中国北京建国门外大街 1 号国贸写字楼 2 座 12 - 15 层 100004 电话 Tel： +86 10 6563 7181 传真 Fax： +86 10 6569 3838 电邮 Email： beijing@tongshang.com 网址 Web： www.tongshang.com 北京市通商律师事务所 关于博纳影业集团股份有限公司 法律意见书 致：博纳影业集团股份有限公司 北京市通商律师事务所(以下简称"本所")接受博纳影业集团股份有限公司 (以下简称"博纳影业"或"公司")委托，就公司拟实施的 2025 年员工持股计划(以 下简称"本计划")出具本法律意见书。 本法律意见书根据《中华人民共和国公司法》(以下简称"《公司法》")、 《中华人民共和国证券法》(以下简称"《证券法》")、中国证券监督管理委员会 (以下简称"中国证监会")《关于上市公司实施员工持股计划试点的指导意见》 (以下简称"《指导意见》")、《深圳证券交易所上市公司自律监管指引第 1 号— —主板上市公司规范运作》(以下简称"《自律监管指引》")等法律、行政法规、 部门规章及其他规范性文件(以下简称"法律法规")和《博纳影业集 ...

Group 1 - The actual controller of Huace Film & TV, Fu Meicheng, plans to reduce his holdings by up to 20.76 million shares, accounting for 1.11% of the company's total share capital [1] - The reduction period is set from June 6, 2025, to September 5, 2025, starting 15 trading days after the announcement [1] - Fu Meicheng currently holds 348 million shares, representing 18.31% of the company's total share capital [1] Group 2 - The primary purpose of the share reduction is to lower debt and control financial risks [1] - The implementation of the reduction plan is uncertain and will depend on market conditions [1]

Core Viewpoint - The Shenzhen International Convention and Exhibition Center has launched the XR (Extended Reality) virtual shooting platform, marking the first of its kind in a world-class exhibition complex, enabling Hollywood-level visual production and metaverse-style virtual events [1] Group 1: Platform Features - The XR virtual shooting platform features a curved giant screen made of thousands of high-resolution LED modules, achieving 8K resolution, 10000:1 contrast ratio, and HDR technology, with a refresh rate of 7680Hz for clear images even in high-speed shots [1] - The platform includes a self-luminous ground screen system with a nano anti-reflective coating, seamlessly integrating with the main screen to create a complete three-dimensional digital space [1] - Equipped with three full-frame laser projectors, the platform outputs brightness exceeding 50000 lumens, utilizing quantum dot wide color gamut technology for high color accuracy [1] Group 2: Application Scenarios - The center has developed five innovative application scenarios, including a metaverse brand launch venue, AI anchor virtual interview system, cloud rendering workstations for instant creation of film-level special effects, smart exhibition management systems, and a new media live broadcast matrix [1] - The metaverse brand launch allows companies to present products across time and space through digital avatars [1] - The AI anchor system supports real-time multilingual conversations and intelligent subtitle generation [1] Group 3: Operational Strategy - The Shenzhen International Convention and Exhibition Center aims to provide one-stop, low-cost, and efficient services for global enterprises, facilitating foreign investment and promoting domestic products [1] - The center's team will continuously track exhibition promotions and conduct multilingual corporate receptions to meet the needs of global entrepreneurs [1] - The center leverages a comprehensive media communication system to help various enterprises expand their influence and visibility [1]

Financial Performance - The company has accumulated losses of 8.246 billion yuan from 2018 to 2024 [10] - The company is actively optimizing its asset structure to enhance core competitiveness [18] Strategic Initiatives - The company is focusing on a "film production + IP operation" light asset business model to accelerate recovery [13] - The company is continuously developing and reserving high-quality film projects, with several films scheduled for release in 2025 [11] Upcoming Projects - "The Sunflower" directed by Feng Xiaogang and starring Zhao Liying was released on April 4, 2025 [11] - "East Extreme Island," directed by Guan Hu, is scheduled for summer 2025 [11] - "The Breakup List," directed by Tian Yusheng, has completed post-production [11] - "Mermaid 2," directed by Stephen Chow, is in post-production [11] Production Pipeline - Multiple films are in various stages of production, including "Little Soldier Zhang Ga," "Special Gift," and "Unexpected Farewell" [11] - The company has established a short drama brand "Huayi Brothers Fire Drama" and has released several short dramas in early 2025 [12] Market Challenges - The company faces intense competition in the film industry, impacting its market share [18] - The company is taking measures to mitigate risks associated with high-investment projects like "East Extreme Island" [19]

北京百纳千成影视股份有限公司 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 北京百纳千成影视股份有限公司（以下简称"公司"）于 2025 年 5 月 7 日以 电话、电子邮件等方式，向公司各位监事发出关于召开第五届监事会第十六次会 议的通知，并于 2025 年 5 月 12 日在公司会议室以现场与通讯表决相结合的方式 召开。会议由公司监事会主席任扩延先生主持，应出席监事 3 人，实际出席监事 司章程》的规定。 证券代码：300291 证券简称：百纳千成 公告编号：2025-023 本议案尚需提交股东大会审议。 表决结果：全体监事以 3 票同意、0 票反对、0 票弃权通过。 具体内容详见公司在巨潮资讯网（http://www.cninfo.com.cn）披露的《关于 三、备查文件 特此公告。 北京百纳千成影视股份有限公司监事会 二、监事会会议审议情况 会议经审议，通过了如下议案： 《关于 2020 年募集资金投资项目变更并新增募投项目实施主体的议案》。 与会监事一致认为：本次变更募集资金投资项目，是根据公司目前发展的实 际情况做出的审慎 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [2] Core Views - The company's annual and quarterly performance met expectations, with continuous growth driven by its main business in Q4 2024 and Q1 2025 [1] - The company is focusing on fan economy and deepening its engagement in vertical markets such as celebrity copyright books [1] - The "Publishing + Internet" strategy is showing initial success, with significant growth in user numbers and internet product accounts [1] - The company is actively developing its second growth curve through the animated film "The Three Kingdoms: The Starry Sky," expected to be released in 2025 [7] - The company is making notable progress in AI applications, particularly with its AI proofreading product [7] Financial Summary - For 2024, the company expects revenue of 582.15 million yuan, a year-on-year increase of 21.76%, and a net profit of 40.83 million yuan, a decrease of 23.87% [9] - Revenue projections for 2025, 2026, and 2027 are 806.14 million yuan, 974.98 million yuan, and 1.25 billion yuan, respectively, with growth rates of 38.48%, 20.94%, and 28.06% [9] - The company anticipates net profits of 138.35 million yuan in 2025, 135.64 million yuan in 2026, and 200.68 million yuan in 2027 [9] - The estimated P/E ratios for the years 2025, 2026, and 2027 are 25.33, 25.84, and 17.47, respectively [9]

中新网朔州5月9日电 (刘小红)8日，首届《千年广武映像长城》2025山阴长城影像季颁奖仪式，暨山西 广电广武长城影视基地首部中短剧《我家住在长城下》开机仪式在山西省山阴广武长城月亮门景区举 行。 图为活动 山西广电 广武长城影视基地首部中短剧《我家住在长城下》开机仪式举办。刘小红摄 "山西广电广武长城影像基地"依托广武长城独特的历史风貌与自然景观，规划建设创作中心、数字影棚 及沉浸式展览空间，未来将常态化举办影像创作营、文化论坛等活动，打造全国长城主题影像创作高 地。 "广武长城影视基地建立，是山阴县深挖广武长城文化资源，推动影视产业、文化与旅游深度融合的重 要举措，也标志着广武长城和山阴的历史文化价值迈向影视化传播的全新阶段。"山阴县委常委、宣传 部部长霍秉明表示，影视基地的建设将有力带动当地旅游、餐饮、住宿等相关产业的发展，为乡村振兴 注入强大的产业支撑，为民众创造更多的就业机会和增收渠道。 记者了解到，《我家住在长城下》以山阴广武长城为背景，聚焦当代青年与传统文化之间的情感链接， 结合本地风土人情与人文故事，进一步提升广武长城的文化影响力和大众认知度。 作为中国保存最完好的原生态长城之一，广武明长城具 ...

Core Points - The UK and the US have reached a trade agreement, but a 10% baseline tariff remains in place, which may set a precedent for future trade negotiations with other countries [1][2] - The agreement includes a reduction of the additional 25% tariff on UK car imports to a maximum of 10%, with an annual cap of 100,000 cars, potentially influencing negotiations with the EU, Japan, and South Korea [1][4][6] - The trade agreement reflects a shift in global trade dynamics, where barriers are assessed based on increases rather than decreases, indicating a new approach to trade management [3][7] Summary by Sections Trade Agreement Details - The US has maintained a 10% tariff on UK exports, significantly higher than the less than 2% level in 2023 [1] - The agreement allows for a quota of 100,000 cars from the UK to the US at a 10% tariff, while exceeding this limit incurs a 25% tariff [4][6] - The US has also reduced tariffs on UK steel and aluminum imports to 0% [4][9] Economic Implications - The trade agreement has led to a rise in stock markets, not necessarily due to expectations of economic growth, but rather the potential for further agreements [3] - The 10% tariff on the UK raises concerns about inflation and economic impacts, especially given the trade deficit with the UK [3][8] Future Negotiations - The agreement may serve as a template for future negotiations with other countries, particularly regarding automotive and steel tariffs [4][9] - Key details of the agreement, especially concerning agricultural regulations and digital oversight, are still under negotiation [10]

Group 1 - The importance of youth in contributing to China's modernization is emphasized, with various sectors expressing commitment to this cause [2][5][6] - The logistics and express delivery industry in Xinjiang is highlighted as a vital link for economic development and national unity, with youth pledging to enhance service quality [2][7] - The cultural heritage sector is encouraged to leverage local culture for agricultural development, showcasing the role of youth in preserving and promoting cultural identity [4][6] Group 2 - The construction industry is represented by youth who aim to integrate personal growth with national development, focusing on quality and efficiency in projects [3][5] - The e-commerce sector is committed to improving professional skills and contributing to rural revitalization, reflecting the youth's dedication to practical outcomes [3][4] - The social work sector emphasizes guiding youth to develop patriotism and a sense of responsibility, aligning with national goals [4][7] Group 3 - The technology sector, particularly in artificial intelligence, is focused on innovation and practical applications to support national interests, with youth expressing a strong sense of duty [5][6] - The transportation industry is mobilizing youth to enhance community services and support rural revitalization through practical actions [7] - The environmental protection sector is actively engaging youth in ecological conservation efforts, demonstrating a commitment to sustainable development [7]

Group 1: Trade Agreement Overview - The UK and the US reached an agreement on tariff trade terms, with the UK making concessions on imports of US food and agricultural products in exchange for reduced tariffs on UK car exports [1][4] - The agreement includes a 10% additional tariff on the first 100,000 cars exported from the UK to the US, with a 25% tariff on any excess [6][8] - The UK will reduce or eliminate non-tariff barriers and will allow zero tariffs on certain agricultural products exported to the US [6][8] Group 2: Market Reactions - Following the announcement of the trade agreement, US stock indices rose, with the Nasdaq up 1.07%, Dow Jones up 0.62%, and S&P 500 up 0.58% [1] - Major tech stocks saw significant gains, with Tesla and Intel rising over 3%, and Amazon, Google, and Microsoft rising over 1% [1] - Chinese concept stocks also experienced gains, with the Nasdaq Golden Dragon China Index up 0.97% [1] Group 3: Economic Implications - Analysts express skepticism about the short-term economic impact of the agreement, citing existing divisions on key details [4][8] - The agreement is seen as a response to the pressures of US tariffs on UK exports, particularly in the automotive and steel industries [8][11] - The UK exports approximately £58.7 billion (about 718 billion RMB) worth of goods to the US, making it a significant trading partner [8][11] Group 4: Industry-Specific Concerns - The automotive sector is particularly vulnerable, with the US being the second-largest market for UK car manufacturers [11] - The steel industry has raised alarms about the potential "devastating blow" from US tariffs, which could lead to increased competition from imported steel [13] - The pharmaceutical industry is also at risk, with potential US tariffs on imported drugs causing significant concern among UK pharmaceutical companies [14]