Lehua Entertainment's Hong Kong Stock Exchange IPO opened sharply Han Geng, Wang Yibo and many other stars attended

On January 19, 2023, Lehua Entertainment Group ("Lehua Entertainment", stock code: 2306) held a grand listing bell-ringing ceremony, announcing its official landing on the Hong Kong Stock Exchange and becoming the "first artist management share" in Hong Kong stocks. As a well-known and influential artist management company, Lehua Entertainment's IPO price was HK$4.08 per share, up 37% on the first day, and up 58.8% as of press time.

On the same day, Ms. Du Hua, founder and CEO of Lehua Entertainment Group, invited Han Geng, Wang Yibo and other important guests to ring the listing bell on the stage to witness this important and brilliant moment of Lehua Entertainment Group! Zhang Guohua, former director of the Advertising Supervision and Administration Department of the State Administration for Industry and Commerce and current president of the China Advertising Association, Yu Dong, founder of Bona Film Group, Mr. Li Jie, CEO of Alibaba Pictures, Zheng Zhihao, CEO of Maoyan Entertainment, Cheng Er, famous director Cheng Er and more than 100 well-known people from all walks of life attended the listing ceremony, including Han Geng and Wang Yibo, shareholders of Lehua Entertainment, as well as artists Wu Xuanyi, Huang Minghao, Wang Xi, Bi Wenjun, etc. under Lehua Entertainment.

At the listing ceremony of Lehua Entertainment, Ms. Du Hua, founder and CEO of Lehua Entertainment, delivered a speech on the spot, thanking all guests for witnessing the development milestone of Lehua Entertainment, she sincerely said, "Today, the fourteenth year of Lehua's establishment, Lehua Entertainment will also usher in a new height. But I will always have a heart of awe, a grateful heart, and tremble as in the early days of entrepreneurship, because I know that the development path is not smooth, every decision and every detail determines success or failure, and I dare not slack. I know that this moment is just another beginning, we must continue to develop and innovate unremitting efforts, in order to be worthy of hundreds of millions of shareholders, investors, artists and employees, we must walk slowly and carefully, in order to go faster. ”

It is reported that Lehua Entertainment Group has built a Lehua model covering the whole life cycle of artist management, covering all links of trainee selection, artist training, artist operation and artist promotion, and rapidly enhancing the commercial value of artists with strong industry resources, thereby enhancing brand influence and effectively consolidating the company's leading position in the artist management market. Up to now, Lehua Entertainment has a total of 69 signed artists, including Wang Yibo, Zhu Zhengting, Fan Chengcheng, Huang Minghao, Cheng Xiao, Wu Xuanyi, and a large number of young artists including Wang Yibo, Zhu Zhengting, Fan Chengcheng, Huang Minghao, Cheng Xiao, Wu Xuanyi, and 59 trainees in the training stage of the company, providing sufficient talent reserves for future development.

While continuing to consolidate the advantages of artist management business, Lehua Entertainment relies on its industry experience in the artist management market to actively expand its pan-entertainment business, such as the commercial development of virtual artists, the licensing of variety show forms, the sale of artist-related derivatives, and the production and investment of variety shows, dramas and films, and continues to expand its business scale and market share through diversified and all-round business layout, achieve rapid growth in performance, and promote the company's long-term sustainable development.