YINTAI

Yintai’s portfolio company, Bona Film Group, was officially listed on the main board of the Shenzhen Stock Exchange on August 18. At the end of the first day of listing, its shares closed at RMB7.24, up 43.94% from its issue price of RMB5.03, valuing the company at RMB995.2 billion.

According to Bona Film’s website, the company has produced more than 250 films to date. Among private Chinese film companies, it ranks first in terms of the number of films produced for more than 10 consecutive years, and among the top three in terms of box office takings, which totaled more than RMB40 billion.

In recent years, Bona Film has produced blockbusters with mainstream themes such as The Battle at Lake Changjin, The Battle at Lake Changjin II, The Captain, The Bravest, My People, My Country, and Operation Red Sea. The Battle at Lake Changjin, with box office sales of RMB5.772 billion, is China’s top-grossing film in 2021, and of all time.

In addition to investing in Bona Film, many commercial projects under Yintai Group have close long-term collaboration with Bona Film’s cinemas.

Bona Film is the second Yintai portfolio company after Huidatong to have successfully listed this year.

In recent years, Yintai Group has invested over RMB20 billion in more than 80 companies, and is committed to promoting technological innovation and industrial transformation. Of these, 15 companies have become unicorns worth more than USD1 billion, and more than 10 companies have been listed. The scope of investment covers smart logistics, intelligent finance, smart retail, and new energy vehicles, among others, and include Cainiao Network Technology, MYBank, Li Auto, Ant Group, ByteDance, Bank of Hangzhou Consumer Finance, ABOGEN, Huitongda, and UBOX.