Core Viewpoint - Poly Culture reported strong performance in theater management and cinema operations, with its auction business achieving a historical high in antique and collectible transaction volume as of June 30, 2019 [1] Financial Performance - The company achieved operating revenue of approximately 1.75 billion RMB, representing a year-on-year increase of 4.8% [1] - Gross profit increased by 6% to 620 million RMB, with a slight rise in gross margin to 35.2% [1] - The net profit attributable to shareholders was 82 million RMB, with basic earnings per share of 0.33 RMB for the first half of 2019 [1]

Core Viewpoint - Chuxing (Ningxia) Auction Co., Ltd. has been established with a registered capital of 10 million RMB, focusing on auction services and related activities [1] Company Overview - The legal representative of Chuxing (Ningxia) Auction Co., Ltd. is Lu Yazhou [1] - The company is authorized to conduct auction business, subject to approval from relevant authorities [1] Business Scope - The company’s business scope includes: - Licensed projects: Auction business (subject to approval) - General projects: - Information consulting services (excluding licensed information consulting services) - Information technology consulting services - Art agency services - Wholesale of arts and crafts and collectibles (excluding ivory and its products) - Retail of arts and crafts and collectibles (excluding ivory and its products) - Appraisal services for arts and collectibles - Manufacturing of arts and crafts and ceremonial products (excluding ivory and its products) [1]

Core Insights - Nanjing Chenghuai Auction Co., Ltd. has been established with a registered capital of 2 million RMB, fully owned by Nanjing Yinxing Enterprise Consulting Co., Ltd. [1] Company Overview - The legal representative of Nanjing Chenghuai Auction Co., Ltd. is Han Song [1] - The company is classified under the cultural, sports, and entertainment industry, specifically in the cultural arts sector [1] - The business scope includes auction services, second-hand car auctions, wine sales, cultural relic sales, retail of publications, jewelry, and various other retail and sales activities [1] Business Operations - The company is permitted to engage in various activities, including but not limited to internet sales, art agency, and sales of non-metal minerals and products [1] - The registered address is located in Jiangsu Province, Nanjing City, Pukou District, and the business has an indefinite operating period [1] - The company is registered with the Nanjing Pukou District Administrative Service Management Office [1]