Huayi Tencent Entertainment Company Limited (“Huayi Tencent Entertainment”, HKSE: 00419) is a new media company integrating culture and entertainment. We produce quality international films, animations and TV dramas, and invest in international entertainment companies through M&A and resource integration, aiming at building an integrated platform with both content development and online-to-offline entertainment channels. Currently, Huayi Brothers Media Corporation (SZSE: 300027) and Tencent (HKSE: 00700.HK) are the controlling shareholders of Huayi Tencent Entertainment.
Through Huayi Brothers’ and Tencent’s rich resources in contents and new media Holdings Ltd, Huayi Tencent is able to capitalise on international investment opportunities. On 23 March 2016, we announced the proposed investment in HB entertainment, a prominent Korean entertainment and agency company. In Hollywood, where Chinese cultural influences and themes have been successful lately, Huayi Tencent Entertainment has invested a number of film and animation projects. Our latest investment, a 3D animated film “Rock Dog”, is scheduled to distribute in the US by Lion Gate Entertainment (NYSE:LGF) in February 2017.
In additions, Huayi Tencent Entertainment also operates an online to offline, “O2O,” health management solutions platform in China, which includes “Kangxun Xuetang” a-cloud-based health management service platform.