Hengdian Entertainment Co., Ltd. was founded in 2008. Its main business is films distribution, film screening, film and television production and related derivatives, which was listed on the Shanghai Stock Exchange in October 2017. The company has a comprehensive operating standard system. It has opened more than 400 cinemas and nearly 3,000 screens, including more than 370 direct cinemas, covering 28 provincial administrative districts across the country (except Hong Kong, Macao, Taiwan, Xinjiang, Tibet and Hainan). The main economic indicators are at the forefront of the national cinema line and have become an important force in the cinema line industry across the country.

Through acquisitions, the company has formed a closed-loop industry covering film and television investment, production, distribution, projection and other businesses, realizing the all-round development of "content + channel". In 2021, the company's A Little Red Flower, Hi, Mom, Boonie Bears: The Wild Life and Sister all received both box office and high public praise. Hi, Mom ranked second at the Chinese film box office, and the expansion effect of the industrial chain was initially emerging.