BRIEF-Bingo Group Entered Into A Non- Legally Binding MoU

Reuters04-22

April 22 (Reuters) - Bingo Group Holdings Ltd :

* ENTERED INTO A NON- LEGALLY BINDING MOU WITH BEIJING IQIYI TECHNOLOGY CO., AND ZHOULING CULTURE + MEDIA (SHANGHAI) CO.

* TOTAL INVESTMENT BUDGET FOR PRODUCTION DURING COOPERATION TO BE NOT LESS THAN RMB1.5 BILLION

* MOU IN RELATION TO POTENTIAL COOPERATION IN CO-PRODUCING SEQUELS TO ORIGINAL CLASSIC MOVIES, OTHERS

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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