About LITIAN PICTURES Company

Litian Pictures Holdings Co., Ltd. (“Litian Pictures” for short) and its subsidiaries (collectively the “Group”) is a television drama distribution company. Its business includes the development, production, marketing, and distribution of movies and TV dramas. The Group was founded in 2013. Currently, its main business is to produce and buy out TV series broadcasting rights licenses. According to Frost & Sullivan's report, in terms of revenue earned from the TV drama market in 2019, we ranked 15th among all Chinese TV series distribution groups; in terms of the total number of episodes of TV series released in 2019, we ranked first with a market share of about 6.9% among all TV series distribution companies in China; based on the number of TV series hours produced in 2019, we ranked sixth with a market share of about 0.9% among all TV series production and distribution companies in China. In 2017-2019, we released a total of 120 TV series with different themes. We have the advantages of rich TV series distribution channels and maintain business contacts with more than 90 mainstream television channels and online platforms at the provincial and municipal levels. The films and TV productions we have distributed have been successfully screened on television stations and new media platforms such as CCTV TV channels, Zhejiang TV, Anhui TV, Shenzhen TV, Tencent Video, iQiyi, and Youku. We have a rich copyright reserve for TV series. Beginning in 2019, we entered the web drama market and collaborated with a third-party TV drama production company owned by a leading Chinese technology company to co-produce web dramas. We will continue to strengthen our TV series production and distribution capabilities, focus on producing and distributing more high-quality TV series to leading satellite TV channels, and will also invest more resources and actively develop and produce more types of web dramas to meet the different preferences of young audiences. We are dedicated and professional. We will continue to work to enhance our overall competitiveness and consolidate and enhance our position in the Chinese TV drama market.