Culture & Entertainment_New Commerce_Core Industries

Culture & Entertainment

Council International

Established in October 2005, Beijing Council International Auction Company Ltd. (Council International) is the first auction company to have ever entered the A-share stock market and also the third largest cultural relics and artworks auction company in China. As a leader in artwork trading, Council International has opened branches in many places such as Shanghai, Hong Kong, Taipei, Japan and North Amercia, with which its has formed an operation system for auction of cultural relics and artworks such as Chinese calligraphy and painting, valuable chinaware and jade, contemporary artworks and artware and jewelry, whose business covers the entire Asia-Pacific region. With its strong and professional team, well-deserved reputation and wide recognition from society, Council International has become one of the world’s top auction companies and a bellwether in the Chinese art market.

In 2016, Sanpower Group’s subsidiary Hiteker acquired Council International. In the future, Council International will actively explore opportunities in internet auctions and consumption market of art for the masses, with the help of a range of resources that can be found in the Sanpower system. This will attract and encourage more people to learn about Chinese art and pass on Chinese culture.

China Newsweek

China Newsweek is a globally circulated weekly magazine published by China News Service in Chinese, English, Japanese, Korean and Italian. The magazine offers comprehensive coverage of influential politics and global current affairs. China Newsweek boasts 800,000 units in weekly circulation and a 3.9 million-person readership.

iNewsweek.cn is a major Chinese-language global news website and information provider. iNewsweek.cn leverages China Newsweek’s global news resources to provide round-the-clock, timely, accurate news services.

Sanpower Group is the exclusive operating partner of China Newsweek.In 2013, Sanpower Group and iNewsweek.cn jointly established ChinanewsKaiyue Media Group (Chinanews Kaiyue) in the hope of exploring a new transition and developmental path for the media industry. Currently, it operates four principal business sector, namely distribution, advertising, new media and brand campaign. Particularly, its brand campaign business has been successfully managing a new media matrix consisting of several accounts with the number of followers reaching the million-level, as well as launched several industry-recognized and nationally influential brand campaigns, including “Figures Influencing China”, “Corporate Social Responsibity China”, “Innovation China”, etc.

Sanpower Film

Sanpower Film (Beijing) is a wholly-owned film company of Sanpower Group, which aims to become a top copyright operator, content provider and terminal service provider in China.

Sanpower Film has been actively conducting business in many provinces such as Guangdong, Zhejiang, Jiangsu and Sichuan. In September 2017, it opened the Sanpower International Movie Theatre in Xuzhou, the first of its branded theatres and also Xuzhou’s first movie theatre equipped with Imax screen, Dolby amplifiers and 4K laser projectors.

Upholding the unconventional operation philosopy of “breaking through the limit of imagination”, the company strives to build specialized movie theatre based on scenario, experience and interaction, and to introduce world’s top projection technologies to bring brand new viewing experience to the audience. In the next three years, Sanpower Film will step up efforts in expanding the film market, deploying over 150 self-built and acquired theatres to further drive the development of Sanpower’s culture and entertainment businesses.

Sanpower Junjian

The Jiangsu Sanpower Junjian Investment Co., Ltd. is the investment and management company of Sanpower Group for culture and entertainment funds, which now operates funds engaged in film and television industry, theatre acquisition, etc. In October 2016, Sanpower Group signed a cooperation framework agreement with Shanghai Prosperity Investment Holding Co., Ltd. to jointly set up the Sanpower Prosperity Special Fund on Film and Television with Sanpower Junjian acting as one of the managing parties of the fund. The Special Fund totals 500 million RMB, among which 200 million RMB is raised in Phase I. The Fund targets at the screen culture industry, investing in and producing IP-driven dramas and quality films and TV series. Focusing on the video industry and built on competitive cinema chains, premium Satellite TV and Internet platforms, the Fund aims to establish an investment and production system integrating “films + TV series + Internet dramas” and build a culture industry platform that is uniquely Sanpower.

The fund has so far successfully made investments in many films and TV dramas such as Ding Daming, War Game (or Bing Lin Qi Xia) and Auluguya’s Spark of Civilization.