Securities code: 300426 securities abbreviation: Zhejiang Talent Television & Film Co.Ltd(300426) Announcement No.: 2022-009 Zhejiang Talent Television & Film Co.Ltd(300426)
2021 annual performance forecast
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Expected performance of the current period
1. Performance forecast period
January 1, 2021 to December 31, 2021
2. Performance forecast
The estimated net profit is positive and belongs to the following circumstances:
Turn losses into profits
The current reporting period of the project is the same period of last year
Profit attributable to the parent company: 18 million yuan – 27 million yuan, loss: 78.8905 million yuan
Net profit after deducting non recurring loss: 9 million yuan – 13.5 million yuan, loss: 86.0855 million yuan
2、 Performance forecast audit
Zhejiang Talent Television & Film Co.Ltd(300426) (hereinafter referred to as “the company”) this performance forecast has not been audited by certified public accountants. The company has made pre communication with the accounting firm on matters related to the performance forecast, and there is no difference between the company and the accounting firm on the performance forecast.
3、 Explanation of performance change reasons
1. During the reporting period, the company’s film and television drama investment, production and distribution business gradually recovered in an all-round way. In 2021, the company’s operating revenue and gross profit mainly came from the distribution revenue and gross profit of TV series “long wind and waves”, “fragrant mountain leaves are red”, “summer dream Rhapsody” and other projects, as well as the production revenue and gross profit of customized drama “secret in dark grid” on online video platform.
During the reporting period, the company accelerated its business transformation with the support of the actual controller Zhejiang Radio and Television Group (hereinafter referred to as “Zhejiang Radio and television”), and strive to return to the first camp of the film and television industry. As the executive producer, the TV series “Xiangshan Ye Zhenghong” invested and produced by the company was broadcast in the golden file of CCTV comprehensive channel and achieved good ratings, which is an important exploration and breakthrough of the company in TV dramas with major revolutionary history themes.
The company has increased the coordination and linkage with Zhejiang Radio and television. The main business of film and television drama production and distribution of the company has carried out comprehensive and in-depth cooperation with Zhejiang Radio and television’s television stations and new media broadcasting platforms in terms of business coordination and achieved initial results. In addition, the company is preparing to set up a subsidiary in Hangzhou to pilot new businesses such as micro variety, short drama and Chinese video.
2. The amount of non recurring profit and loss of the company in 2021 is about 11.5 million yuan, mainly the government subsidies successively received in previous years, which are transferred from deferred income to current profit and loss.
4、 Other relevant instructions
1. This performance forecast is the result of the preliminary calculation of the company’s financial department and has not been audited by the audit institution; 2. The specific data of this performance forecast will be disclosed in detail in the company’s 2021 annual report to remind investors to pay attention to the information publicly disclosed by the company and pay attention to investment risks.
It is hereby announced.
Zhejiang Talent Television & Film Co.Ltd(300426) board of directors
January 25, 2022
