Jetsen(300182)2022-12-05 01:08Financial Performance - In the first half of 2017, the company achieved a revenue of 1.819 billion CNY, representing a year-on-year growth of 32.85% [2] - The net profit attributable to shareholders was 522 million CNY, with a year-on-year increase of 29.49% [2] - The net profit after deducting non-recurring gains and losses grew by over 30% [2] Business Segments - The company maintained a strategic focus on quality customer retention across its business lines, with a strategic contraction in the technology sector [2] - The content production segment met its strategic goals, developing quality products and content [2] - The new media segment has shown significant growth, expanding into digital copyright operations and overseas strategic layouts [2] Content and Copyright Operations - Huashi Wangju's copyright procurement expenditure for the first half of the year was approximately 1 billion CNY, with cash outflow around 700 million CNY due to timing differences [4] - The content inventory of Huashi Wangju includes over 5,000 films, more than 30,000 episodes of TV series, and 300,000 minutes of animation, making it a leader in the new media sector [5] - The company has over 70 partners in the broadcasting sector and collaborates with major telecom operators [4] Market Strategy and Future Outlook - The company aims to align with global standards in audio technology, competing with established players like Dolby [13] - Plans to expand its cloud education platform to 20-30 cities, with a focus on promoting and popularizing its services rather than immediate profitability [14] - The company is involved in the production of major military-themed films, including "Wolf Warrior 2," which has grossed over 2 billion CNY [8] Challenges and Responses - The company is addressing the downturn in the broadcasting information industry by introducing international technologies and forming strategic partnerships [13] - The focus is on long-term strategic layouts rather than short-term profit margins, with an emphasis on overall business development [6]