The Capital Cinema was founded in 1937. Its predecessor was the "Xinxin Grand Theater" which was jointly financed and built by Mr. Ma Lianliang, the famous Peking Opera artist and his friends. In June 1950, Premier Zhou named it "Capital Cinema" and Mr. Guo Moruo inscribed the name of the cinema, making it the first national cinema in China. Huarong Capital Cinema Management (Beijing)Co.,Ltd. is the operating entity of Capital Cinema.Historically, the Capital Cinema has achieved many firsts in the industry: The first widescreen stereo cinema in China, the first optical stereo cinema in Beijing, the first cinema with a box office over one million yuan in Beijing, the first cinema with a box office over ten million yuan in Beijing, and the champion of annual box office among nationwide cinemas etc. The Capital Cinema has received Chairman Mao, Zhu De, Zhou Enlai, Liu Shaoqi, Chen Yi and other CPC and state leaders for many times and a great many national cultural activities have been organized and held here. It is praised as "A banner of Chinese film projection industry."Today, under the management of Huarong Capital Cinema Management (Beijing)Co.,Ltd, a high-quality chain operation has been achieved. At the same time, it is also operating Beijing Daguanlou Cinema-the "Birthplace of Chinese Films", as well as Guang’anmen Cinema and Zhonghua Cinema, which also have a long history. Now there are 7 cinemas, 53 cinema halls and 7,536 seats under the cinema.At present, cinemas under Huarong Capital Cinema differ from one another. Among them, the flagship Cinema, Capital Cinema Xidan , became the box office champion in China in its first full operation year after re-opening. For many years, it has always been in the forefront of the box office nationwide.