欢喜传媒二零二三年中期报告

CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr. Dong Ping(Chairman)Mr. Xiang Shaokun, Steven(Chief Executive Officer) Non-Executive Directors Mr. Ning HaoMr. Xu ZhengMs. Li Ni Independent Non-Executive Directors Mr. Wong Tak ChuenMr. Li XiaolongMr. Wang Hong AUDIT COMMITTEE Mr. Wong Tak Chuen(Chairman)Mr. Li XiaolongMr. Wang Hong REMUNERATION COMMITTEE Mr. Wang Hong(Chairman)Mr. Dong PingMr. Li Xiaolong NOMINATION COMMITTEE Mr. Wang Hong(Chairman)Mr. Dong PingMr. Li Xiaolong INDEPENDENT AUDITOR PricewaterhouseCoopersCertified Public AccountantsRegistered Public Interest Entity Auditor CORPORATE INFORMATION REGISTERED OFFICE Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10, Bermuda Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10, Bermuda HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 1611 11th FloorFar East Finance Centre16 Harcourt RoadAdmiralty, Hong Kong PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE MUFG Fund Services (Bermuda) Limited4th Floor NorthCedar House41 Cedar AvenueHamilton HM 12, Bermuda MUFG Fund Services (Bermuda) Limited4th Floor NorthCedar House41 Cedar AvenueHamilton HM 12, Bermuda HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 18317M Computershare Hong Kong Investor Services Limited17M FloorHopewell Centre183 Queen’s Road EastWanchai, Hong Kong STOCK CODE 1003 1003 WEBSITES www.huanxi.comwww.irasia.com/listco/hk/huanximediawww.huanximedia.com www.huanxi.comwww.irasia.com/listco/hk/huanximediawww.huanximedia.com INVESTOR RELATIONS CONTACT info@huanxi.com info@huanxi.com MANAGEMENT DISCUSSION AND ANALYSIS BUSINESS AND OPERATION REVIEW Huanxi Media Group Limited (the “Company” or “Huanxi Media”,together with its subsidiaries, collectively, the “Group”) seized onopportunities arising from the relaxation of anti-pandemic policiesin China during the six months ended 30 June 2023 (the “Period”).The film,Full River Red (), invested and lead produced by theGroup, was strategically released in cinema circuits during the ChineseNew Year holiday. Directed by Zhang Yimou and starring Shen Teng,Jackson Yee, Zhang Yi and Lei Jiayin, the film generated impressivebox office receipts and commendable feedback, and contributedsignificant revenue to the Group in the first half year. According tothe data from Maoyan Professional Edition, the film’s total box officereceipts amounted to RMB4,540 million, placing its sixth on the boxoffice chart in China’s film history. It also topped the box office chartfor the Chinese New Year holiday of 2023. 45.4 Vincent Cassel•21 Taking a proactive approach to preparation and production, the Grouphas completed the post production stage of several films which arescheduled for debut on cinema screens in the second half of 2023or in 2024, including,Papa (), which has already been releasedthis August, produced by Huang Bo, written and directed by Su Liangand starring Huang Bo, Shan Yu Hao, Yan Ni, Janine Chang and ZhangZixian;Li Na (•), directed by Chan Ho Sun Peter and starringHu Ge, Vincent Cassel and Hao Lei;The Movie Emperor ()(formerly known asRed Carpet ()), directed by Ning Hao andstarring Andy Lau;Call Me Crazy (), directed by Gu Changwei andstarring Ge You and Karry Wang;Unspoken () (formerlyknown asUnspoken ()), directed by Chen Daming andstarring Zhang Hanyu;Strangers When We Meet (), directedand written by Zhang Guoli and starring Zhou Dongyu;Evacuate fromthe 21st Century (21), directed by Li Yang and starringZhang Ruoyun and Zhong Chuxi; andThe Mountain (), producedby Wang Xiaoshuai and directed by Wu Di. The Group’s diversifiedfilms have been able to meet the customization demanded by differentaudiences, and also guarantee the generation of box office receipts. Flash Forward(Tigers)(Night of the Kings)(PetiteMaman)(Feathers)71(Azor) With regard to the online video platform, the filmFull River Red () has been shown on “huanxi.com”, the Group’s online videoplatform, after theater screenings. The Group has continued to upholdthe principle of selecting high-quality film and television contentat home and abroad. Excellent overseas movies were exclusivelylaunched on “huanxi.com”, such asTigers (), winner of theFlash Forward Award at the Busan Film Festival;Night of the Kings (), nominated for the Tiantan Award at the Beijing InternationalFilm Festival;Petite Maman (), nominated for the Golden BearAward at the Berlin International Film Festival;Feathers (), thefirst Egyptian movie that won the Critics’ Week Grand Prize at theCannes Film Festival; andAzor (), which was shortlisted for theEncounters section of the 71st Berlin International Film Festival. MANAGEMENT DISCUSSION AND ANALYSIS FINANCIAL REVIEW Review of Results 1,393,279,00014,573,000400,769,00093,579,000 During the reporting period, the Group recorded revenue andfilm investment income, net of HK$1,393,279,000 (30 June 2022:HK$14,573,000), sharply increase approximately of 95 times; andturnaround from loss to profi