Red Carp Cinema Chain

Beijing Red Carp Digital Cinema Chain Co., Ltd. was established in 2010, with business covering cinema franchising, cinema mergers and acquisitions, cinema operations, equipment/goods sales, internet ticketing platforms, advertising, and film distribution. After 9 years of development, it now has more than 900 franchised cinemas across 22 provinces and municipalities directly under the central government. In 2018, it ranked 15th in the national box office rankings and joined the billion-yuan box office club. Its number of cinemas ranks among the top three nationwide, and its number of county-level cinemas ranks first, making it an undisputed leader in the county-level film industry. In 2014, Red Carp received strategic investment from the A-share listed company Zhejiang Daily Media; in 2017, Red Carp successfully completed a Series B financing of 100 million yuan; in 2018, Red Carp's financing and M&A business fully unfolded, striving to achieve the goal of 100 self-owned cinemas; in 2019, business progressed at full speed, ultimately realizing the sharing of listing dividends for all employees! Corporate mission: Enjoy movies, enjoy life. Corporate vision: To let 400 million county residents watch synchronized movies in cinemas; to build a complete county-level film industry ecosystem; to continuously change and lead the cultural and entertainment lifestyle of county areas. Corporate values: Customer first, pragmatic and enterprising, learning and innovation, teamwork.