Hunan TV & Broadcast Intermediary Co LtdSecond-quarter profit improvement and Dayong Ancient City reopening with good market response indicate recovery in cultural tourism demand.

Dian Guang Media disclosed its 2026 half-year earnings forecast, expecting a net loss attributable to shareholders of the listed company of 50 million to 60 million yuan for the first half, with a second-quarter profit of approximately 32.65 million to 42.65 million yuan. The company stated that the first-half loss was mainly due to a decline in the fair value of held-for-trading financial assets affected by stock price fluctuations. Previously, the first-quarter net loss was 92.6485 million yuan, and the second-quarter performance stabilized and rebounded, indicating improvement in main businesses such as cultural tourism and investment. In the cultural tourism segment, the Dayong Ancient City project in Zhangjiajie reopened on July 10 with good market response. In investment, its subsidiary Fortune Capital manages funds totaling 80 billion yuan, has invested in over 800 companies, and has exited 353, of which 147 have gone public. The company's investment segment adopts a dual-path layout of direct project investment and fund participation. For non-controlled fund investments, returns can only be recognized in current profit or loss after the fund distribution amount exceeds the principal. The relevant fund shares are designated as financial assets measured at fair value with changes included in other comprehensive income, and profits are expected to be gradually released after the fund exits and confirms returns.
Hunan TV & Broadcast Intermediary Co LtdSecond-quarter profit improvement and Dayong Ancient City reopening with good market response indicate recovery in cultural tourism demand.
Fortune Capital's large fund scale and successful exits suggest future profit release from investment portfolio.