Fengdeli Holdings Limited (the “Company”) is a member company of Lai Sun Group (established in Hong Kong since 1947). The Company is an investment holding company. The main business of its subsidiaries includes production and distribution of movies and TV shows, music production and publishing, management and production of concerts, artist management and theater operations. Since March 16, 2023, Media Asia Group Limited (“Media Asia”, formerly “Rojam Entertainment Holdings Limited”) has become a wholly-owned subsidiary of the Company. Media Asia is one of the leading Chinese-language entertainment groups in Greater China. The main business of Media Asia and its subsidiaries includes the production and distribution of movies and TV shows, music production and publishing, management and production of concerts, and artist management. Since November 2018, Universal Asia Group Co., Ltd. (“Global Asia Group”, formerly “Kadokawa State Group Co., Ltd.”) has become a subsidiary of the Company with 95% interest. Global Asia is one of Hong Kong's major film distributors and one of the leading multi-theater operators.