Zhong Nan Hong Culture Group Co Ltd. Stock Analysis 002445.SZ

Zhongnan Red Culture Group Co., Ltd. engages in distribution of radio, film, television, music programs, cultural entertainment and advanced manufacturing related businesses. The company is headquartered in Wuxi, Jiangsu and currently employs 949 full-time employees. The company went IPO on 2010-07-13. Its machinery manufacturing business primarily manufactures and sells metal pipe fittings, flanges, piping systems, and pressure vessels. These products are primarily used in the petroleum, chemical, marine engineering, shipbuilding, gas, and power industries. Its cultural business involves the investment, planning, production, distribution, and marketing of television dramas and films, the development of their derivatives, and equity investment in the cultural industry. Its new energy business develops, invests in, builds, and operates photovoltaic power plants. The firm sells its products in both the domestic and overseas markets.