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Hong Kong—Aug 19, 2014

Evergrande Selects GDC SX-3000 Standalone IMB® and Theatre Management System for the Digital Rollout of its New Cinema Chain in China

GDC Technology Limited ("GDC Technology"), a world leading digital cinema solutions provider is pleased to announce that Evergrande Cinema Line Management Co., Ltd (恒大院线管理有限公司) (“Evergrande Cinema Line”) has selected GDC Technology as its technology partner to provide approximatel­­y 300 units of SX-3000 Standalone Integrated Media Block (IMB) and 30 sets of Theatre Management System (TMS) at its cineplexes in China.  As of August 13, 2014, GDC’s IMB and TMS have already been deployed in 15 Evergrande cineplexes.
 
Established in 2010, Evergrande Cinema Line is a wholly owned subsidiary of a Hong Kong ­­­listed company Evergrande Group, which is a conglomerate that focuses on residential property development and is engaged in FMCG, commercial, hotel, sports, and culture industries as a whole.  The Group possesses close to 300 large scale projects across 147 major cities in China.  Evergrande Cinema Line is one of the Group’s subsidiaries specialized in theater investment, development and management and its mission is to build a boutique cinema line with “top cinemas, first class team, superior service and premium brand”.  Relying on the Group’s commercial and residential developments and urban complex projects, Evergrande Cinema Line targets to be one of the largest cinema lines in China.  

As of today, Evergrande Cinema Line has up to 108 cineplexes under planning and construction in China with more than 1,000 screens, and it is expected to account for over 10% market share in the coming 5 years.  The opening of Evergrande cineplexes in Xian, Zhongshan, Yueyang and Danzhou mark the first substantial move of Evergrande Cinema Line towards formal operations.  As a world leading digital cinema solutions provider, GDC Technology will make its best effort to cooperate in Evergrande Cinema Line’s development plan by providing comprehensive, high-quality installation and integration support.
 
“Stable and reliable hardware and software are both essential for a top cinema line in China,” said Guangwei Li, General Manager of Evergrande Cinema Line, “After stringent comparison and analysis over a long period of time, we have come to a conclusion that GDC’s IMB and TMS are compliant with all our requirements.”
“We are glad that Evergrande Cinema Line selected GDC in their illustrious cinema multiplex deployment plan,” said Dr. Man-Nang Chong, founder and CEO of GDC Technology,“We fully support Evergrande Cinema Line with our nationwide responsive services and proven digital cinema products to ensure quality cinema experience at Evergrande Cinema.”

GDC Technology Limited Contacts:
Media Contact:   Tony Adamson

GDC Technology Limited
Unit 1-7, 20th Floor, Kodak House II, 
39 Healthy Street East, North Point, Hong Kong 
Tel: + 852 2507 9555    Fax:+852 2579 1131
info@gdc-tech.com
Logo: GDC Technology Limited About GDC Technology Limited: GDC Technology Limited (‘GDC’) is a leading digital cinema solutions provider. GDC develops, manufactures and sells media servers, content storage systems, theatre management systems and network operations center software for the global cinema industry. GDC is a licensee of the DTS:X® object-based immersive sound technology from DTS, Inc. for the development of its media servers. In addition, GDC also provides a suite of digital cinema products and services, including integrated projection systems, 3D products, projector lamps and silver screens. GDC Digital Cinema Network Limited, a GDC subsidiary, manages VPF for over 6,300 theatre screens and with more than 650 studios or motion picture distributors worldwide. GDC Technology Limited Directory page GDC Technology Limited Web Site
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