Alibaba Pictures Group Limited (ÒAlibaba PicturesÓ) is the flagship unit of Alibaba GroupÕs entertainment arm and its core businesses includes four segments: film and television production centered on IP (intellectual property); internet-based promotion and distribution combining internet technologies and traditional off-line distribution; the building and operation of e-commerce platforms for entertainment as an extension of the Alibaba Group ecosystem and international operations that consolidate global resources, technologies and talents in order to participate in the global entertainment industry. Alibaba Group is the largest shareholder of Alibaba Pictures, its mission is to make it easy to do business anywhere. The company is the largest online and mobile commerce company in the world in terms of gross merchandise volume. The company provides the fundamental technology infrastructure and marketing reach to help businesses leverage the power of the Internet to establish an online presence and conduct commerce with hundreds of millions of consumers and other businesses. Alibaba Pictures is well positioned to leverage and integrate its Alibaba GroupÕs resources and technology to carry on the mission of developing its cultural businesses. Focusing on innovation in the cultural industry, Alibaba Pictures bases its operations on the principle, Òcustomer firstÓ and its business development on the powers of the Internet and big data. Alibaba Pictures is a public company listed on the Hong Kong Stock Exchange (HKSE: 1060) and the Singapore Exchange (SGX:S91).