficulties in recovering payments for some already sold drama series, leading to accounts receivable impairment losses [1]

Core Viewpoint - The article highlights the recent stock transfer of Litian Film Industry (09958) and its financial struggles, including significant losses due to unrecognized revenue from delayed broadcasting of content and issues with receivables [1] Group 1: Stock Transfer - On December 22, Litian Film Industry's shares were transferred from Dahua Jixin (Hong Kong) to Yuanta Securities Hong Kong, with a market value of HKD 5.0468 million, representing 8.01% of the total shares [1] Group 2: Financial Performance - Litian Film Industry applied for a trading suspension for nearly two months due to a delay in financial reporting, resuming trading on November 24 after disclosing its financial results [1] - For the eighteen-month fiscal year ending June 30, 2025, the company reported revenues of approximately RMB 133 million [1] - The company incurred a net loss of about RMB 554 million, primarily due to significant impairment losses from unbroadcasted content rights and difficulties in collecting receivables from previously sold shows [1]

Core Viewpoint - The recent stock transfer of Litian Media (09958) indicates a significant shift in shareholder structure, following a period of financial difficulties and a substantial net loss reported in their latest financial results [1] Group 1: Shareholder Activity - On December 22, Litian Media's shares were transferred from Dahua Jixin (Hong Kong) to Yuanta Securities Hong Kong, with a market value of HKD 5.0468 million, representing 8.01% of the company [1] Group 2: Financial Performance - Litian Media applied for a trading suspension for nearly two months due to a delay in financial reporting, resuming trading on November 24 after disclosing its financial results [1] - For the eighteen-month fiscal year ending June 30, 2025, the company reported revenues of approximately RMB 133 million, but incurred a net loss of about RMB 554 million [1] - The significant loss was primarily attributed to the inability to monetize certain drama copyrights in a timely manner, leading to substantial impairment losses [1] - Additionally, the company faced difficulties in recovering payments for some already sold dramas, resulting in further receivables impairment losses [1]

Group 1 - The core point of the article highlights that Litian Film and Television (09958) has transferred shares from Dahua Jixin (Hong Kong) to DBS Bank Hong Kong, with a market value of HKD 16.2931 million, accounting for 18.18% of the total shares [1] - Litian Film and Television had applied for a trading suspension for nearly two months due to a delay in financial report release, and resumed trading on November 24 after disclosing the financial results [1] - For the eighteen-month fiscal year ending June 30, 2025, Litian reported revenues of approximately RMB 133 million, but incurred a net loss of about RMB 554 million, primarily due to significant impairment losses from the inability to monetize certain drama copyrights in a timely manner [1] Group 2 - The company faced additional impairment losses due to difficulties in recovering payments for some already sold drama series, leading to accounts receivable impairment losses [1]

Core Viewpoint - The recent stock transfer of Litian Media (09958) from Dahua Jixin (Hong Kong) to DBS Bank Hong Kong indicates a significant shift in shareholder structure, with a market value of HKD 16.2931 million, representing 18.18% of the company [1] Financial Performance - Litian Media's financial results for the eighteen-month fiscal year ending June 2025 show revenues of approximately RMB 133 million [1] - The company reported a substantial net loss of around RMB 554 million, primarily due to impairment losses from unbroadcasted series copyrights and difficulties in collecting receivables from previously sold series [1]

茲通告力天影業控股有限公司（「本公司」）謹訂於2026年1月13日（星期二）下午二 時三十分假座中華人民共和國深圳市福田區福田街道崗廈社區金田路3088號中洲 大廈1803室舉行股東週年大會，以考慮及酌情通過下列決議案： 普通決議案 1 香港交易及結算所有限公司及香港聯合交易所有限公司對本通告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本通告全部或任 何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Litian Pictures Holdings Limited 力 天 影 業 控 股 有 限 公 司 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股 份 代 號：9958） 股東週年大會通告 承董事會命 1. 省覽及採納本公司及其附屬公司截至2025年6月30日止十八個月期間的經審 核合併財務報表、董事會報告及核數師報告。 2. (a) 重選以下本公司退任董事： (i) 袁力先生為執行董事； (ii) 黃美緣女士為執行董事； (iii) 黃志強先生為執行董事； (iv) 林明偉先生為執行董事；及 (v) 謝濤權先生為獨立非執行董事。 (b) 委任 ...

Litian Pictures Holdings Limited 力 天 影 業 控 股 有 限 公 司 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股 份 代 號：9958） 股東週年大會代表委任表格 | 本人╱吾等 | （姓名） | （請用正楷） | | --- | --- | --- | | （地址） | | | | | 乃力天影業控股有限公司（「本公司」）股本中每股面值0.01港元的 | 股 | | 股份持有人 | （見附註1） （姓名） ，茲委任 | | | （地址） | | | 或如未能出席，則 （地址） 或如未能出席，則大會主席 （見附註2） 為本人╱吾等的受委代表，為及代表本人╱吾等出席本公司謹訂於2026年1月13日（星期二）下午二 時三十分假座中華人民共和國深圳市福田區福田街道崗廈社區金田路3088號中洲大廈1803室舉行的股東週年大會及其任何續會並於會上 投票，或就會上提呈的決議案或動議投票。本人╱吾等的受委代表獲授權及指示按下表所示者 （見附註3） 就下列決議案投票： | | | 普通決議案 | 贊成 （見附註3） | 反對 （見附註3） | | --- | --- ...

閣下如對本通函任何內容或應採取的行動有任何疑問，應諮詢 閣下的股票經紀或其他註冊 證券商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已將名下的力天影業控股有限公司股份全部售出或轉讓，應立即將本通函及隨附的代 表委任表格送交買主或承讓人，或經手買賣或轉讓的銀行、股票經紀或其他代理商，以便轉交 買主或承讓人。 香港交易及結算所有限公司及香港聯合交易所有限公司對本通函的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示不會就本通函全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 此乃要件 請即處理 Litian Pictures Holdings Limited 力 天 影 業 控 股 有 限 公 司 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股 份 代 號：9958） 建議 採納經審核綜合財務報表 以及董事會及核數師報告、 發行股份及購回股份的一般授權、 建議委任及 重選董事、 續聘核數師 及 股東週年大會通告 力天影業控股有限公司謹訂於2026年1月13日（星期二）下午二時三十分假座中華人民共和國 深圳市福田區福田街道崗廈社區金田路3088號中洲 ...

環境、社會及管治報告 ANNUAL REPORT 2024 年報 Litian Pictures Holdings Limited 力天影業控股有限公司 環境、社會及管治報告 關於本報告 報告簡介 本報告是力天影業控股有限公司（「本公司」、「力天影業」或「我們」，連同其附屬公司統稱為「本集團」）發佈的 年度環境、社會及管治（「ESG」）報告，全面闡釋本集團於2024年1月1日至2025年6月30日期間在環境、社會及管 治方面的管理方針及工作表現，並集中討論利益相關方關注的事宜，以及本集團如何體現經濟、環境及社會的可持續發 展。 本報告為我們年度報告不可或缺的一部分，應與本公司年報一併閱讀。 報告編製原則 本報告根據聯交所ESG報告指引中的「不遵守就解釋」條文編製，並參考TCFD氣候相關披露建議及聯合國可持續發展 目標。 本報告遵循四項匯報原則：「重要性」、「量化」、「平衡」及「一致性」。 重要性：本報告已識別重要的利益相關方，並通過重要性評估確定了重大的ESG議題。 量化：本集團已披露用於生成本報告所有數據的統計標準、方法、計算工具及轉換因子。我們已概述標準化方法並計算 了關鍵績效指標。 平衡：本報告公正描述 ...

Financial Performance - Total revenue for the period ending June 30, 2025, was approximately RMB 132.8 million, representing a 17.1% increase from RMB 113.4 million for the year ending December 31, 2023[10]. - The company reported a significant increase in loss attributable to equity shareholders, amounting to approximately RMB 554.1 million, compared to RMB 155.5 million for the year ending December 31, 2023, reflecting a 256.4% increase[10]. - The basic and diluted loss per share was RMB 1.79, up 244.2% from RMB 0.52 for the year ending December 31, 2023[10]. - The company's gross loss for the reporting period was approximately RMB 394.2 million, an increase of about 482.5% compared to the gross loss of approximately RMB 67.7 million for the year ended December 31, 2023[31]. - The gross loss margin for the reporting period was approximately 296.8%, up from approximately 59.7% for the year ended December 31, 2023, primarily due to increased gross losses from self-produced TV drama distribution and broadcasting rights[32]. - The group recorded a net loss of RMB 554,066,000 for the period from January 1, 2024, to June 30, 2025, compared to a net loss of RMB 155,458,000 for the year ended December 31, 2023[158]. Revenue Sources - The company generated revenue primarily from the licensing of broadcasting rights for a total of 8 television dramas during the reporting period, down from 19 dramas in the previous year[12]. - Revenue from self-produced drama licensing increased by approximately 75.8% from RMB 69.1 million to RMB 121.5 million during the reporting period[19]. - Revenue from purchased drama licensing decreased by approximately 85.2% from RMB 36.1 million to RMB 5.4 million due to challenging market conditions[22]. - Revenue from joint financing arrangements decreased by approximately 28.0% from RMB 8.2 million to RMB 5.9 million[24]. - The company successfully licensed the broadcasting rights of the self-produced drama "Little Couples" to a major online streaming platform, contributing significantly to revenue[19]. Cost and Expenses - Sales costs surged by approximately 191.0% from RMB 181.1 million to RMB 527.0 million, primarily due to increased costs in self-produced dramas and joint financing arrangements[25]. - The cost of self-produced drama licensing increased by approximately 136.3% from RMB 120.8 million to RMB 285.4 million due to the airing of several dramas[26]. - Sales and marketing expenses increased by approximately 67.0% to about RMB 4.0 million for the reporting period, up from approximately RMB 2.4 million for the year ended December 31, 2023, primarily due to increased promotional expenses[35]. - Administrative expenses rose by approximately 57.4% to about RMB 35.9 million for the reporting period, compared to approximately RMB 22.8 million for the year ended December 31, 2023, mainly due to increased employee costs[38]. - Financing costs increased by approximately 143.2% to about RMB 45.4 million for the reporting period, up from approximately RMB 18.7 million for the year ended December 31, 2023, primarily due to increased interest expenses on bank and other loans[40]. Impairment and Losses - Impairment losses on completed dramas amounted to RMB 61.4 million, while script rights impairment totaled RMB 179.5 million, leading to a total impairment provision of RMB 295.8 million[28]. - The company recorded impairment losses on trade and other receivables of approximately RMB 69.3 million during the reporting period, compared to RMB 31.9 million for the year ended December 31, 2023[39]. Corporate Governance - The company is committed to maintaining high standards of corporate governance and has adopted relevant regulations as per listing rules[89]. - The board consists of eight directors, including five executive directors and three independent non-executive directors[98]. - The board has established three committees: audit committee, remuneration committee, and nomination committee to oversee specific matters[96]. - The company emphasizes a strong corporate culture aligned with its vision and strategy, focusing on integrity and ethical conduct[91]. - The company has been compliant with all applicable codes of corporate governance during the reporting period[90]. Future Plans and Strategies - The company aims to continue producing self-made television dramas and accelerate the licensing of broadcasting rights through traditional TV channels and online streaming platforms[13]. - The company plans to collaborate closely with third-party copyright holders to acquire more diverse television drama rights to cater to varying customer preferences[13]. - The company emphasizes the importance of adapting traditional television dramas to fit into the digital ecosystem for future success[13]. - The company has no significant future plans for major investments or capital assets as of June 30, 2025[63]. Shareholder and Financial Management - The company successfully placed 60,000,000 shares at a net placement price of approximately HKD 0.096 per share, raising a total net amount of HKD 5.78 million[66]. - The net proceeds from the placement are intended for general working capital of the group[66]. - The auditor expressed a disclaimer of opinion due to significant uncertainties regarding the group's ability to continue as a going concern[68]. - Management believes that the uncertainties mentioned can be resolved through remedial measures outlined in the annual report, asserting the group's ability to continue operations[69]. Employee and Workforce - The company has 45 employees as of June 30, 2025, compared to 44 employees as of December 31, 2023[58]. - The company aims for gender equality in its workforce, with female and male employees comprising approximately 62.22% and 37.78% of the total workforce, respectively, as of June 30, 2025[131]. - The company emphasizes competitive and fair compensation for employees, continuously improving salary and reward policies to retain talent[178]. Risk Management - The board has established risk management procedures to address significant risks related to the group's business, with annual reviews of major changes in the business environment[140]. - The internal audit function evaluates the effectiveness of financial, operational, and compliance controls, reporting annually to the board, with no significant deficiencies found during the review period[143]. - The board has confirmed the effectiveness of the risk management and internal control systems, with no known significant deficiencies or violations of policies[144].