Sep 2014 Completion of placing of 780,000,000 new shares to Dr. Chan Kwok Keung Charles at HK$0.285 each
Aug 2014 Placed convertible bonds due 2017 at principal amount of HK$200 million to China Construction Bank International
May 2014 Entered into strategic cooperation with China Telecom Corporation Limited (stock code: 728) to vigorously develop mobile internet business
Apr 2014 Acquired 55% equity interest in Ipiao and extended business to an integrated O2O platform through this project
Mar 2014 Placed convertible bonds due 2019 at a principal amount of HK$77.644 million to KTB Network Co Ltd
Feb 2014 Signed a cooperation agreement with JD.com to comprehensively enlarge the varieties of digital goods in xingmeihui.com
Completion of subscription of 550,000,000 new shares to Dr. Yeung Sau Shing Albert at HK$0.203 each
Dec 2013 Opening of Xingmeihui Digital Experience Centre in Beijing
Aug 2013 Holding 29.70% of share capital (167,022,281 shares) of SMI Culture (2366.HK)
Aug 2012 Issued RMB200mn private placement bonds (3-year term) through 4 subsidiaries
May 2012 Tapped into the online and offline retail businesses by setting up retail counters in theaters - “Xingmeihui” (星美汇)
Collaborated with HK Small and Medium Enterprises Development Association to launch “Hong Kong Reputed Brand” project in order to promote Hong Kong products in the PRC
Dec 2011 Operated 37 movie theaters across 22 provinces in the PRC
Jul 2010 Acquired 12 movie theaters in major cities such as Beijing, Shanghai, Chongqing and Tianjin
Mar 2009 Restructured business by acquiring Colour Asia Pacific Limited ( a movie theater operator owned 3 movie theaters in Beijing and Shanghai)