CCT Fortis made its announcement in the 2015 interim report to enter the cultural entertainment business. The newly
established Cultural Entertainment Group (the "Group") will initially engage in the production and distribution of films targeting
global markets and also the fast-growing cultural industries in the PRC by investing in a film cast by popular
artists and a film production company that provides us with guaranteed return of investment. The Group is committed
to grow its film business. It intends to invest, produce and distribute films mainly in cooperation with other investors and
joint venture partners.
The Group has diversified into other cultural entertainment business. In 2016, the Group entered this business by acquiring
70% equity shares of
AHM Engineering Company Limited ("AHM").
AHM is engaged in the hiring and installing of audio and lighting equipment and services to customers for concerts
and other entertainment events.
Concerts and Performance Events done by AHM
AHM was founded in 1996, has established a solid reputation in the hiring and installing of audio and lighting
equipment for concerts and other performance/entertainment events. Under the leadership of Mr. Mazon Chan Muk Hing,
a strong team of sound and lighting technicians continues to build and uphold AHM's unparalleled standards of product
and service excellence.
In the second-half of 2016, the Group acquired a 73% equity share of Hip Hing Loong Metal Works Limited, a company engaged in the provision
of metal construction works for stage performance in Hong Kong, PRC, Macau and South East Asia.