HBMC(SZ:300027)2023-05-23 11:11Group 1: Film Releases and Performance - "The Wandering Earth 2" directed by Guo Fan was released on January 22, 2023, achieving a cumulative box office of approximately ¥4.025 billion [5][10] - "Rock Dog 3: Ride On" was released on March 11, 2023 [5][10] - "Universe Exploration Editorial Department" was released on April 1, 2023 [5][10] - "Delicious Love" was released on April 15, 2023 [5][10] - "Slam Dunk" was released on April 20, 2023 [5][10] - "The Volunteer Army: Heroic Charge" is scheduled for release during the National Day holiday in 2023 [5][10] Group 2: Upcoming Projects - "Ex-Files 4: Early Marriage" has completed filming and is expected to be released in Q3 2023 [1][5] - "If You Are the One 3" is in preparation for filming, with a planned release in Q4 2023 [1][5] - Several other projects are in various stages of production, including "Special Gift," "Web People," "Parallel Tasks," "Young Rocket," and "Super Mario" [1][5] Group 3: Strategic Focus and Governance - The company is focusing on optimizing resource allocation and divesting non-core assets to support its main business [6][10] - The strategy for high-quality development includes "refining content, improving quality; IP as the core, empowering distribution" [6][10] - The company aims to enhance the quality rate of film projects and innovate in IP content distribution [6][10] Group 4: Financial Health and Risk Management - The company has been actively reducing its interest-bearing debt and maintaining stable relationships with banks [10][12] - The actual controller plans to reduce holdings to repay stock pledge financing, which will not affect the company's control [10][12] - Recent regulatory changes have significantly reduced the risk of delisting for the company [8][12]