Beijing Kingee Culture Development Co Ltd

Jinyi Culture announced after market close on September 29 that it has signed a cooperation framework agreement with the Yuanmingyuan Administration Office of Haidian District, Beijing. Through its wholly owned subsidiary Beijing Yuewang Culture Co., Ltd., the company plans to carry out a Yuewang and Yuanmingyuan co-branded project, jointly developing and operating gold jewelry and peripheral products for a cooperation period of five years. Beijing Yuewang was established in February 2025 with registered capital of 30 million yuan. As of June 30, 2026, its total assets were approximately 581 million yuan and net assets approximately 467 million yuan. In the first half of 2026, its operating revenue was approximately 236 million yuan and net profit approximately 30.13 million yuan. This is not the first cooperation between the two parties. Jinyi Culture's 2022 annual report shows that the Yuanmingyuan Ruins Park had already been listed among its cultural industry partners, with products such as the Twelve Zodiac Heads Yuanming Auspicious Tiger Gold Bracelet developed. Jinyi Culture will bear joint and several liability to the Yuanmingyuan Administration Office, and the amount under this guarantee is expected not to exceed 1 million yuan, accounting for 0.05 percent of the company's most recent audited net assets. The company cautioned that specific cooperation details will be further implemented in subsequent business agreements and are subject to some uncertainty.

Jinyi Culture released its 2026 interim report, showing total operating revenue of 397 million yuan and net profit attributable to the parent company of 37.3395 million yuan, an increase of 61.613 million yuan compared with the same period last year, achieving a turnaround from loss to profit. Net cash flow from operating activities was negative 20.3478 million yuan. The company's latest asset-liability ratio is 9.37%, ranking first among comparable companies that have disclosed data; gross margin is 36.38%, ranking fifth, up 6.04 percentage points year-on-year, marking four consecutive years of growth. The latest return on equity is 1.73%, up 2.91 percentage points from the same period last year. Diluted earnings per share is 0.01 yuan, an increase of 0.02 yuan year-on-year. The company has 70,400 shareholders, and the top ten shareholders hold 1.025 billion shares, accounting for 38.54% of total share capital.