Financial Performance - Operating revenue increased by 28.27% to CNY 200,263,526.60 year-on-year[5] - Net profit attributable to shareholders was a loss of CNY 13,157,238.76, an improvement from a loss of CNY 32,839,618.66 in the same period last year[5] - Total operating revenue for Q1 2021 was CNY 200,263,526.60, an increase of 28.3% compared to CNY 156,124,203.24 in Q1 2020[27] - Operating profit for Q1 2021 was a loss of CNY 19,093,214.05, an improvement from a loss of CNY 46,487,973.76 in Q1 2020[27] - The company reported a net loss of CNY 19,093,214.05 for Q1 2021, compared to a net loss of CNY 46,487,973.76 in Q1 2020, indicating a narrowing of losses[27] - The net loss for Q1 2021 was CNY -14,599,045.76, compared to a net loss of CNY -35,005,633.12 in Q1 2020, indicating an improvement of about 58.3%[28] - The total comprehensive loss for Q1 2021 was CNY -15,360,645.93, compared to CNY -35,005,633.12 in Q1 2020, showing an improvement of about 56.1%[28] Cash Flow and Liquidity - Cash flow from operating activities showed a net outflow of CNY 155,011,826.66, worsening from a net outflow of CNY 73,086,213.75 year-on-year[5] - The company reported cash and cash equivalents at the end of Q1 2021 amounting to CNY 382,490,107.72, down from CNY 449,035,499.11 at the end of Q1 2020, reflecting a decrease of approximately 14.8%[35] - The net cash flow from operating activities for Q1 2021 was -CNY 38,690,806.81, an improvement compared to -CNY 50,846,081.58 in Q1 2020, indicating a reduction in cash outflow by about 23.8%[38] - The cash inflow from operating activities for Q1 2021 was CNY 141,391,988.45, down from CNY 157,651,711.52 in Q1 2020[34] - The total cash outflow from operating activities in Q1 2021 was CNY 71,627,105.25, compared to CNY 64,318,300.18 in Q1 2020, indicating an increase of approximately 11.4%[38] Assets and Liabilities - Total assets decreased by 8.33% to CNY 1,441,725,231.88 compared to the end of the previous year[5] - The total assets of the company as of March 31, 2021, were RMB 1,441,725,231.88, down from RMB 1,572,678,469.56 at the end of 2020[19] - Total liabilities as of March 31, 2021, were CNY 46,343,906.60, a decrease from CNY 82,557,988.11 at the end of 2020[23] - The company’s total equity as of March 31, 2021, was CNY 1,121,404,562.63, down from CNY 1,136,765,208.56 at the end of 2020[20] Inventory and Expenses - Inventory increased by 142.80% compared to the beginning of the period, mainly due to an increase in film and television business inventory[9] - Sales expenses grew by 35.21% year-on-year, attributed to increased advertising and tourism business expenses[10] - Management expenses rose by 41.04% year-on-year, due to increased operational costs across subsidiaries[10] - The company’s inventory increased from RMB 11,395,862.98 to RMB 27,669,046.15 during the reporting period[18] - The company reported a decrease in sales expenses to CNY 3,395,142.62 in Q1 2021 from CNY 2,614,192.35 in Q1 2020, indicating a rise of approximately 29.8%[29] Investment and Income - Investment income decreased by 44.32% year-on-year, due to a decline in the net profit of invested companies[11] - Other income increased by 50.26% year-on-year, mainly from government subsidies and tax reductions[10] - The total revenue from related party transactions amounted to RMB 175,221,151.73, with sales to related parties contributing RMB 74,971,664.88 and purchases totaling RMB 100,249,486.85[12][13] Future Outlook - The company anticipates a cumulative net profit attributable to shareholders of the parent company to show a loss for the year up to the next reporting period[15][16]

Financial Performance - The company's operating revenue for 2020 was approximately ¥778.34 million, a decrease of 9.05% compared to ¥855.82 million in 2019[19] - The net profit attributable to shareholders of the listed company for 2020 was approximately -¥107.07 million, representing a decline of 219.11% from a profit of ¥89.89 million in 2019[19] - The basic earnings per share for 2020 was -¥0.269, a decrease of 219.03% compared to ¥0.226 in 2019[21] - The total assets at the end of 2020 were approximately ¥1.57 billion, down 3.66% from ¥1.63 billion at the end of 2019[19] - The net assets attributable to shareholders of the listed company decreased by 11.09% to approximately ¥1.10 billion at the end of 2020 from ¥1.24 billion at the end of 2019[19] - The cash flow from operating activities for 2020 was approximately ¥79.15 million, an increase of 3.69% compared to ¥76.33 million in 2019[19] - The weighted average return on net assets for 2020 was -9.15%, a decrease of 16.58 percentage points from 7.43% in 2019[21] - The company reported non-operating income of 15,723,229.78 RMB in 2020, compared to 14,271,223.21 RMB in 2019 and 8,091,903.24 RMB in 2018[25] - The company’s advertising business revenue was ¥337,684,952.68, down 5.33% year-on-year, with a gross margin decline of 40.22%[45] - The tourism business revenue significantly dropped to ¥89,119,360.21, a decline of 62.77% year-on-year, with a gross margin decrease of 44.86%[46] - The film and television business revenue increased to ¥348,386,467.24, representing a growth of 35.81% compared to the previous year[44] - The company’s film business revenue increased by 35.81% year-on-year, while costs rose by 58.54%, resulting in a gross margin decline of 13.99%[51] - Advertising business revenue decreased by 5.33%, with costs increasing by 40.37%, leading to a gross margin drop of 40.22% due to reduced client advertising spending amid the pandemic[51] - The tourism business saw a significant revenue decline of 62.77%, with costs down by 30.05%, resulting in a gross margin decrease of 44.86% due to the pandemic's impact on domestic tourism[52] - Total operating revenue for the period was 778,340,963.98 RMB, a decrease of 9.05% compared to the previous year, while operating costs increased by 32.87%[50] Operational Strategies - The company implemented cost-cutting measures and adjusted operational strategies to mitigate the impact of the pandemic on its business[46] - The company plans to continue enhancing its content production capabilities and expand its partnerships with various media channels[44] - The company aims to stabilize and continuously develop its main business while exploring new growth points and improving operational efficiency[83] - The company plans to enhance its advertising business by innovating its operating model and leveraging its resources to capture new marketing growth engines[86] - The company intends to promote cultural tourism integration and enhance the quality of its scenic spots while adhering to pandemic prevention measures[87] - The company will strengthen its investment project management and risk control in its cultural industry fund operations[88] Risk Management - The company has disclosed potential risks related to its future development in the report[6] - The company faces risks in the film and television production sector due to regulatory scrutiny and market competition, which may impact sales[91] - The advertising business is challenged by new media competition, leading to potential revenue fluctuations[91] - The tourism sector is susceptible to macroeconomic conditions, which could adversely affect business if economic downturns occur[91] - The company has established a comprehensive risk control mechanism for its fund investment processes to ensure effective management and due diligence[95] - The company continues to pursue effective measures to mitigate risks associated with related party transactions and maintain operational independence[193] Legal and Arbitration Matters - The company is actively pursuing legal actions to recover outstanding debts from both Zhejiang Haofeng and Zhongshi Fengde[106] - The company has not faced any major lawsuits or bankruptcy restructuring during the reporting period[105] - The company is still in the process of executing the arbitration case against Zhejiang Haofeng, with some funds remaining unexecuted[106] - The company has initiated arbitration against Zhongshi Fengde for a copyright transfer agreement worth ¥63,000,000, of which only ¥6,300,000 has been paid[106] - The arbitration ruling against Zhongshi Fengde mandated payment of transfer fees, penalties, and legal fees, but the company has yet to receive full payment[106] - The execution process against Zhongshi Fengde was terminated due to the lack of enforceable assets[106] - The company has signed a reconciliation agreement with Jiangxi Broadcasting Media and Jiangxi TV regarding outstanding payments[107] Corporate Governance - The company has maintained independence from its controlling shareholder, ensuring no interference in decision-making[178] - The company emphasizes transparency in information disclosure, ensuring timely and accurate communication with stakeholders[187] - The board of directors has maintained a consistent structure with no changes in shareholding[158] - The company has established a regulatory framework to ensure fair and reasonable related party transactions, which were reviewed and approved by independent directors[188] - The company has not reported any significant deficiencies in internal control during the reporting period[195] - The financial statements for the year ended December 31, 2020, were prepared in accordance with accounting standards and fairly reflect the company's financial position[198] Employee and Management Information - The total number of employees in the parent company and major subsidiaries is 1,336, with 208 in the parent company and 1,128 in subsidiaries[171] - The company has established a salary system based on job positions, ensuring a scientific and standardized approach to compensation[172] - The total remuneration for the company's directors, supervisors, and senior management in 2020 amounted to RMB 5.2948 million[170] - The company encourages continuous learning and training for employees to enhance their professional skills[173] Market and Business Development - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by 2025[165] - A strategic acquisition of a local media company is anticipated to enhance content offerings and is expected to close by Q3 2021[165] - The company is investing 50 million in research and development for new technologies aimed at improving user engagement[165] - The management team emphasized the importance of enhancing operational efficiency, aiming for a 5% reduction in costs across all departments[164] Social Responsibility and Community Engagement - The company emphasizes social responsibility, integrating it with business operations, and aims to promote advanced socialist culture[132] - The company’s subsidiary produced 8 short videos for the "Wuhan: My Anti-Epidemic Diary" project, showcasing its commitment to social issues during the pandemic[134] - The company adheres to environmental protection policies and has implemented measures for wastewater treatment to achieve zero discharge in its Wuxi scenic area[138]

Financial Performance - Net profit attributable to shareholders was a loss of CNY 81,127,996.23, a decrease of 207.04% year-on-year[6] - Operating revenue for the first nine months was CNY 427,129,477.42, down 19.67% from the same period last year[6] - The company reported a cumulative net profit loss expected for the year due to the impact of COVID-19 on tourism and advertising businesses[21] - Total operating revenue for Q3 2020 was ¥144,571,659.20, a decrease of 3.7% compared to ¥150,123,755.47 in Q3 2019[32] - Net profit for Q3 2020 was a loss of ¥28,480,176.37, compared to a profit of ¥11,991,463.02 in Q3 2019, representing a significant decline[33] - The total profit for the first three quarters of 2020 was a loss of approximately ¥21.33 million, compared to a profit of ¥95.99 million in the same period of 2019[36] Assets and Liabilities - Total assets decreased by 12.97% to CNY 1,420,559,496.68 compared to the end of the previous year[6] - Current assets decreased to CNY 805,105,833.65 from CNY 1,040,792,196.26, representing a decline of 22.6%[24] - Total liabilities decreased to CNY 257,787,257.35 from CNY 351,493,366.59, reflecting a reduction of 26.7%[25] - The company's equity attributable to shareholders decreased to CNY 1,126,101,887.99 from CNY 1,235,785,978.38, a decline of 8.8%[25] - The company reported a significant reduction in accounts payable, which fell to CNY 4,420,082.34 from CNY 29,108,973.56, a decrease of 84.8%[24] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 179,196,750.67, an increase of 412.66% in outflow compared to the previous year[6] - The net cash flow from operating activities changed by 412.66% year-on-year, primarily due to decreased cash flow from film, advertising, and tourism businesses[13] - In Q3 2020, the company reported a net cash flow from operating activities of -86,395,908.84 RMB, a significant decline compared to a positive cash flow of 22,425,618.27 RMB in the same period of 2019[40] - The company’s cash flow from operating activities was impacted by increased payments to employees, totaling 84,997,902.27 RMB, compared to 99,804,003.26 RMB in the previous year[40] Inventory and Receivables - Accounts receivable increased by 60.73% compared to the beginning of the period, primarily due to an increase in advertising receivables[11] - Inventory grew by 63.96% compared to the beginning of the period, mainly due to an increase in film and television business inventory[11] - Inventory rose to CNY 86,779,932.15 from CNY 52,928,229.05, marking an increase of 63.9%[24] Operating Costs and Expenses - The company's operating costs increased by 35.96% year-on-year due to a significant rise in advertising resource costs[12] - Total operating costs in Q3 2020 were ¥186,923,479.76, an increase of 34.7% from ¥139,007,204.27 in Q3 2019[32] - Sales expenses for the first three quarters of 2020 were approximately ¥6.35 million, a decrease of 49.5% compared to ¥12.58 million in the same period of 2019[35] - Management expenses for the first three quarters of 2020 were approximately ¥26.40 million, down 10.5% from ¥29.42 million in the same period of 2019[35] Shareholder Information - The number of shareholders at the end of the reporting period was 28,177[8] - The company approved a cash dividend distribution of 0.70 RMB per 10 shares, totaling 27,839,448.00 RMB[17] Investments and Other Income - The company's investment income fell by 51.76% year-on-year, mainly due to decreased returns from bank wealth management and equity method investments[12] - The company reported a significant investment loss of approximately ¥660,877.30 in Q3 2020, contrasting with a profit of ¥35.20 million in Q3 2019[35] - The company utilized 300 million RMB of idle funds for wealth management products, including structured deposits from various banks[18] Tax and Charges - The company's tax and additional charges decreased by 58.07% year-on-year, primarily due to a reduction in advertising business-related taxes[12] Deferred Tax Assets - Deferred tax assets rose by 49.89% compared to the beginning of the period, due to losses generating additional deferred tax assets[11] - Deferred tax assets increased to CNY 91,784,414.29 from CNY 61,233,893.27, an increase of 50.0%[24]

Financial Performance - The company's operating revenue for the first half of 2020 was ¥282,557,818.22, a decrease of 25.96% compared to ¥381,620,895.30 in the same period last year[17]. - The net profit attributable to shareholders was -¥55,791,250.55, representing a decline of 187.77% from a profit of ¥63,568,549.07 in the previous year[17]. - The net cash flow from operating activities was -¥159,330,259.19, worsening by 116.69% compared to -¥73,529,744.11 in the same period last year[17]. - The total assets decreased by 11.29% to ¥1,448,110,448.41 from ¥1,632,350,864.56 at the end of the previous year[17]. - The net assets attributable to shareholders decreased by 6.78% to ¥1,151,951,601.45 from ¥1,235,785,978.38 at the end of the previous year[17]. - Basic earnings per share were -¥0.140, a decline of 187.50% from ¥0.160 in the same period last year[18]. - The weighted average return on net assets was -4.62%, down by 9.87 percentage points from 5.25% in the previous year[18]. - The company achieved total revenue of ¥282,557,818.22, a decrease of 25.96% compared to the same period last year[39]. - The company's net profit attributable to shareholders was -¥55,791,250.55, a decline of 187.77% year-on-year[39]. - The film business revenue increased by 39.87% to ¥86,050,031.14, despite strict control over investment projects[39]. - Advertising business revenue was ¥167,421,821.58, down 13.40% year-on-year, with efforts to maintain client relationships and seek new clients[41]. - The tourism business revenue fell by 77.27% to ¥28,711,576.58 due to COVID-19 impacts, with temporary closures of parks[42]. Business Diversification and Operations - The company has diversified its business into multiple platforms, including television program production, film equipment leasing, and media advertising agency[22]. - The company has been involved in producing high-quality television documentaries and has collaborated closely with major broadcasting platforms[23]. - The company has started participating in the production of new programs for the newly launched Agricultural and Rural Channel of the Central Broadcasting Television Station[23]. - The company has established a 4K ultra-high-definition technology support system to meet the full business needs of high-end 4K programs[24]. - In the first half of 2020, the company continued to strictly control the investment scale in film and television productions to reduce investment risks[26]. - The advertising business, operated by the company's subsidiary, has secured the advertising resources for the entire channel of the Agricultural and Rural Affairs Channel for the 2020-2021 period[27]. - The company is focusing on the integration of culture and technology in tourism, with new elements like smart tourism and digital cultural creativity emerging as new growth drivers[33]. - The company has been actively involved in major promotional reporting and large-scale events, providing creative packaging design and new media services[25]. - The company is exploring multi-dimensional integrated marketing methods in response to the evolving advertising landscape driven by new media[32]. - The company aims to leverage new technologies such as AI, 5G, and big data to drive the transformation and innovation of the cultural media industry[30]. Financial Management and Cost Control - The company implemented cost control measures and sought government subsidies to mitigate the impact of the pandemic on its operations[42]. - Operating costs increased by 33.36% to ¥337.75 million, primarily due to the acquisition of additional advertising resources from the Agricultural Rural Channel[45]. - Sales expenses decreased by 38.38% to ¥9.43 million, attributed to reduced advertising spending in tourism and advertising businesses due to the pandemic[46]. - The net cash flow from investment activities improved by 97.69%, from -¥313.54 million to -¥7.24 million, due to the recovery of bank financial products[46]. - The company has invested a total of ¥520 million in a special fund through its subsidiary, with a 0.50% stake in the fund[53]. Legal and Regulatory Matters - The company has ongoing significant litigation, including a case against Zhejiang Haofeng regarding an investment of CNY 101.7 million for TV production, with a specific investment of CNY 49.5 million for "The Third Kind of Love" and CNY 52.2 million for "Even a Rag Doll Has Spring"[64]. - The Beijing Arbitration Commission ruled in favor of the company, ordering Zhejiang Haofeng to pay back the investment costs and overdue penalties, but Zhejiang Haofeng has contested the ruling[65]. - The company received CNY 623,963.38 from the enforcement of a court ruling against Zhejiang Haofeng, with an additional CNY 6.3 million debt claim against Shenzhen Broadcasting Group[65]. - The enforcement process against Zhejiang Haofeng is still ongoing, with some amounts yet to be executed[65]. - The company has a significant arbitration case with Zhongshi Fengde regarding a CNY 63 million copyright transfer agreement for the TV series "The Hawthorn Tree" which remains unresolved[65]. - The company has initiated enforcement actions against Zhongshi Fengde due to non-compliance with arbitration rulings[66]. - The company is involved in ongoing litigation with Jiangxi TV regarding the drama "China Land" with no resolution reported[67]. - The company has faced multiple arbitration and litigation cases, indicating ongoing legal challenges[66][67]. Related Party Transactions - The company reported a total of 297,204,014.11 RMB in related party transactions during the reporting period[71]. - The company is required to pay a total of 2,979,368.76 RMB in land lease fees to the Central Television Station for the Wuxi Taihu Film and Television City[74]. - The company has a related party receivable balance of 86,745.38 RMB at the end of the reporting period, with a total of 108.38 RMB received during the period[74]. - The company signed a management agreement with the Central Television Station for the management of assets in Nanhai Film and Television City, effective from January 1, 2020, to December 31, 2022[75]. - The company engaged in sales of film and television products amounting to 78,709,289.58 RMB with the Central Broadcasting Television Station, accounting for 91.47% of the total related party transactions[71]. Environmental and Social Responsibility - The company strictly adheres to national environmental protection policies and integrates environmental protection into its sustainable development strategy[76]. - The wastewater from the Nanhai and Wuxi scenic areas is treated before being discharged into municipal sewage systems, achieving zero discharge through reuse in landscaping and restrooms[76]. Accounting Policies and Financial Reporting - The company implemented new revenue recognition standards starting January 1, 2020, as mandated by the Ministry of Finance, affecting its accounting policies and related disclosures[77]. - The financial statements are prepared based on the going concern principle, with no significant doubts regarding the company's ability to continue operations for the next 12 months[127]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that the financial statements accurately reflect its financial position and operating results[128]. - The company uses Renminbi as its functional currency for accounting purposes[131]. - The company recognizes expected credit losses based on the difference between all contractual cash flows expected to be received and the present value of all cash shortfalls, discounted at the original effective interest rate[157]. Shareholder Information - The largest shareholder, Central Television Wuxi Taihu Film and Television City, holds 216,182,194 shares, representing 54.37% of the total shares[83]. - The second-largest shareholder, Central Huijin Asset Management Co., Ltd., holds 9,862,080 shares, accounting for 2.48% of the total shares[83]. - The company has not reported any changes in the number of shareholders or significant shareholder relationships during the reporting period[85]. - The company has not issued any preferred shares during the reporting period[87].

Financial Performance - Net profit attributable to shareholders decreased by 191.77% to a loss of CNY 32,839,618.66 compared to the same period last year[7]. - Operating revenue decreased by 25.32% to CNY 156,124,203.24 compared to the same period last year[7]. - Total revenue for Q1 2020 was ¥156,124,203.24, a decrease of 25.3% compared to ¥209,047,412.66 in Q1 2019[32]. - Net profit for Q1 2020 was a loss of ¥35,005,633.12, compared to a profit of ¥39,151,631.10 in Q1 2019[34]. - The company reported a significant increase in accounts payable, which rose to ¥7,053,161.83 from ¥6,696,117.92 at the end of 2019[30]. - The company reported a total investment loss of ¥586,500.93 in Q1 2020, compared to a loss of ¥294,672.39 in Q1 2019[37]. - The total comprehensive income for Q1 2020 was -¥16,256,248.82, compared to ¥11,777,385.00 in Q1 2019[37]. Assets and Liabilities - Total assets decreased by 6.52% to CNY 1,525,886,124.60 compared to the end of the previous year[7]. - The total assets as of March 31, 2020, were ¥1,097,521,694.99, down from ¥1,159,391,397.24 at the end of 2019[30]. - The total liabilities as of March 31, 2020, were ¥69,379,326.49, a decrease of 39.7% from ¥114,992,779.92 at the end of 2019[30]. - The equity attributable to shareholders as of March 31, 2020, was ¥1,028,142,368.50, down from ¥1,044,398,617.32 at the end of 2019[30]. - The company reported a significant decrease in cash inflow from other operating activities, which was CNY 2,311,268.89 compared to CNY 4,105,836.38 in Q1 2019[42]. - The total current liabilities represent a significant portion of the company's financial structure, highlighting liquidity management[50]. Cash Flow - Cash flow from operating activities improved by 5.56% to a net outflow of CNY 73,086,213.75 compared to the same period last year[7]. - The net cash flow from operating activities for Q1 2020 was -CNY 50,846,081.58, worsening from -CNY 12,245,006.36 in the same period last year[42]. - The company's cash and cash equivalents decreased by 45.64% compared to the beginning of the period due to investments in bank wealth management products[12]. - The company's cash outflow for purchasing goods and services was CNY 17,134,504.95, significantly higher than CNY 8,300,172.97 in Q1 2019, indicating increased operational costs[42]. - The company's cash outflow from investing activities in Q1 2020 was ¥303,899,129.12, slightly lower than ¥306,346,038.57 in Q1 2019[40]. Operational Challenges - The company expects a cumulative net profit loss for the year due to the impact of COVID-19, particularly affecting tourism and advertising businesses, with a significant decrease in operational performance[20]. - The company is facing challenges in maintaining existing advertising orders and acquiring new clients due to the pandemic[20]. - The company is actively pursuing cost reduction and efficiency improvement strategies to mitigate the impact of the pandemic on its operations[20]. Investments and Financial Strategy - The company has allocated RMB 300 million to trading financial assets, indicating a strategic investment approach[24]. - The company has utilized RMB 300 million of idle funds for structured deposits, ensuring capital preservation and interest linkage[18]. - The company's long-term equity investments slightly decreased from RMB 152.42 million to RMB 151.83 million, indicating stability in investment holdings[24]. - The company has a contract liability of $51,518,578.94, reflecting adjustments under the new revenue recognition standards[50]. - The company has fixed assets worth $296,158,601.57, indicating significant investment in long-term operational capacity[49].

2019 年第三季度报告 公司代码：600088 公司简称：中视传媒 中视传媒股份有限公司 2019 年第三季度报告 1 / 29 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 11 | 2019 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司法定代表人唐世鼎、总经理王钧、总会计师蔡中玉及财务部经理罗京媛保证季度报告中 财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 3 / 29 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年 度末增减(%) 总资产 1,550,537,800.63 1,584,266,239.54 -2.13 归属于上市公司股东的净 资产 1,221,68 ...

2019 年半年度报告 公司代码：600088 公司简称：中视传媒 中视传媒股份有限公司 2019 年半年度报告 1 / 139 2019 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司法定代表人唐世鼎、总经理王钧、总会计师蔡中玉及财务部经理罗京媛声明：保证半年 度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 本报告中所涉及的发展战略、经营计划等前瞻性陈述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 公司已在本报告中详细描述可能存在的相关风险，敬请查阅第四节经营情况的讨论与分析中 可能面对的风险相关内容。 十、 其他 □适用 √不适用 2 / 139 √适用 □不适用 | ...

[Important Notice](index=3&type=section&id=Item%20I.%20Important%20Notice) [Statement on Report Authenticity](index=3&type=section&id=1.1%20Company%20Board%20of%20Directors%2C%20Supervisory%20Board%2C%20Directors%2C%20Supervisors%2C%20and%20Senior%20Management%20Guarantee%20the%20Authenticity%2C%20Accuracy%2C%20and%20Completeness%20of%20the%20Quarterly%20Report) The company's Board of Directors, Supervisory Board, and senior management guarantee the authenticity and completeness of this unaudited quarterly report - The company's Board of Directors, Supervisory Board, and senior management guarantee the authenticity, accuracy, and completeness of the quarterly report content and assume corresponding legal responsibilities[4](index=4&type=chunk) - The company's Q1 2019 report is unaudited[5](index=5&type=chunk) [Company Overview](index=3&type=section&id=Item%20II.%20Company%20Overview) [Key Financial Data](index=3&type=section&id=2.1%20Key%20Financial%20Data) In Q1 2019, the company demonstrated strong core financial performance with operating revenue up 34.09% and net income attributable to shareholders up 47.01%, though net cash flow from operating activities significantly decreased by 759.39% Key Financial Data for Q1 2019 | Indicator | Current Period | Prior Year Period | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue (RMB) | 209,047,412.66 | 155,904,424.38 | 34.09 | | Net Income Attributable to Shareholders (RMB) | 35,785,745.56 | 24,341,847.32 | 47.01 | | Net Income Attributable to Shareholders Excluding Non-Recurring Gains/Losses (RMB) | 35,755,791.05 | 24,185,855.54 | 47.84 | | Net Cash Flow from Operating Activities (RMB) | -77,386,583.60 | 11,736,159.22 | -759.39 | | Basic Earnings Per Share (RMB/share) | 0.090 | 0.073 | 23.29 | - During the reporting period, the company's total non-recurring gains and losses amounted to **29,954.51 RMB**, primarily from government subsidies and disposal of non-current assets, with minimal impact on net income[8](index=8&type=chunk) [Shareholder Holdings](index=3&type=section&id=2.2%20Total%20Shareholders%2C%20Top%20Ten%20Shareholders%2C%20and%20Top%20Ten%20Circulating%20Shareholders%20%28or%20Unrestricted%20Shareholders%29%20as%20of%20the%20End%20of%20the%20Reporting%20Period) As of the end of the reporting period, the company had 28,345 shareholders, with its controlling shareholder, CCTV Wuxi Taihu Film and Television City, holding 54.37%, indicating a stable equity structure and related party relationships among top shareholders Top Five Shareholder Holdings | Shareholder Name | Number of Shares Held | Percentage (%) | | :--- | :--- | :--- | | CCTV Wuxi Taihu Film and Television City | 216,182,194 | 54.37 | | Central Huijin Asset Management Co., Ltd. | 9,862,080 | 2.48 | | Pi Minrong | 4,363,300 | 1.10 | | China International Television Corporation | 3,351,663 | 0.84 | | Beijing Zhongdian High-Tech Television Development Co., Ltd. | 3,351,663 | 0.84 | - The actual controller of the company's controlling shareholder, CCTV Wuxi Taihu Film and Television City, and shareholders China International Television Corporation, Beijing Zhongdian High-Tech Television Development Co., Ltd., and Beijing Future Advertising Co., Ltd., is **China Media Group**[10](index=10&type=chunk) [Significant Events](index=5&type=section&id=Item%20III.%20Significant%20Events) [Analysis of Significant Financial Indicator Changes](index=5&type=section&id=3.1%20Significant%20Changes%20and%20Reasons%20for%20Major%20Accounting%20Statement%20Items%20and%20Financial%20Indicators) During the reporting period, multiple financial indicators experienced significant changes, with operating revenue increasing by 34.09% due to advertising business growth, while cash and cash equivalents decreased by 46.35% due to bank wealth management product purchases, and operating cash flow sharply declined by 759.39% due to increased media cost payments - Cash and cash equivalents decreased by **46.35%** from the beginning of the period, while financial assets held for trading increased by **300 million RMB**, primarily due to the purchase of bank wealth management products during the reporting period[11](index=11&type=chunk) - Accounts receivable increased by **576.39%** from the beginning of the period, mainly due to an increase in advertising receivables from customers during the current period[11](index=11&type=chunk) - Operating revenue increased by **34.09%** year-over-year, and operating costs increased by **42.34%** year-over-year, primarily due to increased advertising business revenue and corresponding media costs[11](index=11&type=chunk)[12](index=12&type=chunk) - Net cash flow from operating activities decreased by **759.39%** year-over-year, mainly due to increased cash payments for advertising business media costs compared to the prior year period[13](index=13&type=chunk) [Progress of Significant Matters](index=6&type=section&id=3.2%20Analysis%20of%20Progress%2C%20Impact%2C%20and%20Solutions%20for%20Significant%20Matters) The company engaged in 112.62 million RMB in related party transactions with its actual controller, completed board and registered capital changes, and established a 100 million RMB equity investment fund through its subsidiary for strategic investment in provincial IPTV integrated broadcast control platforms Related Party Transactions in Q1 2019 | Transaction Type | Transaction Content | Related Party | Amount (RMB) | | :--- | :--- | :--- | :--- | | Sales/Service Revenue | Production, Equipment Leasing, Advertising | CCTV and its Subsidiaries | 23,313,540.12 | | Purchases/Expense Payments | Production, Advertising | CCTV and its Subsidiaries | 89,309,587.66 | | **Total** | | | **112,623,127.78** | - The company's wholly-owned subsidiary, Guoshi Rongmei, partnered with Puying Guoshi to establish a special equity investment fund with a total scale not exceeding **100 million RMB**, specifically for investing in provincial IPTV integrated broadcast control platforms, with Guoshi Rongmei contributing no more than **500,000 RMB** as a general partner and fund manager[18](index=18&type=chunk) - During the reporting period, company director Zhang Daguang retired and resigned, with Zhang Xiaomin elected as the new director; concurrently, the company's registered capital changed from **331 million RMB** to **398 million RMB**, and the Articles of Association were revised accordingly[16](index=16&type=chunk) [Appendix](index=8&type=section&id=Item%20IV.%20Appendix) [Financial Statements](index=8&type=section&id=4.1%20Financial%20Statements) This appendix provides the company's unaudited Q1 2019 consolidated and parent company balance sheets, income statements, and cash flow statements, supporting the preceding financial analysis [Consolidated Balance Sheet](index=8&type=section&id=Consolidated%20Balance%20Sheet) As of March 31, 2019, total assets were 1.54 billion RMB, a 2.65% decrease, while net assets attributable to shareholders increased by 3.04% to 1.22 billion RMB due to current period profits, with significant changes in cash and cash equivalents and liabilities Consolidated Balance Sheet Key Items (Unit: RMB) | Item | March 31, 2019 | December 31, 2018 | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 1,542,230,579.76 | 1,584,266,239.54 | -2.65 | | Net Assets Attributable to Shareholders of Listed Company | 1,214,695,629.18 | 1,178,909,883.62 | 3.04 | | Total Liabilities | 283,629,173.06 | 364,816,463.94 | -22.25 | | Cash and Cash Equivalents | 444,121,312.40 | 827,849,434.57 | -46.35 | | Financial Assets Held for Trading | 300,000,000.00 | 0.00 | N/A | [Consolidated Income Statement](index=12&type=section&id=Consolidated%20Income%20Statement) In Q1 2019, total operating revenue reached 209.05 million RMB, up 34.09%, with net income attributable to parent company shareholders at 35.79 million RMB, up 47.01%, driven by advertising business growth, resulting in basic EPS of 0.090 RMB Consolidated Income Statement Key Items (Unit: RMB) | Item | Q1 2019 | Q1 2018 | YoY Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 209,047,412.66 | 155,904,424.38 | 34.09 | | Total Operating Cost | 156,490,476.52 | 121,915,213.12 | 28.36 | | Total Profit | 52,300,994.55 | 34,205,986.81 | 52.90 | | Net Income Attributable to Parent Company Shareholders | 35,785,745.56 | 24,341,847.32 | 47.01 | | Basic Earnings Per Share (RMB/share) | 0.090 | 0.073 | 23.29 | [Consolidated Cash Flow Statement](index=16&type=section&id=Consolidated%20Cash%20Flow%20Statement) In Q1 2019, net cash flow from operating activities was -77.39 million RMB due to increased advertising media costs, while net cash outflow from investing activities was 306.34 million RMB primarily for wealth management products, resulting in a period-end cash and cash equivalents balance of 444.12 million RMB Consolidated Cash Flow Statement Key Items (Unit: RMB) | Item | Q1 2019 | Q1 2018 | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -77,386,583.60 | 11,736,159.22 | | Net Cash Flow from Investing Activities | -306,341,538.57 | -156,591,021.70 | | Net Cash Flow from Financing Activities | 0.00 | 0.00 | | Net Increase in Cash and Cash Equivalents | -383,728,122.17 | -144,854,862.48 | | Cash and Cash Equivalents at Period End | 444,121,312.40 | 658,802,709.13 | [Accounting Standards and Audit Information](index=19&type=section&id=4.2%20Adjustments%20to%20Financial%20Statements%20at%20the%20Beginning%20of%20the%20First%20Year%20of%20Initial%20Application%20of%20New%20Financial%20Instruments%2C%20Revenue%2C%20and%20Lease%20Standards) This section clarifies that the company did not initially adopt new financial instruments, revenue, or lease standards during this reporting period, thus no adjustments to opening financial statements were made, and the quarterly report remains unaudited - The company did not initially adopt new financial instruments, revenue, or lease standards during this reporting period, thus no adjustments to related items in the opening financial statements are involved[40](index=40&type=chunk) - This quarterly report is unaudited[40](index=40&type=chunk)

2018 年年度报告 公司代码：600088 公司简称：中视传媒 中视传媒股份有限公司 2018 年年度报告 1 / 158 2018 年年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 未出席董事情况 | 未出席董事职务 | 未出席董事姓名 | 未出席董事的原因说明 | 被委托人姓名 | | --- | --- | --- | --- | | 董事 | 赵建军 | 工作原因 | 刘金凤 | 三、 信永中和会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司董事长唐世鼎、总经理王钧、总会计师蔡中玉及财务部经理罗京媛声明：保证年度报告 中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 公司拟以2018年末总股本397,706,400股为基数，向全体股东每10股派发现金红利0.87元（含 税），共计分配34,600,456.80元，剩余未分配利润157,843,764.12元结转以后年度分配。2018 年度不进行 ...