Bona Film Group Added to NASDAQ Golden Dragon China Index
BEIJING, Dec. 23, 2013 (GLOBE NEWSWIRE) -- Bona Film Group Limited ("Bona" or
the "Company") (Nasdaq:BONA), a leading film distributor and vertically
integrated film company in China, today announced that the Company was added
to the NASDAQ Golden Dragon China Index (Nasdaq:HXC) (the "Index") effective
December 23, 2013.
The Index, which is rebalanced quarterly, is designed to provide insight and
access to the unique economic opportunities taking place in China while still
providing the transparency offered with U.S. listed securities. The NASDAQ
Golden Dragon China Index includes companies that conduct the majority of
their business within the People's Republic of China, are listed on the Nasdaq
Stock Market, the New York Stock Exchange or NYSEArca and have a market
capitalization greater than $100 million.
"The Chinese film market is growing rapidly and Bona's business model is
well-positioned to contribute to and benefit from continued progress in the
industry. Additionally, the strategic investments made by 21^st Century Fox
and Fosun Group in our Company, as well as the launch of our RMB 1 billion
film fund to support Bona projects for the next two years have been well
received by investors and instill confidence in our business going forward.
Our addition to the NASDAQ Golden Dragon China Index signifies the opportunity
that lies ahead for our Company, and we believe our addition to the Index will
help to further increase awareness of BONA shares among investors," said Mr.
Yu Dong, Founder, Chairman and CEO of Bona.
About Bona Film Group Limited
Bona Film Group Limited (Nasdaq:BONA) is a leading film distributor in China,
with an integrated business model encompassing film distribution, film
production, film exhibition and talent representation. Bona distributes films
to Greater China, Korea, Southeast Asia, the United States and Europe, invests
and produces movies in a variety of genres, owns and operates twenty-one movie
theaters and manages a range of talented and popular Chinese artists.
For more information about Bona, please visit http://www.bonafilm.cn.
To be added to Bona's email list to receive Company news, please send your
request to firstname.lastname@example.org.
The Bona Film Group Limited logo is available at
Forward Looking Statements
This news release may contain certain "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, and as defined in the
U.S. Private Securities Litigation Reform Act of 1995. These forward-looking
statements can be identified by terminology such as "will," "expects,"
"anticipates," "future," "intends," "plans," "believes," "estimates" and
similar statements. All statements other than statements of historical fact in
this press release are forward-looking statements and involve certain risks
and uncertainties that could cause actual results to differ materially from
those in the forward-looking statements. These forward-looking statements are
based on management's current expectations, assumptions, estimates and
projections about the Company and the industry in which the Company operates,
but involve a number of unknown risks and uncertainties. Further information
regarding these and other risks is included in the Company's filings with the
U.S. Securities and Exchange Commission. The Company undertakes no obligation
to update forward-looking statements to reflect subsequent occurring events or
circumstances, or changes in its expectations, except as may be required by
law. Although the Company believes that the expectations expressed in these
forward-looking statements are reasonable, it cannot assure you that such
expectations will turn out to be correct, and actual results may differ
materially from the anticipated results. You are urged to consider these
factors carefully in evaluating the forward-looking statements contained
herein and are cautioned not to place undue reliance on such forward-looking
statements, which are qualified in their entirety by these cautionary
CONTACT: In China:
Ms. Lingzi Gui
Bona Film Group Limited
In the U.S.:
The Piacente Group, Inc.
Tel: (212) 481-2050
Bona Film Group Limited Logo
Press spacebar to pause and continue. Press esc to stop.