Company Overview - Huashu Media is a leading digital content operator in China, providing interactive TV, mobile TV, and internet TV services, covering 30 provinces and cities with over 100 cable networks and millions of internet TV users [2][3] - The company is controlled by the state-owned Huashu Group and has been recognized as one of the "Top 30 Cultural Enterprises in China" for five consecutive years [2] Financial Performance - In 2024, the company achieved a revenue of CNY 9.395 billion and a net profit of CNY 534 million, with total assets of CNY 29 billion and net assets of CNY 14.9 billion [2][3] - The proposed dividend for 2024 is CNY 334 million, representing 62.46% of the net profit attributable to shareholders, with a dividend yield of 2.34% [9] Business Segments - The company operates in three main business segments: - Smart Home: Revenue of CNY 3.503 billion, accounting for 37.29% of total revenue [4] - Technology: Revenue of CNY 3.562 billion, accounting for 37.92% of total revenue [4] - New Media: Revenue of CNY 2.329 billion, accounting for 24.79% of total revenue [4] Internal Control and ESG - The company has been recognized as one of the top 30 listed companies in Zhejiang for internal control for six consecutive years [3] - Huashu Media has published its 2024 ESG report, focusing on sustainable development and has been included in the Shenzhen ESG Leading Index [3] Strategic Vision - The company aims to be a "leading digital society enabler" with a focus on stable operational performance and maintaining its leading position in the broadcasting industry [3] - The development strategy includes "new layout, stable benefits, optimized structure, and improved efficiency" to explore new business models and enhance management effectiveness [3] Content and Technology Development - The company has a digital content library with over one million hours of media resources, covering various genres [7] - In the AI sector, Huashu Media is developing platforms for content creation and enterprise efficiency, including applications for smart services and digital assistants [8] Licensing and Regulatory Compliance - Huashu Media is the first listed company in China to hold full licenses for both cable network and new media operations, ensuring compliance and competitive advantage in the industry [6]

Company Overview - Huashu Media is a leading digital content operator in China, providing interactive TV, mobile TV, and internet TV services, covering over 30 provinces and cities with a user base exceeding 100 million [2][3] - The company is controlled by Huashu Group, a state-owned enterprise, and has been recognized as one of the "Top 30 Cultural Enterprises in China" for five consecutive years [3] Financial Performance - In 2024, the company achieved a revenue of CNY 9.395 billion and a net profit of CNY 534 million, with total assets of CNY 29 billion and net assets of CNY 14.9 billion [3] - Proposed dividend for the year is CNY 334 million, with cumulative dividends since listing reaching CNY 3.59 billion [3] - Revenue breakdown for 2024: - Smart Home: CNY 3.503 billion (37.29%) - Technology: CNY 3.562 billion (37.92%) - New Media: CNY 2.329 billion (24.79%) [3][5] Business Segments Smart Home - Focus on enhancing broadband quality and expanding user base, with a net increase of nearly 200,000 broadband users annually [5] - Over 2.4 million users in integrated 5G services [5] Technology - Revenue growth of 3.35% with project bids totaling CNY 3.38 billion, including 777 projects over CNY 1 million [6] - Key sectors include emergency response, security, and education [6] New Media - Services include interactive TV, IPTV, and outdoor screens, with over 300,000 sales of the "Poetry and Painting Zhejiang Cultural Tourism Card" [6] Strategic Vision - The company aims to be a "leading digital social enabler" with a focus on stable performance and maintaining leadership in the broadcasting industry [4][12] - Development strategy includes "new layout, stable benefits, optimized structure, and improved efficiency" [4][12] Future Outlook - 2025 revenue forecast is CNY 9.3 billion, with a net profit of CNY 525 million [11] - The company plans to implement an action plan focusing on innovation, operational stability, and exploring new business models [12] ESG and Internal Control - Recognized as one of the top 30 companies for internal control in Zhejiang for six consecutive years [3] - Committed to sustainable development, as reflected in the 2024 ESG report [3]