About Hengdian Entertainment Company

The company was founded in September 2008. Since its establishment, the company has firmly grasped the country's major opportunities to vigorously develop the cultural industry. Relying on the brand effect of the Hengdian film and television cultural industry, it has rapidly expanded in cities at all levels across the country, and laid out market gaps in Tier 3, 4, and 5 cities ahead of schedule. Through its own advantages of chain management, the company has continuously improved the company's profitability and brand influence, breaking out a unique path of development. On October 12, 2017, the company was listed on the Shanghai Stock Exchange and officially entered the capital market. The company's main business is film and television investment, production, distribution, film screening and related derivative businesses. The company's main products or services are: 1. Film and television investment, production and distribution. 2. Film screening. 3. Sale of products for sale. 4. Post an advertisement. The company's main honors include Zhejiang Trademark Brand Demonstration Enterprise, Jinhua City Outstanding Entrepreneur, 2012-2013 China's Top 50 Entertainment Enterprises, and Companies that paid more than 50 million in taxes in 2019. By the end of the reporting period, the company had a total of 529 cinemas that had opened, with 3,318 screens: 445 asset-linked cinemas and 2,842 screens. In the first half of 2024, 15 new cinemas will be opened, 96 new screens will be added; 2 cinemas will be shut down, and the number of screens will be 11 blocks.