??Reporters learned from the finance office of Qingdao West Coast New Area that, to support the development of the film and television industry in this area,Qingdao Daqian Private Capital Management Co., Ltd. establishedFuHaiDaqian Television Cultural Investment Fund in December last year, whose scale was 100 million yuan. This fund is set under the support of the finance office, with a joint effort ofthe local organizations including Shanghai Pudong Development BankWest Coast operations headquarter,Beijing Chenming Media Co.,Ltd., Shenzhen City Fuhai Oriental Investment Management Co., Ltd. and Shanghai Fuhai Wansheng Investment Management Co., Ltd.  This is Qingdao city's first film culture special fund and it signified the beginning of  private capital investment film-television fundof the island city.

6 to 8 maturefilm projects wereaccomplishedbyBeijing Chenming Media Co.,Ltd,including video production,publicity, distribution and so on.This is aninnovation in the television industry for the city and even the province, by the joint efforts of local financial organizationsand banking institutions.Exploration of “new investment pattern of film + financial”is an important demonstration of private capital invested into the film culture industry??.

The movie peerless master invested by thefund,was on screen throughout the country on July 7th, earning a good box office and film reviews.??