Camsing target for Marvel manBusiness | Joyce Chen 8 Dec 2017
The 95-year-old "Marvel Father" Stan Lee attended the Camsing International (2662) investor luncheon and promised he will help the company become the biggest and most successful movie maker on earth.
Lee, the ex-chief editor of Marvel Comics, has created many superheroes such as Spiderman, Iron Man and Thor.
He hopes to achieve something bigger and more exciting than he did in Marvel for Camsing, adding that "there is nothing more exciting than to produce something people love, and also make money from it."
Camsing, a company concentrating on electronic circuit production before, is now shifting to a comprehensive cultural industry group which focuses on selling intellectual property authorization and IP derivatives such as toys and games. It aims to become the Eastern Marvel in the next three to five years.
Gross profits from sales of IP derivatives could reach 30 percent to 40 percent, said its chairman, Vivian Lo.
The group is also at the pre-production stage of a Chinese female superhero character called Realm of The Tiger, with six new superheroes ready to put on the market and 15 more on the way.
Camsing acquired Lee's POW! Entertainment in October, and therefore owns about 250 undisclosed IPs created by POW!, which is about a half of the group's store.