宋城演艺发展股份有限公司2020年年度报告（英文版）（254页）.PDF

1、2020 Annual Report of Songcheng Performance Development Co.,Ltd 1 Songcheng Performance Development Co.,Ltd 2020 Annual Report April 2021 2020 Annual Report of Songcheng Performance Development Co.,Ltd 2 Section I Important Notes,Contents And Definitions The Board of Directors,the Board of Superviso

2、rs,directors,supervisors and senior management members of the Company hereby guarantee that the information presented in this annual report is authentic,accurate,complete and free of any false records,misleading statements or material omissions,and they will bear liabilities regarding this report.Zh

3、ang Xian,Chief Executive Officer(CEO),Chen Shengmin,chief accountant,and Zhu Shana,head of accounting department(Accounting Officer)hereby declare and warrant that the financial statements in the annual report are authentic,accurate,and complete.All directors attended the meeting of the Board of Dir

4、ectors for deliberation of this annual report.There are specific reasons for the sharp decline in the Companys performance during the reporting period.Risk factors that may exist in the production and operation of the Company and countermeasures,have been detailed in the sections I.Overview and IX.P

5、rospects for Future Development of the Company of Section IV Discussion and Analysis on Business Situation of this report.Investors should be mindful to investment risks.The content concerning the future plan and performance forecast,if any,in this report shall not constitute the Companys commitment

6、 to investors and relevant persons.Investors should maintain adequate risk awareness and must understand the differences between the plans,forecasts and commitments.1.Risks of Natural Factors and Social Factors The natural and social factors such as major natural disasters,public health emergencies