China Lucky Film
Encyclopedia
China Lucky Film Corporation is the largest photosensitive materials and magnetic recording media manufacturer in Baoding
Baoding
-Administrative divisions:Baoding prefecture-level city consists of 3 municipal districts, 4 county-level cities, 18 counties:-Demographics:The Baoding urban area has a population of around 1,006,000 . The population of the Baoding administrative area is 10,890,000. The considerable majority are...

, Hebei
Hebei
' is a province of the People's Republic of China in the North China region. Its one-character abbreviation is "" , named after Ji Province, a Han Dynasty province that included what is now southern Hebei...

 province, China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

.

History

Founded in 1958, Lucky Film markets consumer and industrial chemicals and photosensitive products including color, black and white and X-ray film, magnetic audio and video tape and magnetic tape for credit card
Credit card
A credit card is a small plastic card issued to users as a system of payment. It allows its holder to buy goods and services based on the holder's promise to pay for these goods and services...

s and other electronic devices.

Baoding Lucky Digital Imaging Co, a subsidiary of China Lucky Films, produces inkjet photo paper
Inkjet paper
Inkjet paper is a special fine paper designed for inkjet printers, typically classified by its weight, brightness and smoothness, and sometimes by its opacity.-Manufacture:...

, clear film, and PVC
Polyvinyl chloride
Polyvinyl chloride, commonly abbreviated PVC, is a thermoplastic polymer. It is a vinyl polymer constructed of repeating vinyl groups having one hydrogen replaced by chloride. Polyvinyl chloride is the third most widely produced plastic, after polyethylene and polypropylene. PVC is widely used in...

 cards with laminating
Laminate
A laminate is a material that can be constructed by uniting two or more layers of material together. The process of creating a laminate is lamination, which in common parlance refers to the placing of something between layers of plastic and gluing them with heat and/or pressure, usually with an...

 film as well as compatible inks for desktop and large format printers.

Lucky's major competitors in China are America's Eastman Kodak
Eastman Kodak
Eastman Kodak Company is a multinational imaging and photographic equipment, materials and services company headquarted in Rochester, New York, United States. It was founded by George Eastman in 1892....

 and Japan's FujiFilm
Fujifilm
is a multinational photography and imaging company headquartered in Tokyo, Japan.Fujifilm's principal activities are the development, production, sale and servicing of color photographic film, digital cameras, photofinishing equipment, color paper, photofinishing chemicals, medical imaging...

. Kodak is the largest supplier in the market holding over 60% market share, but Lucky is extremely strong the Chinese rural market.

In 2003, Eastman Kodak
Eastman Kodak
Eastman Kodak Company is a multinational imaging and photographic equipment, materials and services company headquarted in Rochester, New York, United States. It was founded by George Eastman in 1892....

and China Lucky Film signed a 20 year co-operation agreement. In the agreement, contributed US$45 million in cash and provided an emulsion making line for color products for a 20 per cent stake in Lucky Film. Kodak also provided US$54.5 million and technical support to assist Lucky in upgrading its existing triacetate film base production and coating lines.

In 2007, Kodak retracted from the deal, citing the growth of digital cameras in the Chinese market, having hoped that market would remain with film in the short term.

External links

China Lucky Films
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