The second upgrade of organizational structure Zhejiang Huace Film And Tv Co.Ltd(300133) appointed Fu Binxing as president

On January 9, Zhejiang Huace Film And Tv Co.Ltd(300133) announced that Zhao Yifang was elected chairman of the company and Fu Binxing was appointed president. At the same time, it announced the adjustment of the company's organizational structure, the adjustment of Hangzhou business group into Hangzhou Drama Center, and the merger with the drama R & D center; Beijing business group, Shanghai business group and Hangzhou Drama Center jointly develop the main business of TV dramas; Develop four new business innovation and development sectors: film, copyright, international and metauniverse.

The announcement said that the appointment of Fu Binxing as president aims to further promote the youth, specialization and internationalization of the core leadership and promote the upgrading and development of the organization. It is reported that Fu Binxing has a master's degree in British film business. He joined Zhejiang Huace Film And Tv Co.Ltd(300133) in 2007. After experience in front-line posts such as international distribution and TV drama production, he expanded Zhejiang Huace Film And Tv Co.Ltd(300133) Beijing business from scratch, successfully developed diversified businesses such as TV drama, film, artist brokerage, music and animation, and promoted the business integration of Zhejiang Huace Film And Tv Co.Ltd(300133) "the whole film and television industry chain". Fu Binxing's strategic vision of internationalization and rejuvenation will inject new forces into Zhejiang Huace Film And Tv Co.Ltd(300133) .

From the specific content of organizational upgrading, Zhejiang Huace Film And Tv Co.Ltd(300133) after the integration and addition of new departments, the latest organizational structure includes: President's office, organization and talent development center, film business department, Beijing business group, Shanghai business group, Hangzhou Drama Center / Drama R & D center, copyright entrepreneurship company, international business Department, yuancosmos new business department, financial management center Strategic investment center, etc. After the upgrade, the organizational structure is clear, focusing on business development in an all-round way.

In terms of strategic upgrading, Zhejiang Huace Film And Tv Co.Ltd(300133) adheres to "taking content as the core", adjusts Hangzhou business group to Hangzhou Drama Center, focuses on the development of TV drama business, and merges with large drama R & D center to further implement the head content strategy; Beijing business group, Shanghai business group and Hangzhou Drama Center jointly develop the main business of TV dramas.

In terms of business upgrading, Zhejiang Huace Film And Tv Co.Ltd(300133) integrates high-quality resources and develops four new business innovation and development sectors: film, copyright, international and metauniverse. The company integrates the cinema business division with the film production, investment and publicity business of Huace film to form a film business division; Integrate copyright businesses such as Jiayun society, olive and drama alliance into copyright start-ups, and build a high-tech digital film and television entertainment material operation platform. At the same time, a special new business department of meta universe was established to seize the new development opportunities in the digital era.

In addition, the front-end business is empowered through the construction of the middle platform, the operation management center takes the lead, and the brokerage business management center, R & D (evaluation) center, data center, production center and copyright center jointly form the middle platform support organization system; In addition to performance target management and business collaboration, the operation management center is responsible for the digital construction of enterprises. At the same time, the company integrated and upgraded the functional departments, incorporated the brand marketing center, legal management center and risk control management center into the president's office, and undertook the functions of administration, brand publicity, public affairs and legal affairs as a whole; Upgrade the human resource center into an organization and talent development center to undertake the enterprise strategy from a higher dimension; Merge the strategy department and investment management center into a strategic investment center to promote the two-way promotion of strategy and investment.

(source: China Securities Journal)

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