Group 1 - The core point of the article is that the company, 电广传媒, announced that its associate company, 卧安机器人, will be listed on the Hong Kong Stock Exchange on December 30, 2025, with a global offering of 22.2223 million shares at a price of HKD 73.8 per share [1] - The lock-up period for the shares of 卧安机器人 will be 12 months post-listing [1] - The company holds a total of 1.094 million shares in 卧安机器人 through its subsidiaries, which represents approximately 4.92% of the total share capital after the issuance [1] Group 2 - According to accounting standards, the shares held by the company's subsidiary, 达晨财智, in 卧安机器人 are classified as "financial assets measured at fair value with changes recognized in profit or loss," and are reported under "trading financial assets" [2] - The expected impact of the shares from 卧安机器人的 listing on the company's net profit attributable to shareholders for the fiscal year 2025 is approximately CNY 52 million, which accounts for about 54.20% of the audited net profit for 2024 [2] - The fair value of the shares held in 卧安机器人 may fluctuate due to secondary market price changes, leading to uncertain impacts on the company's performance in 2025 and beyond [2]