Leveraging our extensive film library, experienced in-house professional teams and our long-term cooperative relationships with media platforms, we are actively making inroads into the fields of film licensing and drama series production and licensing.

Film

We had a large film library consisting of 757 Chinese films as of June 30, 2022. The library is built mainly to present popular films produced in Hong Kong in the past few decades, which we acquired in 2010 and is currently owned by FSML. We own the right to license all the films in our film IP library for reruns and the rights to produce remakes and remastered copies of some of the films.

Drama Series

To further develop our content production and operation capabilities and diversify our program portfolio, we are actively expanding our business in the field of drama series production and licensing.

We set up a drama series development team in 2018 and produced “Reading Class （阅读课）,” a romantic TV drama series.”Reading Class” is our first original drama series, starring Song Zuer （宋祖儿）, Hou Minghao （侯明昊）, Sun Jian （孙坚） and our managed artist, Chen Bing （陈冰）. We concluded the filming of “Reading Class” in October 2020 and the post-editing process in August 2021. We obtained the TV Series Distribution Permit （电视剧发行许可证） for “Reading Class” by the end of September 2021. It is expected to be released simultaneously on a leading satellite TV network and a leading online video platform in China. It is an industry norm for a drama series to take two years or longer between the conclusion of filming and initial broadcasting.

We own all the IP rights in “Reading Class” and are in the process of negotiating with leading TV networks and online video platforms to license the broadcasting rights. In addition, we co-produced “The Glory and the Dream” （光荣与梦想）, a drama series depicting the social changes in China in the 1920s and 1930s, which was broadcast on Dragon Satellite TV, Beijing Satellite TV and the Top Three Online Video Platforms in China in May 2021.