Since its establishment, CITIC Culture has invested and developed in seven aspects: film and television production, cinema, culture and entertainment, newspaper management, investment reorganization, advertising business and holding large-scale cultural and sports activities. Established a number of cultural media entertainment enterprises; Created a number of brands that operate products; Holding a number of franchise business qualifications; Engaged in a variety of cultural industries; Invested in a number of cultural, media and entertainment projects. It has formed the management systems of a series of brand enterprises such as Century Global, Century Hero, Century Audio-visual, Century Element, Century Pioneer and Global China Newspaper.
in October 24, Bupa International Appraisal Co., Ltd. in Hong Kong made an overall appraisal of CITIC Culture. The appraisal report concluded that the total commercial value of CITIC Culture was RMB 3.31 billion (note: the total commercial value includes CITIC Culture and the fixed assets of cinema lines and affiliated enterprises; Including the business valuation of various franchise business qualifications; Including the copyrights of the films, TV movies and TV dramas that have been shot; Including the commercial value of intangible assets such as newspapers and magazines operating brands; It also includes the operating income of the enterprises affiliated to CITIC Culture; The quality conditions and industry influence of the management team of the affiliated enterprise; A comprehensive estimate of a series of commercial values such as business prospects and market values of the business projects invested).
with the approval of the state administration of radio, film and television and other government authorities, citic culture holds a number of franchise business licenses, mainly including: film production license, film distribution license, TV drama production license, radio and television program production license, cinema operation license and advertising operation license.
With the approval of the Ministry of Culture and the Ministry of Civil Affairs, CITIC Culture cooperated with relevant units to establish the China Cultural Industry Promotion Association; It is the vice president unit of China Film Foundation, China Film Distribution and Projection Association and Beijing Football Association. And Mr. Li Bolun, the chairman of CITIC Culture, concurrently holds the post of vice president of the above-mentioned organizations. "Citic Culture" will rely on the platform of mass organizations to sort out, develop and integrate the resources of the cultural industry and promote the development of its own cultural industry business.
CITIC Culture holds 5% of the shares of Canada Global China Newspaper Co., Ltd., one of the largest Chinese media in Canada. In 27, Global Hua Bao initiated and established an international organization-Overseas Chinese Media Association, and Global Hua Bao is now the chairman of the association. At present, the Association has more than 5 directors of mainstream Chinese media in five continents, and has held many international cultural media exchanges and seminars in China.
CITIC Culture and Wuzhou Communication Group directly under the the State Council Press Office have signed the Strategic Cooperation Framework Agreement, and jointly established Wuzhou Interstellar Culture Communication (Beijing) Co., Ltd.. Now it has invested in the production of a large-scale multimedia stage play "Nine Songs of Dunhuang". It will be performed at the National Grand Theatre in Beijing at the end of 213, and become a resident performance. Nine Songs of Dunhuang will also set up a "Dunhuang Theater" in Dunhuang City, Gansu Province, and perform Nine Songs of Dunhuang all the year round. "CITIC Culture" and "Wuzhou Communication Group" * * * will jointly establish "Wuzhou Century Media Network Co., Ltd." to engage in the video communication business of Internet broadcasting, movies, TV dramas, news programs and special programs.