Core Viewpoint - Shanghai Film Co., Ltd. is committed to enhancing operational quality, shareholder returns, corporate governance, sustainable development, and investor communication as part of its "Quality Improvement, Efficiency Enhancement, and Return to Shareholders" initiative for 2025 [1][5][6]. Group 1: Operational Quality Enhancement - The company emphasizes the importance of improving overall operational quality and aims to develop a business layout that meets modern demands, focusing on a "3+1+X" industry development matrix: film distribution, cinema operation, and IP operation [1]. - The film "Good Things," released in 2024, achieved a remarkable box office of 720 million, showcasing the effectiveness of targeted marketing strategies [2]. - The company plans to innovate its cinema experience by integrating new technologies such as VR/AR/XR, creating a new generation of cinema business models that combine viewing experiences with interactive entertainment [2]. Group 2: Shareholder Returns - The company prioritizes investor returns, implementing a stable dividend policy with a cash dividend amounting to 47.78% of the net profit attributable to shareholders for the 2024 fiscal year [3]. - The company intends to maintain a consistent cash dividend policy, with expectations of at least 40% of net profit for the first half of 2025 [4]. Group 3: Corporate Governance - The company is focused on enhancing its governance structure by updating its articles of association and internal management systems to improve oversight and decision-making [5]. - Training for key personnel will be strengthened to ensure compliance with market regulations and to mitigate governance risks [5]. Group 4: Sustainable Development - The company is committed to sustainable development, establishing an ESG working mechanism to integrate sustainability into its operations and enhance core competitiveness [6]. Group 5: Investor Communication - The company plans to hold at least three performance briefings in 2025 to enhance transparency and communication with investors [6][7]. - Initiatives such as "I Am a Shareholder" events will continue to engage investors and provide insights into the company's operations and strategies [7].