中期報告 2022 Values Cultural Investment Limited 新石文化投資有限公司 (於開曼群島註冊成立的有限公司) 股份代號: 1740 INTERIM REPORT 2022 (Incorporated in the Cayman Islands with limited liability) Stock Code: 1740 Values Cultural Investment Limited 新石文化投資有限公司 目錄 | 公司資料 | 2 | | --- | --- | | 財務摘要 | 4 | | 管理層討論及分析 | 5 | | 其他資料 | 12 | | 中期簡明綜合損益表 | 25 | | 中期簡明綜合全面收益表 | 26 | | 中期簡明綜合財務狀況表 | 27 | | 中期簡明綜合權益變動表 | 29 | | 中期簡明綜合現金流量表 | 30 | | 中期簡明綜合財務資料附註 | 32 | 公司資料 董事會 執行董事 劉乃岳先生 （主席） 蔡曉昕女士 李芳女士 曲國輝先生 許軍先生 非執行董事 邵輝先生 沈毅女士 獨立非執行董事 冼國明先生 鐘明山先生 徐宗政 ...

Financial Performance - The total revenue for the year ended December 31, 2021, was approximately RMB 431 million, a decrease of about 50.8% compared to RMB 876 million for the year ended December 31, 2020[9]. - Gross profit fell approximately 100.8% to about RMB 3 million from approximately RMB 333 million in the previous year[9]. - The net loss for the reporting period was approximately RMB 380 million, a decrease of about 3,197.1% from a net profit of approximately RMB 12 million in the previous year[9]. - Revenue from licensing television drama rights was approximately RMB 362 million, an increase of about 344.5% from RMB 81 million in the previous year[14]. - Revenue from investment in television dramas, web dramas, and films as a non-executive producer was approximately RMB 70 million, a decrease of about 91.2% from RMB 795 million in the previous year[14]. - Total revenue decreased by approximately 50.8% from RMB 87.6 million in 2020 to RMB 43.1 million in 2021, primarily due to changes in broadcasting plans and delays in production caused by the COVID-19 pandemic[17]. - Other income and gains decreased by 78.7% from approximately RMB 71.26 million in 2020 to approximately RMB 15.15 million in 2021, primarily due to government subsidies received in 2020 for the successful listing on the stock exchange[28]. - The net profit decreased by approximately 3,197.1% from a profit of approximately RMB 12 million in 2020 to a loss of approximately RMB 380 million in 2021, resulting in a net profit margin decline from approximately 1.4% to negative 88.0%[36]. Business Operations - The company is currently involved in the production of 2 web dramas and has invested in 4 web dramas, aiming to expand its business with online video platforms[10]. - The company has successfully completed the sale of 1 self-produced and 1 externally purchased television drama during the reporting period[14]. - The company plans to continue exploring opportunities in web drama and online movie production to diversify its revenue sources[10]. - The company has suspended the production of 1 television drama due to market trends and competition, reallocating resources to other business opportunities[14]. - The company participated in the production of 2 web dramas and 1 web movie during the reporting period, adapting to market trends[15]. - The company aims to restore a more proactive business operation and achieve better performance and returns in 2022[15]. - The company is committed to using its resources flexibly to seize new business opportunities in response to market trends[68]. Cost Management - The cost of sales decreased by approximately 20.1% from about RMB 54.3 million in 2020 to about RMB 43.4 million in 2021, primarily due to reduced costs in the non-executive production segment[22]. - Sales costs for the television drama broadcasting rights segment increased by approximately 820.8% from about RMB 4.2 million in 2020 to about RMB 38.3 million in 2021, due to increased revenue from licensing[22]. - Administrative expenses decreased by approximately 8.2% from approximately RMB 159.56 million in 2020 to approximately RMB 146.48 million in 2021, mainly due to a reduction in listing expenses[31]. - Financial asset impairment losses amounted to approximately RMB 27.5 million, primarily due to an increase in long-term overdue trade receivables[32]. Corporate Governance - The board consists of 12 directors, including 6 executive directors, 2 non-executive directors, and 4 independent non-executive directors, ensuring compliance with listing rules[103]. - The company has adopted the corporate governance code as a basis for its governance practices, ensuring adherence to applicable rules since its listing[97]. - The board is responsible for the overall leadership and supervision of the group's strategic decisions and performance monitoring[99]. - The company has established three board committees: audit committee, remuneration committee, and nomination committee to oversee specific areas[99]. - The company has maintained a high level of corporate governance to protect shareholder interests and enhance corporate value[97]. - The company has undergone a change in board composition, with the appointment of a new director effective May 25, 2021[103]. - The company has continuously reviewed and improved its corporate governance practices to ensure compliance with the governance code[97]. Employee Relations - As of December 31, 2021, the group employed 28 full-time employees, an increase from 24 in 2020[56]. - The company promotes a healthy work environment and provides training opportunities to employees, ensuring compliance with labor contract terms[180]. - Employee compensation includes basic salary, position salary, seniority salary, bonuses, special rewards, and insurance benefits, with social insurance contributions based on the previous year's salary[193]. - The company conducts annual health check-ups for employees at a tertiary hospital and provides supplementary medical insurance[197]. - The company organized team-building activities and cultural events, including 1 outdoor team-building event and 2 annual meetings[200]. Environmental, Social, and Governance (ESG) - The company published its annual ESG report covering the period from January 1, 2021, to December 31, 2021, detailing its management policies and performance in environmental, social, and governance aspects[163]. - Key ESG issues identified include product quality, intellectual property protection, customer relationship management, and labor management, among others[170]. - The company aims to ensure sustainable business development while providing stable and long-term returns to shareholders[171]. - The report adheres to the ESG reporting guidelines set by the Hong Kong Stock Exchange, ensuring compliance with regulatory requirements[167]. - The company has established a comprehensive ESG management system involving the board, management, and relevant departments to enhance ESG performance[176]. - The report emphasizes the importance of stakeholder engagement in identifying and prioritizing ESG issues[175].

2021 中期報告 INTERIM REPORT 2021 目錄 | 公司資料 | 2 | | --- | --- | | 財務摘要 | 4 | | 管理層討論及分析 | 5 | | 其他資料 | 12 | | 未經審核中期簡明綜合損益表 | 24 | | 未經審核中期簡明綜合其他全面收益表 | 25 | | 未經審核中期簡明綜合財務狀況表 | 26 | | 未經審核中期簡明綜合權益變動表 | 28 | | 未經審核中期簡明綜合現金流量表 | 29 | | 未經審核中期簡明綜合財務資料附註 | 32 | 公司資料 董事會 執行董事 劉乃岳先生 （主席） 劉佩瑤女士 魏賢女士 李芳女士 許軍先生 曲國輝先生 非執行董事 邵輝先生 沈毅女士 獨立非執行董事 冼國明先生 鐘明山先生 徐宗政先生 劉京平女士 審核委員會 鐘明山先生 （主席） 冼國明先生 徐宗政先生 薪酬委員會 徐宗政先生 （主席） 鐘明山先生 冼國明先生 提名委員會 冼國明先生 （主席） 徐宗政先生 鐘明山先生 安永會計師事務所 （執業會計師） 香港 鰂魚涌 英皇道979 號 太古坊一座27 樓 法律顧問 有關中國法律： 競天公誠律師事務所 中國北京 ...

2020 年度報告 目錄 | 公司資料 | 2 | | --- | --- | | 主席報告 | 4 | | 管理層討論及分析 | 6 | | 董事及高級管理層 | 19 | | 企業管治報告 | 25 | | 環境、社會及管治報告 | 40 | | 董事會報告 | 51 | | 獨立核數師報告 | 67 | | 經審核財務報表 | | | 綜合損益表 | 73 | | 綜合全面收益表 | 74 | | 綜合財務狀況表 | 75 | | 綜合權益變動表 | 77 | | 綜合現金流量表 | 78 | | 財務報表附註 | 80 | | 五年摘要 | 142 | 1 新石文化投資有限公司 2020年度報告 目錄 公司資料 董事會 執行董事 劉乃岳先生 （主席） 劉佩瑤女士 魏賢女士 李芳女士 許軍先生 曲國輝先生 非執行董事 邵輝先生 沈毅女士 獨立非執行董事 冼國明先生 鐘明山先生 徐宗政先生 劉京平女士 董事委員會 審核委員會 鐘明山先生 （主席） 冼國明先生 徐宗政先生 薪酬委員會 徐宗政先生 （主席） 鐘明山先生 冼國明先生 提名委員會 冼國明先生 （主席） 徐宗政先生 鐘明山先生 聯席公司秘書 歐陽銘 ...

新石文化投資有限公司 股份代號：1740 （於開曼群島註冊成立的有限公司） 中期報告 2020 新石文化投資有限公司 Stock code : 1740 (Incorporated in the Cayman Islands with limited liability) Interim Report 2020 目錄 | 公司資料 | 2 | | --- | --- | | 財務摘要 | 4 | | 管理層討論及分析 | 5 | | 其他資料 | 15 | | 未經審核中期簡明綜合損益表 | 29 | | 未經審核中期簡明綜合其他全面收益表 | 30 | | 未經審核中期簡明綜合財務狀況表 | 31 | | 未經審核中期簡明綜合權益變動表 | 33 | | 未經審核中期簡明綜合現金流量表 | 35 | | 未經審核中期簡明綜合財務資料附註 | 38 | 公司資料 董事會 執行董事 劉乃岳先生 （主席） 劉佩瑤女士 魏賢女士 李芳女士 許軍先生 曲國輝先生 非執行董事 邵輝先生 沈毅女士 獨立非執行董事 冼國明先生 鐘明山先生 徐宗政先生 劉京平女士 審核委員會 鐘明山先生 （主席） 冼國明先生 徐宗政先生 薪 ...

目錄 | 公司資料 | 2 | | --- | --- | | 主席報告 | 4 | | 管理層討論及分析 | 5 | | 董事及高級管理層 | 16 | | 企業管治報告 | 23 | | 環境、社會及管治報告 | 34 | | 董事會報告 | 47 | | 獨立核數師報告 | 63 | | 經審核財務報表 | | | 綜合損益表 | 69 | | 綜合全面收益表 | 70 | | 綜合財務狀況表 | 71 | | 綜合權益變動表 | 73 | | 綜合現金流量表 | 74 | | 財務報表附註 | 76 | | 四年摘要 | 136 | 1 新石文化投資有限公司 2019年度報告 公司資料 董事會 執行董事 劉乃岳先生 （主席） 劉佩瑤女士 魏賢女士 李芳女士 非執行董事 邵輝先生 沈毅女士 獨立非執行董事 冼國明先生 鐘明山先生 徐宗政先生 董事委員會 審核委員會 鐘明山先生 （主席） 冼國明先生 徐宗政先生 薪酬委員會 徐宗政先生 （主席） 鐘明山先生 冼國明先生 提名委員會 冼國明先生 （主席） 徐宗政先生 鐘明山先生 聯席公司秘書 歐陽銘賢先生 王海婷女士（自二零二零年四月九日起獲委任） 授權代表 ...