MEGA EXPO Subsidiary Mega Exhibition Undertakes CIIE Projects Furthers MICE Business in China
HONG KONG,Nov. 14,2018 -- Mega Expo Holdings Limited ("Mega Expo" or the "Group"; stock code: 1360),a leading provider of all-rounded cultural and entertainment solutions,announced that the Japanese Technology and Culture Exhibition staged at the Shanghai Hongqiao Import Trade Exhibition Center,a platform aiming to amplify the overflow effect of the first China International Import Expo ("CIIE"),undertaken by its subsidiary Mega Expo International Limited ("Mega International") opened officially on 5 November 2018. It marked the start of Mega Exhibition's formal pursuit of related business in the China market.
The Japanese Technology and Culture Exhibition,which will last for two months,has the support of the Shanghai Hongqiao Central Business District Management Committee and Shanghai Minhang District Government,and was put together by Mega International. Coinciding with the 40th anniversary of the signing of the Treaty of Peace and Friendship between Japan and China,the 45th and 22nd anniversary of forging of friendship between Shanghai with Yokohama and Nagasaki respectively,the exhibition is joined by more than 60 Japanese exhibitors from cities and counties including Yokohama,Nagasaki,Ibaraki and Fukushima,which have representative offices in Shanghai.
The first China International Import Expo has attracted more than 3,600 enterprises from 172 countries and regions and also international organizations to participate and more than 400,000 local and overseas merchandisers to attend and make purchases. The exhibition floor spans300,000 square meters and as of noon on 10 November 2018,it welcomed accumulatively800,000 visitors and in all USD57.83 billion worth of orders were received.
Mr. Deng Zhonglin,Chairman of Mega Expo,said,"Mega International is gradually shifting its focus to the potential rich China market. The core functional platform the Shanghai Hongqiao Business District offers is the bridgehead for leading foreign technologies,products and services to enter the China market. Through this latest cooperation between Mega International and the management committee of the Shanghai Hongqiao Business District and adhering to the '6+365' guideline of the CIIE,Mega Expo has participated in helping the Business District achieve its goals of building an international trade center for the country,and a major carrying area and platform for cooperation in the Yangtze River Delta,thereby better serve both the international and domestic markets. The collaboration marks the Group's more intensive effort to develop exhibition business in China. Guided by the theme of 'New Era,Shared Future',China is opening her arms to global partners and honoring diversity so as to create a more inclusive market environment. Both Mega Expo and Mega International will seize opportunities in the China market and exert their very best in developing exhibition business."
About Mega Expo Holdings Limited (Stock code: 1360)
Mega Expo Holdings Limited is a leading provider of all-round cultural and entertainment solutions. Its business covers mainly preparation and management of exhibitions,and provision of comprehensive and systematic operational solutions to the cultural and entertainment industries. For organizing and management of exhibitions,Mega Expo provides one-stop contract service that entails booth design,equipment procurement and installation,and also planning of exhibitions,product launch,overseas exhibitions,promotions and music awards,etc. As for provision of operational solutions to the cultural and entertainment industries,Mega Expo mainly offers brand licensing and operation service for bars and restaurants. Its subsidiary brand "NOD Union" provides comprehensive business consultation,membership services,contracting services and entertainment equipment solutions,plus activity planning services and financing service to clubs,bars and lounges in the entertainment industry and alcohol and beverage suppliers.
