Group 1 - The company held its 2025 semi-annual performance briefing on September 26, 2025, via an online interactive format to discuss its performance and operational status with investors [1][2] - Key executives, including the General Manager and Financial Director, participated in the briefing to engage with investor inquiries [2] Group 2 - Investors raised questions regarding the company's plans for performance improvement in the fourth quarter, to which the company responded that it aims to strengthen its existing game and film business while exploring growth potential in the film industry, gaming, and IT services [3] - The company confirmed that a subsidiary is one of the producers of the drama "Flying to My Heart," and advised investors to monitor relevant platforms for the release date [4] - The company detailed its gaming portfolio, highlighting that its subsidiary, Taole Network, focuses on developing and operating turn-based online and mobile games, with key titles including "Peach Blossom Source" and "Fairy Spirit" [5]

Core Viewpoint - The company is preparing for its 2024 annual shareholder meeting, where various reports and proposals will be presented for approval, including financial results and future plans [4][5][6]. Meeting Details - The shareholder meeting is scheduled for May 20, 2025, at 14:30 in Shenzhen [4]. - The agenda includes the review of the 2024 annual report, board and supervisory committee reports, financial statements, profit distribution proposals, and various other financial and operational matters [4][5]. Financial Performance - The company reported a significant decline in revenue, with total revenue for the period at approximately 166.82 million yuan, down 26.64% from the previous year [19]. - Operating costs also decreased by 45.53%, amounting to approximately 17.49 million yuan [19]. - The net profit attributable to shareholders was approximately -63.69 million yuan, compared to -19.27 million yuan in the previous year, indicating a worsening financial position [19]. Business Operations - The company focuses on the gaming and film industries, with a strategy to enhance its entertainment platform and optimize resource allocation [6][7]. - The gaming segment, particularly through its subsidiary TaoLe Network, has faced challenges, leading to a decline in revenue due to the aging of some game products [6]. - The film and television segment is working on optimizing project distribution and focusing on lower-risk areas within the industry [7]. Governance and Oversight - The board of directors has emphasized compliance with legal regulations and improving corporate governance practices [8][9]. - The supervisory committee has been active in monitoring the board's decisions and ensuring transparency in financial reporting [12][13]. Future Plans - The company aims to explore new business opportunities in the gaming sector, including interactive gaming and overseas expansion [9][10]. - Plans for 2025 include enhancing the film production and distribution capabilities, as well as expanding into live performances and information technology services [10][11].