Core Viewpoint - The company, Giant Star Legend, has issued a profit warning, expecting a significant decline in net profit for the first half of the year, primarily due to losses in fair value of securities investments [1] Financial Performance - The expected net profit for the first half is not to exceed 8.5 million RMB, a decrease of approximately 67% compared to 25.5 million RMB in the same period last year [1] - Excluding non-operating impacts, the adjusted comprehensive profit is anticipated to be no more than 28 million RMB, reflecting an increase of up to 9.8% year-on-year [1] Strategic Development - The company is making steady progress in business expansion and strategic deployment, with short-term performance fluctuations due to the IP strategic transformation [1] - Plans for the second half include accelerating the development of self-operated IP products and advancing the layout of robot stores and physical IP stores [1] - The company aims to continuously optimize operational management and solidify its industry position in IP creation and operation, building long-term investment value [1]

Core Viewpoint - The company, 巨星传奇, issued a profit warning, expecting a significant decline in net profit for the first half of the year, primarily due to losses in equity investments [1] Financial Performance - The company anticipates net profit not exceeding 8.5 million RMB, a decrease of approximately 67% compared to 25.5 million RMB in the same period last year [1] - Excluding non-operating impacts, the adjusted comprehensive profit is expected to be no more than 28 million RMB, reflecting an increase of up to 9.8% year-on-year [1] Strategic Transformation - The company is actively pursuing a strategic transformation in its IP business, driven by explosive growth in the IP industry [1] - Although this transformation may impact short-term performance, it is aimed at establishing a solid foundation for high-quality long-term development [1] - The company is making steady progress in business expansion and strategic deployment, with short-term performance fluctuations being restructured by long-term value creation [1] Future Outlook - In the second half of the year, the company plans to accelerate the development of self-operated IP products and expand channels such as robot stores and IP physical stores [1] - The company aims to continuously optimize operational management and solidify its industry position in IP creation and operation, building a company with long-term investment value [1]

Core Viewpoint - The company anticipates a significant decrease in comprehensive profit for the six months ending June 30, 2025, projecting not to exceed RMB 8.5 million, a decline of approximately 67% compared to RMB 25.5 million for the same period in 2024 [1] Financial Performance - The expected decrease in profit is primarily attributed to a fair value loss of approximately RMB 19.5 million from Hong Kong-listed equity securities, which is not directly related to the company's core business [1] - Excluding this non-operating impact, the adjusted comprehensive profit is expected to be no more than RMB 28 million, representing an increase of up to 9.8% compared to the same period last year [1] Strategic Transformation - The company is actively pursuing a strategic transformation in its IP business, driven by explosive growth opportunities in the IP industry [1] - Although this transformation may impact short-term performance, it is aimed at establishing a solid foundation for high-quality development in the medium to long term [1] Business Development - The company is steadily advancing in business expansion and strategic deployment, with short-term performance fluctuations from the IP strategic transformation reshaping market expectations [1] - Looking ahead to the second half of the year, the company plans to accelerate the development of self-operated IP products and expand channels such as robot stores and IP physical stores, while continuously optimizing operational management [1] - The goal is to solidify its industry position in IP creation and operation, building a company with long-term investment value [1]

Group 1 - The company expects a consolidated profit of no more than RMB 8.5 million for the six months ending June 30, 2025, representing a decrease of approximately 67% compared to RMB 25.5 million for the same period ending June 30, 2024 [1] - The anticipated profit decline is primarily due to a fair value loss of approximately RMB 19.5 million from Hong Kong-listed equity securities, which is not directly related to the company's core business [1] - Excluding the non-operating impact, the adjusted consolidated profit is expected to be no more than RMB 28 million, reflecting an increase of no more than 9.8% compared to the previous year [1] Group 2 - The company is actively pursuing a strategic transformation and upgrade of its IP business, driven by explosive growth in the IP industry [1] - Although this transformation may impact short-term performance, it is expected to lay the foundation for high-quality development in the medium to long term [1] - The company plans to accelerate the construction of self-operated IP products and expand channels such as robot stores and IP physical stores, while optimizing operational management to strengthen its industry position in IP creation and operation [1] Group 3 - The company recently completed a placement and subscription, issuing 37.5245 million new shares, accounting for approximately 4.18% of the enlarged share capital [2] - The net proceeds from this placement amount to approximately HKD 324 million, which will primarily be used to enhance self-operated IP products, including the purchase and R&D costs of vending machines and mechanical equipment, as well as expanding IP physical stores [2] - "Zhou Tongxue" is currently the most representative core IP of the company, seen as a key achievement in the systematic creation, refined operation, and commercialization of celebrity IP [2]

Core Viewpoint - The company expects a significant decrease in comprehensive profit for the six months ending June 30, 2025, with an estimated profit not exceeding RMB 8.5 million, representing a decrease of approximately 67% compared to RMB 25.5 million for the same period in 2024 [1] Financial Performance - The anticipated profit decline is primarily attributed to a fair value loss of approximately RMB 19.5 million from Hong Kong-listed equity securities, which is not directly related to the company's core business [1] - Excluding this non-operational impact, the adjusted comprehensive profit is expected to be no more than RMB 28 million, reflecting an increase of up to 9.8% compared to the previous year [1] Strategic Transformation - The company is actively pursuing a strategic transformation in its IP business, driven by explosive growth opportunities in the IP industry [1] - Although this transformation may impact short-term performance, it is aimed at establishing a solid foundation for high-quality long-term development [1] Business Development - The company is steadily advancing in business expansion and strategic deployment, with short-term performance fluctuations from the IP strategic transformation reshaping market expectations [1] - Looking ahead to the second half of the year, the company plans to accelerate the development of self-operated IP products and enhance channel layouts, including robot stores and IP physical stores [1] - The company aims to continuously optimize operational management and solidify its industry position in IP creation and operation, building a company with long-term investment value [1]

Core Viewpoint - The company expects a significant decrease in comprehensive profit for the six months ending June 30, 2025, with an estimated profit not exceeding RMB 8.5 million, representing a decrease of approximately 67% compared to RMB 25.5 million for the same period ending June 30, 2024 [1] Financial Performance - The anticipated decrease in profit is primarily attributed to a fair value loss of approximately RMB 19.5 million from Hong Kong-listed equity securities, which is not directly related to the company's core business [1] - Excluding this non-operating impact, the adjusted comprehensive profit is expected to be no more than RMB 28 million, reflecting an increase of up to 9.8% compared to the previous year [1] Strategic Initiatives - The company is actively pursuing a strategic transformation and upgrade of its IP business in response to explosive growth opportunities in the IP industry [1] - Although this transformation may impact short-term performance, it is aimed at establishing a solid foundation for high-quality development in the medium to long term [1] Business Development - The company is steadily advancing in business expansion and strategic deployment, with short-term performance fluctuations from the IP strategic transformation reshaping market expectations [1] - Looking ahead to the second half of the year, the company plans to accelerate the development of self-operated IP products and expand channels such as robot stores and IP physical stores, while continuously optimizing operational management to strengthen its industry position in IP creation and operation [1]