Bona Film Series A financing of 2.5 billion yuan, valued at 15 billion yuan, Ali Tencent led the investment
on December 20th, Bona Pictures Group announced the completion of a round of financing with a total size of 2.5 billion yuan after privatization, which was led by Alibaba Pictures and Tencent. Bona Pictures was delisted from the United States on April 8 to the announcement of round A financing on the 20th, valuing the company at 15 billion yuan.
Beijing time, December 20, 2016, Bona Film Group, a leader in China's film industry, officially announced the completion of round A financing with a total size of 2.5 billion yuan after privatization. This round of financing is led by Ali Pictures and Tencent, and well-known domestic and foreign institutions such as CITIC Securities Goldstone Fund, Procapital, China Plant Enterprise Group, China Bank International Finance Co., Ltd., Industrial and Commercial Bank of China, New Hualian Group and Lihe shares participated. Bona Pictures was valued at 15 billion yuan (pre-investment valuation 12.5 billion yuan) in just eight months between its delisting in the United States on April 8 and today's round A financing announcement. The completion of this round of financing indicates that the capital market is full of confidence in the development prospects of Bona Pictures!
Boehner Film Group founder, chairman and CEO in the winter
strong > a number of heavyweight shareholders, core strategic resources converge strong synergy / strong >
in April this year, Boehner Film Group officially completed the return of privatization. So far, the shareholders of Bona Pictures Group include the original shareholders Ali Pictures, Tencent, CITIC Securities Goldstone Fund, Saifu Capital, Sequoia Capital, Fosun Group, plus the new round of investment announced today by Alibaba Pictures and Tencent. Shareholders of well-known institutions at home and abroad, such as CITIC Securities Gold and Stone Fund, Procapital, China Plant Enterprise Group, China Bank International Finance Co., Ltd., Industrial and Commercial Bank of China, New Hualian Group, Lihe shares and other well-known institutions at home and abroad, together formed a luxurious and high-quality capital investment lineup of Bona Pictures. Alibaba Pictures, Tencent, and CITIC Bank Goldstone Fund have increased their holdings of Boehner again, which also reflects the shareholders' affirmation of Bona Pictures' performance and industrial development layout over the past year and their unswerving confidence in future development.
Yu Yongfu, chairman of Ali Pictures Board and CEO, said: "after years of barbaric development, the domestic film and television industry is entering a phase-out and upgrading cycle. Next year, a large number of film and television enterprises will actively and passively withdraw, which is a challenge to players and an opportunity for industrialists. Our strategic investment in Bona Pictures is based on the recognition of Bona's sustainable profitability, professional vision in film layout and the spirit of being able to make the industry real and thorough. I believe that Ali Pictures and Boehner Pictures will fully cooperate in the relationship of mutual benefit, mutual benefit and mutual trust. Alibaba Pictures will also make use of the resources of the entire platform, together with Bona Pictures, to continue to make breakthroughs on the road of film industrialization in China. "
Lim Hai-Feng, managing partner of Tencent Investment, said: "as a strategic shareholder of Bona Pictures Group, we have full confidence and expectations in its business model, industrial layout and team capabilities. As a first-class veteran film and television company in China, Bona Film Group has made obvious achievements in promoting the development of China's film industry. Next, we will deepen cooperation with Bona Film Group and make efforts in the film industry chain in order to seek the largest range of win-win and omni-directional breakthroughs. "
Boehner Film Group founder, Chairman and CEO Yu Dong: "I aspire to be the most film-focused boss among Chinese entrepreneurs." Bona Pictures has been engaged in the film industry for 17 years, and now it has grown into the most sustainable and largest private film company in China, covering the entire film chain: production, distribution, cinema line, and the expansion of surrounding products and theme parks. The whole Boehner team also maintains the spirit and persistence of fighting for the whole Chinese film industry as always! In this financing, bona Pictures and various investors are bound by common values, and on the basis of mutual high recognition and absolute affirmation, proceed from the long-term and overall situation, take into account the interests of all parties, help each other in business, and rely on strong joint efforts to form synergy. Bona Pictures is willing to be guided by "mutually beneficial symbiosis", based on the spirit of contract, based on each other's value contribution, and work with partners to share risks, benefits, friendship and win-win harmony. "
strong > the valiant Legion creates a benchmarking myth, the balanced layout of the whole industry chain creates value for the industry / strong >
the production and promotion team of Bona Film Group is the main force known as "valiant". Over the past 17 years, the Boehner team has been creating all kinds of box office myths with its indomitable enterprising spirit. So far, it has produced and distributed more than 290 Chinese and foreign films and won more than 420 important film awards at home and abroad. the main investment-controlled film has earned more than 17 billion yuan at the box office in mainland China, and the cumulative overseas sales have reached 250 million US dollars.
Boehner produces and distributes quality films:" Anti-Drug "," Grandmaster 3D ",
Boehner produces and distributes movie genre masterpieces:" I am A passerby "," Peach Sister ",
Boehner's film ace series:" Macau Fengyun "series
Boehner Pictures released 13 films in 2016. These include the annual dark horse film Operation Mekong. With nearly 1.2 billion of the box office, the total annual box office of Boehner's domestic films has reached 3.7 billion yuan, accounting for 9% of the total box office revenue of domestic films in the Chinese film market. Boehner has made indelible meritorious service in order to activate and prosper the Chinese film market. In terms of internationalization, Hollywood imported blockbusters such as Ang Lee's "Billy Lynn's halftime War", last year's "Martian" and this year's "X-Men: apocalypse", "Independence Day: a comeback" and "Miss Pei's fantastic Castle" will all participate in the global share. At that time, Boehner Pictures, which has an impressive record, will break through the 4 billion yuan mark at the box office for the whole year of 2016.
at the same time, in the face of foreign blockbusters, Boehner continues to learn advanced film technology, but also continues to show the strength and dream of Chinese filmmakers to foreign countries. While Boehner is constantly delving into the success of American commercial films, he is also constantly tapping the advantages of Chinese films in content and theme; while Boehner is constantly seeking exchanges and cooperation with Hollywood companies, he is also constantly seeking comprehensive breakthroughs in domestic films. Operation Mekong is a good example. its success has boosted the confidence of a new generation of young people in domestic films. Boehner will also continue to produce domestic blockbusters and strive to explore and develop film stories with Chinese characteristics. Give full play to the greatest professional advantages in the four dimensions of "commerciality, artistry, film technology and humanistic care", and produce more domestic blockbusters for China that can compete with Hollywood films!
since 2016, Boehner has made great efforts and comprehensive layout in cinema business. According to relevant statistics, in 2016, Boehner's cinemas still ranked among the top three cinemas in the country in terms of single house, single screen and single seat output. It occupies a unique advantage in the fierce competitive environment. By early December, Boehner had officially operated 40 cinemas with a total of 325 screens, including 14 Chinese screens and 4 IMAX screens, covering 23 key provinces and cities, including North, Shanghai, Guangzhou, Shenzhen, Northeast, Sichuan, Hunan and Hubei. To be proud of, all of Boehner's cinemas are 100% profitable. In the next five years, Bona Studios will accelerate its development and increase its construction to 100, with a total of more than 800 screens.
Edit: nancy