About LITIAN PICTURES Company

Litian Pictures Holdings Co., Ltd. (“Litian Pictures” for short) and its subsidiaries (collectively, the “Group”) is a TV drama distribution company. Its business includes the development, production, marketing, and distribution of movies and TV series. The Group was founded in 2013, and currently its main business is producing and buying out TV drama broadcasting licenses. According to Frost & Sullivan's report, in terms of revenue earned in the TV drama market in 2019, we ranked 15th among all Chinese TV drama distribution groups; in terms of the total number of TV series released in 2019, we ranked first with a market share of about 6.9% of all TV drama distribution companies in China; in terms of the number of hours of TV series produced in 2019, we ranked 6th with a market share of about 0.9% among all TV drama production and distribution companies in China. In 2017-2019, we released a total of 120 TV series with different themes. We have rich TV series distribution channel advantages and maintain business contacts with more than 90 mainstream TV channels and online platforms at the provincial and municipal levels. The films we distribute have been successfully shown on CCTV TV series channels, Zhejiang TV, Anhui TV, Shenzhen TV, Tencent Video, iQiyi, Youku and other new media networks. We have an extensive copyright reserve for TV series. Beginning in 2019, we entered the web drama market and collaborated with a third-party TV production company owned by a leading Chinese technology company to co-produce web dramas. We will continue to strengthen our TV drama production and distribution capabilities, focus on producing and distributing more high-quality TV series to leading satellite TV channels, and at the same time invest more resources and actively develop and produce more types of web series to meet the different preferences of young viewers. We are dedicated and professional. We will continue to work to enhance our overall competitiveness and consolidate and enhance our position in the Chinese TV drama market.