Business Daily Media

IMAX China Reports Second Highest CNY Four-Day IMAX box office total of RMB 161 million

42% increase over same period last year Record Day 3 and Day 4 Chinese New Year Box Office

SHANGHAI, CHINA - Media OutReach - 26 January 2023 - IMAX China box office over the Chinese New Year period held strong with record Day 3 and Day 4 box office results as moviegoers continue to flock to theaters over the holiday period.

IMAX China grossed 161million RMB in four days, an increase of 42 % over the same period last year and the second-highest four-day Chinese New Year opening ever. In addition, IMAX's market share for the holiday period to date was 3.5 %, an increase of 86.3bps points over last year.

The 2023 Chinese New Year film line-up is one of the strongest and most diverse in recent years, with IMAX featuring 4 out of the top 5 films, including "The Wandering Earth 2" (Filmed for IMAX), "Full River Red", "Deep Sea", and "Hidden Blade". The positive reaction from Chinese moviegoers to this year's films is a key driver in the recovery of cinema attendance. The Wandering Earth 2" also opened in 31 IMAX theatres in North America on 22 January, with IMAX accounting for 30% of the film's three-day gross USD 340k.

IMAX theaters in China will continue to feature Chinese New Year's titles throughout the holiday and into February. Disney/Lightstorm's "Avatar: The Way of Water", the second highest-grossing IMAX film in China with more than $50 million, will continue its successful run in China. Disney/Marvel's "Black Panther: Wakanda Forever" and "Ant-Man and The Wasp: Quantumania" will also debut in China on Feb 7 and Feb 17 respectively.

Hashtag: #IMAX #IMAXCHINA #HK1970 #Entertainment

The issuer is solely responsible for the content of this announcement.

About IMAX Corporation

IMAX, an innovator in entertainment technology, combines proprietary software, architecture, and equipment to create experiences that take you beyond the edge of your seat to a world you've never imagined. Top filmmakers and studios are utilizing IMAX theaters to connect with audiences in extraordinary ways, and, as such, IMAX's network is among the most important and successful theatrical distribution platforms for major event films around the globe. Streaming technology company SSIMWAVE, an IMAX subsidiary, is a leader in AI-driven video quality solutions for media and entertainment companies.

IMAX is headquartered in New York, Toronto, and Los Angeles, with additional offices in London, Dublin, Tokyo, and Shanghai. As of September 30, 2022, there were 1,703 IMAX theater systems (1,622 commercial multiplexes, 12 commercial destinations, 69 institutional) operating in 87 countries and territories. Shares of IMAX China Holding, Inc., a subsidiary of IMAX Corporation, trade on the Hong Kong Stock Exchange under the stock code "1970."

IMAX®, IMAX® Dome, IMAX® 3D, IMAX® 3D Dome, Experience It In IMAX®, The IMAX Experience®, An IMAX Experience®, An IMAX 3D Experience®, IMAX DMR®, DMR®, Filmed For IMAX™, IMAX LIVE™, IMAX Enhanced™, IMAX nXos®, SSIMWAVE® and Films to the Fullest®, are trademarks and trade names of the Company or its subsidiaries that are registered or otherwise protected under laws of various jurisdictions. For more information, visit . You may also connect with IMAX on Instagram (), Facebook (), Twitter (), YouTube () and LinkedIn ().

About IMAX China
IMAX China is a subsidiary of IMAX Corporation, and was incorporated as a limited liability company under the laws of Cayman Islands. IMAX China was established by IMAX Corporation specifically to oversee the expansion of IMAX's business throughout Greater China. Shares of IMAX China trade on the Hong Kong Stock Exchange under the stock code "1970".

News from Asia

Arrow Electronics Brings Engineering and Supply Chain Capabilities for a Broader Ecosystem across GBA

SHENZHEN, CHINA - Media OutReach Newswire – 12 November 2024 - With the theme of "Shaping a smarter and greener tomorrow," global technology solutions provider Arrow Electronics organized its ann...

CamScanner takes ESG to the next level ahead of 2025 with sustainable education and community support

Company’s innovative digital tools demonstrate its commitment to saving paper, supporting higher-education and strengthening communities NEW YORK, US - Media OutReach Newswire – 12 November 2024 -...

Immuno Cure Biotech Presents Promising Results on Phase I Clinical Trial of a Therapeutic HIV DNA Vaccine

Encouraging findings with immunotherapy aiming at ART-free virological control A significant step towards functional cure of HIV infection HONG KONG SAR - Media OutReach Newswire – 12 November 202...

The Happi Loft Hosts Christmas Charity Celebration to Spread Holiday Cheer to Underprivileged Children

Partnering with Local Shelters, The Happi Loft Brings Festive Cheer with Personalised Gifts, Holiday Crafts, and Cookie Decorating Activities SINGAPORE - Media OutReach Newswire - 12 Novem...

VinFast secures funding from Vingroup and Pham Nhat Vuong to build financial reserves and accelerate growth

HANOI, VIETNAM - Media OutReach Newswire - 12 November 2024 - On 12 November 2024, Vingroup, Vietnam's largest private conglomerate, and its Chairman, Mr. Pham Nhat Vuong, announced a significant ...

Fostering Indigenous Language-Friendly Environments! United for the Preservation of Austronesian Languages in Kaohsiung City, Taiwan

TAIPEI, TAIWAN - Media OutReach Newswire – 12 November 2024 - The 2024 Austronesian Languages Revitalization Forum, organized by Taiwan's Indigenous Languages Research and Development Foundation (...

Wrapped Litecoin ($WLTC) Unlocks DeFi for Litecoin ($LTC) Holders

SINGAPORE - Media OutReach Newswire - 12 November 2024 - Leading digital asset exchange, Coinut, is proud to announce the launch of Wrapped Litecoin ($WLTC) today, November 12. This groundbreaking...

Defining the benchmark for global design – ‘SaloneSatellite Permanent Collection 1998-2024’ Exhibition debuts in Hong Kong

Providing a snapshot of the SaloneSatellite Collection and showcasing the talents of emerging international designers at the West Kowloon Cultural District until 21 November HONG KONG SAR - Media ...

【Power Up Sustainable Fashion Business】 Asia’s grand event Fashion Summit (Hong Kong) returns from 26-28 November

3 Classic Hong Kong-themed Fashion Shows to revisit old Housing Estates, Kai Tak Airport and Kowloon Walled City The First "Fashion Summit Lifestyle Pop-up Shop" staged in 5 exhib...

FlexSystem Achieves ISO 27001 Certification Confirming Robust Information Security Management

HONG KONG SAR - Media OutReach Newswire – 13 November 2024 - Leading enterprise software provider, FlexSystem Limited ("FlexSystem"), has been awarded ISO 27001 certification for its information ...

Accelerating Business Growth: A Comprehensive Review of Strategies and Tactics

If you are a business owner, you know that growth is essential for success. However, achieving business growth is not always a straightforward process...

Business Training

6 Things You Need to Consider When Looking for A Company Car

Setting up a company car is a big decision and one that can have far-reaching consequences for your business, particularly if you choose the wrong o...

Business Training

Branding: A guide to colour

Colour Psychology Bhavani Lee an Associate Creative Director at Vista Australia has shared her insights and expertise on the psychology behind co...

Business Training

Tips For Choosing The Ideal Coffee Table For Your Living Room

In recent years, coffee tables have gained popularity in home decor, thanks to their versatility and stylish appeal. Available in a wide range of ...

Property

What Is A Property Investment Fund?

A property investment fund is a financial vehicle that allows individuals to invest in real estate properties through pooled resources. These fund...

Property

When A Forex Trader Should Make Use Of Free Forex Signals Telegram

Both experienced and new traders make use of the Free Forex Signals Telegram to optimize their profits. Beginners will find the signals important sinc...

Business Training