Omnijoi Media Corporation(SZ:300528)2022-12-06 08:26Company Overview - Happiness Blue Sea is a state-controlled film and television listed company, officially listed on the Shenzhen Stock Exchange on August 8, 2016 [3]. - The company has shown good stock performance since its listing, attracting attention from the capital market [4]. Historical Development - Established in 2005, the company underwent significant milestones including the introduction of strategic investors in December 2011 [4]. - The company's cultural philosophy emphasizes high-quality content and the promotion of socialist core values [4]. Financial Performance - The company aims to optimize shareholder and employee value [5]. - In 2015, the cinema line's total box office revenue ranked among the top ten in the industry [6]. Business Segments Television Production - The company has produced several successful TV dramas, including "The Good Days in Life" and "The Police in Straw Hats," which aired on major networks [5]. - The company has a strong project development and production capability, leveraging its long-term relationships with creators [8]. Film Industry - Happiness Blue Sea operates a full industry chain model, including film investment, production, and distribution [6]. - The company has invested in numerous films, with notable successes such as "Daylight Fire" winning awards at the Berlin Film Festival [6]. Market Position - The company operates over 180 cinemas, ranking first in box office share in Jiangsu province [9]. - The cinema line's box office structure is balanced, with approximately 50% from self-owned and franchise cinemas [9]. Future Development Plans - The company plans to produce 8-12 TV dramas annually, focusing on multi-platform needs [10]. - In the film sector, the goal is to increase market share from approximately 3.1% to over 5% in the near future [15]. Challenges and Strategies - The company acknowledges the challenges posed by the shrinking traditional sales channels in the TV industry and the rise of self-produced content by internet companies [11]. - Strategies include enhancing platform advantages and leveraging industry experience to better understand audience demands [11]. Investor Interaction - The company is actively engaging with investors to discuss future strategies and market conditions, emphasizing the importance of distribution capabilities [12]. - The company is optimistic about the growth potential in the viewing market, driven by urbanization and increasing audience numbers [13]. Conclusion - Happiness Blue Sea is positioned for growth in both television and film sectors, with a focus on quality content and strategic market expansion [14].