欢喜传媒二零二四年中期报告

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 COMPANY SECRETARY Mr. Choi Wing Koon 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”) has continuedto carefully assess market situations, quickly respond and adjust thepace of releasing films in a challenging market environment. At thesame time, it has maintained sufficient film and television contentreserves, enabling it to consolidate its core competitive advantagesand prepare for recovery of the film and TV industry. Vincent Cassel• During the six months ended 30 June 2024 (the “Period”), the GroupreleasedThe Movie Emperor () andStrangers When We Meet(). Besides, the Group was also actively preparing and hadcompleted post production work of a number of films, includingShe’sGot No Name () directed by Chan Ho Sun Peter and starringZhang Ziyi and Lei Jiayin;Li Na (•) directed by Chan Ho SunPeter and starring Hu Ge, Vincent Cassel and Hao Lei;The Stage () written and directed by Chen Peisi and starring Huang Bo, ChenPeisi, etc.;Unspoken () directed by Chen Daming andstarring Zhang Hanyu, andThe Mountain () directed by Wu Di.During the Period, the Group also took part in investing inDeep In TheMountains (), a drama film written by Wang Zhongyan abouta civil policeman tangled in a missing truck incident;Caught by theTides () directed by Jia Zhangke, talking about changes in theChinese society in a quarter of a century, and the fantasy love storyIntercross () directed by Cheng Er and starring Wang Yibo andWang Chuanjun. The Group firmly believes, armed with rich contentand diverse film productions, it can meet the personal preferences ofdifferent audiences. (Mandibules)(Between Two Worlds)(Contra)(All CreaturesGreat And Small – Season 3(Birds of America)(Vicky and Her Mystery)(Madama Butterfly)(Turandot)(Tenor) With regard to the online video platform, the Group continued toamass quality film and television productions from around the worldfor showing on “huanxi.com”. These productions includedMandibules(), a comedy that was nominated for Best Supporting Actressat the César Awards in France and won the Best Actor at the SitgesInternational Fantastic Film Festival;Between Two Worlds () nominated for The Directors’ Fortnight – Cannes and Best Actressat the César Awards in France;Contra () that snatched theBest Actress Award at Bavarian Film Awards in Germany, and alsoAll Creatures Great And Small – Season 3 (), whichwas shortlisted for Best Foreign Drama at the Shanghai TV FestivalMagnolia Awards. Besides, other exciting films and TV contents thatwere shown on “huanxi.com” includedBirds of America (),which takes the audience down the Mississippi River in the centralUnited States to see the truth about industrialisation destroying forestsand rivers and driving animals into extinction;Vicky and Her Mystery (), which is based on a true touching story of a little girl and awolf rescuing each other, andTenor (), a comedy filmed at theOpéra Garnier and integrating classic opera excerpts fromMadamaButterfly () andTurandot (). MANAGEMENT DISCUSSION AND ANALYSIS FINANCIAL REVIEW Review of Results ()1 1 5 , 2 0 9 , 0 0 01,393,279,00089,049,000400,769,000 During the reporting period, the Group recorded revenue and filminvestment (loss)/income, net of HK$115,209,000 (30 June 2023:HK$1,393,279,000) and a net los