PDF《A8 New Media Group Limited》

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1 C Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

A8 New Media Group Limited A8新媒体集团有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 800) ANNOUNCEMENT OF THE ANNUAL RESULTS FOR THE YEAR ENDED

31 DECEMBER

2018 FINANCIAL HIGHLIGHTS ? Revenue of the Group for

2018 amounted to approximately RMB151.8 million, representing an increase of approximately 9.1% as compared with

2017 (2017: approximately RMB139.1 million). ? Loss for

2018 of the Group amounted to approximately RMB90.5 million, as compared with a profit of approximately RMB25.0 million in 2017. ? The profit margin ratio of the Group was approximately 44.7% for 2018, which decreased 3.2 percentage point as compared to that of 2017, while it was approximately 47.9% for 2017. ? Strong balance sheet with cash and bank balance and highly liquid short term assets of approximately RMB601.8 million. The board of directors (the Board ) of A8 New Media Group Limited (the Company ) announces the consolidated results of the Company and its subsidiaries (collectively referred to as the Group ) for the year ended

31 December 2018. The results have been reviewed by the Audit Committee of the Company, comprising all the independent non-executive Directors. C

2 C BUSINESS REVIEW FOR

2018 In 2018, driven by games and film &

television industries, the scale of China'

s pan- entertainment core industry continued to grow. Based on The White Book on 2017-2018 Pan-entertainment Industry Ecosystem in PRC published by Analysys, the industrial scale is estimated to reach RMB702.9 billion, an increase of 17.5% over 2017. With the increase of Intellectual Property ( IP ) linkage, the content of single work gradually deepened, the overall value of IP was enlarged through full copyright linkage. This trend also activate incremental users for the market and occupy users'

time through multi-form content. In the future, the pan- entertainment industry will continue to maximize IP value through different IP forms, in order to achieve sustainable and multi-channel monetization. In 2018, the Group kept developing in the industry chain of pan-entertainment field. The Group continued creating new IP contents, associate with the resource in each of the business segments, so as to develop prime IP contents. The following is a review of the development in various business segments of the Group: FILM &

TELEVISION PRODUCTION The Group'

s wholly-owned subsidiary, Jisu Woniu Film &

Television Media (Shenzhen) Co., Limited (极速蜗牛影视传媒 (深圳) 有限公司, A8 Film &

Television ), was established in

2017 and is principally engaged in the business of producing web dramas, videos and films. Web Drama Matchmaker of Great Zhou Dynasty Completed Shooting Matchmaker of Great Zhou Dynasty ( 「大周小冰人」 ), the lightly funny idol costume drama jointly developed and produced by A8 Film &

Television and iQIYI, Inc. ( iQIYI ), was online in March

2019 on iQIYI. Matchmaker of Great Zhou Dynasty is the top ten IP customized web drama of the iQIYI Yunteng Scheme ( 「云腾计划」 ). Investment in Lanlanlanlan Film &

Television Up to