China’s Wanda Movie has appointed actress-turned-film government Chen Xi as board director and chair.
Based on native experiences, Chen (who additionally goes by Yedda Zhixi Chen) will moreover function the authorized consultant of Shenzhen-listed Wanda Movie, which is the nation’s largest cinema operator. Wanda Movie funds Chinese language movies and has a stake in Dune producer Legendary Leisure.
Since 2015, Chen has served as government director of Ruyi Holdings and president of Shanghai Ruyi Tv Manufacturing.
This comes after the chairman of Chinese language large Dalian Wanda and two Wanda working items agreed to promote a mixed 51% stake within the controlling shareholder of Wanda Movie to an organization linked to Chen’s employer, China Ruyi Holdings.
Shanghai Ruyi Funding Administration, which is shopping for the stake, is managed by Ke Liming, chairman of film producer and on-line streaming service Ruyi.
Whereas at Ruyi, Chen was an investor and producer of extremely profitable movies, together with Moon Man and Hello Mother. Gathering $460M on the field workplace, Moon Man was the eleventh highest-grossing movie of 2022, simply above Implausible Beasts: The Secrets and techniques of Dumbledore. Hello Mother (2021) was the world’s highest-grossing movie made by a solo feminine director, till Barbie in 2023. In October 2023, Sony acquired the English-language remake rights to the movie.
In her appearing profession, Chen appeared in Misplaced in Thailand (2012), Detective Chinatown (2015), Animal World (2018) and Detective Chinatown 3 (2021). She graduated from Beijing’s Central Academy of Drama with a bachelor’s diploma in efficiency and in addition holds a grasp’s diploma in finance from Tsinghua College.
