综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Companies

Fosun to seek gold on the silver screen

By Wei Tian in Shanghai and Huang Ying in Beijing (China Daily) Updated: 2014-07-31 07:16

Conglomerate joins Shanghai Film Group to produce, distribute movies

Private conglomerate Fosun Group and State-owned Shanghai Film Group on Tuesday announced the establishment of a joint investment fund to tap into opportunities in China's burgeoning film and entertainment market.

The fund will be used as a platform to cooperate in such areas as film and television production, distribution, screening and development of derivative products, according to a statement on Fosun's official website.

Fosun to seek gold on the silver screen
Fosun Group inks airport deal in Greece
Fosun to seek gold on the silver screen 
Fosun and SFG will invest in and import domestic and foreign films as well as TV shows. Meanwhile, the two firms also are looking into acquiring cinema assets, "to fully explore industrial opportunities in the explosive growth of China's film market," the statement said.

The statement didn't reveal the size of the fund, nor the details of its future investment.

"By combining Fosun's resources and financial strength with our industry experience and operational capacity, we can practice forward-looking strategies," said Ren Zhonglun, president of SFG.

"At the same time, partnering with Fosun will also play an active role in the reform process of SFG," Ren said.

Last year, Shanghai issued a reform plan of large State-owned enterprises, aimed at fostering several globally competitive companies within the next five years. As one of the biggest film companies in China, SFG also is looking to head a leading film group in the international market.

SFG is building a major film studio in Shanghai in cooperation with UK-based Pinewood Studios, which is the shooting base for the James Bond films. SFG also is looking to become the nation's first State-owned film company to be listed in the A-share market.

On the other side, as China's leading private investor, Fosun also is expanding rapidly into the film sector in addition to its pharmaceutical, real estate and insurance businesses. In June, it signed an agreement to invest in Hollywood film company Studio 8; it also is the second-largest shareholder of Beijing-based Bona Film Group, with a 20.8 percent stake.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
兴国县| 兴宁市| 桑植县| 壤塘县| 凤翔县| 珠海市| 于田县| 榆树市| 阿拉善左旗| 同江市| 北辰区| 疏勒县| 汉源县| 宜都市| 临安市| 通山县| 凤凰县| 土默特左旗| 汤阴县| 鹿泉市| 深州市| 石嘴山市| 巧家县| 亚东县| 平江县| 门源| 满洲里市| 大方县| 星座| 白山市| 怀化市| 龙陵县| 玉门市| 工布江达县| 黄石市| 甘孜| 吕梁市| 三台县| 长寿区| 墨竹工卡县| 牙克石市|