Jet Li: Alibaba pictures films new directors-Alibaba, Alibaba, Jet-IT news Jet Li: Alibaba films new directors
Cultural China yesterday issued a notice to confirm the Alibaba IPO of the company was completed on June 24, Ali became the company's largest shareholder, nearly 60% per cent share. Meanwhile, culture media will be renamed "company pictures".
Culture of China's announcement, Dong Ping Chairman and CEO, has resigned from the post of Chief, transferred to the company as a consultant; Alibaba group, Vice President, Digital Entertainment Group President Liu Chunning is expected to serve as President of the company.
Cultural China Board member changes as follows: Dong Ping, Shao Xiaofeng as Executive Director, Liu Chunning as non-Executive Director, Jin Huizhi, Li Zexiong, Li served as an independent non-executive directors.
In March this year, culture, China announced it will issued 12.49 billion new shares at a total value of about HK $ 6.24 billion for the company, 60% per cent of its enlarged share capital. In addition according to the voting results of extraordinary general meeting on June 16 in China, cultural Alibaba, the Chinese will be renamed the motion picture. Ali's film and television business.