www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

BIZCHINA> Candidate Firms
Jiang Toon animated by possible listing on GEB
By Zhou Lihua and Chen Limin (China Daily)
Updated: 2009-09-30 08:52

Jiang Toon animated by possible listing on GEB

Public float will give Jiang Toon Animation a shot in the arm for its growth. [China Daily]

Jiang Toon Animation, like many other companies, has expressed animated interest in listing on the fast-approaching NASDAQ-like Chinese growth enterprise board (GEB).

Founded in 2000 with a start-up fund of 15 million yuan, it has grown from an obscure company to one with considerable market clout.

In 2008, its sales reached 130 million yuan, with total assets of 200 million yuan.

Zhu Youlan, founder and chairman, started the business with her friends out of a keen enthusiasm for animation. Inspired by the popularity of Pig Guy, a main character in the Chinese classic "Journey to the West", Zhu set out developing a Pig Guy cartoon series immediately after founding the company.

Her initial enthusiasm, however, ended in great disappointment.

"It cost 20,000 yuan to produce just one minute of the cartoon series, but TV stations offered us only 1,000 yuan per minute as their broadcast fee," said Zhu, recalling the unexpected setback.

That was in 2000 when foreign cartoons dominated the Chinese cartoon market. By selling cartoon series to TV stations at very low prices or even charging nothing, foreign companies occupied most of the market share and then made profits from selling spin-offs.

"We couldn't die before realizing our dream," said Zhu, who then decided to save the enterprise by providing outsourcing services for foreign companies.

Related readings:
Jiang Toon animated by possible listing on GEB China GEB IPOs freeze $115b
Jiang Toon animated by possible listing on GEB GEB float rates see mark-up
Jiang Toon animated by possible listing on GEB Green light for seven GEB suitors
Jiang Toon animated by possible listing on GEB Regulator vetting suitors as GEB ball finally starts rolling

"We visited all kinds of animation festivals to find business partners," Zhu added. The company even took a losing proposition at the very beginning with the hope of winning a partner.

In shifting its focus to outsourcing activities Jiang Toon Animation set up offices in France and the United States and bought a Chinese animation company with overseas resources.

Now Jiang Toon's outsourcing business is worth $10 million every year, making up a large proportion of the company's overall revenues.

"By taking outsourcing orders, we survive and, more importantly, we've learnt from others how to develop original cartoons and how to run the business," said Zhu.

In 2004, the government drew up policies to encourage the development of the animation industry. Jiang Toon, as the largest animation base in Hubei province, got much support from the provincial government. It was then that Zhu's long-dreamed-of Pig Guy cartoon began to take off. In the next year, "Happy Lucky Piggy" came out and was soon a hit.

Now the company's annual production capacity is around 5,000 to 10,000 minutes, making it one of the biggest cartoon makers in China.

Zhu hopes a GEB listing will help her to further develop her company. "We would use two thirds of the funds raised to make original cartoons and the rest to do product research and development and enlarge our production capacity," said Zhu, without disclosing how much she would like to raise from the possible listing.

"We will gradually focus more on copyright granting, spin-off selling, and animation-related investment in the following five years," said Zhu. The company has a branch in Guangzhou, which is responsible for spin-off development.

"The Chinese animation industry has entered its golden age and we will make the most out of it," said Zhu.

 


(For more biz stories, please visit Industries)
主站蜘蛛池模板: 成人国产网站v片免费观看 成人国产午夜在线视频 | 色悠久久久久综合网伊人男男 | 欧美日a | 在线观看免费精品国产 | 日韩在线1 | 亚洲资源在线观看 | 国产高清在线精品一区a | 国产在线日韩在线 | 国产精品久久视频 | 美女被免费网站在线视频软件 | 亚洲国产网站 | 日韩欧美一区二区三区免费看 | 日本三级香港三级人妇99视 | 国产三a级日本三级日产三级 | 九九色综合 | 亚洲在线免费免费观看视频 | 综合刺激网 | 欧美综合视频 | 99re热在线视频 | 台湾三级香港三级经典三在线 | 女人张开腿让男人插 | 亚洲精品高清在线 | 国产区亚洲区 | 久久久久女人精品毛片 | 国产高清视频免费观看 | 日本xxxb孕交 | 毛片在线视频在线播放 | 手机亚洲第1页 | 亚洲免费在线播放 | 亚洲一区二区三区香蕉 | 亚洲欧美另类色妞网站 | 成年片美女福利视频在线 | 久久18| 怡红院免费播放全部视频 | 男女乱淫免费视频 | 成人在线不卡 | 国产日韩精品一区在线不卡 | 国产精品久久久久一区二区三区 | 欧美一级看片免费观看视频在线 | 免费看成人毛片 | 欧美2区 |