Poly Theatre Management Co., Ltd., subsidiary of China Poly Group Corporation, signed managing cooperation contract of Wuxi theater with Wuxi municipal government of Jiangsu Province on Nov. 18, 2011, hence, Wuxi theatre had become the 23rd theatres taken over by Poly. Chairman of the Board of Directors of Poly Group Chen Hongsheng went to Wuxi to attend the ceremony and met with Mao Xiaoping, Party secretary of Wuxi municipal committee of CPC.
Chairman Chen thanked for the trust and support of Wuxi government to Poly Group, made brief introduction of Poly Group and decided to well manage Wuxi theatre under the leadership of Wuxi committee of CPC and Wuxi government.
Party secretary Mao Xiaoping made a welcome speech by best wishes to Wuxi theatre’s opening which could bring new cultural elements to the city and he was willing to have in-depth cooperation of multi levels with Poly Group.
During his stay in Wuxi, chairman Chen also inspected concerned real estate projects in Wuxi. He made thorough study on the real estate situation of Wuxi and requested Poly real estate (Jiangxu) company should take every active measure to speed up sales and capital return to guarantee the sustainable cash flow.