TVZone(SH:603721) Shang Hai Zheng Quan Bao·2026-01-16 19:38Core Viewpoint - The company, Zhongguang Tianze Media Co., Ltd., is at risk of being delisted due to financial performance issues, specifically negative net profits and insufficient revenue [2][3][4]. Group 1: Delisting Risk - The company disclosed that its audited profit total, net profit, or net profit after deducting non-recurring gains and losses is negative, and its revenue after excluding unrelated business income is below 300 million yuan, leading to a delisting risk warning effective May 6, 2025 [2][3]. - If the company’s 2025 annual report shows conditions specified in the Shanghai Stock Exchange Listing Rules, the stock may be terminated from listing [3][4]. Group 2: Financial Performance Forecast - The company anticipates a profit total for 2025 between 28 million yuan and 32 million yuan, with a net profit attributable to shareholders of 27 million yuan to 30 million yuan, indicating a turnaround from previous losses [9][13]. - Expected revenue for 2025 is projected to be between 330 million yuan and 345 million yuan, with core business revenue estimated at 320 million yuan to 335 million yuan [10][13]. Group 3: Previous Year Comparison - In the previous year, the company reported a profit total of 1.3173 million yuan, with a net loss attributable to shareholders of 17.0363 million yuan, and core business revenue of 300.1434 million yuan [14][15]. Group 4: Business Strategy and Growth - The company is focusing on strengthening its core business areas, including documentaries and cultural tourism, while also expanding into sports events and innovative business segments, which have shown significant growth [18]. - Cost optimization measures are being implemented to enhance profitability, including better asset utilization and procurement cost control [18]. Group 5: Audit and Reporting - The company’s annual report audit is ongoing, and the final financial data will be disclosed in the official audited report [6][19]. - The company will apply to revoke the delisting risk warning if it meets the necessary conditions after the 2025 annual report is approved [6].