Maoyan Entertainment
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Social Achievements
- Maintained a roughly equal gender ratio among employees (approximately 46.07% male and 53.93% female as of December 31, 2023).
Governance Achievements
- Established a Remuneration Committee to formulate remuneration policies.
- Adopted a Board diversity policy.
- Established three Board committees: Audit Committee, Remuneration Committee, and Nomination Committee.
Climate Goals & Targets
Environmental Challenges
- Legal and policy risks related to content censorship, data security, anti-money laundering, and overseas regulatory compliance.
- Uncertainty in film and television investment, distribution, and promotion due to market trends and competition.
- Market competition risks from evolving entertainment forms and changing consumer behavior.
Mitigation Strategies
- Established a legal department, government affairs department, and hired external legal advisors to manage legal and policy risks.
- Developed a scientific investment methodology and a professional investment project management team to control film and television investment risks.
- Established an intelligent product promotion and distribution system and a user research and survey team to manage market competition risks.