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China’s Hengdian Proposes $450 Million Cinema Consolidation Deal
Hengdian Leisure, a listed firm that straddles movie and tv manufacturing and cinema operation in China, has made an indicative supply of RMB3 billion ($446 million) to purchase the Shanghai Xingyi Cinema Managements agency. If the deal goes via, Hengdian Leisure would turn out to be the second largest cinema operator in China. Learn extra Selection
Fuwei Movies Pronounces Upkeep Mission to the Second Manufacturing Line
Fuwei Movies (Holdings) Co., Ltd. a producer and distributor of high-quality BOPET plastic movies in China, at the moment introduced that the Firm will conduct a one-time complete upkeep program, which incorporates changing a number of the machine components within the second manufacturing line (DMT manufacturing line) ranging from July 12, 2022. Learn extra PR Newswire
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