Zhongnanhong Culture Group Co., Ltd.

Zhongnanhong Culture Group Co., Ltd. is a Chinese company listed on the Shenzhen Stock Exchange since July 2010. Headquartered in Jiangyin, Wuxi City, Jiangsu Province, the company operates primarily in the manufacturing and culture/entertainment sectors. Its largest shareholder is Jiangyin Zhongnan Heavy Industries Co., Ltd., and the de facto controller is Mr. Chen Shaozhong. The company's main business is divided into two categories: cultural industry and metal manufacturing. In the cultural sector, it engages in the investment, planning, production, distribution, and marketing of TV dramas and movies, as well as artist development and brokerage, copyrights operations, and game production. In manufacturing, Zhongnanhong produces metal pipes, flanges, pipe systems, and pressure vessels, which are utilized across various industries, including petroleum, chemicals, and shipbuilding. The company has established a comprehensive cultural industrial eco-chain, integrating resources and subsidiaries to enhance its market position in both sectors.

I．Manufacturing The company is the first listed metal pipe company in China, and the country’s largest metal pipe producer, with its products involved in every aspect of the national economy. II. Culture and entertainment 1. Human resources: Wang Hui, chairman of Datang Brilliant Media Co., Ltd., is the vice chairman of China Television Drama Production Industry Association (CTPIA) who has rich experience in TV drama production and distribution. Chang Jihong, chairwoman of Shanghai Qianyi Zhicheng Culture & Media Co., Ltd., is a prestigious artist broker in China. Wang Xiaodong, chairman of Xinhua Pioneer Culture & Media Co., Ltd., is a powerful influencer in the publication industry. Zhong Deping, chairman of Zhishang Interactive Tech Co., Ltd. and Dai Zhili, chairman of JGgame.net, have widespread influence in the game industry. The company hired Liu Chun, former executive president of Phoenix TV and former CEO of TV.sohu.com, as its chief culture officer; Hong Tao, former general manager of Omnijoi Media Corporation Co., Ltd. as its general manager; and famous music producer Lao Zai as the president of Zhongnan Music. 2. Industrial chain coordination: The company has formed a complete cultural and entertainment industrial chain ranging from development of literature intellectual properties (IPs), TV dramas, and films to game production and derivative products. 3. External cooperation: The company cooperates with Mango Media Communication Co. Ltd. Thanks to its partner’s business ecosystem, the company quickly upgrades its own brand image and position. 4. Financing: The company now focuses on these two main businesses, of which the heavy assets of its manufacturing business may facilitate the financing for its cultural business.