The success of Enlight’s debut film Confession of Pain in 2006 marked the beginning of the company’s rise in the movie world, followed by a number of popular titles, many of which were produced by Wang himself.
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"We pay so much money to buy content," says Charles Zhang, chief executive of Sohu.com China's third largest online video provider. "If piracy continues we won't be able to survive. We bleed and lose money."
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The Shenzhen-listed company's shares grew by 3.50 percent on Friday to 36.05 yuan ($5.93). compared with an overall 1.55 percent increase in the culture sector.
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The movie theater giant plans to price its stock at $18-$20 per share. The IPO would take the company public for the first time in nine years after previous attempts had been shelved.
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Feng's international profile took another leap forward in November when he left his handprints at the TCL Chinese Theater in Hollywood. Yet for all his success, the director at 55 seems to be in a restless state.
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