Gelonghui, January 30丨Beijing Culture (000802.SZ) announced its 2023 annual results forecast. Net profit loss attributable to shareholders of listed companies during the reporting period was RMB 25 million to RMB 290 million, with a loss of 61.3048 million yuan for the same period of the previous year; net profit loss of 150 million yuan to 190 million yuan after deducting non-recurring profit and loss; loss of 78.4438 million yuan for the same period last year; basic earnings loss per share of 0.3492 yuan/share — 0.4051 yuan/share loss; operating income of 56 million yuan to 620,000 yuan After deduction, operating income was 560 million yuan to 620 million yuan.

During the reporting period, the company's revenue and operating costs increased significantly year-on-year, mainly due to the release of the company's film “Fengshen Part 1: Morning Song Fengyun” and received high box office revenue. Among them, “Fengshen Part 1: Morning Song Fengyun” received 2.62 billion yuan in box office, and the revenue attributable to the company was about 540 to 600 million yuan. Due to the long film production cycle and intense summer competition, the direct and indirect costs of film production, promotion, and distribution were high, and the operating costs attributable to the company were about 61-67 million yuan. The film “Fengshen Part 1: Morning Song” brings together top production teams and main creative lineups at home and abroad. After ten years of refinement and ingenuity, it is the first film in Chinese film history to be created using a three-part continuous production model, and has won many awards such as the “Best Feature Film Award” at the 36th Chinese Film Golden Rooster Awards.

According to the “Accounting Standards for Chinese Enterprises”, in accordance with the principle of prudence, the company accrued losses on some litigation matters during the reporting period, causing the company to reduce consolidated profit by 100 to 110 million yuan.