Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 2 September 2016, 16:47 HKT/SGT

Source: China Everbright Limited
Shanghai Film Art Academy Invested by IDG-Everbright M&A Investment Fund Acquires 5-Year Exclusive Rights to Host Venice Film Festival's Asia-Pacific Unit

HONG KONG, Sept 2, 2016 - (ACN Newswire) - China Everbright Limited ("CEL", stock code: 165.HK) announced that the Shanghai Film Art Academy ("Film Academy" or "Academy"), in which CEL's IDG-Everbright Industry Fund ("the Fund") has a controlling stake, participated in the Venice Film Festival as exclusive hosts of the "Asia-Pacific Film Art Unit" for a period of five years.

In conjunction with their agreement with the Venice Film Festival, CEL and the Academy have jointly unveiled the establishment of an international film hub in Shanghai. The Academy has also entered into an alliance with ANICA, Italy's film industry association, as strategic partners. In addition, the Academy's principal, Mr Jiang Po, was presented with a Special Contribution Award at the Venice Film Festival.

The Venice Film Festival, Cannes International Film Festival in France and Berlin International Film Festival in Germany are the three biggest events of their kind in Europe. Inaugurated in 1932, the Venice Film Festival is the first and oldest in the world. It has become known as the birthplace of many great filmmakers, and it is regarded as the most artistically accomplished among the three major European festivals.

The collaboration is part of CEL expansion into China's film and cultural education industries. Mainland box office reached a total of RMB44 billion in 2015, making the country the world's second-largest film market. The rapid development of China's film industry has been attracting capital from Europe and the US, and CEL said it intends to also help bring Chinese capital and film culture to the international film market.

About China Everbright Limited
China Everbright Limited ("CEL", stock code: 165.HK) is the largest overseas financial platform of China Everbright Group Ltd. ("Everbright Group"). It is the second largest shareholder of Everbright Securities (stock code: 601788.SH, 6178.HK) and a strategic shareholder of China Everbright Bank (stock code: 601818.SH, 6818.HK), the controlling shareholder of the Hong Kong-listed China Aircraft Leasing Group Holdings Limited (stock code: 1848.HK) , the largest shareholder of Shanghai Jiabao Industry & Commerce (Group) Co., Ltd (stock code: 600622.SH), and the second largest shareholder of the Singapore-listed Ying Li International Real Estate Limited (stock code: 5DM. SGX). As at end-June 2016, CEL managed 33 funds with total fundraising amount of more than HK$67.8 billion. Everbright Group, the parent company of CEL, is a state-owned financial conglomerate with AUM of approximately RMB3,000 billion as at end-2015. For more information about CEL, please visit

About the Shanghai Film Art Academy
The Shanghai Film Art Academy is a full-day fine arts institute of higher learning founded in December 2003. Approved by the Ministry of Education, the Ministry of Culture and the Shanghai Municipal Government, it is China's second independent educational institution dedicated to the study of film. The Academy is located in the Zhangjiang Hi-Tech Park in Pudong, Shanghai, and offers 15 specialist fields such as film art, animation games and digital design. Currently it has nearly 3,000 students.

As the Ministry of Culture's jointly founded pilot institution of higher art education, the Academy's mission is to enhance its students' knowledge, abilities and quality. The Academy emphasises the integration of art and technology with a curriculum that combines learning and production. It focuses on practical teaching, and its primary goals are applying skills and nurturing artistic talent. The Academy also seeks to expand its talent pool by internationalising its campus.

Now in its 12th year, the Academy and its specialised fields have achieved stellar growth. It has evolved into a unique fine arts school bustling with artistic and creative energy, with focused goals and exceptional results. It has also become a centre for nurturing modern digital art talent, and an important base for harmonious cultural creation and dissemination. Please visit at

For enquiries, please contact:

Jackie Cheung
Tel: +852 2501 7901

Max Lau
Tel: +852 2501 7905

Sept 2, 2016 16:47 HKT/SGT
Topic: Press release summary
Sectors: Financial, Business
From the Asia Corporate News Network

Copyright © 2016 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

View Image

China Everbright Limited
Sept 29, 2016 15:59 HKT/SGT
China's First PERE+REITs Product Launched; EBP-EBA IMIX Park Asset-backed Special Programme Now Officially Listed
Sept 27, 2016 16:22 HKT/SGT
China Everbright Limited to host Investment Conference 2016 in Qingdao: "Exploring the New Era of Alternative Asset Management"
Sept 21, 2016 20:00 HKT/SGT
"In Style Hong Kong" Promotion Coming to Bangkok
Sept 7, 2016 19:19 HKT/SGT
China Everbright Assets Management Limited Recognised by Chinese Blue Chip Private Fund Index
Sept 2, 2016 16:22 HKT/SGT
IDG-Everbright M&A Investment Fund Invests in Shanghai Film Art Academy and Join Hands to Construct a "Bright Future Film & Television Industry Base"
Aug 31, 2016 18:13 HKT/SGT
China Everbright Limited Announces 2016 Interim Results
Aug 30, 2016 21:14 HKT/SGT
China Everbright Limited and Focus Media Join Forces to Set Up a RMB5 Billion "New Industry Investment Fund"
Aug 19, 2016 18:00 HKT/SGT
China Everbright Ltd and Israeli Partner Co-organise "GoforIsrael - The 16th China-Israel Investment Summit Forum" in Shanghai
Aug 17, 2016 17:33 HKT/SGT
CEL Global Investment Fund Completes Its First Closing
July 8, 2016 14:32 HKT/SGT
China Everbright Limited Invests in Hope Education to Jointly Create China's Top Private Education Brand and Promote Development of China's Education Industry
More news >>
 News Alerts
Copyright © 2016 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 5791 1818

Connect With us: