January 29，Huayi Brothers Media Co., Ltd. releases 2020 annual performance forecast。Announcement，The company is expected to lose 78 in 2020,532.420,000 188bet online live casino — 98,165.530,000 188bet online live casino，And the loss in the same period last year was 397,769.170,000 188bet online live casino。Estimated company operating income in 2020 130,327.460,000 188bet online live casino — 162,909.330,000 188bet online live casino，Operating income for the same period last year 224,354.560,000 188bet online live casino。

According to the announcement，The reason for the change in performance is that the film, television and cultural 188bet online live casino industries suffered heavy losses during the COVID-19 epidemic。As one of the representatives of the integration of film and television and culture and 188bet online live casino，The company’s main business has suffered a major impact。As understood，During the reporting period，Haikou、Changsha、Suzhou、The four real-life projects in Zhengzhou will gradually resume operations from the end of the first quarter of 2020；Complete the signed Wuhan Zhuoer Huayi Brothers movie town project、Qinhuangdao cultural 188bet online live casino project is being promoted in an orderly manner；Huayi Brothers (Jinan) Cinema City is expected to open in 2021。

It is reported，The company’s net non-recurring profits and losses in 2020-5,258.140,000 188bet online live casino，Net non-recurring gains and losses compared with the same period last year-5,553.Basically the same as 350,000 188bet online live casino，Non-recurring profits and losses for the current period mainly include government subsidies and incentives included in the current profits and losses，Sale of part of Brothers International LLC and Huayi BrothersKorea Co.Ltd (formerly known as Sim Entertainment co.,Ltd) shares, etc. caused by the disposal of gains and losses。

February 1，Shenzhen Stock Exchange issued a letter of concern to Huayi Brothers，Please Huayi Brothers comment on the disclosed "2020 Annual Performance Forecast"，The net profit attributable to shareholders of the listed company is expected to be a loss of 7.900 million to 9.800 million 188bet online live casino，The main reason is the provision for asset impairment for some assets，Verify and provide written explanations on the following matters: 1. Additional explanation of the specific circumstances of the assets to be provided for impairment，Include asset name、Cause、Provision for impairment and reasons for impairment；2. Please combine the current operating conditions of the company’s main business，Indicate whether there is uncertainty about the company’s ability to continue operating；3. Please check yourself and provide additional information about the company directors、Supervisor、Senior Management、The purchase and sale of company stocks by shareholders holding more than 5% of the shares in the past month，Check whether there is insider trading；4. Other matters that the company deems necessary to explain。

Required by Shenzhen Stock Exchange，Please ask the company to provide a written explanation on the above matters，Submit relevant explanatory materials and disclose them to the public before February 8, 2021，And copy to the Listed Company Supervision Office of Zhejiang Securities Regulatory Bureau。