IMAX Corporation has expanded its footprint in China by signing an agreement with Guangzhou Jinyi Film & Television Group to open eight IMAX theatres.

The agreement adds to the four IMAX theatres previously agreed between the two parties and means 12 are scheduled to open by 2014.

The first installation is scheduled to be completed during December 2010, followed by another five in 2011, four in 2012, one in 2013 and one in 2014.

The total number of IMAX theatres scheduled to be operating in China by 2014 is 65, and the number of theatre systems signings announced year-to-date by the company is 103, almost three times as the total of 35 signed in 2009.