Alibaba Pictures 'holding company joins hands with China Giant Screen to build 20 new theaters within three years

On March 18, China Film Digital Giant Screen (Beijing) Co., Ltd. reached a strategic cooperation intention with Nanjing Perry Cinema Management Co., Ltd., controlled by Alibaba Pictures Group, and officially signed a strategic cooperation agreement at Qingdao Galaxy Happy Studios.

Original title: China Giant Screen and Alibaba Pictures Holding Company Nanjing Perry have reached strategic cooperation. The two parties will build 20 new China Giant Screen theaters within three years

. On March 18, China Film Digital Giant Screen (Beijing) Co., Ltd. and Nanjing Perry Cinema Management Co., Ltd., which is controlled by Alibaba Pictures Group, reached a strategic cooperation intention and officially signed a strategic cooperation agreement at Qingdao Galaxy Happy Studios. The two sides plan to jointly deploy 20 sets of China giant screen projection systems in the next three years, which will bring excellent giant screen viewing effects and extraordinary sound experience to more movie-loving audiences, and further expand the domestic market share of China giant screen.

Mr. Chen Jingmin, General Manager of China Film Digital Giant Screen (Beijing) Co., Ltd., and Mr. Lei Ming, General Manager of Nanjing Perry Cinema Management Co., Ltd., were at the signing ceremony.

Mr. Chen Jingmin, General Manager of China Film Digital Giant Screen (Beijing) Co., Ltd., delivered a speech. China Film Digital Giant Screen

(Beijing) Co., Ltd. was organized and established by China Film Corporation, focusing on the research and development and operation of high-end giant screen format projection systems. The company's "China Giant Screen" system has independent intellectual property rights. Its ultra-large screen, immersive multi-dimensional stereo system and tailor-made theater structure can provide viewers with an immersive first-class movie viewing experience.

Since 2014, the total number of screenings in China's Giant Screen Cinema has exceeded 550,000, with more than 30 million movie-goers and a total box office exceeding 1.3 billion. Since it was officially put into commercial operation in April 2012, China Giant Screen has produced exclusive masters for nearly 380 domestic and imported films.

Qingdao Galaxy Happy Studios is located on the third floor of Jinshi International Plaza, No. 157 Jinggangshan Road, Huangdao District, Qingdao City. It is a high-end star-rated standard studio built by Nanjing Perry Cinema Management Co., Ltd. with an investment of 18 million yuan. It has always adhered to advanced internationalization and personalized service concepts, as well as unique and novel studio construction concepts.

The audio-visual facilities of the studio bring together the latest technology in today's China film screening industry. The first China giant screen movie hall in Huangdao District, jointly built with China giant screen, will use its super visual impact and wonderful sound experience to allow the audience to thoroughly enjoy unparalleled audio-visual enjoyment and shocking effects beyond imagination in a perfect and dreamy film journey.

The strategic investment cooperation between China Giant Screen and Nanjing Perry continues to expand the application of China Giant Screen System in the domestic modern high-end cinema market, fully meets the needs of more audiences for high-quality Giant Screen Films, and provides a good opportunity for the long-term development of both parties.

Editor: yvette