Vividthree Holdings Ltd. announced that the company had on 10 January 2019, incorporated a wholly owned subsidiary, Vividthree Co. Ltd. in the People's Republic of China. The registered capital of the Subsidiary is RMB 2,000,000. The main business activity of the Subsidiary is to support the group's related business, ie. Content Production and Post production. The establishment of the Subsidiary was funded through internal resources and is not expected to have any material impact on the consolidated net tangible assets and earnings per share of the company for the current financial year ending 31 March 2019. None of the Directors or controlling shareholders of the company has any interest, direct or indirect, in the Subsidiary, save for their interests through their respective shareholdings (if any), in the company.