证券代码：300770 证券简称：新媒股份 公告编号：2023-033 广东南方新媒体股份有限公司 第三届董事会第八次会议决议公告 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。 一、董事会会议召开情况 广东南方新媒体股份有限公司（以下简称"公司"）第三届董事会第八次会 议于 2023 年 8 月 18 日以邮件方式发出通知，并于 2023 年 8 月 28 日以通讯表决 方式召开。本次会议应出席会议董事 7 人，实际出席会议董事 7 人。本次会议召 集、召开及审议程序均符合《中华人民共和国公司法》等法律法规和《公司章程》 的有关规定。 二、董事会会议审议情况 1. 审议通过了《关于公司 2023 年半年度报告全文及摘要的议案》 经审议，董事会认为：公司 2023 年半年度报告及摘要真实反映了公司 2023 年半年度的财务状况和经营成果，符合法律、行政法规、中国证监会和深圳证券 交易所的相关规定，报告内容真实、准确、完整，不存在虚假记载、误导性陈述 或者重大遗漏。 具体内容详见公司同日刊载于巨潮资讯网（www.cninfo.com.cn）上的《2023 年半年 ...

证券代码：300770 证券简称：新媒股份 公告编号：2023-039 广东南方新媒体股份有限公司 关于 2023 年半年度利润分配预案的公告 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。 广东南方新媒体股份有限公司（以下简称"公司"）于 2023 年 8 月 28 日召 开第三届董事会第八次会议、第三届监事会第六次会议，会议审议通过了《关于 公司 2023 年半年度利润分配预案的议案》，该事项尚需提交公司 2023 年第二次 临时股东大会审议。 具体情况公告如下： 一、本次利润分配预案基本情况 1. 利润分配预案的具体内容 1. 董事会、监事会审议情况 | | 送红股（股） 派息（元） 公积金转增股本（股） | | --- | --- | | 每十股 | 0 8.00（含税） 0 | | 分配总额 | 2023 年半年度，公司实现归属于上市公司股东的净利润 | | | 元。截至 年 月 日，公司已累计提取法定 329,229,047.10 2023 6 30 | | | 盈余公积金 115,529,073.00 元 ， 合 并 累 计 未 分 配 利 润 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥356,743,477.72, representing a decrease of 8.15% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥170,442,727.10, a slight decline of 0.63% year-over-year[3]. - Total operating revenue for the current period is ¥356,743,477.72, a decrease of 8.1% from ¥388,392,331.43 in the previous period[25]. - The total profit for the period was 171,791,409.71, compared to 172,618,483.23 in the previous period[41]. Cash Flow - The net cash flow from operating activities increased by 8.74% to ¥377,725,521.85 compared to the previous year[3]. - Cash inflow from operating activities totaled ¥716,661,673.78, an increase from ¥642,109,834.49 in the previous period[28]. - Net cash flow from investing activities decreased by 139.71% to -7,573,305.41, primarily due to a higher recovery of fixed deposits over three months in the previous period[34]. - Net cash flow from financing activities decreased by 270.41% to -2,526,830.07, mainly due to an increase in lease liability payments during the period[34]. - Total cash and cash equivalents at the end of the period reached $2.77 billion, up from $2.12 billion year-over-year[45]. - The net increase in cash and cash equivalents for the period was $367.63 million, slightly higher than $365.75 million in the previous year[45]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,818,295,490.09, reflecting a growth of 9.85% from the end of the previous year[3]. - Total current assets rose to ¥4,386,679,348.17, compared to ¥3,929,319,032.26 in the previous period, reflecting a growth of 11.6%[24]. - Total liabilities increased to ¥1,168,449,864.71 from ¥906,668,211.84, marking a rise of 29.0%[25]. - Non-current assets decreased to ¥431,616,141.92 from ¥456,906,229.70, a decline of 5.5%[24]. Equity and Shareholder Information - The total equity attributable to shareholders increased by 4.91% to ¥3,639,251,108.33 compared to the end of the previous year[3]. - The largest shareholder, Guangdong Southern Broadcasting Media Group, holds 38.75% of shares, totaling 89,524,119[34]. - The total number of common shareholders at the end of the reporting period was 20,509[34]. Expenses - The company recorded a decrease in sales expenses by 53.70%, amounting to ¥7,169,055.11, attributed to reduced promotional costs[6]. - Research and development expenses increased to 11,293,618.76, compared to 10,927,412.32 in the previous period[41]. - Cash paid for employee compensation was $42.84 million, compared to $44.25 million last year[45]. Tax and Impairment - The company reported a 244.96% increase in tax and additional fees, totaling ¥3,639,338.92, mainly due to increased VAT payments[6]. - Income tax expenses increased by 70.20% to 1,424,729.87, attributed to an increase in total profits of subsidiaries during the period[34]. - Credit impairment losses increased by 937.70% to -4,495,482.34, primarily due to an increase in accounts receivable at the end of the period[34]. - Asset impairment losses rose by 125.09% to 1,780,711.99, mainly due to a decrease in contract assets at the end of the period[34]. Accounts Receivable and Inventory - Accounts receivable increased significantly by 472.28% to ¥191,626,286.36, primarily due to the inclusion of receivables from the Guangdong IPTV business[6]. - Accounts receivable increased to ¥191,626,286.36 from ¥33,484,776.64, indicating a significant rise in credit sales[24]. - Inventory increased to ¥425,082.26 from ¥281,722.17, showing a rise of 50.8%[24].

Financial Performance - In 2022, the company achieved a revenue of 1.429 billion yuan and a net profit attributable to shareholders of 691 million yuan, maintaining stable growth[3]. - The company's total revenue for 2022 was ¥1,428,647,331.23, representing a 1.39% increase from ¥1,409,053,885.84 in 2021[31]. - The net profit attributable to shareholders for 2022 was ¥691,320,957.20, up 1.70% from ¥679,736,362.64 in the previous year[31]. - Basic earnings per share for 2022 were ¥3.02, a 2.03% increase compared to ¥2.96 in 2021[31]. - The weighted average return on equity (ROE) was 21.36%, indicating strong financial health[3]. - The company reported a total of ¥21,730,477.23 in non-recurring gains and losses for 2022, down from ¥54,257,466.71 in 2021[37]. - The company has maintained a stable financial position despite fluctuations in cash flow and profitability metrics[31]. - The gross profit margin for the information dissemination industry was 53.82%, a decrease of 0.78% from the previous year[73]. User Metrics - As of December 31, 2022, IPTV user count reached 19.85 million, while internet TV product users totaled 238 million[3]. - The IPTV user base in China reached 38.044 million by the end of 2022, with a net increase of 3.192 million users over the year[42]. - The number of effective users for the cloud audio-visual series apps decreased by 3.25% to 238 million by the end of 2022[59]. - User data showed a total of 5 million active users, up 20% compared to the previous year[132]. - User data showed an increase in active users by 20% year-over-year, reaching 10 million active users by the end of 2022[145]. Investment and R&D - The company has accumulated 54 patents and 118 software copyrights by the end of 2022, focusing on innovation in fields such as big data and artificial intelligence[6]. - The company plans to increase investment in content production and explore monetization of content IP, including collaborations on various cultural projects[5]. - The company is committed to enhancing technological innovation and exploring opportunities in emerging technologies like AI and the metaverse[6]. - Research and development expenses increased by 2.40% to ¥47,455,015.65[80]. - The number of R&D personnel increased to 77 in 2022, a growth of 2.67% compared to 75 in 2021[83]. - The company is investing 100 million RMB in R&D for new technologies aimed at improving user engagement[137]. - Investment in new technology development increased by 30%, with a focus on enhancing digital media capabilities and user engagement[194]. Market Expansion and Strategy - The company aims to establish itself as a leading internet new media platform in Guangdong, providing diverse content and services across IPTV, internet TV, and cable TV[49]. - The company aims to expand into new sectors such as children's content, elderly care, and education, leveraging its user base of over 250 million[7]. - The company is expanding its market presence by deepening content cooperation with regional operators and enhancing the "Xiyue TV" brand's influence in the national IPTV market[62]. - The company plans to enhance its IPTV and OTT services by improving content innovation operations and increasing the subscription rate for value-added services[105]. - The company is actively researching and applying big data and AI technologies to enhance operational efficiency and user experience[107]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by the end of 2024[135]. - Market expansion plans include entering three new provinces in China by Q3 2023, targeting a 10% increase in market share[145]. Corporate Governance - The company held 1 annual general meeting and 1 extraordinary general meeting during the reporting period, ensuring compliance with legal requirements and protecting shareholders' rights[116]. - The board of directors convened 8 meetings, consisting of 7 members, including 3 independent directors, ensuring effective governance and decision-making[117]. - The company operates independently from its controlling shareholders in terms of assets, personnel, finance, organization, and business, ensuring no conflicts of interest[119]. - The company has established an independent financial department with a complete accounting system, enabling autonomous financial decision-making[123]. - The company’s governance structure includes a mix of executive and independent directors to ensure oversight[128]. - The company’s board of directors actively contributed to strategic planning and operational decision-making, ensuring sound governance practices[153]. Profit Distribution and Dividends - The company proposed a cash dividend of 13.60 yuan per 10 shares, resulting in a payout ratio of 45.08%[4]. - The total cash dividend distributed was RMB 311,618,036.24, representing 100% of the total profit distribution[166]. - The cash dividend per 10 shares was RMB 13.60, with a total share base of 229,130,909 shares[167]. - The company plans to distribute cash dividends amounting to at least 10% of the distributable profits for the year when the net profit is positive[196]. - The profit distribution plan requires approval from more than 50% of the voting rights at the shareholders' meeting[196]. - The company will ensure that cash dividends do not affect its ongoing operations and future investments[196]. Community Engagement and Corporate Social Responsibility - The company organized over 30 community volunteer service activities, significantly contributing to creating a harmonious and friendly atmosphere in the community[189]. - The company emphasizes employee well-being by organizing annual health check-ups and cultural activities, enhancing employees' sense of happiness and security[188]. - The company supports youth development through initiatives like the "2022 Xiyue TV Cool Kid Dream Camp," providing guidance for young people in the Bay Area[189]. - The company is actively responding to the national rural revitalization strategy, collaborating with industry partners to promote rural revitalization projects, including hosting the "Hundred Towns and Thousand Markets" basketball tournament[190]. - The company utilizes IPTV and OTT platforms to create quality content areas, focusing on telling stories of rural revitalization and providing educational resources[190]. Risk Management - The company is aware of the uncertainties in content copyright investment returns and has implemented evaluation mechanisms to manage these risks[111]. - The company is facing risks related to concentrated revenue sources, particularly from its Guangdong IPTV business, which could impact overall profitability if market conditions change[109]. - The company is subject to strict industry regulations and potential risks from changes in government policies that could affect its operations[108]. - The company has established mechanisms to prevent intellectual property disputes, although risks remain due to the nature of its business[111]. Future Outlook - The company provided a positive outlook for the next quarter, projecting a revenue increase of 10% to 1.32 billion RMB[133]. - The company has set a revenue guidance of 1.8 billion RMB for the fiscal year 2023, indicating a growth target of 20%[145]. - The company aims to launch three new products in 2023, which are expected to contribute an additional 500 million yuan in revenue[194]. - The company plans to enhance its digital marketing efforts, aiming for a 30% increase in online sales[139].

证券代码：300770 证券简称：新媒股份 公告编号：2023-026 广东南方新媒体股份有限公司 关于举行 2022 年度网上业绩说明会的公告 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。 特此公告。 广东南方新媒体股份有限公司 董事会 出席本次说明会的人员有：公司董事长蔡伏青先生，董事、总裁杨德建先生， 高级副总裁、董事会秘书姚军成先生，财务负责人温海荣先生，独立董事张富明 先生。 为充分尊重投资者、提升交流的针对性，现就公司本次年度网上业绩说明会 提前向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于 2023 年 5 月 16 日（星期二）17:00 前访问 http://ir.p5w.net/zj/、或扫描下方二维码进入 问题征集专题页面。公司将在 2022 年度网上业绩说明会上，对投资者普遍关注 的问题进行回答。 欢迎广大投资者积极参与本次网上业绩说明会！ （问题征集专题页面二维码） 1 广东南方新媒体股份有限公司（以下简称"公司"）定于 2023 年 5 月 17 日 （星期三）15:00-17:00 在全景网举办 2022 年度网上 ...

Group 1: Company Overview - The company has accumulated 190 million activated terminal users for its cloud viewing products by the end of 2018 [3] - The company has established a cooperative relationship with Tencent to provide quality viewing services for large-screen users [4] Group 2: Business Performance - In 2018, the company’s IPTV user base increased by approximately 5 million, primarily due to cooperation with Guangdong Mobile [3] - The company’s revenue and profit growth in Q1 were significantly driven by the increase in IPTV and Internet TV business [4] Group 3: Market Trends and Competition - The OTT market is expected to generate 30 billion yuan in advertising revenue by 2020, compared to 2.3 billion yuan in 2017 [3] - The competition between IPTV and DVB is evident, but both have strong compatibility with OTT, indicating a complementary relationship [3] Group 4: Future Developments - The company is focusing on expanding its IPTV and OTT services nationwide, beyond Guangdong Province [4] - The company plans to build a 4K cloud platform to support content creators and reduce production costs [5]

Financial Performance - The company's revenue for Q3 2022 was ¥363,363,762.75, representing a year-over-year increase of 1.84%[5] - Net profit attributable to shareholders decreased by 4.67% to ¥174,773,156.77 for the quarter, and year-to-date net profit decreased by 5.88% to ¥512,685,468.46[5] - The basic earnings per share for Q3 2022 was ¥0.76, down 5.00% compared to the same period last year[5] - Total operating revenue for the period reached ¥1,105,385,765.98, an increase of 8.5% compared to ¥1,014,896,009.60 in the previous period[26] - Net profit for the period was ¥512,602,048.50, a decrease of 5.8% from ¥544,234,988.61 in the same period last year[29] - Earnings per share (EPS) for the period was ¥2.24, down from ¥2.37 in the previous period[29] - The company reported a profit before tax of ¥513,205,216.31, compared to ¥546,857,885.23 in the previous year, reflecting a decline of 6.2%[26] Assets and Liabilities - Total assets increased by 19.95% year-over-year, reaching ¥4,476,592,485.80[5] - The total liabilities increased to ¥1,180,225,694.16 from ¥674,379,437.63, indicating a significant rise in financial obligations[23] - The total equity attributable to shareholders increased by 7.83% to ¥3,289,642,218.53 compared to the end of the previous year[8] - The company has a total of 442,128,280.86 yuan in non-current assets as of September 30, 2022, down from 497,353,010.53 yuan at the beginning of the year[20] Cash Flow - Cash flow from operating activities for the year-to-date was ¥951,045,968.53, reflecting a 4.64% increase compared to the previous year[5] - Operating cash inflow for the current period was approximately $2.25 billion, an increase from $2.13 billion in the previous period, representing a growth of about 5.6%[34] - Net cash flow from operating activities was approximately $951 million, up from $909 million, indicating a growth of about 4.6%[34] - Cash inflow from investment activities totaled approximately $977 million, compared to $667 million in the previous period, marking an increase of about 46.4%[34] - The ending balance of cash and cash equivalents was approximately $2.40 billion, up from $1.81 billion, reflecting an increase of about 32.3%[36] Shareholder Information - The total number of common shareholders at the end of the reporting period is 22,290[13] - Guangdong Southern Broadcasting Media Group Co., Ltd. holds 38.75% of shares, totaling 89,524,119 shares[13] - The number of shares held by the top ten unrestricted shareholders includes 89,524,119 shares by Guangdong Southern Broadcasting Media Group Co., Ltd.[16] Expenses - The company reported a 524.62% increase in management expenses, totaling ¥39,106,981.84, mainly due to the reversal of previously accrued long-term incentive funds[12] - Total operating costs amounted to ¥604,766,185.15, up 24.8% from ¥484,544,231.57 in the prior period[26] - Research and development expenses totaled ¥33,934,571.03, slightly up from ¥32,730,218.38 in the prior period[26] Future Outlook - Future outlook includes potential market expansion and new product development initiatives to drive growth[28] - The company’s cash flow statement indicates a need for improved cash management strategies moving forward[33]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥742,022,003.23, representing a 12.76% increase compared to ¥658,080,835.93 in the same period last year[28]. - The net profit attributable to shareholders of the listed company was ¥337,912,311.69, a decrease of 6.49% from ¥361,366,170.25 in the previous year[28]. - The net cash flow from operating activities was ¥499,060,630.50, showing a 3.53% increase from ¥482,022,986.48 in the same period last year[28]. - The weighted average return on net assets was 10.64%, down 2.38% from 13.02% in the previous year[28]. - The basic earnings per share decreased by 6.37% to ¥1.47 from ¥1.57 in the same period last year[28]. - The net profit after non-recurring gains and losses was ¥324,936,633.48, which is a 2.01% increase from ¥318,543,506.28 in the previous year[28]. - The company achieved a consolidated revenue of 742.02 million yuan, a year-on-year increase of 12.76%[44]. - The net profit attributable to shareholders decreased by 6.49% to 337.91 million yuan, while the net profit after deducting non-recurring gains and losses increased by 2.01% to 324.94 million yuan[44]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,087,281,955.55, up 9.52% from ¥3,731,924,223.97 at the end of the previous year[28]. - The net assets attributable to shareholders of the listed company increased by 2.12% to ¥3,115,350,788.68 from ¥3,050,736,793.27 at the end of the previous year[28]. - Cash and cash equivalents at the end of the reporting period amounted to ¥2,844,662,208.96, accounting for 69.60% of total assets, a decrease of 1.14% compared to the previous year[63]. - Accounts receivable increased by 48.72% to ¥430,058,201.19, representing 10.52% of total assets, primarily due to increased receivables from the IPTV business in Guangdong[63]. - Total liabilities include accounts payable of ¥832,394,522.53, which increased by 6.21% from ¥528,510,003.54, now representing 20.37% of total assets[63]. - Total liabilities increased to ¥965,214,826.72 from ¥674,379,437.63, representing a growth of approximately 43%[200]. - Current liabilities totaled ¥946,862,829.77, up from ¥652,278,378.28, indicating a rise of about 45%[200]. Revenue Streams - The IPTV basic business generated revenue of 374.96 million yuan, a year-on-year growth of 2.20%, with effective users reaching 20.12 million, up 3.82%[46]. - The internet audio-visual business revenue was 292.61 million yuan, a year-on-year increase of 15.84%, with the Guangdong IPTV value-added service revenue at 193.55 million yuan, up 19.54%[47]. - The content copyright business revenue surged by 92.87% to 68.09 million yuan, driven by successful content production and distribution strategies[48]. - The company expanded its smart terminal services, achieving a total of 15.31 million effective smart terminals, a growth of 21%[47]. Investment and R&D - The company's R&D investment was ¥21,996,988.83, showing a slight increase of 2.16% from ¥21,532,568.97 in the previous year[59]. - The company reported a significant increase in investment activities, with net cash flow from investment activities rising by 148.90% to ¥37,618,529.05[59]. - The total investment for the all-media integration cloud platform project has been adjusted from CNY 463.05 million to CNY 409.84 million, with the fundraising scale reduced by CNY 45 million to CNY 379.10 million[1]. - The total investment for the copyright content procurement project has been increased from CNY 651.43 million to CNY 696.43 million, with the fundraising scale adjusted accordingly[1]. Corporate Governance - The company held its annual general meeting on May 20, 2022, with a participation rate of 54.20%[120]. - There were changes in the board of directors, with two new directors elected on May 20, 2022, and two directors resigning on April 13, 2022, due to work-related reasons[121]. - The company has no current plans for stock incentive programs or employee stock ownership plans[123]. - The company has committed to maintaining a stable profit distribution policy, with a minimum cash dividend of 10% of the distributable profit when conditions are met[132]. Risk Management - The company faces risks related to concentrated revenue sources, particularly from Guangdong IPTV, which could impact overall business scale and profitability if market conditions change[2]. - Future tax benefits related to the company's transformation into a corporate entity may be affected by changes in national and local tax policies, potentially increasing tax expenses[2]. - The company has implemented measures to mitigate risks associated with intellectual property disputes by ensuring the legality of copyrights and establishing preventive mechanisms[2]. - The company reported a high uncertainty in the return on investment for content copyrights, particularly in the production of TV dramas and variety shows, due to the unpredictable nature of audience preferences and market demand[116]. Shareholder Information - The company has a total of 231,058,146 shares, with 38.75% (89,524,119 shares) being subject to restrictions prior to the public offering[164]. - Following the lifting of restrictions on 89,524,119 shares, the company now has 2,025 restricted shares remaining, representing 0.00% of total shares[164]. - The controlling shareholder, Guangdong Southern Broadcasting Media Group Co., Ltd., voluntarily extended the lock-up period for its 89,524,119 shares (38.75% of total shares) for an additional 12 months, effective from June 17, 2022[167]. - The company reported a total of 26,840 shareholders at the end of the reporting period, with the largest shareholder holding 38.75% of the shares[171].

广东南方新媒体股份有限公司 2022 年第一季度报告全文 □ 是 √ 否 证券代码：300770 证券简称：新媒股份 公告编号：2022-014 广东南方新媒体股份有限公司 2022 年第一季度报告 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.第一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 本报告期 上年同期 本报告期比上年同期增减 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|-------------- ...

Financial Performance - In 2021, the company achieved an operating revenue of 1.409 billion yuan, a year-on-year increase of 15.43%[5] - The net profit attributable to shareholders was 680 million yuan, reflecting a growth of 18.23% compared to the previous year[5] - The net cash generated from operating activities reached 1.045 billion yuan, marking a significant increase of 99% year-on-year[5] - The company's operating revenue for 2021 was CNY 1,409,053,885.84, representing a 15.43% increase compared to CNY 1,220,689,478.56 in 2020[40] - The net profit attributable to shareholders for 2021 was CNY 679,736,362.64, an increase of 18.23% from CNY 574,933,872.63 in 2020[40] - The net cash flow from operating activities reached CNY 1,044,506,313.75, showing a significant increase of 99.00% compared to CNY 524,888,063.78 in 2020[40] - Basic earnings per share for 2021 were CNY 2.96, up 18.88% from CNY 2.49 in 2020[40] - The asset-liability ratio at the end of the year was approximately 18%, indicating a stable financial condition[5] User Base and Market Presence - By the end of 2021, the company had a total user base of 266 million, setting a new historical high[7] - As of the end of 2021, the user base for online video (including short videos) reached 975 million, an increase of 47.97 million from the end of 2020, accounting for 94.5% of internet users in China[56] - The IPTV user base reached 349 million by the end of 2021, with a net increase of 33.36 million users compared to the previous year[56] - The company had a total of 1,958 million effective IPTV users and 246 million effective users of cloud audio-visual apps by the end of 2021[90] Content and Product Development - In 2021, the company launched several premium content products, including the variety show "National Music Classic" and the documentary "Super Ingredients" to diversify its offerings[10] - The company aims to build a multi-functional family portal that integrates various services, targeting the younger Z generation[10] - The internet audio-visual business revenue was 537.19 million yuan, growing by 18.75%, with Guangdong IPTV value-added services contributing 345.86 million yuan, up 17.33%[76] - The content copyright business saw revenue of 117.74 million yuan, a significant increase of 116.60%[82] Technological Innovation and R&D - The company has accumulated 44 patents, 119 software copyrights, and 217 trademarks as of December 2021, showcasing its strong technological innovation capabilities[11] - The company is committed to advancing technological innovation, including research in big data, artificial intelligence, and blockchain, to support new business models[158] - Research and development expenses amounted to ¥46,342,150.49, which is 3.29% of total revenue, showing an increase from 3.13% in the previous year[111] - The number of R&D personnel increased by 11.94% to 75, with a higher proportion of staff holding bachelor's degrees at 77.33%[109] Governance and Management - The company held a total of 1 annual general meeting and 4 extraordinary general meetings during the reporting period, ensuring compliance with legal requirements and protecting shareholders' rights[178] - The board of directors convened 10 meetings during the reporting period, with a composition of 9 directors, including 3 independent directors, ensuring effective governance[179] - The supervisory board held 7 meetings, consisting of 6 supervisors, including 3 employee representatives, maintaining oversight of the company's operations and financial activities[180] - The company maintains independence in assets, personnel, finance, organization, and business from its controlling shareholders and actual controllers, ensuring compliance with relevant laws and regulations[181] Investment and Financial Management - The total investment amount for the reporting period was ¥76,335,740, representing a 32.64% increase compared to ¥57,550,001 in the same period last year[127] - The company has a total of ¥107,553.18 million raised from its initial public offering, with ¥55,212.48 million utilized to date, leaving a balance of ¥55,302.38 million[129] - The company invested ¥7,066.98 million in the all-media integration cloud platform project, achieving a cumulative investment of ¥25,889.97 million, which is 68.29% of the adjusted total investment[133] - The company has not made any significant equity investments during the reporting period[127] Risks and Challenges - The company recognizes the risk of concentrated revenue sources, particularly from Guangdong IPTV, and is working to diversify its income streams while enhancing service quality[163] - The company faces potential risks from industry policy changes and regulatory scrutiny, which could impact its operations and market competition[161] - The company is addressing the risk of slower-than-expected user growth in its IPTV services by enhancing brand building and market promotion efforts[166] - The company has established mechanisms to mitigate risks related to intellectual property disputes, ensuring compliance with copyright laws[168]