GMEC Acquires an Established Hong Kong Entertainment Production Company
May 21 2014 - 12:00PM
Great China Mania Holdings, Inc. (OTCBB:GMEC) (the "Company" or
"GMEC") announces that it has signed a legally binding letter of
intent to purchase a well - established Hong Kong media production
company, Concept X Limited ("Concept X") as its wholly owned
subsidiary.
"We are delighted to have Concept X in our GMEC family," said
Roy Kwong, the CEO of GMEC. "We can leverage their experience and
expertise in the media and entertainment production industry to
complement our existing businesses as well as help us to explore
more business opportunities in the future."
Concept X (www.conceptx.com.hk/main.htm) was established in
2003. It has been successfully serving the clients from Hong Kong,
Mainland China and Taiwan. Concept X has produced numerous music
videos, TV commercials, TV programs, concerts and events. The
founder and director of Concept X, Mr. Jacky Lee ("Jacky"), is one
of the most famous music video and concert directors and producers
in Hong Kong and Mainland China. Before establishing the Concept X,
he had worked at Hong Kong's largest TV Station, the Television
Broadcast Limited.
Concept X and Jacky have produced numerous music videos for
singers all over Asia including Jacky Cheung, Aaron Kwok, Alan Tam,
GEM, Bibi Chou, Jane Zhang and Taiwanese group Fahrenheit. Famous
commercial brands, for instance Pepsi, Budweiser and Carlsberg, had
also engaged Concept X to produce their TV commercials. Concert
production management is another expertise of Concept X and Jacky,
out of which the most famous projects include "Kangxi Coming"
Shanghai live concert, Jay Chou "The One" Live concert Hong Kong,
Alan Tam & Hacken Lee live concert and Eason Chan NCM Live
concert Hong Kong.
Concept X has an excellent reputation and network in the
entertainment and media industries. It had generated approximately
$1.4 million revenue for the year ended March 31, 2014.
Safe Harbor Statement
Except for historical information contained herein, the
statements in this press release are forward-looking statements
that are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties, which
may cause our actual results in future periods to differ materially
from forecasted results. These risks and uncertainties include,
among other things, product demand, market competition, and risks
inherent in our operations. These and other risks are described in
our filings with the U.S. Securities and Exchange Commission as may
be required by law.
CONTACT: Great China Mania Holdings, Inc.
Tel: +852 2882 7026
Fax: +852 2882 7020
General Enquires:
Email Contact: info@greatchinamania.co
Investor Relations:
Email Contact: ir@greatchinamania.com
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