3/17/2023 0 Comments Dmg china![]() ![]() ![]() Please feel free to buy bulk high quality high pressure air. Chinese-language media carried reports of the reverse takeover earlier this month, but DMG had not made a statement until this week, when Variety first reported the news.Ī number of Chinese companies - including restaurant chains, fireworks manufacturers, dairy firms and video game makers - have shown interest this year in acquiring media, TV and film production companies. DMG is one of the leading high pressure air compressor manufacturers and suppliers in China. Media firms remain a highly regulated, largely government-controlled sector in China, and a reverse takeover could allow DMG - which has several non-Chinese principals - to go public without drawing too much attention to itself. ![]() PHOTOS: Behind the scenes of movies and TV Among the entertainment-related companies that recently announced plans for IPOs are Wanda Cinema Line, China’s biggest movie theater chain, which plans to raise $321 million, and Shanghai Film Corp., a film producer, distributor and exhibitor that wants to raise $155 million. Until recently, China had enacted a moratorium on initial public offerings, and a backlog of listings is now awaiting approval. DMG Entertainment is a global media and entertainment company with holdings and operations across motion pictures, television, comic book publishing, gaming, next-gen technology and location-based entertainment.
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