证券代码：300027 证券简称：华谊兄弟 公告编号：2025-033 华谊兄弟传媒股份有限公司 关于担保进展的公告 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。 特别风险提示： 截至公告日，公司及控股子公司提供担保总额超过最近一期经审计净资产 100%、且对资产负债率超过70%的单位担保金额超过公司最近一期经审计净资产 50%。敬请投资者充分关注担保风险。 一、担保进展情况概述 1、本次担保的具体情况 近日华谊兄弟传媒股份有限公司（以下简称"公司"）全资子公司浙江华谊 兄弟影业投资有限公司（以下简称"浙江影业"）与公司全资子公司华谊兄弟电 影有限公司（以下简称"华谊电影"）、北京春风正好文化传媒有限公司签署了 《应收账款质押协议》，浙江影业以对一部影视剧应收账款债权及其他相关债权 为华谊电影的债务提供应收账款质押担保，具体内容以合同中约定为准。 根据公司2024年年度股东大会审议通过的《关于公司及子公司2025年度申请 综合授信及融资额度、担保额度暨关联担保的议案》，本次申请新增担保事项在 公司担保额度预计范围内，故本事项不需要另行召开股东大会或董事会审议 ...

| 非经营性资 | | 占用方与上 市公司的关 | 上市公司核算 | 2025年期初 占用资金余 | 2025年上半年 占用累计发生 | 2025年上半年 占用资金的利 | 2025年上半 年偿还累计 | 2025年期末占 | 占用形 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 金占用 | 资金占用方名称 | 联关系 | 的会计科目 | 额 | 金额（不含利 息） | 息（如有） | 发生金额 | 用资金余额 | 成原因 | 占用性质 | | 控股股东、 | | | | | | | | | | 非经营性占用 | | 实际控制人 | | | | | | | | | | | | 及其附属企 | | | | | | | | | | 非经营性占用 | | 业 | | | | | | | | | | | | 小计 | - | - | - | | | | | | | - | | 前控股股东 | | | | | | | | | | 非经营性占用 | | 、实际控制 人及其附属 | | | | | | | | | | 非经 ...

证券代码：300027 证券简称：华谊兄弟 公告编号：2025-031 特此公告。 二〇二五年八月二十九日 一、审议通过《华谊兄弟传媒股份有限公司2025年半年度报告（全文及摘要）》 监事会认为：公司 2025 年半年度报告及其摘要的编制和审核程序符合法律、 行政法规和中国证监会的规定，报告内容真实、准确、完整地反映了公司的实际 情况，不存在任何虚假记载、误导性陈述或重大遗漏。 本议案具体内容详见刊登于中国证监会指定信息披露网站的《华谊兄弟传媒 股份有限公司2025年半年度报告（全文及摘要）》。 本议案以 3 票同意，0 票反对，0 票弃权，获得通过。 华谊兄弟传媒股份有限公司监事会 华谊兄弟传媒股份有限公司 第六届监事会第 14 次会议决议公告 | 本公司及监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 | 华谊兄弟传媒股份有限公司（以下简称"公司"）第六届监事会第 14 次会议 于 2025 年 8 月 29 日在北京市朝阳门外大街 18 号丰联广场 B 座 9 层会议室以现 场和通讯相结合的方式召开，会议通知于 2025 年 8 月 18 ...

证券代码：300027 证券简称：华谊兄弟 公告编号：2025-030 华谊兄弟传媒股份有限公司（以下简称"公司"）第六届董事会第31次会议 于2025年8月29日在北京市朝阳门外大街18号丰联广场B座9层会议室以现场和通 讯相结合的方式召开，会议通知于2025年8月18日以电话、通讯、书面等形式发 出。会议应参加董事9人，实际参加董事9人。本次会议召开符合《公司法》和《公 司章程》的有关规定。本次会议由董事长王忠军先生主持，与会董事认真审议， 形成如下决议： 一、审议通过《华谊兄弟传媒股份有限公司2025年半年度报告（全文及摘 要）》 董事会编制和审核的公司2025年半年度报告及其摘要的程序符合法律、行政 法规和中国证监会的有关规定，报告内容真实、准确、完整地反映了公司2025 年半年度的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 华谊兄弟传媒股份有限公司 本议案具体内容详见刊登于中国证监会指定信息披露网站的《华谊兄弟传媒 股份有限公司2025年半年度报告（全文及摘要）》。 第六届董事会第 31 次会议决议公告 本议案以9票同意，0票反对，0票弃权，获得通过。 华谊兄弟传媒股份有限公司董事会 本 ...

Item 1 Important Notice, Table of Contents and Definitions This section provides crucial disclaimers, outlines the report's structure, lists reference documents, and defines key terms for consistent understanding. [Important Notice](index=2&type=section&id=Important%20Notice) The Board, Supervisory Board, and senior management guarantee the report's accuracy, while the company's leadership confirms the financial statements' integrity, with no planned dividends or bonus shares. - The company's Board of Directors, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report, assuming individual and joint legal responsibility for any misrepresentations or omissions[5](index=5&type=chunk) - Chairman Wang Zhongjun, Chief Accountant Wang Tianyuan, and Head of Accounting Department Wang Tianyuan declare that the financial report in this semi-annual report is true, accurate, and complete[6](index=6&type=chunk) - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital[10](index=10&type=chunk) [Table of Contents](index=4&type=section&id=Table%20of%20Contents) This section lists the report's eight main chapters and their starting page numbers, guiding investors to specific content. - The report's table of contents clearly lists eight main chapters, including important notices, company profile, management discussion and analysis, corporate governance, significant matters, share changes, bond information, and financial reports[12](index=12&type=chunk) [Reference Documents](index=5&type=section&id=Reference%20Documents) This section specifies the list of reference documents, including the chairman's signed report, financial statements, and other disclosures, available at the company's board office. - Reference documents include the original 2025 semi-annual report signed by Chairman Wang Zhongjun[14](index=14&type=chunk) - Reference documents are available at the company's Board of Directors Office[15](index=15&type=chunk) [Definitions](index=6&type=section&id=Definitions) This section defines common terms used in the report, such as "Huayi Brothers" and "reporting period," ensuring consistent understanding. - "Reporting Period" refers to January-June 2025[17](index=17&type=chunk) - "Prior Period" refers to January-June 2024[17](index=17&type=chunk) Item 2 Company Profile and Key Financial Indicators This section provides an overview of the company's fundamental information and presents key financial performance metrics and indicators for the reporting period. [1. Company Profile](index=7&type=section&id=1.%20Company%20Profile) This section details Huayi Brothers Media Corporation's basic information, including stock details and legal representative, noting no changes in contact or registration details from the 2024 annual report. Company Profile | Stock Abbreviation | Huayi Brothers | | :--- | :--- | | Stock Code | 300027 | | Stock Exchange | Shenzhen Stock Exchange | | Company's Chinese Name | Huayi Brothers Media Corporation | | Legal Representative | Wang Zhongjun | - The company's registered address, office address, postal code, website, and email address remained unchanged during the reporting period, as detailed in the 2024 annual report[21](index=21&type=chunk) [4. Key Accounting Data and Financial Indicators](index=8&type=section&id=4.%20Key%20Accounting%20Data%20and%20Financial%20Indicators) During the reporting period, the company's operating revenue significantly decreased by **50.37%**, with net profit attributable to shareholders turning to a loss, declining by **401.15%**. Key Accounting Data and Financial Indicators | Indicator | Current Reporting Period | Prior Period | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue (CNY) | 152,855,483.18 | 308,013,637.45 | -50.37% | | Net Profit Attributable to Shareholders (CNY) | -74,436,792.83 | 24,717,275.24 | -401.15% | | Net Profit Attributable to Shareholders Excluding Non-Recurring Gains and Losses (CNY) | -112,168,990.33 | 18,765,274.17 | -697.75% | | Net Cash Flow from Operating Activities (CNY) | -29,086,158.80 | -44,494,602.49 | 34.63% | | Basic Earnings Per Share (CNY/share) | -0.03 | 0.01 | -400.00% | | Diluted Earnings Per Share (CNY/share) | -0.03 | 0.01 | -400.00% | | Weighted Average Return on Net Assets | -22.03% | 3.60% | -25.63% | | **As of Current Reporting Period End** | **As of Prior Year End** | **YoY Change as of Current Reporting Period End** | | | Total Assets (CNY) | 2,701,506,328.19 | 3,034,373,817.85 | -10.97% | | Net Assets Attributable to Shareholders (CNY) | 300,608,342.76 | 361,484,995.09 | -16.84% | [5. Differences in Accounting Data Under Domestic and Overseas Accounting Standards](index=8&type=section&id=5.%20Differences%20in%20Accounting%20Data%20Under%20Domestic%20and%20Overseas%20Accounting%20Standards) The company's financial reports show no differences in net profit and net assets between international/overseas accounting standards and Chinese accounting standards. - The company's financial reports for the reporting period show no differences in net profit and net assets when disclosed under International Accounting Standards versus Chinese Accounting Standards[26](index=26&type=chunk) - The company's financial reports for the reporting period show no differences in net profit and net assets when disclosed under overseas accounting standards versus Chinese Accounting Standards[28](index=28&type=chunk) [6. Non-Recurring Gains and Losses Items and Amounts](index=9&type=section&id=6.%20Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) This section details non-recurring gains and losses, totaling **CNY 37.73 million**, primarily from asset disposals, government grants, and fair value changes. Non-Recurring Gains and Losses Items and Amounts | Item | Amount (CNY) | | :--- | :--- | | Gains or losses from disposal of non-current assets (including the write-off portion of asset impairment provisions) | 2,265,510.20 | | Government grants recognized in current profit or loss (excluding government grants closely related to the company's normal business operations, compliant with national policies, enjoyed according to fixed standards, and having a continuous impact on the company's profit or loss) | 6,659,396.71 | | Fair value changes and disposal gains/losses from financial assets and liabilities held by non-financial enterprises, excluding effective hedge accounting related to normal business operations | 34,002,133.16 | | Other non-operating income and expenses apart from the above items | -4,231,026.98 | | Subtotal | 38,696,013.09 | | Less: Income tax impact | 912,060.43 | | Minority interest impact (after tax) | 51,755.16 | | **Total** | **37,732,197.50** | Item 3 Management Discussion and Analysis This section provides an in-depth review of the company's operations, strategic initiatives, financial performance, and risk management during the reporting period. [1. Company's Main Businesses During the Reporting Period](index=10&type=section&id=1.%20Company's%20Main%20Businesses%20During%20the%20Reporting%20Period) The company continued its "film production + IP operation" light-asset model, focusing on high-quality content, IP value chain integration, cultural tourism, and asset optimization. - The company continues to focus its quality resources on the "film production + IP operation" light-asset business model to accelerate its return to healthy development[33](index=33&type=chunk) - In film, "Sunshine Flower" directed by Feng Xiaogang and starring Zhao Liying was released on April 4, 2025; "Breakup Checklist" directed by Tian Yusheng and starring Ou Hao, Zeng Mengxue was released on June 14, 2025; "Lychees in Chang'an" directed by Dapeng and starring Dapeng, Bai Ke, Zhuang Dafie was released on July 18, 2025[35](index=35&type=chunk) - In TV series, several dramas and web series, such as "Jiang Song" (launched April 28, 2025) and "Parrot" (launched June 28, 2025), are steadily progressing[36](index=36&type=chunk) - For short dramas, the company officially launched the "Huayi Brothers Fire Drama" brand, with several short dramas already online and AI film production underway[38](index=38&type=chunk) - As of the end of the reporting period, the company operates **27 cinemas**[39](index=39&type=chunk) - The company optimized its assets by disposing of some equity investments to better support its main business development strategy, aligning with market conditions and industry cycles[43](index=43&type=chunk) [(3) Company Development Strategy](index=12&type=section&id=(3)%20Company%20Development%20Strategy) The company pursues "Strong Core," "Grand Entertainment Ecosystem," and "Globalization" strategies, aiming to become a world-class entertainment group rooted in Chinese culture. - The company adheres to three development strategies: "Strong Core" (producing high-quality original content), "Grand Entertainment Ecosystem" (IP integration, derivation, and operation to empower new consumption scenarios), and "Globalization" (creating global film and television works with Chinese culture at their core)[44](index=44&type=chunk) - The company is committed to becoming a world-class entertainment group with Chinese heritage, delivering exciting entertainment content and products to a global audience[45](index=45&type=chunk) [(4) Implementation of Company's Operating Plan for 2025](index=

Core Viewpoint - Huayi Brothers' stock price has shown volatility, with a recent decline despite a year-to-date increase, indicating potential market concerns and investor behavior [1][2]. Financial Performance - As of March 31, 2025, Huayi Brothers reported a revenue of 1.06 billion yuan, representing a year-on-year growth of 11.26%, and a net profit attributable to shareholders of 19.76 million yuan, which is a significant increase of 206.48% compared to the previous year [2]. - The company has cumulatively distributed 850 million yuan in dividends since its A-share listing, but has not issued any dividends in the past three years [3]. Stock Market Activity - On August 29, 2023, Huayi Brothers' stock price fell by 2.14% to 2.75 yuan per share, with a trading volume of 211 million yuan and a turnover rate of 3.05%, leading to a total market capitalization of 7.63 billion yuan [1]. - The stock has experienced a year-to-date increase of 4.96%, but has declined by 5.17% over the last five trading days and by 1.43% over the last 20 days, while showing a 10.89% increase over the last 60 days [1]. Shareholder Structure - As of March 31, 2025, the number of Huayi Brothers' shareholders increased to 104,700, with an average of 23,722 shares held per shareholder, a decrease of 3.64% from the previous period [2]. - Major shareholders include Southern CSI 1000 ETF, which holds 20.78 million shares, and Hong Kong Central Clearing Limited, holding 16.20 million shares, both of which have seen a reduction in their holdings [3].

Market Overview - The film and theater sector experienced a decline of 3.24% on August 27, with Bona Film Group leading the drop [1] - The Shanghai Composite Index closed at 3800.35, down 1.76%, while the Shenzhen Component Index closed at 12295.07, down 1.43% [1] Individual Stock Performance - Bona Film Group's stock price fell by 6.83% to 5.73, with a trading volume of 1.77 million shares and a transaction value of 1.10 billion [2] - Other notable declines include Light Media down 5.49% to 19.80, and Golden Screen Cinemas down 4.80% to 9.53 [2] - The highest closing price in the sector was Shanghai Film at 31.04, down 3.96% [2] Capital Flow Analysis - The film and theater sector saw a net outflow of 723 million from institutional investors, while retail investors contributed a net inflow of 542 million [2][3] - The data indicates that retail investors are more active in the sector, with a net inflow of 542 million, compared to the outflow from institutional investors [2][3] Stock-Specific Capital Flow - For individual stocks, Jiecheng Co. saw a net inflow of 86.49 million from retail investors, while it experienced a net outflow of 54.72 million from institutional investors [3] - Wanda Film had a net outflow of 5.80 million from institutional investors but a net inflow of 27.57 million from retail investors [3] - The overall trend shows that while institutional investors are pulling back, retail investors are stepping in to buy [3]

Company Overview - Huayi Brothers' stock price closed at 2.94 yuan on August 25, 2025, reflecting a 1.38% increase from the previous trading day [1] - The trading volume on that day reached 481 million yuan, with a turnover rate of 6.61% [1] - The company is a well-known comprehensive entertainment group in China, with main businesses including film production, artist management, and cinema operations [1] Financial Performance - On August 25, the net inflow of main funds was 7.0932 million yuan, with a cumulative net inflow of 9.2739 million yuan over the past five days [1] Industry Context - Huayi Brothers operates within the cultural media sector, which encompasses various entertainment-related activities [1] - The company has responded to investor inquiries, stating that it has not yet invested in the game "Black Myth: Wukong" [1]

Group 1 - The stock price of Huayi Brothers closed at 2.95 yuan on August 21, down 1.99% from the previous trading day [1] - The company operates in the cultural media industry, focusing on film production, distribution, and artist management [1] - Huayi Brothers is one of the earliest established private film companies in China and has participated in the production of several well-known films [1] Group 2 - On August 21, the net inflow of main funds was 37.89 million yuan, with a cumulative net inflow of 33.54 million yuan over the past five days [1] - The stock experienced a rapid rebound, reaching a price of 3.04 yuan at 9:36 AM, with a more than 2% increase within five minutes and a transaction amount of 138 million yuan [1]

Market Overview - On August 21, the film and cinema sector rose by 0.13% compared to the previous trading day, with Bona Film Group leading the gains [1] - The Shanghai Composite Index closed at 3771.1, up 0.13%, while the Shenzhen Component Index closed at 11919.76, down 0.06% [1] Individual Stock Performance - Bona Film Group (001330) closed at 5.05, up 2.85% with a trading volume of 500,400 shares and a turnover of 252 million yuan [1] - Light Media (300251) closed at 20.06, up 1.67% with a trading volume of 970,400 shares and a turnover of 1.94 billion yuan [1] - China Film (600977) closed at 13.04, up 1.64% with a trading volume of 354,500 shares and a turnover of 460 million yuan [1] - Other notable performers include Zhongshi Media (600088) at 17.55, up 1.50%, and Jinyi Film (002905) at 9.95, up 1.22% [1] Capital Flow Analysis - The film and cinema sector experienced a net outflow of 82.57 million yuan from institutional investors, while retail investors saw a net inflow of 34.26 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors are more active [2] Detailed Capital Flow by Company - Light Media (300251) had a net outflow of 48.54 million yuan from institutional investors, while retail investors contributed a net inflow of 1.07 million yuan [3] - Huayi Brothers (300027) saw a net inflow of 37.89 million yuan from institutional investors, but a net outflow of 30.36 million yuan from retail investors [3] - China Film (600977) had a net inflow of 16.14 million yuan from institutional investors, while retail investors experienced a net outflow of 25.54 million yuan [3] - Bona Film Group (001330) had a net inflow of 10.25 million yuan from institutional investors, but also saw a net outflow from retail investors [3]