Shanghai SFC-Bailian Cinema Management Co Ltd. is a joint venture established in September 2015. It mainly focuses on cinema investment management, and also offers technical development and consulting services as well as technology transfer for TV and films. The company has two shareholders, Shanghai Film Corporation (SFC) and Shanghai Bailian Group (Bailian ). SFC is a film distribution and screening enterprise, which owns Shanghai United Circuit, a leading cinema line with 250 cinemas and 1,300 screens nationwide; Shanghai Bailian Group is a large state-owned retail enterprise whose main business includes department stores, supermarket, shopping malls and outlet. The company also owns real estate covering the whole industry chain. By leveraging both sides, Shanghai SFC-Bailian Cinema Management Co. Ltd. aims to become a professional platform operating 20 cinemas within three years.
News Article | December 1, 2016
SHANGHAI, Dec. 1, 2016 /PRNewswire/ -- IMAX Corp. (NYSE:IMAX) and IMAX China Holding, Inc. (HKSE: 1970) today announced an agreement with Shanghai Film Corporation (SFC) and SFC-Bailian Cinema Management Co., Ltd. (SFC-Bailian) for three new IMAX® theatres in China. An IMAX theatre will...