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Huayi Cinemas Incoming AI OperatingChina Cinema Chain OTC Filing
WEST PALM BEACH, FL / ACCESSWIRE / March 20, 2024 / The Company SPORTS QUEST (SPQS) www.sports-quest.co (Company) is providing the following summary snippet of a comprehensive corporate filing on the targeted China based AI cinema chain https://huayicinemas.net/ (AIC). The extensive business operations plan can be viewed on OTC Markets OTC:MSEZ Frilings Supplimental Information.
The filing is a comprehensive 49 page detailed business plan which contains full explanation and elaboration on the company operations including Company Products The Opportunity Management Team Industry Overview Products / Services Description Industry Analysis to name a few . The management is of the opinion that this is a material event that requires a public disclosure.
Shenzhen Huayi Excellent Cinemas Co., Ltd.is headquartered in Futian District, Shenzhen. Guangdong Province, China. As a cultural high-tech enterprise leading the chain operation of movie theaters , the company takes digital intelligent system technology as its core competitive advantage . Through its independently developed "Thousands of Cities, Ten Thousands of Cinemas" large-scale model, it accurately manages chain movie theater resources and data traffic to achieve efficient operations.
The company has currently acquired 12 movie theaters and 3 more under acquisition, located in major cities in China,and with a total of 139 employees at the headquarters and various theaters. It is planned to acquire 50 cinemas by the end of 2024; expand to 150 in 2025; and reach 500 in 2028. At the same time, through independent research and development of AI technology, it is expected to manage 1,000 franchised cinemas in 2025-2026, becoming China's leading cinema chain brand. The company's goal is to achieve 70% market share.
More details will follow shortly.
About SportsQuest, Inc.:
Sports and entertainment hospitality company. In the USA the Company developed and maintains a franchise portal for both front and back-office end users. The Company is in the process of amalgamation with a Mainland China-based theater (cinema) operator with a chain of corporately owned and franchised locations. China-based targeted Business: Shenzhen Huayi Excellent Cinemas Co., Ltd. (Huayi) Huayi is a cultural and high-tech enterprise that leads the operation of cinema chains, with advanced AI system technology at the core. We accurately manage the resources and data traffic of chain cinemas through the self-developed mega-model in many mainland China Cities and Cinemas. We shape a uniquely influential cinema chain brand, integrating advanced AI technology and Big Data intelligence, extending from the industry chain cinema business to the intelligent management of cinema data traffic, comprehensively covering the film industry chain, bringing unique innovation and transformative power to the industry.