Wonderful Sky Financial Group Assists China Bright Culture Group (Stock Code: 1859.HK) with the Successful Listing on HKEx
China Bright Culture Group (Stock Code:1859) was successfully listed and commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”) today.
China Bright Culture is a rapidly growing independent producer of variety programs in China. In a highly fragmented industry of more than 18,000 companies licensed to operate, they were the 8th largest independent producer of variety programs in China with a 0.6% share of the variety program market in terms of 2018 revenue, with the largest not exceeding 3%. The variety program revenue growth rate from 2017 to 2018 was one of the highest among the twenty largest industry participants.
China Bright Culture is a video program producer, by which they develop, market, produce and distribute video content (such as variety programs and drama series) for media platforms (including TV networks and online video platforms). Historically, TV networks developed the content for, produced and marketed television programs, which remains the case to a large extent today, particularly for the bigger-budget primetime programs. Many of the competitors do not have content development capabilities and primarily focus on labor-intensive aspects of program production. In contrast, China Bright Culture focuses on the high-value segments of the industry value chain — they develop their own program content and generally retain intellectual property rights on that content; they bring corporate sponsors and other advertisers to TV networks and other media platforms instead of relying solely on media platforms to attract advertisements for their programs; and they oversee the production process through the in-house directors and producers to ensure the high quality of our programs.
As the only major integrated financial communications company in the world that is listed on the HKEx, Wonderful Sky will continue to provide a "one-stop” and ten-in-one prime financial public relations services, including financial public relations, investor relations, international roadshows, financial printing , corporate branding, ESG report, asset management, corporate doctor, Compulsory and Commercial Insurance and headhunting program. “Your Success is Our Inspiration” is the motto of Company's Group, by which we strive to become the select partner of listed companies for the long term by offering customized and professional services to Company's clients.