LONGUEUIL, QUEBEC–(Marketwired – Aug. 9, 2016) – As one of the largest and most influential film enterprise in China, State Production Base of China Film Co. Ltd. (herein after referred to as “State Production Base”) has established a long-term partnership with D-BOX Technologies Inc. (TSX:DBO). Together, State Production Base and D-BOX will facilitate and promote D-BOX technologies in the Chinese market, taking the Chinese theatre-going experience to a whole new level.
“Since more than half of all feature films in China stem from local productions, this development is a significant step for us in a very large and savvy market,” said Claude McMaster president & CEO of D-BOX Technologies. “We’re extremely eager to use our innovative motion-coding technology to give Chinese film producers and moviegoers something to really get excited about. Furthermore, D-BOX would like to congratulate China Film Co., Ltd on being listed on the Shanghai Stock Exchange today this August 9th.”
Mr. Lei Zhenyu, the General Manager of State Production Base could not agree more. “We know that D-BOX is loved by moviegoers all over the world and this is the reason why we’re very happy to partner up with D-BOX. On one hand, this will provide us with great opportunities to be exposed to the most advanced technologies applied in the film industry outside China, which will bring to the Chinese movies an even higher level of entertainment experience. On the other hand, the partnership between D-BOX and State Production Base could also increase the development of the Chinese film market in order to attract more production companies to partner up with us. More importantly, we wish to deliver this exciting and immersive experience in the Chinese market”.