Revenue and Profit Performance - Revenue in 2021 decreased by 26.94% to 4.34 billion yuan compared to 5.94 billion yuan in 2020[31] - Net profit attributable to shareholders in 2021 was 330.43 million yuan, a significant increase of 122.50% from a loss of 1.47 billion yuan in 2020[33] - Total revenue in 2021 was 4.34 billion yuan, with a net profit attributable to shareholders of 330.43 million yuan, marking a turnaround from losses[64] - Total operating revenue in 2021 was 4.34 billion yuan, a year-on-year decrease of 26.94%[74] - The company's weighted average return on equity (ROE) improved to 3.22% in 2021 from -13.77% in 2020[33] - The company's basic and diluted earnings per share (EPS) in 2021 were both 0.23 yuan, a significant recovery from -1.04 yuan in 2020[33] Business Strategy and Focus - The company plans to focus on investment and tourism as its core business sectors, aiming to expand investment scale and accelerate the implementation of tourism projects to create new revenue growth points[8] - The company plans to focus on "cultural tourism + investment" strategy in 2022, aiming to develop new cultural tourism products and expand investment business[116] - Key measures for cultural tourism include accelerating the launch of unique products like Mango City and Mango Adventure Park, and integrating technology such as metaverse applications[118] - The investment business will focus on extending the industrial chain and upgrading to a large asset management platform, with Dachen Caizhi aiming to raise new funds totaling 11 billion yuan[119] Impact of COVID-19 - The COVID-19 pandemic has significantly impacted the company's tourism and advertising businesses, with local outbreaks in 2021 causing periodic negative effects[9] - COVID-19 pandemic continues to pose risks to the company's cultural tourism and advertising businesses, with potential negative impacts on performance[124] Cash Flow and Financial Position - Operating cash flow in 2021 surged by 306.13% to 635.48 million yuan compared to 156.47 million yuan in 2020[33] - Investment cash inflow surged by 94.33% to 2.47 billion yuan, primarily due to financial asset distributions and gains from asset disposals[95][98] - Financing cash outflow rose by 64.44% to 5.41 billion yuan, mainly due to loan repayments and centralized payments[98] - Net cash flow from investment activities turned positive at 789.13 million yuan, a significant improvement from a negative 552.66 million yuan in the previous year[98] - Total assets at the end of 2021 decreased by 8.62% to 18.99 billion yuan from 20.78 billion yuan in 2020[33] - Monetary funds decreased by 1.01% of total assets, amounting to 2.06 billion yuan, representing 10.84% of total assets[99] - Long-term equity investments decreased by 1.15% of total assets, totaling 2.44 billion yuan, or 12.83% of total assets[99] - Contract liabilities increased by 0.87% of total assets, reaching 226.54 million yuan, or 1.19% of total assets[102] Non-Recurring Items and Investment Income - The company's non-recurring gains in 2021 included 54.16 million yuan from the reversal of bad debt provisions[39] - The company's non-recurring profit and loss items include compensation for delayed transactions due to permission sales, amounting to 4,799,315.07 yuan[42] - The company's total non-recurring profit and loss for the period was 93,216,670.76 yuan, compared to 181,765,664.40 yuan in the previous period[42] - The company's fair value change gains were 4,428,803.81 yuan, primarily from investment gains in various funds and companies[42] - The company's investment income from financial assets held for trading was 13,854,759.00 yuan, including dividends from multiple entities[42] - The company's disposal of financial assets resulted in a loss of -145,068.40 yuan[45] - The company's total investment income from various sources amounted to 1,246,419,609.08 yuan[45] Tourism and Cultural Projects - The company's tourism market in 2021 showed a steady recovery, with cross-provincial travel returning to pre-pandemic levels[49] - The company's Saint Jofre Grand Hotel and Window of the World theme park achieved significant recognition and growth, with the latter ranking third in national theme park brand influence[50] - The company's cultural tourism strategy was elevated to a provincial-level strategy, included in the "14th Five-Year Plan" for cultural and tourism development in Hunan Province[66] - The "Mango City" project, a core cultural tourism product leveraging Hunan Broadcasting's IP resources, was listed as a key construction project in Hunan Province[66] - The "Mango City" project attracted nearly 200,000 visitors during the National Day Golden Week in 2021[66] - The company's subsidiary, Changsha Window of the World theme park, achieved a record annual visitor count of over 1.3 million, with continuous growth for more than a decade[56] - Changsha Window of the World successfully held 18 creative cultural theme activities, ranking third in the national theme park brand online influence index in December 2021, up 6 places[67] - St. Germain Hotel strengthened product marketing and held various food culture activities, achieving leading business performance in the province and winning the "Golden Leaf Green Tourism Hotel" title[67] Investment and Venture Capital - The company's venture capital arm, Dachen, ranked ninth in the "China Best Venture Capital Institutions" list in 2021, maintaining its position as a top domestic venture capital firm[51] - The company's investment arm, Dachen Capital, achieved a net profit of 550 million yuan in 2021, setting a historical record[64] - Dachen Capital managed a total fund size of 36 billion yuan, invested in over 640 companies, with 120 companies listed on the stock market[64] - In 2021, Dachen Caizhi's rapid revenue growth was attributed to its strong market position and diversified investment strategies[125] - The subsidiary Shenzhen Dachen Caixin Venture Capital Management Co., Ltd. achieved a net profit of 67.45 million yuan, with total assets of 261.60 million yuan and revenue of 1.69 million yuan[113] - Shenzhen Dachen Caizhi Venture Capital Management Co., Ltd. reported a net profit of 550.05 million yuan, with total assets of 2.72 billion yuan and revenue of 310.64 million yuan[113] - Shenzhen Dachen Venture Capital Co., Ltd. recorded a net profit of 337.47 million yuan, with total assets of 2.08 billion yuan and revenue of 5.76 million yuan[113] Advertising and Media Business - The company's advertising business turned a profit in 2021, achieving stable performance[64] - Advertising operations accounted for 69.13% of total operating revenue, with a year-on-year decrease of 13.15%[74] - Advertising operations accounted for 88.80% of total operating costs, with a year-on-year decrease of 14.57%[78] - Yunhong Communication's advertising business achieved a turnaround through marketing integration and expansion into new streaming media platforms[68] Game Business - The company's online game business continued to grow steadily, with key games including "Audition," "Mobile Suit Gundam Online," and "Love Apartment Puzzle"[59] - Game business revenue was 458.77 million yuan, accounting for 10.57% of total operating revenue, with a year-on-year increase of 8.02%[74] - Shanghai Jiuzhi Run's game business continued steady growth, achieving a net profit of 121 million yuan in 2021, a year-on-year increase of 10%[68] - Shanghai Jiuzhi Run Information Technology Co., Ltd., a subsidiary focused on online games, generated a net profit of 120.73 million yuan, with total assets of 442.19 million yuan and revenue of 458.78 million yuan[113] Corporate Governance and Leadership - The company held 1 annual general meeting and 2 extraordinary general meetings during the reporting period, with investor participation rates of 25.49%, 22.47%, and 21.70% respectively[139] - The company has 9 directors, including 3 independent directors, and held 11 board meetings during the reporting period[131] - The company has 3 supervisors, including 1 employee supervisor, and held 4 supervisory board meetings during the reporting period[131] - The company's chairman and CEO holds 100,000 shares with no changes during the reporting period[140] - The company maintains independence in business, personnel, assets, organization, and finance from its controlling shareholder[136] - The company has a complete business system and independent operating capabilities, with no horizontal competition with the controlling shareholder[136] - The company has an independent human resources department and complies with labor laws in employee management[136] - The company has an independent financial department with separate accounting systems and bank accounts[136] - The company's governance status complies with CSRC regulations and shows no significant differences[135] - The company emphasizes investor relations through various communication channels and ensures equal information access for all shareholders[131] - Wang Yanzhong was elected as the Chairman of the Board on July 2, 2021[146] - Yang Yun was elected as a director on September 22, 2021[146] - The company reported no changes in directors, supervisors, or senior management during the reporting period[146] - Wang Yanzhong currently holds multiple leadership roles, including Chairman and General Manager of Hunan TV & Broadcast Intermediary Co., Ltd[147] - Yang Yun has extensive financial management experience and currently serves as the Director of Finance at Hunan Broadcasting System and Deputy General Manager of Mango Media[147] - Zhao Hongqiong serves as the Vice President and Director of Hunan TV & Broadcast Intermediary Co., Ltd, and also holds leadership roles in several affiliated companies[147] - Shen Bo is the Vice President and Director of Hunan TV & Broadcast Intermediary Co., Ltd, and Chairman of Yunhong Communication Technology (Guangzhou) Co., Ltd[147] - Fu Weigang is the Vice President and CFO of Hunan TV & Broadcast Intermediary Co., Ltd, with prior experience as CFO at Jiangxi Bosheng Information Technology Co., Ltd[149] Executive Compensation - Total compensation for senior management in the reporting period amounted to 320,981 units[146] - Compensation for specific executives: Shen Bo received 29,300 units, and Mao Xiaoping received 191,681 units[143][146] - The company's Chairman and CEO, Wang Yanzhong, received a pre-tax remuneration of 3.384 million yuan[159] - The company's Vice President, Zhao Hongqiong, received a pre-tax remuneration of 2.3072 million yuan[159] - The company's Vice President, Shen Bo, received a pre-tax remuneration of 2.383 million yuan[159] - The company's Vice President and CFO, Fu Weigang, received a pre-tax remuneration of 2.2705 million yuan[159] - The company's independent directors each received an annual allowance of 180,000 yuan[159] - The company's total pre-tax remuneration for directors, supervisors, and senior management was 22.0753 million yuan[162] Dividend Policy and Distribution - The company has approved a profit distribution plan to distribute a cash dividend of 0.20 yuan per 10 shares (tax included) based on a total share capital of 1,417,556,338 shares[11] - The company's cash dividend policy stipulates that the cumulative cash dividends distributed in the last three years should not be less than 30% of the average annual distributable profits over the same period[188] - The company plans to distribute a cash dividend of RMB 0.20 per 10 shares, totaling RMB 28.35 million, based on a total share capital of 1,417,556,338 shares[189] - The cash dividend amount accounts for 16.87% of the total distributable profits[189] Internal Control and Audit - The company's internal control system is effective, with 93.45% of the total assets and 95.04% of the total revenue included in the evaluation scope[194] - No significant or material defects were found in the company's financial and non-financial reporting internal controls during the reporting period[194] - The company's internal control audit report received a standard unqualified opinion, consistent with the board's self-evaluation report[197] Board Meetings and Decisions - The company's Board of Directors held its 10th meeting on January 13, 2021, to review and approve the proposal to reappoint the accounting firm[163] - The company's Board of Directors held its 11th meeting on March 3, 2021, to review and approve the proposal to provide a loan guarantee for its subsidiary, Yunhong Communication Technology (Guangzhou) Co., Ltd[163] - The company's Board of Directors held its 12th meeting on April 28, 2021, to review and approve the 2020 annual report and the 2020 profit distribution plan[163] - The company's Board of Directors approved the 2021 operating plan and the 2021 first-quarter report during its 12th meeting[163] Expenses and Cost Management - Sales expenses decreased by 25.02% to 438,818,618.94 yuan, mainly due to the exclusion of network company salaries[87] - Management expenses decreased by 50.07% to 554,432,241.85 yuan, also due to the exclusion of network company salaries[87] - Financial expenses decreased by 36.02% to 203,713,549.20 yuan, mainly due to reduced financing scale and repayment of long-term investments[90] - R&D expenses increased by 6.94% to 90,760,192.77 yuan, accounting for 2.09% of total revenue[90][93] - The company's R&D personnel decreased by 1.20% to 165 people, with a slight increase in the proportion of R&D personnel to 7.88%[93] Asset and Liability Management - Financial assets, including trading financial assets and other equity instrument investments, decreased by 736.36 million yuan in fair value[103] - Restricted assets, primarily due to bank acceptance guarantees and project deposits, amounted to 128.93 million yuan[106] Customer and Supplier Concentration - The company's top 5 customers accounted for a total sales amount of 1,612,782,378.03 yuan, representing 37.16% of the total annual sales[83][85] - The top 5 suppliers accounted for a total procurement amount of 1,879,374,373.54 yuan, representing 57.82% of the total annual procurement[85] R&D and Innovation Projects - The company's overseas mobile game customization project is continuously being adjusted according to market and customer requirements[91] - The company's second-hand trendy toy platform project is undergoing monthly system updates, aiming to accumulate market share and increase traffic[91] - The company's game platform system is undergoing monthly maintenance and new product SDK development to ensure smooth operation[91]

湖南电广传媒股份有限公司 2021 年第三季度报告 1 证券代码：000917 证券简称：电广传媒 公告编号：2021-42 湖南电广传媒股份有限公司 2021 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、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。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中 财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | --- | |------------------------------------------------------|-------------------|-------------------------|--------------------------|----- ...

股票代码：000917 股票简称：电广传媒 公告编号：2021-38 债券代码：112638 债券简称：18 湘电 01 湖南电广传媒股份有限公司 关于参加 2021 年湖南辖区上市公司投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 为进一步强化与投资者的互动交流，使广大投资者能更深入全面地了解公司 情况，湖南电广传媒股份有限公司（以下简称"公司"）将参加由中国证券监督 管理委员会湖南监管局主办、湖南省上市公司协会与深圳市全景网络有限公司协 办的"2021 年湖南辖区上市公司投资者网上集体接待日"活动，现将有关事项 公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的网 上平台，采取网络远程的方式举行，投资者可以登陆"全景·路演天下"网站 （http://rs.p5w.net），参与公司本次投资者集体接待日活动，活动时间为 2021 年 9 月 24 日（星期五）下午 15:00－17:00。 届时公司董事会秘书谭北京等相关人员将通过网络文字交流形式与投资者 进行沟通。 欢迎广大投资者积极参与。 湖南电广 ...

Financial Performance - The company's operating revenue for the first half of 2021 was ¥2,183,067,944.29, a decrease of 11.17% compared to ¥2,457,668,744.68 in the same period last year[25]. - The net profit attributable to shareholders of the listed company was ¥470,926,204.61, a significant recovery from a loss of ¥267,223,288.50 in the previous year[25]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥454,539,659.66, compared to a loss of ¥319,604,245.80 in the same period last year[25]. - The net cash flow from operating activities was ¥231,278,901.36, a substantial increase of 2,669.13% from ¥8,352,038.05 in the previous year[25]. - The basic and diluted earnings per share were both ¥0.33, recovering from a loss of ¥0.19 per share in the same period last year[25]. - The weighted average return on equity was 4.55%, an increase of 7.00% compared to -2.45% in the previous year[25]. - The company achieved a revenue of 2.183 billion yuan and a net profit attributable to shareholders of 471 million yuan, marking a turnaround from losses year-on-year[36]. - The company reported a net profit of CNY 45,453.97 million, a significant increase compared to a loss of CNY 31,960.42 million in the same period last year[178]. Assets and Liabilities - Total assets at the end of the reporting period were ¥19,576,081,818.11, a decrease of 5.81% from ¥20,783,592,605.53 at the end of the previous year[25]. - The company's total assets as of June 30, 2021, were CNY 4,000,000 million, compared to CNY 4,500,000 million at the end of 2020[183]. - The company's total liabilities decreased to CNY 1,568,000 million from CNY 1,980,000 million, reflecting a reduction in financial obligations[183]. - Total liabilities decreased from ¥9,146,858,594.12 to ¥7,667,330,070.72, a decline of about 16.2%[192]. - Long-term borrowings increased from ¥669,924,754.75 to ¥1,185,000,000.00, an increase of about 77%[192]. - The total amount of bonds payable decreased from 2,800,000,000.00 to 1,000,000,000.00, a decrease of about 64.3%[199]. Revenue Growth - The investment business, managed by Dacheng Investment and Dacheng Finance, reported a net profit of 487.79 million yuan, reaching a historical high[39]. - The company’s tourism project, Changsha World Window, recorded an income of 77.78 million yuan and a net profit of 16.00 million yuan in the first half of 2021[39]. - The company’s five-star hotel, Saint Jue Fei Si, achieved an operating income of 85.69 million yuan and a net profit of 16.62 million yuan during the same period[39]. - The company’s media game business, managed by Shanghai Jiuzhirun, reported a net profit of 75.90 million yuan, reflecting a year-on-year growth of 27.18%[40]. - The hotel revenue increased by 87.35% to ¥89,891,559.67 from ¥47,980,668.90, indicating strong performance in the hospitality sector[48]. - The tourism revenue surged by 134.78% to ¥76,423,184.06 from ¥32,551,665.70, highlighting growth in the tourism business[48]. Strategic Focus - The company is focusing on the "cultural tourism + investment" strategy, with significant progress in developing new tourism projects, including the signing of the Yiyang 691 Time Town project[36]. - The company aims to leverage unique IP resources for deep development in cultural tourism, targeting to become the largest cultural tourism investment platform in Hunan Province[41]. - The company is actively pursuing resource acquisition and mergers and acquisitions to support its strategic objectives[39]. Investment and Fund Management - The company has invested in over 600 enterprises, with 116 successfully listed, and managed a total fund size of 36 billion yuan[36]. - The venture capital business, managed by Dacheng Venture Capital, has a total fund size of ¥36 billion and has invested in over 600 companies, with 116 listed and more than 90 on the New Third Board[41]. - Investment income rose by 147.98% to ¥829,834,203.00 from ¥334,637,608.05, driven by increased fund distribution income[48]. - The company reported a significant increase in contract liabilities, rising to approximately $116.80 million, up from $66.74 million[56]. Corporate Governance and Social Responsibility - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company and its subsidiaries contributed a total of 66,500 yuan to support COVID-19 prevention efforts, and donated six negative pressure ambulances valued at 2.01 million yuan to hospitals[84]. - The company invested approximately 20.96 million yuan in poverty alleviation efforts in 2020[86]. - The company has not faced any significant legal disputes or penalties during the reporting period[98]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 85,759[148]. - The largest shareholder, Hunan Broadcasting Network Holding Group Co., Ltd., holds 16.66% of the shares, totaling 236,141,980 shares[148]. - A total of 122,433,108 restricted shares were reported at the beginning of the period, with 122,173,622 shares released during the period, resulting in 259,486 shares remaining[148]. - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period[156].

Financial Performance - The company's operating revenue for Q1 2021 was ¥962,332,600.58, a decrease of 20.36% compared to the same period last year[9]. - The net profit attributable to shareholders was ¥18,922,919.09, a significant recovery from a loss of ¥141,879,832.65 in the previous year[9]. - Basic and diluted earnings per share were both ¥0.01, recovering from a loss of ¥0.10 per share in the previous year[9]. - The weighted average return on equity improved to 0.19%, up from -1.29% in the same period last year[9]. - Total revenue for the period was ¥962,332,600.58, a decrease of 20.36% compared to ¥1,208,283,847.92 in the same period last year[20]. - Net profit for the current period is CNY 50,149,619.26, compared to a net loss of CNY 186,348,890.32 in the previous period, indicating a significant turnaround[61]. - The company reported a gross profit of CNY 38,937,843.43, recovering from a loss of CNY 174,377,466.34 in the previous period[61]. - The company has reported a total comprehensive loss of CNY 164,291,748.41 for the current period, compared to a loss of CNY 190,504,218.91 in the previous period, showing improvement[64]. Cash Flow - The net cash flow from operating activities increased by 967.00% to ¥521,898,015.40 compared to ¥48,912,825.20 in the same period last year[9]. - Cash flow from operating activities for the current period is 1,682,894,396.68, an increase from 1,273,061,673.11 in the previous period[72]. - Cash flow from investing activities shows a net outflow of -79,156,319.27, compared to -87,964,509.24 in the previous period, indicating a slight improvement[75]. - Cash flow from financing activities has a net outflow of -585,951,602.42, worsening from -52,449,984.28 in the previous period[78]. - The total cash inflow from operating activities includes 489,380,385.07 from other operating activities, significantly higher than 15,150,450.95 in the previous period[72]. - The net cash flow from operating activities was ¥412,814,192.98, a significant improvement compared to the previous period's net cash flow of -¥131,460,817.36[79]. - Cash received from operating activities totaled ¥498,100,904.67, compared to ¥41,765,043.53 in the previous period[79]. Assets and Liabilities - Total assets at the end of the reporting period were ¥19,996,906,223.49, a decrease of 3.79% from the end of the previous year[9]. - The net assets attributable to shareholders decreased by 0.98% to ¥10,095,832,536.90 compared to the previous year-end[9]. - Current liabilities increased to ¥5,313,970,996.31 from ¥4,709,196,057.69, an increase of about 12.8%[43]. - Non-current liabilities decreased to ¥3,377,142,964.18 from ¥4,437,662,536.43, a decline of approximately 23.9%[43]. - Total liabilities decreased to ¥8,691,113,960.49 from ¥9,146,858,594.12, a reduction of about 5.0%[43]. - Owner's equity decreased to ¥11,305,792,263.00 from ¥11,636,734,011.41, reflecting a decline of approximately 2.8%[46]. - Total current assets decreased to ¥7,613,598,502.08 from ¥8,001,185,214.46, a decline of approximately 4.8%[47]. Investments - The company recognized government subsidies amounting to ¥13,204,945.10 during the reporting period[9]. - The company reported an increase in investment income to ¥196,397,363.66, up from ¥15,118,426.25, reflecting a significant rise in fund distribution income[20]. - Long-term equity investments increased to ¥2,944,557,845.94 from ¥2,906,442,899.40, reflecting a growth of approximately 1.3%[40]. - Other equity instrument investments decreased slightly to ¥8,356,414,624.53 from ¥8,398,921,234.63, a decline of about 0.5%[40]. - Cash received from investment income was ¥146,600,000.00, a notable increase from ¥1,221,000.00 in the previous period[82]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 89,462[13]. - The largest shareholder, Hunan Broadcasting Network Group, held 16.66% of the shares, totaling 236,141,980 shares[13].

Financial Performance - The company's operating revenue for 2020 was approximately ¥5.94 billion, a decrease of 16.07% compared to ¥7.08 billion in 2019[27]. - The net profit attributable to shareholders for 2020 was approximately -¥1.47 billion, compared to a profit of ¥111.11 million in 2019[27]. - The net cash flow from operating activities decreased by 91.04% to approximately ¥156.47 million from ¥1.75 billion in 2019[27]. - The basic and diluted earnings per share for 2020 were both -¥1.040, compared to ¥0.08 in 2019[27]. - The weighted average return on net assets was -13.77% in 2020, down from 1.02% in 2019[27]. - The company reported a total revenue of 593,994.18 million yuan in 2020, a decrease of 16.07% year-on-year, with a net loss attributable to shareholders of 146,839.40 million yuan[55]. - The company reported a net profit of CNY 1.10 billion during the reporting period[62]. - The company’s advertising business faced significant challenges due to the pandemic, leading to a historical loss for its subsidiary, Yunhong Media[62]. - The company’s revenue from network transmission services was CNY 1.43 billion, down 20.07% from the previous year[67]. - The company’s film and television production and distribution segment saw a dramatic decline, with revenue dropping by 94.96% to CNY 41 million[67]. Impact of COVID-19 - The COVID-19 pandemic significantly impacted the company's performance across its cultural tourism, advertising, and cable network businesses, leading to a substantial decline in operating results[8]. - The company is closely monitoring the economic situation due to the pandemic and is adjusting its strategies to mitigate impacts on its business[8]. - The company’s tourism and culture business, including the World Window theme park, achieved over 1.3 million visitors annually, demonstrating resilience despite the pandemic[50]. - The company’s cable group has taken on significant responsibilities during the pandemic, providing free access to all cable TV programs and launching online educational services[60]. Business Strategy and Development - The company plans to participate in the establishment of China Broadcasting Network Co., Ltd. to enhance its cable network business amid competition from IPTV and internet video[7]. - The company plans to focus on developing unique cultural tourism products and expanding its cultural tourism resources[45]. - The company aims to integrate and expand its cultural tourism resources to create new growth points[45]. - The company has established Hunan Mango Cultural Tourism Investment Co., Ltd. to enhance its cultural tourism business[45]. - The company has engaged in the acquisition of quality tourism resources through various methods, including mergers and partnerships[112]. - The company aims to enhance product competitiveness through increased investment in new product development[84]. - The company is actively exploring new business opportunities in the "stay-at-home economy" and expanding overseas[62]. - The company has initiated the establishment of a joint venture to develop new drone advertising business[62]. Asset and Investment Management - Total assets at the end of 2020 were ¥20,783,592,605.53, a decrease of 7.21% compared to the end of 2019[30]. - Net assets attributable to shareholders at the end of 2020 were ¥10,195,922,878.18, down 7.77% from the end of 2019[30]. - The company’s fixed assets decreased by 81.96% compared to the previous year, primarily due to the exclusion of the cable network group from consolidation[49]. - The intangible assets decreased by 92.10% year-on-year, mainly due to the exclusion of the cable network group[49]. - The company’s investment in other equity instruments increased by 135% year-on-year, mainly due to participation in the national cable network integration[49]. - The investment business, managed by Dacheng Venture Capital, has a total fund size of 350 billion yuan, with over 580 invested companies, including more than 100 listed companies and 90 on the New Third Board[51]. Cash Flow and Financing - Operating cash inflow decreased by 19.63% to approximately ¥6.21 billion in 2020 from ¥7.73 billion in 2019, primarily due to a decline in revenue from the cable group and the impact of the pandemic on the cultural tourism and advertising businesses[90]. - Financing cash inflow increased by 2.57% to approximately ¥4.01 billion in 2020, while financing cash outflow decreased significantly by 53.12% to approximately ¥3.29 billion[90]. - The net increase in cash and cash equivalents was approximately ¥315.86 million in 2020, a turnaround from a decrease of ¥585.76 million in 2019[90]. - The total amount of monetary funds at the end of 2020 was approximately ¥2.46 billion, representing 11.85% of total assets, an increase from 9.76% at the beginning of the year[93]. Shareholder and Dividend Policy - The company will not distribute cash dividends or issue bonus shares for the year[10]. - The company did not propose a cash dividend distribution plan for the reporting period despite having a positive profit available for distribution to ordinary shareholders[125]. - The company’s cash dividend policy stipulates that at least 30% of the average distributable profit over the last three years should be distributed if conditions are met[119]. - The company did not distribute cash dividends for the 2020 fiscal year due to operational losses, with profits carried forward to the next year[120]. Related Party Transactions and Governance - The total expected amount of related party transactions for 2020 is 194,900 million yuan, while the actual amount that occurred is 153,713.18 million yuan[154]. - The actual amount of related party transactions did not exceed the expected total amount during the reporting period[155]. - The company had no significant litigation or arbitration matters during the reporting period[140]. - There were no penalties or rectification situations reported for the company during the reporting period[141]. - The company has not faced any non-operating fund occupation by controlling shareholders or related parties during the reporting period[130]. Audit and Compliance - The company has engaged Tianjian Accounting Firm for auditing services, with a fee of ¥3.32 million[136]. - The company has maintained a continuous audit service relationship with Tianjian Accounting Firm for 12 years[138]. - The company did not face any delisting situations or bankruptcy restructuring matters during the reporting period[139]. - The company has not experienced any significant accounting errors requiring retrospective restatement during the reporting period[132].

Financial Performance - Operating revenue for the period was CNY 1,497,040,730.02, a decrease of 20.36% year-on-year[9] - Net profit attributable to shareholders was a loss of CNY 642,081,130.60[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 648,022,641.58, representing a 515.68% increase in loss compared to the same period last year[9] - Basic and diluted earnings per share were both -CNY 0.45[9] - The weighted average return on net assets was -5.95%, down from -6.50% in the previous year[9] - The total revenue for the third quarter of 2020 was CNY 1,497,040,730.02, compared to CNY 1,879,647,891.07 in the same period last year, showing a decline of about 20.3%[62] - The net profit for the third quarter of 2020 was -¥851,847,488.86, a significant decline compared to a net profit of ¥121,075,310.92 in the same period last year, representing a year-over-year decrease of approximately 807%[82] - The total profit for the quarter was -¥786,332,611.08, compared to a profit of ¥187,741,728.47 in the previous year, indicating a decline of around 519%[82] Assets and Liabilities - Total assets increased by 2.42% to CNY 22,940,116,579.87 compared to the end of the previous year[9] - Net assets attributable to shareholders decreased by 4.89% to CNY 10,514,471,092.59[9] - The total liabilities rose to ¥11,040,309,360.95 from ¥10,121,405,158.43, indicating an increase of about 9.1%[50] - The company's total current assets amounted to CNY 6,767,320,388.59, up from CNY 5,526,077,459.03, indicating a year-over-year increase of about 22.5%[57] - The total liabilities increased to CNY 6,575,681,233.94 from CNY 5,333,170,603.32, reflecting a rise of approximately 23.3%[60] - The company's total assets increased to ¥22,940,116,579.87 from ¥22,398,640,520.40, marking a growth of approximately 2.4%[52] - The company's total equity attributable to shareholders decreased to ¥10,514,471,092.59 from ¥11,054,534,287.76, a decline of approximately 4.9%[52] Cash Flow - Cash flow from operating activities decreased by 53.38% to CNY 295,587,781.75 year-to-date[9] - Cash inflow from operating activities was 4,462,239,460.73, compared to 4,905,403,475.89 in the previous period, reflecting a decrease of 9.0%[95] - Cash outflow from operating activities totaled 4,166,651,678.98, a slight decrease from 4,271,351,217.25 in the prior period[95] - Cash inflow from investment activities totaled 1,067,928,824.88, down 37.0% from 1,691,402,359.56 in the prior period[98] - The net increase in cash and cash equivalents for the period was 314,268,682.92, contrasting with a decrease of 814,286,367.58 in the prior period[98] Investments and Income - Investment income surged by 198.45% to ¥612,137,446.33, driven by increased fund distribution income and performance rewards[24] - The company reported a significant increase in financial liabilities, with short-term borrowings rising to CNY 1,369,000,000.00 from CNY 40,000,000.00, a dramatic increase of over 3322.5%[60] - The company reported a net profit from investments of CNY 277,499,838.28, significantly higher than CNY 13,028,631.67 in the previous year, marking an increase of over 2000%[65] - The company incurred a loss of ¥416,650,842.29 in asset impairment losses, compared to a loss of ¥38,075,297.39 in the previous year, indicating a deterioration in asset quality[82] Shareholder Information - The top shareholder, Hunan Broadcasting Network Group, holds 16.66% of the shares, totaling 236,141,980 shares[13] - The company has no significant non-operating fund occupation by controlling shareholders or related parties during the reporting period[39] - The company has no significant external guarantees during the reporting period[38] Other Financial Metrics - The company reported a significant increase in other comprehensive income, which rose to ¥1,041,477,220.93 from ¥650,972,651.93, representing a growth of about 59.9%[52] - The company incurred management expenses of CNY 742,842,948.68, slightly down from CNY 762,693,335.23 in the previous period[79] - The research and development expenses for the current period are CNY 58,391,598.91, compared to CNY 55,284,293.80 in the previous period, reflecting an increase[79] - The company reported a tax expense of CNY 61,157,112.94 for the current period, with no tax expense reported in the previous period[75]

湖南电广传媒股份有限公司 2020 年半年度报告全文 湖南电广传媒股份有限公司 2020 年半年度报告 2020 年 08 月 1 湖南电广传媒股份有限公司 2020 年半年度报告全文 第一节 重要提示、目录和释义 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。 公司负责人王艳忠、主管会计工作负责人付维刚及会计机构负责人(会计主 管人员)蔡其志声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 1.行业经营风险 有线网络业务受 IPTV、移动电视、互联网视频等竞争影响，存在用户 流失的风险。根据《中共中央宣传部等关于印发〈全国有线电视网络整合发展实施方案〉的 通知》（中宣发〔2020〕4 号），公司拟以现金及有线网络股权出资参与发起组建中国广电网 络股份有限公司，积极参与全国有线电视网络整合，对于有线网络业务发展、以及公司产业 结构调整都具有积极影响。 2.新冠病毒肺炎疫情风险 2020 年初新型冠状病毒肺炎疫情在国内及国际蔓延，对中国 以及世界经济均造成了巨 ...

Financial Performance - The company's operating revenue for Q1 2020 was ¥1,208,283,847.92, a decrease of 15.21% compared to ¥1,424,982,164.67 in the same period last year[9] - The net profit attributable to shareholders of the listed company was -¥141,879,832.65, compared to a profit of ¥8,593,055.28 in the previous year[9] - The basic earnings per share for the reporting period was -¥0.10, compared to ¥0.01 in the same period last year[9] - The weighted average return on net assets was -1.29%, down from 0.08% in the previous year[9] - The net profit for the current period is a loss of ¥186,348,890.32, compared to a profit of ¥749,936.28 in the previous period, marking a significant decline[64] - The operating profit for the current period is a loss of ¥174,377,466.34, compared to a profit of ¥4,729,774.88 in the previous period, showing a substantial decline[64] - The total comprehensive income for the current period is a loss of ¥190,504,218.91, compared to a gain of ¥3,192,356.04 in the previous period[67] Cash Flow - The net cash flow from operating activities increased by 41.16% to ¥48,912,825.20 from ¥34,649,983.50 in the same period last year[9] - The total cash inflow from operating activities is CNY 1,273,061,673.11, down from CNY 1,505,660,380.35 in the previous period[75] - The net cash flow from operating activities was -131,460,817.36 CNY, a significant decrease from -18,096,290.65 CNY in the previous period[82] - Cash outflow from investment activities totals CNY 338,358,279.87, compared to CNY 955,076,677.03 in the previous period[78] - The net cash flow from investment activities improved to 174,493,174.67 CNY, compared to -577,010,567.40 CNY in the previous period[85] - The net cash flow from financing activities is a loss of CNY 52,449,984.28, compared to a gain of CNY 324,064,783.51 in the previous period[81] Assets and Liabilities - The total assets at the end of the reporting period were ¥22,135,665,612.39, a decrease of 1.17% from ¥22,398,640,520.40 at the end of the previous year[9] - The total liabilities decreased to ¥10,044,034,469.33 from ¥10,121,405,158.43, a reduction of approximately 0.77%[46] - Current liabilities totaled ¥4,549,375,292.81, down from ¥5,312,113,456.56, showing a decline of about 14.4%[46] - The total owner's equity decreased to ¥12,091,631,143.06 from ¥12,277,235,361.97, reflecting a decline of about 1.52%[49] - The total equity is reported at ¥9,707,458,699.51, down from ¥9,763,970,554.38 in the previous period, indicating a decrease of about 0.6%[56] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 107,961[13] - The largest shareholder, Hunan Broadcasting Network Group, held 16.66% of the shares, totaling 236,141,980 shares[13] Other Financial Metrics - The company recognized government subsidies amounting to ¥35,938,729.16 during the reporting period[9] - Accounts receivable increased significantly by 1164.34% to ¥114,379,146.98, primarily due to an increase in receivables from advertising revenue[22] - Other receivables decreased by 33.73% to ¥500,008,784.06, mainly due to a reduction in the transfer payment of ¥220 million from Wuhan Dongyuan[22] - Financial expenses decreased by 26.08% to ¥67,189,461.64, primarily due to a reduction in interest expenses from decreased bank loans[22] - Other income increased by 626.15% to ¥34,775,102.60, mainly from increased VAT deductions and government subsidies[22] - Investment income decreased by 83.00% to ¥15,118,426.25, primarily due to lower returns from equity investments[22] Capital Expenditures - Cash paid for the purchase of fixed assets decreased by 34.20% to ¥94,854,378.87, mainly due to reduced payments for network engineering affected by the COVID-19 pandemic[25] - Long-term equity investments amounted to ¥1,919,415,598.50, slightly increasing from ¥1,916,567,686.76[43] - Other equity instrument investments rose to ¥3,724,907,017.31 from ¥3,567,330,489.55, reflecting a growth of approximately 4.4%[43] - Total non-current assets increased to ¥14,159,696,153.34 from ¥14,063,495,268.86, indicating a growth of about 0.68%[43]

湖南电广传媒股份有限公司 2019 年年度报告全文 湖南电广传媒股份有限公司 2019 年年度报告 2020 年 04 月 1 湖南电广传媒股份有限公司 2019 年年度报告全文 力布局，进行产业结构调整。 积金转增股本。 第一节重要提示、目录和释义 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。 公司负责人陈刚、主管会计工作负责人付维刚及会计机构负责人(会计主管 人员)蔡其志声明：保证年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 1.行业经营风险 | --- | |------------------------------------------------------------------------------| | | | 有线网络业务受 IPTV 、移动电视、互联网视频等竞争影响，存在用户流 | | 失的可能性。公司将积极提升服务质量和用户体验，积极争取各项有利政策， | | 紧抓 广电 5G 新机遇，努力开拓新业务，增强用户粘性，提升市场竞争力。同 | ...