Financial Performance - The company reported a basic earnings per share of -0.0500 yuan for 2024, an improvement of 59.64% compared to -0.1239 yuan in 2023 [1] - The net profit for 2024 was -0.7 billion yuan, showing a significant reduction of 59.3% from -1.72 billion yuan in 2023 [1] - Operating revenue decreased by 4.93% to 23.14 billion yuan in 2024 from 24.34 billion yuan in 2023 [1] - The return on equity improved to -0.54% in 2024 from -1.33% in 2023, reflecting a 59.4% increase [1] Shareholder Information - The top ten unrestricted shareholders collectively hold 61,958.23 million shares, accounting for 44.53% of the circulating shares, with a decrease of 752.36 million shares compared to the previous period [1] - China Broadcasting Network Co., Ltd. remains the largest shareholder with 26,563.50 million shares, representing 19.09% of the total share capital [2] - Beijing Beiguang Media Investment Development Center Co., Ltd. holds 25,521.80 million shares, accounting for 18.34% of the total [2] Dividend Distribution - The company announced a dividend distribution plan of 0.27 yuan per share (including tax) [3]

Core Insights - Jiangsu Cable (600959) announced a revenue of 7.98 billion yuan for 2024, representing a year-on-year growth of 5.04% [1] - The net profit attributable to shareholders for the same period is 365 million yuan, reflecting a year-on-year increase of 7.46% [1] - The profit distribution plan for 2024 proposes a cash dividend of 0.22 yuan (including tax) per 10 shares, totaling 110 million yuan to be distributed to all shareholders [1] - The company will not implement any capital reserve conversion to increase share capital or other forms of distribution [1]