According to the Tianyancha App, recently, Shanghai Performing Arts Co., Ltd. was established. The legal representative is Xiao Yeyi, with a registered capital of 2 billion yuan. Its business scope includes song and dance entertainment activities, commercial performances, and performance venue management. According to shareholder information, the company is owned by Shanghai Culture, Radio, Film and Television Group Co., Ltd., Shanghai Guosheng Co., Ltd., Shanghai Huangpu Cultural Tourism Group Co., Ltd., Shanghai State-owned Assets Supervision and Administration Commission, Bailian Group Co., Ltd., Jinjiang International Co., Ltd., and Shanghai Jingwen Investment Co., Ltd., which hold 30%, 25%, 15%, 10%, 5%, and 5% of the shares respectively.

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