Orange Sky Golden Harvest purchases200 GDC digital cinema servers
Hong Kong (February 22, 2012)–GDC Technology (“GDCTech”), a world-leading digital cinema solution provider, is pleased to announce today that it has secured a contract for the sale of200digital cinema servers from Orange Sky Golden Harvest Cinemas (China) Co., Ltd. (“OSGH Cinemas”). The contract will witness GDC Tech’s highest quality digital cinema servers installed at OSGH’s multiplexes throughout mainland China.
OSGH Cinemas is a subsidiary of Orange Sky Golden Harvest Entertainment (Holdings) Limited (“OSGH”, or the “Group”). In 1977, the Group opened its first cinema in Hong Kong. Since then, the Group has committed to bringing the best cinematic experience to its audiences. Eager to expand into the China market, the Group has built premium flagship cinemas in Shenzhen 2005, touting a box office that has ranked top three among cinemas nationwide since 2006. Since 2010, the Group has successively built and has been operating numerous premium cinemas in Beijing, Guangzhou, Chengdu, Chongqing, Wuxi, Hefei, Wuhu, and other cities. Today the Group operates 31 multiplexes with 225 screens and is leading China’s film market towards a world–class standard.
“GDC Tech and OSGH synergistic relationship commenced in 2007whenwe startedusingGDC servers.” Dr. Qiu–Sheng Xie, CTO of OSGH remarked, “GDC’s powerful and feature-rich servers are easy to use and are supported by excellent after–sales service, so making GDCour first choice was an easy decision, and results have enabled us to forge ahead in developing the OSGH brand.”
“OSGH has a solid reputation in the industry for its relentless pursuit for excellence and commitment to bringing the best theatrical experience to moviegoers.” Dr.Man–NangChong, founder and CEO of GDC Tech said, “Chosen again by such a renowned exhibitor as OSGH Cinemas proves that GDC Tech is a trustworthy partner. This is a massive deal for us from a strategic perspective in the China market, and we appreciate OSGH’s confidence and patronage.”
About GDC Technology Limited (www.gdc–tech.com)
As one of the world’s leading global solution providers for digital cinema, media delivery, and display markets, GDC Technology (“GDC Tech”) has successfully delivered and installed digital cinema servers, projection, and 3D systems worldwide. GDC Tech is currently the largest supplier of digital cinema servers throughout Asia and the second largest provider of digital cinema servers worldwide, serving its customers through offices in the US, Barcelona, Hong Kong, Japan, Singapore, and China. GDC Tech is a portfolio company of The Carlyle Group.
About Orange Sky Golden Harvest Cinemas (China) Co., Ltd（www.osgh.com.hk/zh/aboutus.php）
OSGHCinemas develop with a strong commitment to its theatrical exhibition business in recent years, focusing on mainland China–the world’s fastest–growing market. The Group aims at building and running multiplexes throughout mainland China through organic expansion, mergers, and acquisitions. The Group’sflagship GH Shenzhen Cinema was one of the first batches of multiplexes that benefited from the Closer Economic Partnership Arrangement (CEPA) between Mainland China and Hong Kong. It is yet another example of the Group’s pioneering role in the industry by continuously forging ahead into new areas. As of January 2012, the Group operates 31multiplexes with collectively 225screens in 23cities such as Shenzhen, Beijing, and Suzhou, being one of the premier theatrical exhibition companies in Mainland China.
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