Hollywood Film Companies Bring Cultural Innovation and Industry Expertise to Dachang Film and Media Industrial Park

GU AN, China, Dec. 29, 2014 /PRNewswire/ -- China Fortune Land Development Co., Ltd. (CFLD) today held a press conference and signing ceremony to officially unveil two Hollywood partners at the Dachang Film and Media Industrial Park. CFLD signed strategic cooperation agreements with two Hollywood companies, Relativity Education, represented by President Glenn Kalison and Asia Partner Bradley Hong, and BASE FX. Chinese film and media companies, talent agencies, film institutes and investors attended the event.

In keeping with its core developing principle, "an industrial park represents an industrial cluster," CFLD has distinguished itself as one of the leading operators of industry sector-based urban towns in China. CFLD is committed to promoting talent in the movie and creative industry while leveraging its value chain to introduce, integrate and grow the industry.

"Echoing the rapid development of China's entertainment industry in recent years, attention has turned to fostering growth of movie and TV talent as well as advancing elements of post-production and special effects," said Hu Zhenyu, Vice President of CFLD. "The Dachang Film and Media Industrial Park will join hands with leading Hollywood institutions to promote industry standards and contribute to China's rapidly-developing movie, TV and online video industries. By creating an industrial park that welcomes both established companies and aspiring entrepreneurs, the Dachang Film and Media Industrial Park will attract leading companies, encourage industry players to come together, and tap into opportunities in the value chain."

The Dachang Film and Media Industrial Park is considered a crown jewel of the entertainment industry. Its expansive property includes eight functional zones for talent development, innovative workshops, high-tech productions, post-production and special effects, digital experiences and set design, R&D, and themed experiences. Driven by its goal to innovate and internationalize, the Dachang Film and Media Industrial Park strives to integrate various players in the film industry and become a pioneer of cultural and creative industrial parks around the world.

New landmark in the creative and cultural industry

Situated 30 km to the east of Beijing's Central Business District (CBD), the Dachang Film and Media Industrial Park is located next to the Chaobai River, the longest river in the Beijing-Tianjin-Hebei region. The strategic location and picturesque environment attract investors to the property.

With support from Relativity Education, an education company focused on the entertainment industry, and BASE FX, a professional post-production and special effects company, the Dachang Film and Media Industrial Park will gradually upgrade its residential and service facilities to include classrooms, apartments, and transportation options. Furthermore, it will set up a "strategic committee," a movie and media talent pool, as well as a talent development management center. With its international vision and innovative aspirations, the Dachang Film and Media Industrial Park will continue to attract leading companies and welcome other Chinese and foreign professional movie and media production companies and training schools.

Leading international players to upgrade local industry

Following the signing of the strategic cooperation agreement, Relativity Education is the first film and media training company to join the Dachang Film and Media Industrial Park under the "talent development" program. Together with CFLD, the two companies will grow and develop the next generation of elite movie and media professionals in China as well as create high quality projects.

As the only international training school in China anchored by a Hollywood studio, Relativity Education will offer a complete movie and media curriculum that focuses on training international screenwriters, directors, and producers. Experienced teachers from the United States specializing in media training will create tailor-made courses. Hollywood experts and creative talent will also be invited to teach classes and workshops.

BASE FX is a world-renowned post-production, special effects and animation studio. It is one of the first special effects companies in the industry to come to the Dachang Film and Media Industrial Park as a strategic partner of CFLD. BASE FX looks to further expand its team and contribute to building a world-class training center to educate post-production and special effects professionals in China.

About China Fortune Land Development Co., Ltd. (CFLD)

China Fortune Land Development Co., Ltd. (ticker number: 600340) was founded in 1998 and is a leading industrial park operator in China. CFLD now has more than RMB 100 billion in corporate assets and its overall sales volume in the first three quarters of 2014 reached RMB 37.505 billion, an increase of 51.16 percent over the same period from last year. CFLD paid a total of RMB 2.576 billion in tax in 2013 and its cumulative tax payment since its founding reaching RMB 9.122 billion.

Striving to become a leading operator of internationalized and industry sector-based urban towns, CFLD is steadfast in adhering to the philosophy of "integrated and mutual development of industrial parks and new towns," and has set building industrial zones as its core business. At present, CFLD has invested in the development and operation of industry-based new towns primarily in the Beijing-Tianjin-Hebei region, the Yangtze River Delta and Shenyang-Rim region, its operations spans across 20 provinces and municipalities in China including Beijing, Hebei, Tianjin, Liaoning, Jiangsu and Zhejiang.

About BASE FX

The first post production company tenant in Dachang Film and Media Industrial Park, Base FX is the only visual effects and animation company in Asia that has won three Emmy Awards. As a strategic partner of Lucasfilm, and an important service provider for Disney on film, television, animation and theme park projects, Base FX has been the leader in China in terms of VFX production quality and business scale. Base FX's VFX team will put her best efforts to build a high-end VFX training base in Dachang, which will foster VFX talents of international standard for Dachang Film and Media Industrial Park.

Recent Works

Teenage Mutant Ninja Turtles, Transformers: Age of Extinction, Captain America 2: The Winter Soldier, Boardwalk Empire Seasons 3, Pacific Rim, Black Sails, The Pacific, Pirates of the Caribbean, Mission Impossible 4, G.I. Joe2: Retaliation, Looper, The Last Stand, Clash of the Titans 2, Star Trek 2, Olympus Has Fallen, The Flowers Of War, Finding Mr. Right, King's Dinner, The Four, Sacrifice, A Touch of Sin.

About Relativity Education

Relativity Education, a division of Relativity, is an education company focused on the entertainment industry. Headquartered in Los Angeles, it is the first dedicated education effort from a Hollywood motion picture studio. Relativity Education supports Relativity School, an accredited branch campus of Hussian School of Art, offering an array of film, media, performing arts, and graphic arts BFA programs in addition to its signature summer workshops. With curriculum developed in collaboration with industry insiders, taught by working professionals, and operated from an active production studio in Los Angeles, the programs are all built around the core tenants of collaboration and entrepreneurship.

About Relativity

Relativity (relativitymedia.com) is a next-generation global media company engaged in multiple aspects of content production and distribution, including movies, television, fashion, sports, digital and music. More than just a collection of entertainment-related businesses, Relativity is a content engine with the ability to leverage each of these business units, independently and together, to create content across all mediums, giving consumers what they want, when they want it.

Relativity Studios, the company's largest division, has produced, distributed or structured financing for more than 200 motion pictures, generating more than $17 billion in worldwide box-office revenue and earning 60 Oscar nominations. Relativity's films include Oculus, Safe Haven, Act of Valor, Immortals, Limitless, and The Fighter. Upcoming releases include Woman in Black 2: Angel of Death and Black or White.

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SOURCE China Fortune Land Development Co., Ltd.