eSun Holdings Limited is an investment holding company. Through its subsidiaries, the Company is engaged in the development and operation of and investment in media, entertainment, music production and distribution, investment in and production and distribution of film and video format products, the provision of advertising agency services and sale of cosmetic products. It has three segments: media and entertainment, which is engaged in the investment in, and the production of, entertainment events, the provision of artiste management services, album sales and distribution and license of music; the film production and distribution segment, which is engaged in the investment in, production of, sale and distribution of films, as well as distribution of video format products derived from these films and film licensed-in by it. On July 27, 2011, the Company sold 60% of Cyber One Agents Limited, and acquired 33.33% of East Asia Satellite Television (Holdings) Limited.