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Shanghai—Sep 22, 2015

Stellar Cinemas Builds on IMAX Success with Five-Theatre Revenue Share Deal in China

China's 6th-Largest Exhibitor To Introduce IMAX to Wanzhou
IMAX Corporation (NYSE:IMAX) and SMI Holding Group Limited, a leading Chinese entertainment and media company that operates theatres under the name Stellar Cinemas, today announced an expansion of the parties' revenue sharing arrangement with the addition of five new IMAX® theatres in China. 

The theatres will be installed in new construction projects located in the cities of Chengdu, Ningbo, Zhongshan, Kunming and Wanzhou and will bring the exhibitor's total IMAX commitment to 16 theatres, of which nine are currently open.
 
"We have been very impressed by the success of our existing IMAX theatres and today's agreement is a reflection of this" said Mr. Zheng Jichong, CEO of SMI Holdings Group Limited. "We believe that the IMAX brand, immersive format and slate of the best Chinese and Hollywood films will attract more guests and set our complexes' apart from competitors." 
 
"We continue to be pleased by the progress of our business in China," said IMAX CEO, Richard L. Gelfond. "As Stellar Cinemas builds on the success of its existing IMAX locations, we take great pride in the confidence that China's leading exhibitors have in IMAX to deliver results with our unrivaled cinematic experience."
 



About IMAX Corporation:
IMAX, an innovator in entertainment technology, combines proprietary software, architecture, and equipment to create experiences that take you beyond the edge of your seat to a world you've never imagined. Top filmmakers and studios are utilizing IMAX systems to connect with audiences in extraordinary ways, making IMAX's network among the most important and successful theatrical distribution platforms for major event films around the globe.   

IMAX is headquartered in New York, Toronto, and Los Angeles, with additional offices in London, Dublin, Tokyo, and Shanghai. As of March 31, 2024, there were 1,772 IMAX systems (1,697 commercial multiplexes, 12 commercial destinations, 63 institutional) operating in 89 countries and territories. Shares of IMAX China Holding, Inc., a subsidiary of IMAX Corporation, trade on the Hong Kong Stock Exchange under the stock code "1970". 

IMAX®, IMAX® 3D, Experience It In IMAX®, The IMAX Experience®, DMR®, Filmed For IMAX®, IMAX LIVE™, and IMAX Enhanced® are trademarks and trade names of IMAX Corporation or its subsidiaries that are registered or otherwise protected under laws of various jurisdictions. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).
IMAX Corporation Directory page
About IMAX China: IMAX China is a subsidiary of IMAX Corporation, and is incorporated under the laws of Cayman Islands. IMAX China was established by IMAX Corporation specifically to oversee the expansion of IMAX's business throughout Greater China. IMAX China trades on the Hong Kong Stock Exchange under the stock code “HK.1970.” IMAX China Directory page
About Stellar Megamedia Corp: SMI Holdings Group Limited is a leading Chinese entertainment and media company that is committed to breaking new ground in the Chinese film industry. Stellar operates a fully-integrated production chain that ranges from studio and soundstage facilities, to film distribution and exhibition. On the exhibition side of the business, Stellar operates a network of 150 cinemas in major cities such as Beijing, Shanghai, Guangzhou, Tianjin, Chongqing, Chengdu, Shenyang and Lanzhou. With its broad range of film businesses, Stellar is uniquely positioned in the burgeoning Chinese film and exhibition industry. Double digit growth per year and a galloping capital market offers a prime environment for Stellar to grow exponentially, bringing together historic opportunities, horizontal development and broad participation in the Company's ongoing push to bringing domestic and global audiences the very best in entertainment. Stellar Megamedia Corp Directory page

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