HBMC(SZ:300027) 21世纪经济报道·2025-03-12 07:52Core Viewpoint - The article discusses Huayi Brothers' decision to transfer its shares in Hero Entertainment to Xi'an Qijing Times Cultural Media Co., Ltd. for 336 million yuan, aiming to optimize resource allocation and alleviate financial pressure [1][2][4]. Group 1: Transaction Details - Huayi Brothers announced the transfer of 7,418,000 shares of Hero Entertainment, resulting in a complete divestment of its stake [1][2]. - The transaction was approved by the company's board and does not require shareholder approval as it does not constitute a related party transaction or a major asset restructuring [2]. - The estimated profit from this transaction for Huayi Brothers is approximately 91 million yuan, subject to final audit [5]. Group 2: Financial Performance - Both Huayi Brothers and Hero Entertainment have faced poor financial performance in recent years [6]. - Hero Entertainment reported net losses of 65.13 million yuan in 2023 and 270 million yuan in the first half of 2024 [7]. - Huayi Brothers is projected to incur a net loss of between 197 million yuan and 296 million yuan for the same period, with non-recurring losses estimated between 287 million yuan and 386 million yuan [8].