09958 LITIAN PICTURES

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0.159
+0.026+19.55%

Market Closed Dec 13 16:08 CST

47.70MMarket Cap-0.27P/E (TTM)

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.

Company Profile

Symbol09958

Company NameLITIAN PICTURES

ISINKYG5579G1073

Listing DateJun 22, 2020

Issue Price2.56

Shares Offered75.00M share(s)

FoundedJun 17, 2019

Registered AddressCayman Islands

Chairmanli yuan

Secretaryjieyunwangshixiong fu

Audit InstitutionKPMG

Company CategoryOverseas registration of Mainland Individuals control

Registered OfficeCricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands

Head Office and Principal Place of Business27th floor, Wing On Centre, 111 Connaught Road Central, Sheung Wan, Hong Kong

Fiscal Year Ends06-30

Employees48

MarketHong Kong motherboard

Phone(010)85164862

Emailir@litian.tv

Websitehttp://www.litian.tv

Business Litian Pictures Holdings Co., Ltd. is a Chinese TV series distribution company. The company operates five businesses. The business of buying out TV series broadcasting rights refers to licensing the broadcasting rights of TV series purchased by the company from a third party copyright owner or licensor. The broadcasting rights licensing business for homemade TV dramas is engaged in licensing the broadcasting rights of their own TV series, as well as planning and budgeting, filming and production, and distribution and promotion of their homemade TV series. The TV series distribution agency business is responsible for promoting relevant TV series to TV channels and discussing the terms and conditions of broadcasting rights licenses on behalf of TV series copyright owners or licensors. The company is also in the business of selling copyrights for TV series scripts and investing in TV series.