Google Translate:
Shanghai Oriental Pearl Culture Development Co., Ltd. and Sony Corporation, a wholly owned subsidiary in China, Sony (China) Co., Ltd. signed a joint venture agreement in China (Shanghai) free trade zone jointly funded trials joint venture responsible for the production, marketing, Sony Computer Entertainment's PlayStation hardware, software and related services business in China.
Shanghai Oriental Pearl Culture Development Co., Ltd. and Sony (China) Co., Ltd. have agreed to jointly set up two companies were responsible for hardware and software products and services.
You can find the rest here: http://static.sse.com.cn/disclosure/listedinfo/announcement/c/2014-05-25/600832_20140526_1.pdf
Sony Computer Entertainment Shanghai is now a thing after a $211.5 million investment. Let’s hope China loves PS4! pic.twitter.com/a9PQz2FEdp
The PS5 Exists.