Shangyingyuan Cultural Technology Development Co., Ltd. announced that it has received CNY 30 million in funding from Shanghai Animation Film Studio Co., Ltd., Shanghai Film Group Co. Ltd, Shanghai Film Co., Ltd.

Shanghai Film Co Ltd is a China-based company and mainly engaged in film distribution and projection. The main business of the company includes film distribution and sales, theater chain operation and investment, development, and operation of cinema. The movies distributed by the company include The Lost Bladesman, China 1911, The Orphan of Chao, and Finding Mr. Right, among others.