China National Culture Group Limited (0745.HK) is a Cayman Islands-incorporated investment holding company listed on the Hong Kong Stock Exchange, primarily engaged in advertising, movie production and e-commerce businesses; it provides value-added advertising services through mobile devices, produces and distributes films along with related services such as design and trading, and sells products via the internet including websites, mobile applications and electronic social platforms; operations focus on Hong Kong with extensions into mainland China. The company, founded in 2002 and headquartered at Unit A, 29/F, United Centre, 95 Queensway, Admiralty, Hong Kong, previously operated as China Railsmedia Corporation Limited before changing its name in March 2014; it serves advertising clients in food and beverages, operates communication marketing platforms, and targets e-commerce wholesale primarily in the People's Republic of China. In November 2025, the company entered a non-legally binding memorandum of understanding with Gansu Performing Arts Group Cultural Tourism Industry Development Co., Ltd., a subsidiary of state-owned Gansu Performing Arts Group, to establish a joint venture with minimum investment of HK$20 million for global performance and promotion of the stage play "The Grand Music of Dunhuang Prosperity" or "Music of Dunhuang: Prosperity in Harmony," pending regulatory approvals; this partnership aims to expand the film division through access to local networks and state-owned credibility; earlier in 2025, it proposed a capital reorganization including share consolidation, rights issue and board lot size change, appointed Wang Shidi as executive director in July 2025, and released interim results for the six months ended September 30, 2025.