The company's predecessor, Wuhan Daobo Co., Ltd., was approved by the Wuhan Economic System Reform Commission's Wu Sports Reform Commission [1992] No. 44 on October 30, 1992. Three companies, Hainan Hi-Tech Development Corporation, Sanya Hexi City Credit Cooperative, and Hainan Hongsheng Industrial Co., Ltd. were the main sponsors, and a limited company established through targeted fundraising. The company's main business includes the film industry, TV drama industry, cinema industry, and advertising media industry. Corporate honors: The boutique drama “Poison Hunter” filmed by the company won the 2018 “Outstanding Repertoire of the Year” award from the China TV Drama Production Industry Association; “Outstanding TV Drama Award”, “Gold Medal Producer Award”, and “Most Promising Emerging Director Award” at the 2018 American Asian Film Festival; “Quality Drama of the Year” at Oriental TV TV 2019, and Guangxi TV's “2018 Most Socially Influential TV Series”, starring Yu Hewei won the “AAA Best Asian Actor Award” at the 2018 ATF Asia TV Forum quality The festival “Strong Acting Drama Star of the Year”.
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