Hong Hwan Group Subsidiary in Hong Kong Invests in Movie 'Seungriho'

[Asia Economy Reporter Lee Jong-gil] Distributor Merry Christmas announced on the 23rd that it has signed an investment contract for the film Seungriho with World Universal Culture Limited, a subsidiary of Hong Kong's Honghwan Group. Seungriho is the new work of director Jo Seong-hee, who made Wolf Boy and Detective Hong Gil-dong: The Lost Village. It is the first domestic SF film dealing with space, starring actors Song Joong-ki, Kim Tae-ri, Jin Seon-kyu, and Yoo Hae-jin. It is scheduled to be unveiled this summer.

World Universal Culture Limited is a company engaged in film investment, entertainment planning, and sound business. Its parent company, Honghwan Group, started in 1990 with real estate investment and development and has expanded into financial guarantee services, entertainment, education, health medical services, tourism, and food and beverage businesses.

Oh Hye-mi, director of World Universal Culture Limited, said about this contract, "Seungriho is attractive because, unlike the SF blockbusters dealt with so far, it depicts a story that travels between space and Earth," adding, "I am confident that it can be presented to audiences not only as a film but also through various methods such as TV series, games, and animation."

Yu Jeong-hoon, CEO of Merry Christmas, said, "We are pleased in the sense that it has shown a high possibility of success in the global market," and added, "We will create a super IP that expands into various contents such as webtoons, dramas, and games, as well as films."

This content was produced with the assistance of AI translation services.