China Gezhouba Real Estate and Emperor Cinema signed a cinema cooperation agreement to further expand the high-end cinema market in the mainland

2018-02-02 17:12 0

18 January 2018. Hong Kong) China Gezhouba Real Estate and Emperor Cineplex have signed a cinema cooperation agreement at Emperor Kingview Hotel. Mr. He Jingang, Chairman of China Gezhouba Real Estate, and Dr. Yang Shoucheng, Chairman of Emperor Group, attended the signing ceremony. This marks the opening of a new chapter after China Gezhouba Real Estate and Emperor Group signed a strategic cooperation agreement in November last year.

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Mr. He Jinguang (left), Chairman of China Gezhouba Real Estate, and Dr. Yang Shoucheng (right), chairman of Emperor Group, are full of confidence in their cooperation prospects and hope to jointly expand broader cooperation space. At the signing ceremony, Dr. Yang welcomed Mr. He Jingang and his delegation and expressed high hopes for the future cooperation between the two sides. Dr Young said: "Under this partnership, Gezhouba Real Estate China will be able to capitalise on its comprehensive investment and operation strength in high-quality real estate projects, while we will be able to leverage our extensive experience and advantages in developing top-tier cinemas to further expand the high-end cinema market in the Mainland. We will expand into cities with growth potential, including Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou, Nanjing, Hefei, Suzhou, Wuhan, Chengdu, Sanya and Chongqing, with Wuhan and Nanjing as our initial focus." Dr. Yang also thanked China Gezhouba Real Estate for its support. He added: "The strength of the two companies is strong. If the two companies join hands in the future and plan strategic cooperation, Emperor Group will build and operate the cinema business, which will open an epoch-making new movie-watching experience for the public."

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The cinema cooperation agreement between China Gezhouba Real Estate and Emperor Cinema City was signed by Mr. Wang Tao, Deputy General Manager of China Gezhouba Real Estate, and Mr. Huang Zhihui, Managing director of Emperor Group. Chairman He Jingang also foresees unprecedented success in the cooperation between the two sides. He said: "Our two companies have always had a good foundation for cooperation. Based on the principle of complementary advantages and win-win cooperation, the two sides have established a strategic partnership and actively developed a broader cooperation space through resource sharing. This signing is an important milestone in further deepening the partnership between the two sides. We are willing to continue our efforts, work side by side, and move forward together to realize the great idea of win-win cooperation and common development."

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Mr. He Jingang, Chairman of China Gezhouba Real Estate, Mr. Wang Tao, Deputy General Manager, Mr. Xu Hailun, Assistant General Manager, Mr. Sun Zhiwu, Director of Office Secretariat, The signing ceremony was jointly attended by the Chairman of Emperor Group, Dr. Yeung Suk-shing, Managing Director, Mr. Wong Chi-hui, Group Strategic Development Executive, Mr. Yang Chen-lung, General Manager of Emperor Films, Mr. Yuan Yan-wen, and General Manager, Cinema (China), Mr. Chen Kwok-wei, to open a new chapter in our cooperation.

Source: Corporate press release
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