Zhejiang Huace Film and TV Group, John Hughes VFX (Beijing) and Nantong Tangzha Old Town Culture and Tourism Development have signed a joint venture agreement to establish the Nantong HC-JH Artistic Creation Park, to be located at the Tangzha International Film and Television Base. The project aligns with preservation and development efforts by Tangzha Old Town while creating a local animation and VFX center and talent training base — bringing together Huace Film University’s and John Hughes Academy’s education models and brands.
“This joint venture will allow JHVFX to leverage its global talent to partner with Zhejiang Huace to create a strong presence for entertainment content creation in China,” said John Hughes, Chairman of JHVFX. The partnership also includes a production deal to develop and produce films, television series, immersive media (VR, AR, MR), digital media and game products, and theme park attractions.
“This joint venture plays to the core strengths of both Zhejiang Huace and JHVFX, tapping into a vast library of Huace content while enabling the development of new, high-end entertainment experiences for the global market,” added JHVFX Creative Director Walt Jones.
Before the signing ceremony, Communist Party Municipal Secretary General, Zhipeng Lu, met with the Zhejiang Huace and JHVFX executives and approved the venture, which he said “would focus attention on Tangzha’s development of its cultural tourism as well as a continuous sponsorship of the Old Town’s preservation and utilization.”
The signing ceremony was also attended by the Deputy Secretary and Propaganda Chief Zhang Zhaojiang, Standing Committee member and Secretary General Shen Le and government administrators of Gangzha District and Tangzha.
JHVFX is the Chinese arm of Tau Films (taufilms.com), a high-end visual effects and entertainment production company, headquartered in Los Angeles with offices in Canada, India and, Malaysia. The company delivered effects for historic epic Baahubali: The Beginning, which set box office records for an Indian film when it came out in 2015.
Zhejiang Huace Group (huacemedia.com) is a comprehensive media company focused on investment, production and distribution of feature film and TV dramas. Huace was established in Hangzhou in 2005, and has topped the list of Forbes Top 100 Listed Chinese Companies with the Most Potential.