Group 1 - The financial industry development base in Hengqin Guangdong-Macao Deep Cooperation Zone is being transformed into a film and television base, with the first phase of the project having completed public filing [1] - The total investment for the first phase of the project is 20 million yuan, covering film, television, and online audiovisual content production and distribution, with construction planned to start in July 2025 and expected to be completed by March 2026 [1] - The construction unit for the project is Zhongwen Online (300364) Entertainment (Guangdong Hengqin) Co., Ltd., which is wholly owned by Zhongwen Online Group Co., Ltd., a pioneer in the short drama sector in China [1] Group 2 - The Hengqin Financial Industry Base is located in the southern part of Financial Island in Hengqin New District, Zhuhai, and was established as a temporary financial industry cluster area approved by the government in 2013 [1] - The base is divided into three phases, with the first two phases initiated in 2012, covering a total construction area of 50,000 square meters, completed and operational within seven months [1] - The project leverages "quasi-free port" tax policies and its proximity to Hong Kong and Macau to facilitate cross-border financial cooperation, promoting the collaborative development of "Macau resources + Hengqin carrier" [1]

Group 1: Company Overview - Beijing Cultural is actively engaged in various film and television projects, including movies like "East Extreme Island," "Fengshen Part III," and "Angry Tiger," as well as TV series such as "Dark Night Light" and "Dream Chaser" [1] - The company is utilizing a remote format for its 2024 performance briefing, accessible to all investors via the Shenzhen Stock Exchange's "Interactive Easy" platform [1] Group 2: Project Updates - "Fengshen Part III" is currently in post-production, with the specific release date to be confirmed based on public announcement [2] - The company is exploring short drama production as part of its strategy to expand its business model and enhance operational performance [2]