Group 1 - The company, Beijing Gehua Cable Television Network Co., Ltd., will hold its first extraordinary general meeting of 2025 on September 24, 2025, at 14:30, utilizing a combination of on-site and online voting methods [1] - To enhance service for small and medium investors, the company will employ the Shanghai Stock Exchange Information Network Co., Ltd. to provide a shareholder meeting reminder service, actively notifying shareholders about the meeting and voting options via smart SMS [2] - Investors can vote directly through the provided link to the user manual for online voting, and alternative voting methods are available in case of congestion [2]

Core Viewpoint - The company plans to utilize the shareholder meeting reminder service provided by Shanghai Stock Exchange Information Co., Ltd. to enhance shareholder engagement and participation in voting [1] Group 1 - The company will delegate the task of reminding shareholders to attend and vote at the general meeting to Shanghai Stock Exchange Information [1] - The reminder service will include proactive notifications to each investor regarding the meeting invitation and agenda details through smart messaging [1] - The initiative aims to improve communication with shareholders based on the shareholder registry as of the record date [1]

Core Viewpoint - The company, Gehua Cable (600037), announced that it will hold its 2025 semi-annual performance briefing on September 15, 2025 [1] Summary by Category - **Company Announcement** - Gehua Cable will conduct a performance briefing to discuss its financial results for the first half of 2025 [1]

Core Viewpoint - The company reported a decline in revenue and a reduced net loss for the first half of 2025 compared to the same period last year [1] Financial Performance - The company's operating revenue for the first half of 2025 was 933 million yuan, representing a year-on-year decrease of 11.90% [1] - The net profit attributable to shareholders was a loss of 9.6943 million yuan, an improvement from a loss of 44.7742 million yuan in the same period last year [1] - The basic earnings per share were -0.01 yuan, compared to -0.03 yuan in the previous year [1]

Core Viewpoint - Beijing Gehua Cable Network Co., Ltd. reported a decline in revenue and a narrowed loss in its 2025 semi-annual report, indicating challenges in the cable television industry while pursuing strategic transformation [1] Financial Performance - The company achieved operating revenue of 933 million yuan, a year-on-year decrease of 11.90% [1] - The net profit attributable to shareholders was -9.6943 million yuan, showing a reduction in losses compared to the previous year [1] Business Operations - Gehua Cable is responsible for the development, management, and maintenance of broadcasting and television networks in Beijing, including services such as broadcasting, internet access, and value-added data transmission [1] - The company is actively transitioning from a "single cable television transmission provider" to a "high-quality cultural service operator" and a "smart broadcasting service provider" [1] Strategic Initiatives - The company is focused on consolidating its cable television base while implementing the "China (Beijing) Ultra HD Television Pioneer Action Plan" to promote end-to-end development in ultra-high-definition services [1] - Efforts include high-quality operation of the "Revisit Classics" channel and steady advancement of key government and enterprise projects [1] - The company aims to curb the decline in cable television users and expand broadband user scale, while integrating its network in Zhuozhou into Hebei Broadcasting [1]

Group 1 - The board meeting of Beijing Gehua Cable Television Network Co., Ltd. was held on August 29, 2025, with all 14 directors present, confirming compliance with relevant laws and regulations [1] - The meeting approved the 2025 semi-annual report and summary, which accurately reflects the company's financial status and operational results without any fraud or significant misstatements [3] - The board also approved a special report on the storage and use of raised funds, confirming compliance with stock exchange regulations and ensuring no misuse of funds occurred [2][4] Group 2 - The company proposed adjustments to its self-owned fund investment plan to enhance fund utilization efficiency and returns, with all 14 directors voting in favor [4]

Meeting Details - The sixth meeting of the seventh Supervisory Board of Beijing Gehua Cable Television Network Co., Ltd. was held on August 29, 2025, via electronic communication, with all four supervisors present [1] - The meeting was chaired by Ms. Song Wenyu and complied with relevant regulations [1] Resolutions Passed - The Supervisory Board unanimously approved the "2025 Semi-Annual Report and Summary" of the company, confirming that the report meets legal and regulatory requirements and accurately reflects the company's financial status, operating results, and cash flow for the first half of 2025 [1][2] - The board also approved the "Special Report on the Storage and Use of Raised Funds for the First Half of 2025," with all votes in favor [2] - Additionally, the board approved the proposal to adjust the use of self-owned funds for entrusted financial management, with unanimous support [2]

Group 1 - The company's operating revenue for the first half of 2025 is 591 million yuan, representing a year-on-year decrease of 8.63% [1] - The net loss attributable to shareholders of the listed company is 27.149 million yuan, compared to a net profit of 10.7704 million yuan in the same period last year [1]

Core Viewpoint - Guiguan Network (600996) reported a significant decline in revenue and an increase in net losses for the first half of 2025, indicating ongoing challenges in the traditional cable television business due to the impact of mobile internet and new media [1] Financial Performance - The company's revenue for the first half of 2025 was 616 million, a year-on-year decrease of 30.7% [1] - The net profit attributable to shareholders worsened from a loss of 419 million in the same period last year to a loss of 562 million [1] - In Q2 2025, revenue was 337 million, down 36.2% year-on-year [1] - The net profit attributable to shareholders in Q2 also increased its loss from 229 million to 295 million [1] - The net profit excluding non-recurring items in Q2 worsened from a loss of 228 million to a larger loss [1] Asset and Equity Position - As of the end of Q2, the company's total assets were 15.503 billion, a decrease of 3.3% from the end of the previous year [1] - The net assets attributable to shareholders were 2.593 billion, down 13.2% from the end of the previous year [1] Business Strategy and Developments - The company is facing significant operational pressure in its traditional cable television business due to the influence of mobile internet and new media [1] - In response, the company is actively optimizing its business and focusing on cultural, technological, tourism, and service sectors [1] - The company has introduced new non-core businesses, achieving notable success in cultural tourism integration, such as the growth in visitors and revenue at the Guizhou Long March Cultural Digital Art Museum [1] - The company has also increased efforts in promoting surrounding products like mobile phones and televisions through appliance trade-in policies [1]

Group 1 - The company reported a revenue of 4.144 billion yuan for the first half of 2025, representing a year-on-year growth of 4.25% [1] - The net profit attributable to shareholders reached 203 million yuan, showing a significant year-on-year increase of 35.24% [1] - The company reported a non-recurring net profit loss of 7.89 million yuan [1] - The basic earnings per share were 0.04 yuan [1]