Marbridge Daily

<- March 29, 2010 ->

Huayi Brothers Exploring Gaming Sector

Sina Tech, 3/27/10

Wang Zhongjun, chairman of domestic film company Huayi Brothers (300027.SZ), revealed recently at the 2010 China (Shenzhen) IT Leadership Summit that Huayi Brothers is looking at online gaming projects and is in discussions to cooperate with certain companies, adding that the company may make acquisitions or investments.

Wang said that Huayi Brothers will be raising funds to enter the online gaming and movie theater businesses.

Editor's Note: For more background on this topic, please see "Rumor: Huayi Brothers to Enter Gaming Market" MD 12/16/09 issue.

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