Core Insights - Light Media has shown impressive performance in Q1 2025, with significant revenue and profit growth driven by the success of the film "Nezha: The Devil's Child" which grossed 15.44 billion yuan globally, ranking fifth in worldwide box office [1] - The company's Q1 2025 revenue reached 2.975 billion yuan, a year-on-year increase of 177.87%, while net profit attributable to shareholders was 2.016 billion yuan, reflecting a substantial year-on-year growth of 374.79% [1] - The net profit for Q1 2025 is already ten times the total net profit of 292 million yuan for the entire year of 2024 [1] Revenue Breakdown - In 2024, the total revenue was approximately 1.586 billion yuan, showing a slight increase of 2.58% compared to 2023 [2] - The film and related derivative business accounted for 71.2% of total revenue in 2024, although it saw a decline of 12.22% compared to the previous year [2] - The agency and other businesses also experienced a decrease in revenue share, dropping by 15.27% [2] Industry Context - The chairman of Light Media, Wang Changtian, highlighted the unfavorable revenue-sharing model for producers in the Chinese film industry during the 27th Shanghai International Film Festival, advocating for a reallocation of profits to benefit producers more [3]

Meeting Information - The first extraordinary general meeting of shareholders for 2025 will be held on August 6, 2025, at 15:00 [1] - Network voting will be available on the same day from 9:15 [1] Shareholder Rights - All shareholders registered by the close of trading on the record date are entitled to attend and vote at the meeting [1][2] - Special resolutions require approval from at least two-thirds of the voting rights held by attending shareholders [2] Registration Process - Individual shareholders must present identification, proof of shareholding, and shareholder account card for registration [2][3] - Legal representatives of corporate shareholders must provide additional documentation, including a copy of the business license and authorization letter [3] Voting Procedures - Shareholders can vote via the Shenzhen Stock Exchange trading system and internet voting system [4][6] - Specific voting instructions and procedures are detailed in the attachments provided [4][6] Documentation - The company will disclose the results of the voting separately for minority investors [2] - Relevant documents and announcements regarding the meeting are available on the designated information disclosure website [2]

北京光线传媒股份有限公司 证券代码：300251 证券简称：光线传媒 公告编号：2025-040 北京光线传媒股份有限公司 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。 北京光线传媒股份有限公司（以下简称"公司"）于 2025 年 7 月 21 日召开了 第六届董事会第九次会议，审议通过了《关于减少注册资本暨修订 <公司章程> 的议案》。本议案尚需提交公司股东大会审议。现将相关情况公告如下： 一、减少注册资本情况 公司于 2025 年 7 月 21 日召开了第六届董事会第九次会议及第六届监事会第 八次会议，审议通过了《关于注销公司回购专用证券账户股份的议案》，具体内 容详见公司于 2025 年 7 月 22 日在巨潮资讯网上披露的《关于注销公司回购专用 证券账户股份的公告》 （公告编号：2025-039） 。公司回购专用证券账户股份注销 完成后，公司总股本将由 2,933,608,432 股减少至 2,933,588,432 股，注册资本将 由人民币 2,933,608,432 元减少至人民币 2,933,588,432 元，公司将修订《公司章 程》中的相应 ...

Core Points - The company is Beijing Enlight Media Co., Ltd, established through the transformation of Beijing Enlight Media Ltd, with a registered capital of RMB 2,933,588,432 [1] - The company was approved by the China Securities Regulatory Commission for its initial public offering of 27.4 million shares on July 14, 2011, and listed on the Shenzhen Stock Exchange on August 3, 2011 [1] - The company's business scope includes film and television production, distribution, and other related services, aiming to enhance its position as a leading enterprise in the Chinese media and entertainment industry [1][2] Company Structure - The company is a permanent joint-stock company, with all assets divided into equal shares, and shareholders are liable only to the extent of their subscribed shares [1] - The company has a total of 2,933,588,432 shares, all of which are ordinary shares [3] - The founding shareholders include Shanghai Enlight Investment Holdings Co., Ltd and 45 individual investors, with a total of 78,772,500 shares issued at a par value of RMB 1 per share [2][3] Share Issuance and Management - The company follows principles of openness, fairness, and justice in its share issuance, ensuring equal rights for all shares of the same type [3] - The company can increase its capital through various methods, including public offerings, private placements, and stock dividends, subject to shareholder approval [3] - The company is prohibited from repurchasing its own shares except under specific circumstances, such as capital reduction or mergers [3] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, voting, and participation in company decisions, as well as obligations to comply with laws and the company's articles of association [6][7] - Shareholders holding more than 5% of voting shares must report any pledges of their shares to the company [9] - The company must hold annual and extraordinary shareholder meetings, with specific procedures for proposals and voting [42][48] Governance and Compliance - The company is required to establish a board of directors and a supervisory board, with independent directors having the right to propose extraordinary meetings [48][49] - The company must ensure that all shareholder meetings are conducted in accordance with legal and regulatory requirements, with proper documentation and transparency [60][61] - Shareholder resolutions can be classified as ordinary or special, with different voting thresholds required for approval [77][79]

Core Viewpoint - The legal opinion letter from Shanghai Junlan Law Firm confirms that Beijing Light Media Co., Ltd. has made adjustments to its 2023 restricted stock incentive plan, including changes to the grant price and conditions for the second vesting period, in compliance with relevant regulations [1][7]. Summary of Adjustments and Vesting Conditions - The adjustments to the incentive plan were approved by the board of directors and do not require further shareholder approval, as per the authorization from the shareholders' meeting [4][6]. - The adjusted grant price for the restricted stock is set at 4.01 yuan per share, following the company's annual equity distribution plan [5][6]. - The second vesting period for the restricted stock is defined as the period from the first trading day after 24 months from the grant date until the last trading day within 36 months from the grant date [6]. Performance Assessment Criteria - The vesting conditions include both company-level and individual-level performance metrics, with specific targets for revenue and net profit for the year 2024 [6]. - Company-level performance targets are set at 1.56 billion yuan for revenue and 520 million yuan for net profit, with corresponding thresholds for vesting [6]. - Individual performance assessments will determine the final number of shares that can vest, with 26 individuals qualifying for vesting based on their performance evaluations [6]. Compliance and Disclosure - The company has fulfilled its current disclosure obligations as required by the Management Measures, Listing Rules, and Regulatory Guidelines, and will continue to meet future disclosure requirements [7].

北京光线传媒股份有限公司 证券代码：300251 证券简称：光线传媒 公告编号：2025-039 北京光线传媒股份有限公司 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。 北京光线传媒股份有限公司（以下简称"公司"）于 2025 年 7 月 21 日分别召 开第六届董事会第九次会议和第六届监事会第八次会议，审议通过《关于注销公 司回购专用证券账户股份的议案》，现将有关事项公告如下： 一、回购股份概述 公司于 2022 年 3 月 25 日召开第五届董事会第七次会议，审议通过了《关于 公司回购股份方案的议案》，同意公司使用自有资金以集中竞价交易方式回购公 司股份用于实施员工持股计划或股权激励。本次回购总金额不低于人民币 7,500 万元且不超过人民币 15,000 万元。 公司于 2022 年 3 月 31 日首次通过回购专用证券账户以集中竞价交易方式 实施回购，具体内容详见公司于 2022 年 4 月 1 日在巨潮资讯网上披露的《关于 首次回购股份暨回购股份进展情况的公告》（公告编号：2022-017）。 回购期间，公司按规定在每个月的前三个交易日内披露截至上 ...

北京光线传媒股份有限公司 关于注销公司回购专用证券账户股份的公告 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。 北京光线传媒股份有限公司（以下简称"公司"）于 2025 年 7 月 21 日分别召 开第六届董事会第九次会议和第六届监事会第八次会议，审议通过《关于注销公 司回购专用证券账户股份的议案》，现将有关事项公告如下： 一、回购股份概述 公司于 2022 年 3 月 25 日召开第五届董事会第七次会议，审议通过了《关于 公司回购股份方案的议案》，同意公司使用自有资金以集中竞价交易方式回购公 司股份用于实施员工持股计划或股权激励。本次回购总金额不低于人民币 7,500 万元且不超过人民币 15,000 万元。 公司于 2022 年 3 月 31 日首次通过回购专用证券账户以集中竞价交易方式 实施回购，具体内容详见公司于 2022 年 4 月 1 日在巨潮资讯网上披露的《关于 首次回购股份暨回购股份进展情况的公告》（公告编号：2022-017）。 回购期间，公司按规定在每个月的前三个交易日内披露截至上月末的回购进 展情况，具体内容详见公司于 2022 年 4 ...

北京光线传媒股份有限公司 北京光线传媒股份有限公司 证券代码：300251 证券简称：光线传媒 公告编号：2025-037 关于调整 2023 年限制性股票激励计划相关事项的公告 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。 北京光线传媒股份有限公司（以下简称"公司"）于 2025 年 7 月 21 日分别 召开第六届董事会第九次会议和第六届监事会第八次会议，审议通过《关于调整 2023 年限制性股票激励计划相关事项的议案》，现将有关事项公告如下： 一、本激励计划已履行的必要程序 1. 2023 年 8 月 17 日，公司召开第五届董事会第十四次会议，审议通过《关 于<2023 年限制性股票激励计划（草案）>及摘要的议案》《关于<2023 年限制性 股票激励计划考核管理办法>的议案》《关于提请股东大会授权董事会办理 2023 年限制性股票激励计划相关事项的议案》《关于召开公司 2023 年第二次临时股 东大会的议案》。公司独立董事发表了独立意见。 2. 2023 年 8 月 17 日，公司召开第五届监事会第十二次会议，审议通过《关 于<2023 年限制性股票 ...

关于 2023 年限制性股票激励计划 第二个归属期归属条件成就的公告 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。 证券代码：300251 证券简称：光线传媒 公告编号：2025-038 北京光线传媒股份有限公司 北京光线传媒股份有限公司 重要内容提示： 1. 第二个归属期限制性股票拟归属数量：9,853,788 股； 2. 归属股票来源：公司前期自二级市场以集中竞价交易方式已回购的公司A 股普通股。 北京光线传媒股份有限公司（以下简称"公司"）2023 年限制性股票激励计划 （以下简称"本激励计划"）规定的第二个归属期归属条件已经成就，根据公司 2023 年第二次临时股东大会的授权，公司于 2025 年 7 月 21 日分别召开第六届 董事会第九次会议和第六届监事会第八次会议，审议通过《关于 2023 年限制性 股票激励计划第二个归属期归属条件成就的议案》，现将有关事项公告如下： 一、本激励计划实施情况概要 （一）本激励计划简介 公司分别于 2023 年 8 月 17 日、2023 年 9 月 4 日召开第五届董事会第十四 次会议、2023 年第二次临时股 ...

上海君澜律师事务所 关于 北京光线传媒股份有限公司 调整 2023 年限制性股票激励计划授予价格及 第二个归属期归属条件成就 之 法律意见书 二〇二五年七月 上海君澜律师事务所 法律意见书 2 上海君澜律师事务所 关于北京光线传媒股份有限公司 调整 2023 年限制性股票激励计划授予价格及 第二个归属期归属条件成就之 法律意见书 致：北京光线传媒股份有限公司 上海君澜律师事务所（以下简称"本所"）接受北京光线传媒股份有限公 司（以下简称"公司"或"光线传媒"）的委托，根据《上市公司股权激励管 理办法》（以下简称"《管理办法》"）《深圳证券交易所创业板股票上市规 则》（以下简称"《上市规则》"）《深圳证券交易所创业板上市公司自律监 管指南第 1 号—业务办理》（以下简称"《监管指南》"）《北京光线传媒股 份有限公司 2023 年限制性股票激励计划（草案）》（以下简称"《激励计划》" 或"本次激励计划"）的规定，就光线传媒调整本次激励计划授予价格及第二 个归属期归属条件成就（以下简称"本次调整及归属"）相关事项出具本法律 意见书。 对本法律意见书，本所律师声明如下： （一）本所律师依据《中华人民共和国证券法》《律 ...