Hengdian Entertainment Co., Ltd (China)

Hengdian Entertainment Co., Ltd, also known as Hengdian Film and Television, is a company located in Dongyang, China. It was established in September 2008 and is primarily engaged in film and television investment, production, distribution, screening, and related businesses. The company has taken advantage of the significant opportunities presented by the government's emphasis on developing the cultural industry. It has rapidly expanded its presence in various cities across the country, including third, fourth, and fifth-tier cities, and has achieved success through its chain operation model. On October 12, 2017, the company successfully went public on the Shanghai Stock Exchange. Over the years, Hengdian Entertainment has developed into a leading chain service enterprise with a comprehensive operational standard system and unified business strategy. It has established strong control and operational capabilities for its cinema headquarters and theaters, forming a management model suitable for its rapid development. With its ability to expand across regions and operate chains, the company's business scale has continued to grow, and its industry position has steadily improved. As of December 2022, the company's self-operated cinemas have achieved box office revenue of 1.15 billion yuan, ranking second among domestic film investment companies. In December 2020, the company acquired Hengdian Group's content assets, including Hengdian Film Production Co., Ltd., and Zhejiang Hengdian Film Co., Ltd., forming a complete industrial chain that includes film and television investment, production, distribution, and screening. The company's productions, such as "Send You a Little Red Flower," "Hi, Mom," "Life's Big Events," "Walking to the Moon," "Boonie Bears: The Wild Life," and "Boonie Bears: Blast into the Past," have achieved impressive box office results and received positive reviews. Particularly, "Hi, Mom" surpassed 5 billion yuan in box office revenue, ranking second on the Chinese film box office chart, demonstrating the initial success of its expanded industry chain. In 2022, five of the company's works, including the film "Send You a Little Red Flower" and the TV series "Tian," as well as co-produced films "Me and My Motherland," "Me and My Father's Generation," and "Peak Explosion," were selected as excellent works in the 16th Five-One Project by the Central Propaganda Department of the Communist Party of China. Hengdian Entertainment's rapid development and sound operation have been widely recognized and highly praised by leaders, departments, and various sectors of society. The company is the president unit of the Zhejiang Film Projection Association and the vice president unit of the Zhejiang Cultural Industry Promotion Association. It has received honors such as the Zhejiang Province Key Cultural Enterprise, Zhejiang Province Trademark Brand Demonstration Enterprise, Top 10 Growing Enterprises in Jinhua City's Cultural Film and Television Fashion Industry, Excellent Enterprise in Jinhua City, Top 50 Chinese Entertainment Enterprises, Brand Value Pioneer Award, Top 10 IPOs in 2017, and Top 30 Internal Control of Listed Companies in Zhejiang Province.