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The Scale and Management of China Film Group Corporation

Since its establishment, China Film Group has carried out business restructuring, asset integration and property rights system reform in accordance with the requirements of modern enterprise system.

Gradually realized the unified development of resources and the unified management of people and property. It has formed a chain operation mode with prominent main businesses, such as film and television creation and production, distribution and projection, management, coordination and service of co-produced films at home and abroad, cinema management, digital production, construction and management of digital cinemas, developing and printing, film import and export, marketing of film equipment, post-film development, CD-ROM production, media operation, advertising, property management and real estate development, and all industries have developed together. At present, China Film Group has 5 wholly-owned molecular companies 1, nearly 30 major holding companies and1movie channel, with total assets of 2.8 billion yuan. In recent years, China Film Group has continuously promoted the shareholding system reform, diversified its investors, continuously enhanced its production scale, operational strength and financing capacity, attracted social capital and overseas capital with its huge tangible and intangible assets, and successively cooperated with many well-known companies at home and abroad.

China Film Group has opened up financing channels in various ways, gained more development space, achieved leap-forward development, gradually established an operating mechanism to meet market demand, promoted industrial development, intensive management, enterprise management, market-oriented operation and modernization, continuously improved its strength, influence and core competitiveness, and built a multi-industry comprehensive development with film and television products as the main body and high technology as the guide; Leading by the state-owned economy, private capital, social capital, overseas capital and other economic components coexist, which is a large-scale film enterprise group with domestic first-class level and international competitiveness. In the large-scale development of the film industry, China Film Group takes film and television creation and production as its top priority, always adheres to the principle of "three closeness", grasps the correct orientation, and enriches and meets the growing spiritual and cultural needs of the broad masses of the people. Through the reorganization and integration of Beijing Film Studio, a national professional children's film studio, China Children's Film Studio and China Film Co-production Company, which has a history of more than 50 years and has shot nearly 1,000 films, the shareholding system reform in the production field has been accelerated, and the production strength and scale of China Film Group have been further enhanced. The total amount of derivative products such as film feature films, TV dramas and TV movies has maintained the national leading level and won international awards.

China Film Group owns, unites and absorbs a large number of excellent film and television creative talents in China, providing them with a good creative environment and quality service, and at the same time supporting and training a group of young directors and providing them with a creative platform. The group has nearly ten thousand employees. China Film Group has set up a number of cinemas through holding, equity participation and joint venture, and signed contracts to join hundreds of cinemas. The annual distribution capacity exceeds 100. China Film Group is the only company in China entrusted by the government with the right to import movies. We have established business relations with more than 400 film companies in more than 0/00 countries and regions in the world, and set up overseas offices in L.A. and Paris respectively, constantly introducing imported films with advanced art and technology to China film audiences. Development and Innovation of Digital Technology China Film Group insists on scientific and technological development as the guide and constantly accelerates the pace of scientific and technological innovation. Hualong Film Digital Production Co., Ltd., which is the largest and fully equipped in China, and China Film Group Digital Cinema Line Co., Ltd., which specializes in the construction and management of digital cinemas, have been established. It has a digital special effects production system, a film-to-HD program production system and the only digital cinema film master production system in China. It has the conditions and foundation to complete the whole process of digital film production and become a national demonstration project of digital film production industrialization. The digital film technology of China Film Group is pressing the pace of digital film development in the world, and it is moving towards full digitalization and scale of production, distribution and projection, which has attracted the attention of peers in the world.

The movie channel under China Film Group is a national professional movie channel, and its average ratings and market share have remained the second in CCTV channel for many years. 9. Chinese and foreign films and various cartoons, art films, science and education films, documentaries, feature films, etc. Broadcast 19 hours every day; Open excellent columns such as China Film Report, The Last Romance and About Good Movies; Successfully hosted and broadcast major film festivals at home and abroad; Pay-per-view movie channel home theater plays 10 movies every day; VOD channel plays 5 movies every day; Established a domestic film library of nearly 2000 films with permanent TV broadcasting rights and network communication rights; Joining the North American TV network with the brand-new attitude of "China Film Channel", playing excellent domestic movies 24 hours a day, has become a window for many overseas audiences to know about China movies.

China Film Group owns the Beijing Film Printing and Video Technology Factory with an annual output of 60 million meters, and China Film Equipment Company, a state-level film and television equipment trading enterprise. There are five large-scale recording studios and recording studios, which can complete SR.D and DTS stereo recording, as well as 30,000 square meters of exterior location and 1000 square meters of costume props library. At present, China Film Group is planning to build a large-scale film and television production base with international advanced level to meet the needs of film and television production at home and abroad. China Film Group actively explores the diversified profit model of film products and accelerates the development and operation of post-film products such as audio-visual products and advertisements. Huayun Film and Television Disc Co., Ltd. has established a main production line and a slave production line for DVD, VCD, CDR and CD, as well as a supporting editing compression system, with an annual output of 70 million copies. At the same time, China Film Group actively cultivates new economic growth points in advertising, real estate development and property management, so as to realize the all-round development of various industries.