FilingReader Intelligence

Guizhou Network corrects risk announcement, adjusts 2024 revenue data

September 26, 2025 at 09:30 AM UTCBy FilingReader AI

Guizhou Broadcasting & TV Information Network (the "Company") announced a correction to its "Announcement of Risks Associated with Stock Trading" originally published on the Shanghai Stock Exchange website on September 24, 2025. The company stated that the original announcement contained an error in its production and operations risk section, specifically regarding the financial year presented.

The corrected announcement clarifies that the relevant financial data pertains to the 2024 fiscal year, not 2025 as initially stated. For the 2024 fiscal year, the company's operating revenue was CNY 1,596,259,065.48, a decrease compared to the previous year. Net profit attributable to shareholders of listed companies was -CNY 1,084,247,001.94, with a 21.71% reduction in losses year-over-year.

Furthermore, the corrected figures show that the net profit after deducting non-recurring gains and losses attributable to shareholders of listed companies was -CNY 1,194,266,119.58, representing an 18.17% reduction in losses compared to the same period last year. Basic earnings per share were -CNY 0.89. The company apologized for any inconvenience caused and pledged to strengthen internal audit processes for information disclosure.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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