Nan Hai Corp

Company profile

Nan Hai Corp company profile

Nan Hai Corporation Limited (a company listed on the HKEx, stock code: 0680, hereinafter referred to as "Nan Hai Corporation") is a diversified holding company being engaged in cultural communications, real estate development and enterprise IT services through its three business sections: Dadi Media, Nan Hai Development and Sino-i (a company listed on the HKEx, stock code: 0250). In the field of cultural communications, Dadi Media, with the construction of chain cinema terminals as the point of penetration, has progressively extended their business into the upper stream of the film industry based on a strong downstream platform having been built over the past decade, becoming one of the leaders in the film industry. It has been ranked in the top two among domestic film investment companies in terms of the numbers of cinemas, screens, and viewers, and box office revenue. In the field of real estate development, the high-end sea-view real estates of about 185,000 square meters which is a part of the flagship project of Nan Hai Development - “Peninsula * Polis” located in Shenzhen was launched to the market in April 2016. The amount of subscription in August 2016 exceeded 10 billion yuan. In the field of enterprise IT services, over the past decade, Sino-i has been sticking to the policy of providing IT application services for small and medium enterprises in China, to promote their informatization process. The company has successfully established a nationwide business and service network which is first of its kind in the industry.In the meantime, in order to maintain long-term development, Nan Hai Corporation has begun to enter new business areas including "new media" "creative business" since 2015 through acquisitions and new construction. Nan Hai Corporation will continue to sow in these two areas, and strive to develop them into the fourth and the fifth business sections of the group in two to three years. Nan Hai Corporation’s total annual revenue in the fiscal year of 2015 reached about 4.2 billion Hong Kong dollars, representing an increase of about 33.2% over the same period last year. Up to June 30, 2016, the total assets in the closing book value had reached about 18.1 billion Hong Kong dollars. The group has 315 direct operation cinemas in 151 cities of 28 provinces in China, more than 70 Enterprise IT Service branches, and a total of 16,765 employees.