Damai Holdings
Luyuan Fan has been an executive director of Alibaba Pictures since January 2016, and currently serves as the chief executive officer and chairman of Alibaba Pictures.
Luyuan Fan joined Alipay in 2007, where he served in a number of senior management positions, including the president of Alipay and the president of Ant Group’s wealth management business.
Luyuan Fan holds an executive master’s degree in business administration from Cheung Kong Graduate School of Business.
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Damai Holdings
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Alibaba Pictures Group Limited is an investment holding company principally engaged in the entertainment related business. The Company operates through five business segments. The Content Production Segment is engaged in the production of entertainment content, such as film and television (TV) dramas. The Internet-based Promotion and Distribution segment is engaged in the operation of an integrated online to online (O2O) platform for the promotion and distribution of entertainment content, as well as the provision of online movie ticketing services and ticket issuance system. The Entertainment E-commerce segment is involved in the operation of a customer to business (C2B) financing platform for entertainment content, as well as the development and online sales of entertainment related merchandise. The International Operations segment is engaged in the commercial involvement in international entertainment related projects or businesses.