GHY Culture & Media says that its indirect wholly-owned subsidiary Tianjin Xinhe Culture & Broadcast has entered into a joint investment agreement with Beijing iQIYI Science & Technology to collaborate in the co-production of a stage musical titled "Lion in the Dream", which is slated to be performed in China from August 2021 to August 2022.

Given the stabilisation of the Covid-19 situation in China, most businesses have returned to normalcy. This has, in turn, created opportunities for the group and in its aim to evolve speedily to innovate and diversify its pipeline of entertainment content. The group has leveraged on its content development, end-to-end production and intellectual property creation capabilities to create a diversified ecosystem of interactive content and multi-level entertainment products such as musicals and stage play.

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