Litian Pictures 2026 ESG Report: Headcount Down 47%, Emissions at 17 tCO₂e, No Compliance Breaches

Bulletin Express10-30 16:20

Litian Pictures Holdings Limited released its Environmental, Social and Governance (ESG) report for the year ended 30 June 2026, detailing a leaner workforce, modest resource consumption and the absence of compliance infractions across all ESG pillars.

Environmental Performance • Scope 1 emissions were nil, while Scope 2 greenhouse-gas emissions totalled 17.15 tCO₂e, translating to 0.46 tCO₂e per RMB1 million of revenue. • Purchased electricity amounted to 27,085 kWh, or 7.19 kWh per RMB10,000 of revenue; district heat contributed a further 2.62 tCO₂e to indirect emissions. • Water use reached 117.50 m³, equal to 0.031 m³ per RMB10,000 of revenue. • Non-hazardous waste was estimated at 3.00 t, while no hazardous waste disposal was recorded. • No environmental incidents, penalties or complaints were reported. The company aims to cut electricity consumption per employee by 5% in the next reporting cycle.

Social Indicators • Total employees fell to 24 from 45 in the comparative period, a 46.67% contraction; turnover stood at 46.67%. • Workforce composition at 30 June 2026: 50% female, 37.5% aged 30 or below, and 33% based in Beijing. • All staff received training, averaging 6 hours per employee; managers averaged 12 hours. • No work-related fatalities or injuries occurred, and no child or forced labour cases were identified. • Employee benefits include full “six-pillar” social insurance contributions, a welfare committee programme and an equal-opportunity employment framework.

Governance and Supply Chain • The board retains ultimate responsibility for ESG strategy, risk assessment and reporting. An internal ESG governance structure and objective management mechanism are in place. • Eleven suppliers—three in North China, six in East China and two elsewhere—were subject to full lifecycle management, including environmental and integrity reviews; all met the group’s admission standards. • Zero corruption cases or whistle-blowing incidents were recorded, and directors and employees underwent anti-corruption training. • No customer complaints arose, and the group maintained strict protocols for intellectual-property protection and data privacy.

Operational Developments During the period Litian Pictures’ self-produced drama “As Husband As Wife” continued to secure broadcast licences on satellite TV and streaming platforms. The company also began deploying AI-driven short-drama production for its proprietary online video platform.

The report confirms Litian Pictures’ adherence to Hong Kong Stock Exchange ESG disclosure requirements, TCFD recommendations and United Nations Sustainable Development Goals, with all indicators compiled under the principles of materiality, quantification, balance and consistency.

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