芒果超媒：2024年年度报告

AnnualReport2024 April2025 AnnualReport2024 SectionIImportantNote,TableofContentsandDefinitions TheBoardofDirectors,theBoardofSupervisors,directors,supervisorsandexecutivesoftheCompanyherebywarrantthattheinformationcontainedinthisAnnualReportistrue,accurateandcompleteandthisAnnualReportisfreefromanymisrepresentation,misleadingstatementormaterialomission,andagreetoassumejointandseveralliabilityforthisAnnualReport. CAIHuaijun,PrincipaloftheCompany,ZHANGZhihong,CFOandTAOJinyu,ChiefAccountant,herebyrepresentthatthefinancialstatementscontainedinthisAnnualReportaretrue,accurateandcomplete. AlldirectorsoftheCompanyattendedthemeetingoftheBoardofDirectorsreviewingthisReport. Alertofrisksrelatedtoasharpdeclineinoperatingresults:Duringthereportingperiod,duetothechangesinthepreferentialenterpriseincometaxpolicyapplicabletotheCompany,inaccordancewiththerelevantprovisionsoftheAccountingStandardsforBusinessEnterprises,theCompany reversed certain deferred tax assets,resulting in a net decrease in the net profitattributabletotheshareholdersoftheListedCompanybyRMB420millioninthe2024financialstatements(incomparisontoanetincreaseinthenetprofitattributabletotheshareholdersoftheListedCompanybyRMB1.63billionin2023duetoanincreaseintheamountofdeferredtaxassetsrecognized),which led to a significant decrease in the net profit attributable to theshareholdersoftheListedCompanyin2024ascomparedtothepreviousyear.TherehasbeennomaterialadversechangeintheprimarybusinessandcorecompetenciesoftheCompany,ormaterialriskthatmightimpairtheCompany’sabilitytocontinueasagoingconcern.RefertoSectionII“CompanyProfileandKeyFinancialIndicators-Keyaccountingdataandfinancialindicators”fordetails. ThisReportcontainscertainforward-lookingstatementsregardingfutureplans,developmentstrategiesandotherprojectedmatters,whichdonotconstituteanysubstantialcovenantmadebytheCompanytotheinvestorsandrelatedpersons.Theinvestorsandrelatedpersonsshallbefullyawareof the relevant risks,and understand the differences among such plans,forecasts andcovenants. TheCompanydescribesindetailsthepossiblerisksinitsoperationandcountermeasuresinthisReport.PleaseseeSectionIII“Management’sDiscussionandAnalysis–ProspectsforfuturedevelopmentoftheCompany”. Accordingto the profit distribution proposal approved by the Board of Directors,theCompanywilldistributeacashdividendofRMB2.2(taxinclusive)per10sharestoallshareholdersonthebasisof1,870,720,815shares,withoutdistributinganybonussharesortransferringanycapitalreservetothesharecapital. TableofContents SectionIImportantNote,TableofContentsandDefinitions........................................................................................1SectionIICompanyProfileandKeyFinancialIndicators............................................................................................5SectionIIIManagement’sDiscussionandAnalysis........................................................................................................9SectionIVCorporateGovernance.................................................................................................................................34SectionVEnvironmentalandSocialResponsibility.....................................................................................................53SectionVIImportantEvents..........................................................................................................................................54SectionVIIShareChangesandInformationofShareholders....................................................................................66SectionVIIIPreferenceShares.......................................................................................................................................72SectionIXBonds..............................................................................................................................................................73SectionXFinancialReport.............................................................................................................................................74 ListofReferences 1.FinancialstatementssignedandsealedbythePrincipal,CFOandChiefAccountantoftheCompany; accountants; 3.OriginalsofalldocumentsoftheCompanypubliclydisclosedonthewebsiteforinformationdisclosuredesignatedbytheChinaSecuritiesRegulatoryCommissionduringthereportingperiodandrelatedannouncements;and 4.Otherreferences. Definitions SectionIICompanyProfileandKeyFinancialIndicators I.Companyprofile II.Contactpersonandcontactinformation III.Mediaforinformationdisclosureandplaceforkeepingannualreport IV.Otherrelatedinformation AccountingfirmengagedbytheCompany: SponsorengagedbytheCompanythatperformsthedutiesofongoingsupervisionovertheCompanyduringthereportingperiod: ApplicableN/A FinancialadvisorengagedbytheCompanythatperformsthedutiesofongoingsupervisionovertheCompanyduringthereportingperiod: ApplicableN/A V.Keyaccountingdataandfinancialindicators DidtheCompanyneedtoretrospectivelyadjustorre-stateaccounti