New York – IMAX Corporation has signed agreements to open a total of three IMAX theatre systems in new construction projects across China.
The company will install one system each with existing partner Omnijoi Cinema Development Co., Ltd. (Omnijoi Cinemas) which is slated to open in November 2012, as well as new partners Guangzhou Fanbo Investment Consulting Co., Ltd. (Guangzhou Fanbo) and Zhejiang Wandi International Cineplex Co., Ltd. (Zhejiang Wandi) in January 2013.
Richard L. Gelfond, CEO, IMAX Corporation commented: “As the Chinese cinema market continues to experience rapid growth, both existing and new exhibitor partners are increasingly leveraging IMAX as a competitive advantage for their complexes.”