以本次披露业绩预告均值计算，公司近年市盈率（TTM）图如下所示： 100 94-36 ହ୍ର ୨୦ 90-58 82-85 80 70 68:65 60 54067 50 44.81 40 3786 30 21684 20 10 0 2020-12-37 | 2021-06-30 | 2027-12-37 1 2022-12-37 1 2022-06-30 ' 3-06-30 ' 3-12-37 2n~ 公司 -○- 行业均值 制图数据来自恒生聚源数据库 资料显示，公司主要从事电视剧制作、发行和电影全产业链业务，其中电影全产业链业务涵盖了制作、院线、发行和影城放映整个完整的电影全产业链结 构。 据公告，公司业绩变动原因为，报告期内，公司紧密围绕年度经营计划，聚焦精品内容创作、数智化转型等重点领域，积极调整架构，优化人才策略，统筹 协调资源，强化技术赋能，助推企业高质量发展，追求实现社会效益和经济效益相统一。 电视剧制作与发行业务方面，公司加速布局创新产业，努力提升盈利能力；创新组织模式，激发团队活力。报告期内，公司出品的电视剧《反人类暴行》实 现播出；军旅题材剧《兵自风中来》进入发行阶段；重大历史题材剧《张謇 ...

Core Viewpoint - The TV series "Anti-Human Atrocities" reveals the brutal human experiments conducted by the Japanese Unit 731, utilizing a dual-time narrative structure to present the perspectives of various individuals involved, aiming to transform a heavy topic into an emotionally engaging public experience [1][2]. Group 1: Creative Approach - The series employs a multi-thread narrative structure to effectively convey the extensive historical context surrounding Unit 731, including its environment, medical support, military objectives, and personnel distribution [2]. - The creators emphasize that storytelling should not be forced but should flow naturally from the material available, ensuring that the narrative remains coherent and impactful [2]. Group 2: Character Representation - The character Tong Changfu, portrayed as an ordinary person under the Japanese puppet regime, symbolizes the awakening of the common people from ignorance to resistance, reflecting the broader national consciousness [5]. - Actor Yin Zheng describes his character, Kojiro, as a personification of fascist militarism, representing an evil force that distorts human morality, highlighting the moral complexities within the narrative [8]. Group 3: Cultural Significance - The series is seen as a means to foster a more stable and mature understanding of historical issues among domestic audiences while providing an alternative narrative to international viewers, moving beyond stereotypes [1]. - The innovative storytelling and fresh perspectives brought by new-generation filmmakers are noted as significant contributions to the historical drama genre [1].

Core Viewpoint - The drama "Anti-Human Atrocities" focuses on the atrocities committed by the Japanese Army's Unit 731 during the Second Sino-Japanese War, aiming to reveal historical truths and criticize Japanese militarism, while promoting a correct historical perspective and fostering patriotism [3][4]. Group 1: Production and Reception - The drama premiered on December 13, coinciding with China's National Memorial Day, and is recognized as a key production for the 80th anniversary of the victory in the Anti-Japanese War [3]. - It has received high ratings, with a score of 8.5 on Douban, placing it among the top-rated domestic dramas of the year [3]. - Major media outlets, including Xinhua and People's Daily, have praised the series, contributing to its widespread discussion and reflection on history and peace [4]. Group 2: Narrative and Themes - The series avoids grandiose narratives, instead focusing on individual fates to create emotional resonance with the audience, highlighting the tragic experiences of victims like "909" and the harsh realities faced by ordinary people [5]. - It portrays the resilience and courage of the Chinese people through characters like Tong Changfu and Tong Yulan, while also depicting the atrocities committed by Unit 731 and the moral dilemmas faced by individuals involved [5][6]. - The narrative structure intertwines historical and contemporary timelines, using symbolic objects to connect the past and present, ultimately leading to a courtroom scene that seeks acknowledgment of historical truths [6]. Group 3: Artistic Expression - The series balances serious historical narrative with engaging artistic expression, employing a suspenseful plot and layered revelations to maintain viewer interest [7]. - High production standards are evident in detailed scene recreations, quality costume and makeup design, effective special effects, and nuanced performances, enhancing the overall quality and impact of the series [7].

Core Viewpoint - The TV series "Crimes Against Humanity" aims to reveal the atrocities committed by the Japanese Unit 731 during World War II, emphasizing the importance of historical accuracy and the need to prevent the resurgence of militarism [1][4][6] Group 1: Historical Context and Significance - The series was released on the National Memorial Day for the victims of the Nanjing Massacre, highlighting the ongoing need to remember and confront historical atrocities [1] - It aims to provide a comprehensive understanding of Unit 731, including its organizational structure, medical support, and military objectives, to expose the essence of Japanese militarism [4][5] Group 2: Creative Approach and Narrative Techniques - The series employs a multi-threaded narrative style, which presents challenges but also enriches the storytelling by incorporating various perspectives, including those of ordinary citizens [5] - It utilizes historical recordings at the end of each episode to reinforce the authenticity of the narrative and to remind viewers of the unresolved nature of these historical crimes [5] Group 3: Artistic Responsibility and Audience Engagement - The creators emphasize the need to respect historical facts and avoid sensationalism, ensuring that the narrative remains focused on the core themes of the series [2][4] - The production aims to engage the audience through diverse audiovisual techniques while maintaining a commitment to the serious subject matter [2]

Core Viewpoint - The TV series "Anti-Human Atrocities" will premiere on December 13, 2025, as part of the National Radio and Television Administration's special funding project, aiming to reveal the brutal human experiments conducted by the Japanese Army's Unit 731 and criticize the systemic evils of Japanese militarism [1] Group 1 - The series employs a dual narrative structure to deeply analyze and expose the heinous crimes of Japanese militarism, focusing on the organizational system, historical essence, and ideological roots behind these atrocities [1] - The director, Mou Xincen, emphasizes the innovative cinematic language used to express the complex narrative and historical context [1] - The director of the Unit 731 Crime Evidence Exhibition Hall, Jin Chengmin, states that the overall narrative framework of the series aligns closely with real history, highlighting its significant role in historical dissemination and education [1] Group 2 - A representative from the State Administration of Radio and Television indicates that the series reveals the heinous crimes committed by the Japanese during the invasion of China and critiques the anti-human essence of Japanese militarism [1] - The series aims to awaken all peace-loving people in China and around the world to unite in cherishing and safeguarding peace, while firmly opposing any attempts to reverse historical progress [1]