柠萌影视二零二五年中期报告

股份代號 Stock Code : 9857(Incorporated in the Cayman Islands with limited liability)（於開曼群島註冊成立的有限公司） INTERIM REPORT2025 Contents 2Corporate Profile3Corporate Information7Financial Highlights8Management Discussion and Analysis20Corporate Governance and Other Information 50Unaudited Interim Condensed ConsolidatedStatement of Profit or Loss and OtherComprehensive Income 51Unaudited Interim Condensed ConsolidatedStatement of Financial Position 53Unaudited Interim Condensed ConsolidatedStatement of Changes in Equity 55Unaudited Interim Condensed ConsolidatedStatement of Cash Flows 56Notes to Unaudited Interim CondensedConsolidated Financial Information Corporate Profile IP Linmon Media Limited (the “Company”, together with its subsidiaries(including the consolidated affiliated entities of the Company), collectivelyreferred to as the “Group”, “our Group” or “we”) is a company focusingon creating premium original drama series based on our abundantreserve of original IPs. 2014IP With the mission and vision of “shaping content by people, and shapingpeople with content”, since our inception in 2014, our Group has beendedicated to the full value chain of operations including investment,production, distribution, promotion, and derivatives licensing of dramaseries. Our main business lines cover the long original drama series,short drama series, content marketing and other businesses (includingdeveloping, producing and distributing films, investing in drama seriesas a non-executive producer, and licensing our IP derivatives adaptationrights, etc.). 202562624IP By the end of June 2025, our Group has produced and distributed a totalof 26 high-quality drama series. 24 of them are original drama series inwhich we acted as the lead/sole investor and the executive producer, andwe therefore own proprietary rights of these drama series. They includeday-to-day life themed drama series such as “A Love for Separation”(),“A Little Reunion”(),“A Little Dilemma”(), “Nothing but Thirty” (), “Twenty Your Life On”() series, “Nothing But You” (), “The Heart”(), “My Boss” () and “In Between” (), ancient costume themed drama series such as “A Dream withina Dream”,“A Journey to Love” () and“Novoland: Eagle Flag” (), and suspense themed dramaseries such as “Under the Skin” () series and “NobodyKnows” (), which focus on popular contemporary topicssuch as family life, education and female empowerment, deliveringpositive value propositions and inspiring extensive discussion. Upto now, our Group has abundant original IP reserve and high-qualitycontent products, allowing our Group to become the top brand inthe industry. IPIP Furthermore,our Group is committed to our diversified growthstrategies by continuing to explore new growth avenues such ascontent marketing, short drama series, overseas business and IPderivative development, in order to maximize the commercial valueof our proprietary IP rights and build a diversified business structure,thereby reinforcing our leadership in the industry. Corporate Information DIRECTORS Executive Directors Mr. Su Xiao(Chairman of the Board and President)Ms. Chen FeiMs. Xu Xiao’ou Non-executive DirectorsMs. Wang JuanMr. Zhang Rong Independent non-executive Directors 20257102025710 Ms. Long Yu(Resigned on 10 July 2025)Mr. Jiang ChangjianMs. Tang SonglianMs. Liang Ning(Appointed on 10 July 2025) (ACGHKACG) JOINT COMPANY SECRETARIES Ms. Li ZhenMs. Ng Ka Man(ACG, HKACG) AUTHORISED REPRESENTATIVESMr. Su XiaoMs. Li Zhen AUDIT COMMITTEE 20257102025710 Ms. Tang Songlian(Chairman)Mr. Zhang RongMs. Long Yu(Resigned on 10 July 2025)Ms. Liang Ning(Appointed on 10 July 2025) NOMINATION COMMITTEE 20257102025710 Mr. Su Xiao(Chairman)Ms. Long Yu(Resigned on 10 July 2025)Mr. Jiang ChangjianMs. Liang Ning(Appointed on 10 July 2025) REMUNERATION COMMITTEE 20257102025710 Ms. Long Yu(Chairman) (Resigned on 10 July 2025)Ms. Liang Ning(Chairman) (Appointed on 10 July 2025)Mr. Su XiaoMr. Jiang Changjian Corporate Information REGISTERED OFFICE Suite #4-210, Governors Square23 Lime Tree Bay AvenuePO Box 32311Grand Cayman KY1-1209Cayman Islands Suite #4-210, Governors Square23 Lime Tree Bay AvenuePO Box 32311Grand Cayman KY1-1209Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN CHINA 9931 31/F, Suhe CentreNo. 99 North Shanxi RoadJing’an DistrictShanghaiPRC PRINCIPAL PLACE OF BUSINESS IN HONG KONG 1231 31/F, Tower Two, Times Square1 Matheson StreetCauseway BayHong Kong AUDITOR 191001-1010 Moore CPA LimitedCertified Public AccountantRegistered Public Interest Entity AuditorRoom 1001-1010, North TowerWorld Finance Centre, Harbour City, No.19 Canton RoadTsim Sha Tsui, Kowloon, Hong Kong LEGAL ADVISOR 127 As to Hong Kong laws:Clifford Chance27/F, Jardine HouseOne Connaught PlaceCentralHong Kong CAYMAN ISLANDS PRINCIPAL SHAREREGISTRAR AND TRANSFER OFFICE Osiris International Cayman LimitedSuite #4-210, Governors Square23 Lime Tree Bay Avenue, PO Box 32311Grand Cayman KY1-1209Cayman