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Guangzhou Jinyi Media Corp

Guangzhou Jinyi Media Corporation engages in the film screening and related businesses in China. It is also involved in theatrical distribution; film and television production; merchandise business; provision of advertising services; and projection equipment and related facilities. The company was formerly known as Guangzhou Jin Yi Movie Investment Group Company Limited and changed its name to Guangzhou Jinyi Media Corporation in December 2010. Guangzhou Jinyi Media Corporation was founded in 2004 and is based in Guangzhou, China.

Price · split & dividend adjusted
News & notes moving 002905.CS
002905.CS

Welcome to Dragon Restaurant box office tops 289 million yuan, film and TV stocks rally

Directed by Wen Muye and starring Shen Teng, Welcome to Dragon Restaurant has quickly become a phenomenon film of the summer season since its release on August 11. As of 3:44 pm on August 12, cumulative box office surpassed 289 million yuan, with real-time box office of 43.26 million yuan ranking first on the daily chart. Beacon Professional Edition's AI forecast raised the film's final box office from 2 billion yuan to 3.214 billion yuan. Based on this estimate, the production side could receive a share of about 1.267 billion yuan. The film boosted activity in the film and television sector. Ruyi Film hit the daily limit for the third time in three days, Beijing Culture hit the daily limit for the third consecutive day, and China Film, Jinyi Film, Happy Blue Ocean, and Enlight Media followed higher. In Hong Kong, Damai Entertainment rose nearly 4 percent, with Morgan Stanley estimating a 70 to 80 percent probability that its share price will rise over the next 15 days. Beijing Culture announced that as a co-producer its investment ratio is relatively low and is not expected to have a significant impact on performance, while major producers such as Ruyi Film and China Film are expected to receive a higher proportion of investment returns.
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