Chengdu B-ray Media Co Ltd

B-Ray Media announced it plans to use 12 million yuan of its own funds to increase capital in its associate Chengdu Tianfu Film Co., Ltd., and will complete a combined 30 million yuan capital increase plan together with its controlling shareholder Chengdu Media Industry Group Co., Ltd. Tianfu Film will add 30 million yuan in new registered capital this time. After the capital increase, registered capital will rise from 50 million yuan to 80 million yuan. Chengdu Media Industry Group will subscribe 18 million yuan of new registered capital with 18 million yuan in cash, and B-Ray Media will subscribe 12 million yuan of new registered capital with 12 million yuan in cash. Because Chengdu Media Industry Group is B-Ray Media's controlling shareholder, this joint capital increase constitutes a related-party transaction but does not constitute a major asset restructuring. In the 12 months before the disclosure date of this announcement, the company and the same related party and its controlled related legal persons had already conducted related-party transactions totaling 7.7734 million yuan that require cumulative calculation. With the proposed 12 million yuan capital increase, the cumulative amount over 12 consecutive months has reached more than 0.5 percent of the absolute value of the company's most recent audited net assets, so the matter must be submitted to the board of directors for review and disclosed. Financial data show that as of June 30, 2026, Tianfu Film had total assets of 77.8303 million yuan and net assets of 49.4721 million yuan. From January to June 2026, it achieved operating revenue of 7.6763 million yuan and a net loss of 993,500 yuan. In 2025, it achieved operating revenue of 18.6965 million yuan and net profit of 677,100 yuan. B-Ray Media said this capital increase will help optimize Tianfu Film's financial structure and safeguard its investment progress in key film and television projects. After the capital increase is completed, the shareholding ratios of all parties will remain unchanged, with B-Ray Media still holding 40 percent of Tianfu Film and Chengdu Media Industry Group holding 60 percent.