BJCT(SZ:000802)2022-12-06 10:50Group 1: Business Overview - The company is transitioning from a tourism-focused business to a comprehensive cultural group covering film, television, artist management, variety shows, new media, and cultural tourism [2] - The termination of the major asset restructuring was due to uncertainties in the target company's profitability and significant valuation discrepancies among parties involved [2] - The termination will not adversely affect the company's strategic development or production operations [2] Group 2: Future Plans - The company aims to focus on creating phenomenon-level products, building an industrial chain platform, and establishing an internet ecosystem [3] - Future plans include integrating upstream and downstream cultural industry resources to enhance its business in television, film, variety shows, artist management, and new media [3] - The company does not rule out the possibility of integrating quality target assets in a timely manner [3] Group 3: Recent Developments - The company is in the process of signing a supplementary agreement regarding the delisting of two temples, following approvals from the board and shareholders [3] - The operational status of the recently acquired Century Partners and Zhejiang Xinghe is reported to be normal [3] - The second phase of the company's equity incentive plan has been completed [4] - Upcoming films for the second half of the year include "I Am Li Xuelian" and "Railroad Tigers," with specific release dates to be confirmed [4]