DMG Yinji is a Chinese-based entertainment and media company. It began as DMG, an advertising agency, in the early 1990s, and it began distributing non-Chinese films in the Chinese film market in the late 2000s. It also began producing Chinese films, starting with The Founding of a Republic (2009). At the same time, the company established its US operations and began producing Hollywood movies and distributing them in China, such as Looper (2012), Iron Man 3 (2013), Transcendence (2014) and Point Break (2015). As part of a strategic reorganization in 2015, DMG announced it's China-based operations would list on the Shenzhen Stock Exchange through a reverse takeover involving Shenzhen Stock Exchange-listed Sichuan Gaojin Foods, a pork and meat processor. The deal, as reported by Variety, involved Gaojin issuing shares to buy up the larger DMG and set a valuation for DMG of RMB6.01 billion (US$970 million). Following the share issue, Peter Xiao Wenge, DMG’s chairman and biggest shareholder, was reported to become the largest individual shareholder of the listed company. Under the new corporate structure, the listed Chinese company was renamed Yinji Entertainment & Media Co. Ltd. [SZSE 002143] or more commonly DMG Yinji. US-based operations remain privately controlled and operate under the DMG Entertainment brand.