BEIJING, Jan. 13, 2015 (GLOBE NEWSWIRE) -- Bona Film Group Limited ("Bona" or the "Company") (Nasdaq:BONA), a leading film distributor and vertically integrated film company in China, today announced that its most recent blockbuster film, " The Taking of Tiger Mountain," has generated over RMB800 million (US$130 million) in domestic box office receipts, as of January 12, 2015, becoming Bona's highest grossing film to date, ranking as one of the top 10 highest box office films released in Mainland China including imported films. The film was released nationwide in China on December 24, 2014, and has led the China box office for the last three weeks. Furthermore, the box office of the film is continuing its momentum throughout the remainder of its theatrical run. Bona Founder, Chairman and CEO Mr. Yu Dong commented, "I am extremely thrilled with the great success of The Taking of Tiger Mountain, and couldn't be happier to start the year on such a positive note. The film has surpassed The Continent as the highest grossing film in Bona's history. Furthermore, entering the fourth week of its release, The Taking of Tiger Mountain is still going strong and we are very pleased to continue receiving positive audience feedback and critical acclaim. This is a testament to the strong capabilities of our film production and distribution segments, which are critical in successfully reaching the China film market, the second largest film market in the world." "For the full year 2014, Bona's films generated a total of RMB2.6 billion in box office receipts, representing an over 100% growth year on year. I have great confidence in our upcoming film slate for the Chinese New Year festivities, and look forward to achieving another great year in 2015," Mr. Yu concluded. The Taking of Tiger Mountain was directed by Tsui Hark, and stars Hanyu Zhang, Tony Leung, Gengxin Lin, Nan Yu and Liya Tong. The film is based on an extremely well known Chinese folk tale called " Tracks in the Snowy Forrest" and incorporates the most advanced 3D and computer graphics technology. About Bona Film Group Limited Bona Film Group Limited (Nasdaq:BONA) is a leading film distributor in China, with an integrated business model encompassing film distribution, film production, film exhibition and talent representation. Bona distributes films to Greater China, Korea, Southeast Asia, the United States and Europe, invests and produces movies in a variety of genres, owns and operates twenty-two movie theaters and manages a range of talented and popular Chinese artists.
For more information about Bona, please visit http://www.bonafilm.cn.To be added to Bona's email list to receive Company news, please send your request to email@example.com. The Bona Film Group Limited logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=15750 Forward Looking Statements This news release may contain certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. All statements other than statements of historical fact in this press release are forward-looking statements and involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements are based on management's current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates, but involve a number of unknown risks and uncertainties. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.
CONTACT: In China: Peng Li Bona Film Group Limited Tel: +86-10-5631-0700-398 Email: firstname.lastname@example.org In the U.S.: The Piacente Group, Inc. Investor Relations Don Markley Tel: (212) 481-2050 Email: email@example.com