第五届监事会第十一次会议决议公告 证券代码：002905 证券简称：金逸影视 公告编号：2025-022 广州金逸影视传媒股份有限公司 第五届监事会第十一次会议决议公告 本公司及监事会全体人员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 一、监事会会议召开情况 广州金逸影视传媒股份有限公司（以下简称"公司"）第五届监事会第十一次 会议于 2025 年 6 月 27 日下午 16:00 以通讯表决的方式召开。会议通知于 2025 年 6 月 24 日以书面、邮件、传真或电话方式向全体监事发出。本次会议应出席 监事 3 名，实际出席监事 3 名。本次会议由监事会主席温泉先生召集与主持。本 次会议的通知、召集和召开符合《公司法》《公司章程》《监事会议事规则》的有 关规定。 二、监事会会议审议情况 同意公司根据中国证券监督管理委员会发布的《关于新<公司法>配套制度 规则实施相关过渡期安排》《上市公司章程指引》等相关法律法规的规定，结合 公司实际情况，不再设置监事会，监事会的职权由董事会审计委员会行使，《广 州金逸影视传媒股份有限公司监事会议事规则》等监事会相关制度相应废止，同 时《公司 ...

第五届董事会第十一次会议决议公告 证券代码：002905 证券简称：金逸影视 公告编号：2025-021 广州金逸影视传媒股份有限公司 第五届董事会第十一次会议决议公告 本公司及董事会全体人员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 一、董事会会议召开情况 广州金逸影视传媒股份有限公司（以下简称"公司"）第五届董事会第十一次 会议于 2025 年 6 月 27 日下午 15:00 以通讯表决的方式召开。会议通知以书面、 邮件、传真或电话方式于 2025 年 6 月 24 日向全体董事、监事及高级管理人员发 出。本次会议应出席董事 9 名，实际出席董事 9 名。本次会议由公司董事长李晓 文先生召集与主持。公司全体监事、高级管理人员列席了会议。本次会议的通知、 召集和召开符合《公司法》《公司章程》《董事会议事规则》的有关规定。 二、董事会会议审议情况 经与会董事认真审议与表决，会议审议通过了以下议案： 1、审议通过了《关于修订<公司章程>暨修订、制定及废止公司部分治理制 度的议案》，并同意将该议案提交 2025 年第一次临时股东会审议。 同意公司根据中国证券监督管理委员会发布的 ...

Group 1 - The summer film season of 2025 is approaching, with films entering a concentrated scheduling period, and the market is expected to improve marginally due to quality supply [1][2][3] - The summer season is one of the most important periods for films, lasting from June to August, and historically contributes significantly to annual box office revenue, accounting for 28% to 34% of total box office in the past three years [1][2] - As of June 10, 2025, a total of 69 films have been scheduled for release, indicating room for growth compared to previous years, with notable films set to release in June, July, and August [2] Group 2 - Current market expectations are low, but there is optimism for marginal improvement in the overall market driven by supply, despite a decline in market heat since Q2 due to a lack of major releases [3] - The first quarter of 2025 saw a surge in viewership driven by "Nezha 2," but the absence of major films in Q2 has led to decreased market enthusiasm [3]

Investment Rating - The industry investment rating is "Recommended" with expectations of exceeding the benchmark index by more than 5% in the next 3-6 months [17]. Core Viewpoints - The summer film season is crucial, spanning three months (June, July, August), and historically contributes significantly to annual box office performance, accounting for 28%, 34%, and 25% of total box office from 2022 to 2024 [6][4]. - As of June 10, 2025, 69 films have been scheduled for release in the summer season, indicating a robust supply of content, with several high-profile films set to premiere [6][7]. - Market expectations are currently low, but there is optimism for marginal improvement in the box office driven by quality content releases [6][4]. - The report recommends actively monitoring companies such as Maoyan Entertainment, Wanda Film, Shanghai Film, and others due to the anticipated positive impact of the summer film season [6]. Summary by Sections Industry Basic Data - The industry comprises 18 listed companies with a total market capitalization of 204.95 billion and a circulating market capitalization of 189.99 billion [3]. Relative Index Performance - The absolute performance over the last 1 month, 6 months, and 12 months is 4.2%, -4.6%, and 18.5% respectively, while the relative performance is 2.9%, -2.3%, and 8.6% [4]. Upcoming Film Releases - Key films scheduled for release include "分手清单" on June 14, "酱园弄·悬案" on June 21, and "侏罗纪世界：重生" on July 2, among others, showcasing a diverse lineup for the summer season [7][8].

Industry Overview - In 2024, the number of operating cinemas in China reached 13,337, a historical high, despite a backdrop of declining box office revenues, leading to intensified market competition [1] - The total number of screens in operation in 2024 reached 81,500, surpassing 80,000 for the first time [1] - The number of newly built cinemas in 2024 was 1,026, representing a year-on-year growth of 19.9% [1] Company Developments - Wanda Film reported opening 7 new cinemas in 2024, maintaining a total of 892 cinemas and 7,435 screens by the end of the year [2] - Hengdian Film announced the opening of 29 new asset-linked cinemas in 2024, bringing its total to 541 cinemas [2] - Happiness Blue Sea opened 2 new cinemas in 2024, with plans to sign 5 new cinema projects [3] Strategic Adjustments - Hengdian Film is optimizing its cinema construction and development strategies to enhance the scale, quality, and profitability of its direct-operated cinemas [3] - Wanda Film plans to adjust its cinema development strategy based on market conditions, with a goal to open 20 to 25 new direct-operated cinemas in 2025 [4] - Companies are focusing on improving operational efficiency and closing underperforming cinemas to mitigate risks [3]

Core Viewpoint - The Chinese film market in 2024 is experiencing a significant downturn, with total box office revenue and audience attendance both declining sharply compared to 2023, leading to substantial losses for major cinema companies [1][2]. Industry Summary - The total box office revenue for the Chinese film market in 2024 is 425.02 billion (including service fees), a decrease of 22.6% year-on-year. Audience attendance is 1.01 billion, down 22.3% from the previous year [1]. - The number of new films released in 2024 is 497, which is 11 fewer than in 2023. There are 72 films that grossed over 100 million, an increase of 2 films, but only 16 films grossed over 500 million, a decrease of 13 films [1]. - A total of 5 cinema companies, including Wanda Film, Hengdian Film, Jinyi Film, Happiness Blue Sea, and Shanghai Film, reported a combined revenue of 16.69 billion, a year-on-year decrease of 17.5%, with a net loss of 1.229 billion, a drastic decline of 202.74% compared to the previous year [1]. Company Performance Summary - Wanda Film leads with a revenue of 12.362 billion, contributing approximately 74.1% to the total revenue of the 5 companies, but experienced a year-on-year decline of 15.44%. Its net loss is 940 million, a reversal from a profit of 912 million the previous year, marking a 203.05% decline [3][4]. - Happiness Blue Sea shows the largest revenue drop of 40.53%, with total revenue of 654 million. It is the only company to continue reporting losses, with a net loss of 192 million, an increase of 772.98% compared to the previous year [3][4]. - Shanghai Film is the only company maintaining profitability, with a net profit of 90 million, although this represents a year-on-year decrease of 29.08% [4]. Revenue Breakdown - For Wanda Film, box office revenue is 6.687 billion, down 20.82%, accounting for 54.09% of total revenue, a decrease of 3.67 percentage points from 2023. Other companies follow with varying revenue declines [5]. - Non-ticket revenue for Wanda Film from merchandise and advertising is 1.545 billion and 1.278 billion, respectively, contributing about 23% to total revenue. The other four companies have revenue in the million range, which has a limited impact on overall performance [5][6]. Profitability Metrics - In terms of gross margin, Jinyi Film is the only company with a positive gross margin from film screening at 2.78%, while the others report negative margins, with Happiness Blue Sea at -17.62% [7]. - The overall gross margin for the five companies is positive, with Shanghai Film and Wanda Film exceeding 20%. However, Hengdian Film and Happiness Blue Sea are at the bottom with margins of 3.06% and 3.21%, respectively [8]. - Only Shanghai Film has a positive net margin, while the other four companies report negative margins, with Happiness Blue Sea at -29.61%, the lowest among them [8]. Cost and Expense Analysis - Happiness Blue Sea's asset impairment and credit impairment losses have significantly increased, contributing to its poor net margin. Its expense ratio is the highest among the five companies at 26.77%, up about 10 percentage points year-on-year [9].

广东省深圳市福田区深南大道 1006 号深圳国际创新中心 A 座 3、4、12 层（518026） 3/F, 4/F, 12/F, Block A, Shenzhen International Innovation Center, No.1006, Shennan Boulevard, Futian District,Shenzhen 518026, P. R. China Tel: +86 755-2622 4888/4999 Fax: +86 755-2622 4111/4200 北京大成（深圳）律师事务所 关于广州金逸影视传媒股份有限公司 2024 年年度股东大会 之 法律意见书 北 京 大 成 （ 深 圳 ） 律 师 事 务 所 二〇二五年五月 北京大成（深圳）律师事务所 法律意见书 北京大成（深圳）律师事务所 关于广州金逸影视传媒股份有限公司 2024 年年度股东大会之 法律意见书 致：广州金逸影视传媒股份有限公司 北京大成（深圳）律师事务所（以下简称"本所"）接受广州金逸影视传媒 股份有限公司（以下简称"公司"）的委托，指派律师出席公司 2024 年年度股 东大会（以下简称"本次股东大会"），并 ...

证券代码：002905 证券简称：金逸影视 公告编号：2025-020 2024 年年度股东大会决议公告 广州金逸影视传媒股份有限公司 2024 年年度股东大会决议公告 本公司及董事会全体人员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 特别提示： 1.本次股东大会未出现否决提案。 2.本次股东大会未涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）召开情况 1.会议召开时间： （1）现场会议召开时间：2025年5月13日（星期二）下午14:00； （2）网络投票时间：2025年5月13日 ①通过深圳证券交易所交易系统进行网络投票的具体时间为 2025 年 5 月 13 日 09:15 至 09:25、09:30 至 11:30、13:00 至 15:00； ②通过深圳证券交易所互联网投票系统进行网络投票的具体时间为 2025 年 5 月 13 日 9:15-15:00 期间的任意时间。 2.会议召开方式：采取现场投票与网络投票相结合的方式。 3.会议召开地点：广东省广州市天河区天河北路468号嘉逸国际酒店七楼M6 会议室。 4.会议召集人：公司董事会 5.会议 ...

Core Insights - The Chinese film market experienced a significant boost in Q1 2025, driven by strong performances during the Spring Festival, particularly from the film "Nezha 2" [1][3] - However, after February, the market faced a sharp decline, with poor performance in subsequent months, raising concerns about future earnings [2][5] Financial Performance - Hengdian Film's Q1 revenue increased by 39.15% to 1.172 billion yuan, with net profit up 110.35% to 325 million yuan [1] - Happiness Blue Sea reported a 40.4% revenue increase to 332 million yuan, with net profit soaring by 2817.87% to 68.44 million yuan [1] - Wanda Film's Q1 revenue grew by 23.33% to 4.709 billion yuan, with net profit increasing by 165.72% to 816 million yuan [2] Market Trends - The overall box office for the Chinese film market in Q1 2025 reached 24.39 billion yuan, a 49.1% year-on-year increase, with 520 million admissions, up 43% [3] - The market saw a significant drop in box office revenue in March and April, with declines of 31% and 46.5% respectively [3][4] Cinema Operations - The number of new cinemas opened in January 2025 was 329, but this dropped dramatically to 17 in February, indicating a slowdown in cinema construction [4] - The performance of special effect theaters improved, with their box office contribution rising significantly during Q1 2025, largely due to "Nezha 2" [6][8] Audience Engagement - IMAX theaters saw a notable increase in ticket sales, with a year-on-year growth of 218.1% and 259.4% in January and February respectively [8] - The demand for high-quality cinematic experiences remains strong, as evidenced by the popularity of IMAX screenings of "Nezha 2" [7][8] Future Outlook - The film industry anticipates an increase in blockbuster releases in 2025, with several high-profile films expected to be released, potentially revitalizing the market [9]

证券代码：002905 证券简称：金逸影视 广州金逸影视传媒股份有限公司投资者关系活动记录表 编号：2025-001 | 投资者关系活动 类别 | ☐特定对象调研 ☐分析师会议 | | --- | --- | | | ☐媒体采访 业绩说明会 | | | ☐新闻发布会 ☐路演活动 | | | ☐现场参观 | | | ☐其他（请文字说明其他活动内容） | | 活动参与人员 | 线上参与公司2024年度网上业绩说明会的投资者 | | 时间 | 2025年05月09日（周五） 下午15:00-17:00 | | 地点 | 价值在线（https://www.ir-online.cn/） | | 形式 | 公司通过价值在线（https://www.ir-online.cn/）采用网络互动的 | | | 方式 | | | 1.董事、总经理：李晓东先生 2.董事、副总经理、董事会秘书：许斌彪先生 | | 上市公司接待人 | | | 员姓名 | 3.独立董事：修宗峰先生 | | | 4.财务总监：曾凡清先生 投资者提出的问题及公司回复情况 | | | 公司就投资者在本次说明会中提出的问题进行了回复： | | 交流内容及具体 ...