Huayi Brothers Media Corp. is a Chinese entertainment conglomerate founded in 1994 by brothers Dennis Wang Zhongjun and James Wang Zhonglei. It rose to prominence through successful collaborations with directors Feng Xiaogang and Jiang Wen early in their careers, particularly through Feng's Chinese New Year films. Huayi Brothers played a key role in the marketization of China's film industry in the 1990s and emerged as a leading entertainment company in the 2000s, with businesses spanning film and television production, talent management, music, and fashion. The company was listed on the ChiNext board of the Shenzhen Stock Exchange in 2009. Since the 2010s, it has experienced a gradual decline.
History
Huayi Brothers operates through a number of wholly owned and affiliated subsidiaries, including Huayi Brothers Talent Agency Co., Ltd., Huayi Brothers Film Investment Co., Ltd., Huayi Brothers Television Program Co., Ltd., Huayi Brothers Music Co., Ltd., Huayi Brothers Advertising Co., Ltd., Huayi Brothers International Distribution Co., Ltd., Huayi Vision Media Advertising Co., Ltd., Huayi Brothers Cinema Investment Co., Ltd., and Huayi Brothers Fashion & Culture Media Co., Ltd., among others. In mainland China, its principal competitors are Bona Film Group, China Film Group Corporation, Hairun Pictures, and Orange Sky Golden Harvest.
In 2008, Huayi Brothers acquired the talent agency Zhongqian Longde and the film and television production company Jinze Taihe.
In May 2011, Tencent invested RMB 450 million in Huayi Brothers, acquiring approximately 4.6 percent of the company's shares.