1905 Movie Network News On the evening of March 21, Hong Kong-listed film company China Ruyi issued a positive profit announcement. The announcement shows that the company's unaudited operating income in 2023 will be approximately RMB 3.45 billion to 4 billion yuan, and its net profit after tax will be approximately RMB 1.1 billion to 1.2 billion yuan.
html On March 22, affected by this good news, China Ruyi’s stock price rose sharply. As of 14:30 that afternoon, the company's stock price rose by 11.86% in a single day.
Currently, China Ruyi has three main businesses: film and television drama production, online streaming media, and games. In 2023, Shanghai Ruyi, a subsidiary of China Ruyi, acquired Wanda Investment Equity and became the largest shareholder of Wanda Film, attracting widespread attention in the industry. During the Spring Festival in 2024, Shanghai Ruyi participated in the production of four movies: "Hot", "Flying Life 2", "Article 20", and "Bear Infested and Reversing Time and Space".
