Gelonghui, July 22 | According to Haitong Securities Research Report, by the end of March 2024, Fenzhong Media (002027.SZ) cinema media had cooperated with 1,831 cinemas, about 0.013 million cinemas, covering movie viewers in 271 cities in China. In 2024, the company's domestic media resources are expected to increase slightly, and the number of overseas resources is expected to show a relatively high increase. I believe that the company has high-quality customers in the Japanese consumer industry to enter the basic market. At the same time, at different stages of development, it will continue to benefit from the rise of new industries or industrial transformation, and focus on the growth of technology consumption and new energy vehicle segments. Furthermore, since 2017, the company has developed overseas media business through holding or joint ventures. By the end of March 2024, the number of overseas ladders was 0.172 million blocks. In response to the country's “Belt and Road” initiative, a second curve for the company's development was established. The bank gave the company an “superior to the market” rating, corresponding to a reasonable value range of 8.88-10.36 yuan/share.