The Chinese state-owned company Hualu Group will soon launch a video website Hualu5.com via its subsidiary Hualu Culture Industry Company.
Hualu's online video website
The Liaoning province based company announced its intention to enter Chinese Internet video market next month.
Hualu Group is an electronics manufacturer focusing mainly on audio and video electric products.
Hualu5.com's business model will combine videos with e-commerce, including broadcasting of popular TV series, interactive advertising, and sales of Blu-Ray discs.
