Home » Posts tagged 'gvmh'

Tag Archives: gvmh

Brand CEO Alan Green talks Tertiary Minerals #TYM, Grand Vision #GVMH & Enquest Bonds #ENQ1 on Vox Markets podcast

Brand CEO Alan Green talks Tertiary Minerals #TYM, Grand Vision Media Holdings #GVMH & Enquest Corporate Bonds #ENQ1 with Justin Waite on the Vox Markets podcast. Interview is 27 minutes 39 seconds in.

Grand Vision Media Holdings #GVMH – TS Capital initiates coverage with Speculative Buy.

#GVMH Grand Vision Media Holdings – TS Capital initiates coverage with a Speculative Buy rating #OOH #3DOOH

View Full Research Note here TSC_InitiatesCoverage_GVMH_11Jan19

Grand Vision Media Holdings #GVMH – new contract with Chinese Cinema Partner

Grand Vision Media Holdings Plc today announces a contract with Dadi Cinema Group (“Dadi”) in China, whereby GVMH will install its 3D panels in 22 new cinema locations in the Dadi network with installation work starting immediately.   Dadi currently operates over 470 cinemas across China.

This represents the first collaboration between the two parties.   GVMH plans to roll out to additional Dadi locations after this initial installation programme.   In addition, GVMH has also secured the rights to cover all their advertising assets across Dadi’s 400+ cinemas with immediate effect.   This will include video advertising on the mega video walls in cinema foyers as well as the right to organize off-line events in the foyers.

GVMH CEO Jonathan Lo said: “We are delighted to have come to this agreement with Dadi as it provides us with the opportunity to take our advertising clients into Dadi’s popular cinemas in key locations across China.   The agreement also allows us to expand our advertising products to mega video walls and across a broader geographic coverage, thus offering our customers more options to best meet their marketing goals.“

**ENDS**

For further information, photos and enquiries please contact:

Grand Vision Media Holdings plc Jonathan Lo / Ajay Rajpal
info@gvmh.co.uk
Tel: +44 (0) 20 7866 2145
Alfred Henry Corporate Finance Ltd, Corporate Advisor Nick Michaels / Jon Isaacs
enquiries@alfredhenry.com
Tel: +44 (0) 20 3772 0021
Alexander David Securities Ltd, Broker David Scott
david.scott@ad-securities.comJames Dewhurst
james.dewhurst@ad-securities.com
Tel: +44 (0) 20 7448 9820
Keene Communications, Public Relations Alex Glover
alex@keenecomms.com
Tel: +44 (0) 7887 610335

Company web site: www.gvmh.co.uk

About GVMH

As an integrated outdoor digital media company, GVMH is deploying innovative display and marketing technologies at strategic, high-traffic locations.   Our glasses-free 3D technology in digital OOH (Out-of-Home) media is enabling advertisers to engage with affluent consumers in important and growing markets.   Our “space management” approach utilising the cinema space for events and exhibitions offers a total solution for our advertisers, with the potential of direct conversion to sales.

Our network is now spread over 180 locations covering 29 provinces in China and we are growing our business further within China and taking our technologies and expertise to new markets, specifically Thailand, Korea and Japan, where we have forged alliances and representations to take our business forward.

The digital OOH signage market is growing, and will continue to grow in the foreseeable future, and we want to be at the forefront of that growth by providing our customers with the ability to reach Chinese consumers as they become more affluent and seek access to more quality domestic and international products and services.

Two significant trends that are benefitting our growth are the Chinese appetite for foreign products and travel.  GVMH is well positioned to take advantage of this trend as it acquires international brands and travel destinations as direct customers. 

According to a report by Market Research Future (MRFR), the global digital signage market is estimated to be USD 26.3 billion by 2022.   The market is predicted to expand at 6 % CAGR during the assessment period (2016-2022)*.

*Global Digital Signage Market Research Report – Forecast to 2022

(https://www.marketresearchfuture.com/reports/digital-signage-market-1102)

About Dadi Cinema Group

Dadi Cinema Group (Dadi) is a wholly-owned subsidiary of Dadi Media, established in 2006 and is responsible for cinema management and operation.

Dadi is dedicated to enhancing the viewing experience through the application of high-quality projection technology.  

In 2015, Dadi was the first in the China film industry to introduce “Movie +”, to create an experiential cinema ecosystem such as “Movie + Creative Internet”, “Movie + Creative Retail”, “Movie + Creative Catering”.   In 2017, “Movie + Innovative Culture” was added to the “Movie +” strategy to upgrade the film screening zone into an interactive cultural and entertainment hub.

Dadi continues to innovate the cinema ecosystem, adding different business modes, to provide audiences with diversified services, and integrate movie culture into mass consumption.

At 30 June 2018, Dadi had an aggregate of 476 cinemas with 2,863 screens, operating in 29 provinces and 179 cities in China.   In addition, there are over 300 cinemas contracted but not yet in operation.  

In 2017, Dadi achieved total box office revenue of RMB 2,841 million (c.£325 million), ranking second among cinema investment and management companies in China.

Grand Vision Media Holdings #GVMH – Clarification on media deployment partner SMI Holdings Limited

On 6 December 2018 SMI Holdings Limited (“SMI”), a cinema operator and deployment partner of GVMH, made an announcement on the Hong Kong Stock Exchange.

SMI announced that it was short of sufficient working capital to support its business operations.  As a result, around 140 of the 320 cinemas operated by SMI have temporarily suspended operations, of which around 11 may be closed in the near future.  SMI is pursuing its refinancing arrangements.

GVMH currently has 44 panels installed in SMI cinemas.  We confirm that none of the panels are in any of the temporarily suspended sites or at those sites marked for closure.   We further confirm that we continue to receive new advertising orders including for those panels located at the SMI cinemas.

GVMH is currently reviewing the situation with respect to SMI and will provide an update on any actions that we may implement as a result.   The problems at SMI are not expected to have any material impact on GVMH’s business model.   We confirm that we are not owed any monies by SMI.   As stated above, SMI is a deployment partner, not a customer of GVMH.   GVMH continues to manage its current portfolio of cinema locations to maximise audience reach, and is continuing the rollout of panels to other cinema locations.

The full SMI announcement can be viewed here

http://www.smi198.com/attachment/2018120623020100003345138_en.pdf

**ENDS**

For further information, photos and enquiries please contact:

Grand Vision Media Holdings plc Jonathan Lo / Ajay Rajpal
info@gvmh.co.uk
Tel: +44 (0) 20 7866 2145
Alfred Henry Corporate Finance Ltd, Corporate Advisor Nick Michaels / Jon Isaacs
enquiries@alfredhenry.com
Tel: +44 (0) 20 3772 0021
Alexander David Securities Ltd, Broker David Scott
david.scott@ad-securities.comJames Dewhurst
james.dewhurst@ad-securities.com
Tel: +44 (0) 20 7448 9820
Keene Communications, Public Relations Alex Glover
alex@keenecomms.com
Tel: +44 (0) 7887 610335

Company web site: www.gvmh.co.uk

Notes to Editors

Grand Vision Media Group is an integrated out-door digital media company with a difference. We aredeploying innovative display and marketing technologies at strategic, high-traffic locations.  Our glasses-free 3D technology in digital out-of-home (OOH) media is enabling advertisers to engage with affluent consumers in important and growing markets such as China and elsewhere around the world.

I would like to receive Brand Communications updates and news...
Free Stock Updates & News
I agree to have my personal information transfered to MailChimp ( more information )
Join over 3.000 visitors who are receiving our newsletter and learn how to optimize your blog for search engines, find free traffic, and monetize your website.
We hate spam. Your email address will not be sold or shared with anyone else.