GDC joins hands again with Jinyi Zhujiang Movie Circuit to sign a contract for the deployment of 200 digital cinema servers
Hong Kong (September 2, 2011) – GDC Technology (“GDC”), a world leading digital cinema solution provider, is pleased to announce today the signing of a major contract with Jinyi Zhujiang Movie Circuit Co., Ltd (“Jinyi”). The contract is a repeat order which involves the deployment of a total of 200 GDC SX-2000A Digital Cinema Servers with Integrated Media Block (IMB). Full deployment is scheduled for completion by 2013.
Jinyi operates nearly 50 wholly owned theatres namely Jinyi International Cinemas in more than 30 cities
including Guangzhou, Beijing, Shanghai and Shenzhen among others with more than 300 screens. Jinyi owns another 19 franchised theatres with approximately 100 screens, bringing its screen total to 400. According to the “2010 Chinese Film Market Review”, Jinyi Zhujiang Movie Circuit earned box office revenues of nearly RMB700 million in 2010, ranking it 6th among cinema chains nationwide.
“We’ve proudly been installing GDC digital cinema servers since 2005. Throughout six years of cooperation, the facilities of our digital theatres have been further enhanced. GDC’s exceptional products and quality services have reassured us that we will be able to deliver a great moviegoing experience to our customers,” said Xu Binbiao, General Manager of Jinyi Zhujiang Movie Circuit. “We have been very pleased with the overall process of working with GDC and are certain to continue using GDC servers in the future.”
“We’re very grateful for Jinyi’s continued cooperation, trust and support,” said Dr. Man-Nang Chong, founder and CEO of GDC Technology. “This repeat contract is proof of the value of our relationship. We aim to provide the best quality products and services in the digital cinema market.”
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About GDC Technology (www.gdc-tech.com)
GDC Technology (“GDC”) is a subsidiary of the Hong Kong publicly listed company – Global Digital Creations Holdings Limited. GDC is one of the leading solution providers for digital cinema, media delivery and display markets. GDC has successfully delivered and installed over 1000 operating digital cinema servers worldwide, including Austria, Africa, China, Germany, Hong Kong, India, Indonesia, Korea, Singapore, Slovakia, Slovenia, Spain, Switzerland, Taiwan, Thailand, the Netherlands, the Philippines, the US and UK. More than 500 feature titles have been released digitally on GDC’s Digital Cinema Servers.
About Guangzhou Jinyi Film & Television Media Co., Ltd. (www.jycinema.com)
Since its establishment on March 1, 2004, Guangzhou Jinyi Film & Television Media Co., Ltd. (formerly called Guangzhou Jinyi Film & Television Investment Group Co., Ltd.) has continually been committed to the construction and operation of five-star, multiplex luxury theatres. On April 2008, Jinyi Film & Television Media restructured the former Guangdong Zhujiang Movie Circuit into its wholly-owned movie circuit, Jinyi Zhujiang Movie Circuit and commenced operations. In 2010, Jinyi Zhujiang Movie Circuit earned box office revenues that ranked it 6th among cinema chains nationwide.