Cine Top Culture Holdings ^{Filed Terms, Nasdaq: CJOY}

We are an operator of high-end cinemas in southern China. Since we commenced our business in 2012, we have been developing and operating cinemas on leased commercial properties and generating revenue mostly from ticket sales for motion pictures screened in our cinemas, concession sales of food and beverages as well as related movie-based merchandise at our cinemas. We believe that our audiences are attracted to our cinemas by the films we exhibit, the locations of our cinemas and the overall entertainment experience we offer. Our cinemas are located in major commercial districts and residential areas and provide our audiences with facilities and features such as stadium seating and state of the art projection and sound technologies.