DS CULTURE(SH:600892) Zheng Quan Zhi Xing·2025-05-12 12:18Core Viewpoint - The company is preparing for its 2024 annual shareholder meeting, where various reports and proposals will be presented for approval, including financial results and future plans [4][5][6]. Meeting Details - The shareholder meeting is scheduled for May 20, 2025, at 14:30 in Shenzhen [4]. - The agenda includes the review of the 2024 annual report, board and supervisory committee reports, financial statements, profit distribution proposals, and various other financial and operational matters [4][5]. Financial Performance - The company reported a significant decline in revenue, with total revenue for the period at approximately 166.82 million yuan, down 26.64% from the previous year [19]. - Operating costs also decreased by 45.53%, amounting to approximately 17.49 million yuan [19]. - The net profit attributable to shareholders was approximately -63.69 million yuan, compared to -19.27 million yuan in the previous year, indicating a worsening financial position [19]. Business Operations - The company focuses on the gaming and film industries, with a strategy to enhance its entertainment platform and optimize resource allocation [6][7]. - The gaming segment, particularly through its subsidiary TaoLe Network, has faced challenges, leading to a decline in revenue due to the aging of some game products [6]. - The film and television segment is working on optimizing project distribution and focusing on lower-risk areas within the industry [7]. Governance and Oversight - The board of directors has emphasized compliance with legal regulations and improving corporate governance practices [8][9]. - The supervisory committee has been active in monitoring the board's decisions and ensuring transparency in financial reporting [12][13]. Future Plans - The company aims to explore new business opportunities in the gaming sector, including interactive gaming and overseas expansion [9][10]. - Plans for 2025 include enhancing the film production and distribution capabilities, as well as expanding into live performances and information technology services [10][11].