Silverman to Adapt Classic CCTV Cartoon "Big Head Son and Little Head Father" into 300-Episode Sitcom Series

Silverman to Adapt Classic CCTV Cartoon "Big Head Son and Little Head Father" into 300-Episode Sitcom Series

HONG KONG, July 4, 2016 /PRNewswire/ -- Silverman Holdings Limited (''Silverman'', Stock Code: 1616.HK) today announced that its wholly-owned subsidiary Beijing Huasheng Taitong Media Investment Company Limited ("Huasheng Media") has acquired the rights from CCTV Animation Co., Ltd. ("CCTV Animation") to adapt and produce a classic CCTV cartoon Big Head Son and Little Head Father into a 300-episode sitcom series, NewBig Head Son and Little Head Father ("the Show"). Huasheng Media will be able to lock in certain investment return according to the terms of the agreement.

The Show will be produced by Mr. Meng Fanyao, a National Top Ten TV Producer. The 300-episode series, each 30-minutes in length, will be produced for television and will be filmed in three separate 100-episode stages. Shooting of the first stage is expected to be completed during the first half year of 2017. Huasheng Media will leverage its deep production experience and strong brand name to re-create this brand-new sitcom. With the agreement signed, Huasheng Media is currently in pre-production working jointly with CCTV Animation who will co-produce the Show and use its extensive channels to market it.

Big Head Son and Little Head Father first aired on CCTV in 1995 and is one of the most iconic Chinese cartoons of the past 20 years. It tells the story of an ordinary Chinese family in a comedic manner and features bright and vivid characters as well as touching plotlines, and was recognized as one of the top 15 children's cartoons recommended by the Publicity Department of the Communist Party of China, Ministry of Education and Communist Youth League of China.

Film and television series adapted from well-known intellectual property ("IP") are highly sought-after and have generated successive record-breaking ratings in China. Well-known IP also generate profit from embedded advertisements and relevant merchandise sales in addition to traditional sales and broadcasting rights. Huasheng Media, a wholly-owned subsidiary of the Company with industry-leading film and television production capabilities, is pleased to partner with CCTV to produce New Big Head Son and Little Head Father. This will further reinforce Silverman's competitive advantage and reputation in the production and investment in film and television. As the first of its kind adaptation format for a classic CCTV cartoon, the Show will continue to build upon the IP and strengthen its relationship with CCTV.

Leveraging its leading production capacity, Silverman actively explores opportunities in the media industry to enhance profitability and is committed to becoming a first-class film and television production company in China with a leading market position in terms of both product quality and production output.

About Silverman

Silverman Holdings Limited (1616.HK), listed on the Hong Kong Stock Exchange in 2012, operates business in film, television and media industry in pursuit of new growth driver and aims to be the biggest film and television production company in China. In 2015, Silverman completed the acquisition of Beijing Huasheng Taitong Media Investment Company Limited, a domestic film and television production company led by Mr. Meng Fanyao, a National Top Ten TV Producer. Beijing Huasheng Taitong Media owns a production scale of over one hundred episodes per annum and has gained excellent production capacity, with premium television series including Qiao's Grand Courtyard, Mazu and The Wild Duck. Its latest TV series ''Eastern Battlefield," a 66-espisode history drama on Chinese People's War of Resistance against Japanese Aggression, has attracted RMB200 million investment and is currently being broadcasted on Jiangsu and Hubei Satellite TV as well as at Tencent Video. The acquisition of Huasheng Media marked Silverman's first move into the film, television and media industry and will further implement the new business strategy so as to capture favorable development opportunities in the industry, enhance revenue and profitability and provide better return for its shareholders.

For further enquiries, please contact

Christensen China Limited
Tel: (852) 2117 0861
Fax: (852) 2117 0869
Email: Silverman1616@christensenir.com

SOURCE Silverman Holdings Limited

Silverman Holdings Limited


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