Core Insights - Hengdian World Studios is hosting an industry soirée during the Toronto International Film Festival (TIFF) to showcase its filmmaking ecosystem and celebrate its parent company's 50th anniversary [1][4] Company Overview - Hengdian World Studios is the world's largest live-action movie base, providing a comprehensive end-to-end filmmaking ecosystem that spans over 33 million square meters [5] - The studio features one of the largest single studios globally, measuring 12,000 square meters, along with underwater facilities and backlot streetscapes [5] Production Capabilities - Hengdian's virtual production capabilities include real-time camera tracking LED screens and motion capture, which can reduce production time by 40% and costs by up to 50% on certain projects [5] - The studio hosts China's largest community of background actors, with 140,000 registered actors, including over 10,000 local actors to support high-volume shoots [5] Growth in Short Dramas - Hengdian has become a hub for short-form vertical videos, with over 60 short-drama crews shooting daily and production numbers expected to exceed 3,000 this year [6][7] - The global short drama platform market is projected to grow from USD 6.5 billion to USD 7.2 billion in 2025, with a CAGR of 10.5% expected to reach USD 11.9 billion by 2030 [7] Sustainability Initiatives - Hengdian has installed 27 rooftop photovoltaic power stations, generating approximately 5.5 million kWh of clean electricity annually since 2022, reducing CO2 emissions by over 4,300 tons each year [8] - The "Zero-Waste Base" initiative aims to cut, repurpose, and safely dispose of on-set solid waste, recycling hundreds of thousands of props annually [8]