Zhejiang Huace Film and TV Co., Ltd.

Zhejiang Huace Film and TV Co., Ltd. is a cultural and creative enterprise established in 2005, focused on the production and distribution of films and television dramas, along with related derivative businesses. The company was listed on the Growth Enterprise Market of the Shenzhen Stock Exchange in 2010, becoming the first publicly traded company in China primarily engaged in TV drama production. It is recognized as one of the largest and most influential private film and television companies in the country, aiming to build a world-class integrated entertainment media group. The company's operations encompass a wide range of activities within the entertainment industry, including the production of over 1,000 TV episodes, more than ten films, and various large variety shows annually. Huace Film and TV has developed an industrialized production model and a comprehensive ecosystem that includes content creation, talent agency services, integrated marketing, game licensing, and international cooperation. With a strong global presence, the company has successfully marketed its content to over 200 countries and regions, establishing strategic partnerships with major international media companies and platforms.

1. Advantage as an industrialized production platform. The company has transformed from a workshop-based production model to an industrialized production model, and formed the business support and management systems that cover underlying data support, research and assessment, and post production. It has become a stable, high-yield platform, with a industry leading position and brand name for blockbusters. 2. Advantage of creative talent. The company has a complete system of talent education and training and advanced production mode of industrialization. The Company effectively reduces the reliance on a single core talent by aggregating resources of creative talents such as producers, directors, screenwriters and artists. 3. Clear Strategy. With video content as the core, the Company develops omnichannel drama, film, variety show at the same time, seeking to penetrate omnichannel and meet the entertainment needs of the largest customer base in the Internet era. 4. Global footprint. The "Hua Theater" has landed in overseas channels, and its licensing covers traditional media, Internet TV, video websites and hotels and in-flight VOD. 5. Business diversification. The Company develops diverse streams of revenues such as integrated marketing, licensing, e-commerce, derivative products, talent agency and actively explores diverse cash flows from contents.