Core Viewpoint - Global Mofy AI Limited successfully closed a private placement financing, raising approximately $2.5 million to enhance its generative AI capabilities and expand its digital asset offerings in the virtual content industry [1][2][3]. Group 1: Financing Details - The Company issued 5,000,000 Class A ordinary shares and 10,000,000 warrants, each warrant allowing the purchase of one Class A Ordinary Share at an exercise price of $3.00 [1]. - The gross proceeds from the Offering were approximately $2.5 million, which will be used for the development of the generative AI platform, research and development, administrative operations, talent acquisition, and working capital needs [2]. Group 2: Company Strategy and Vision - The CEO of Global Mofy expressed excitement about the financing round, emphasizing its importance in leading the generative AI transformation in the digital content sector [3]. - The funding will enable the Company to strengthen its AI capabilities, expand its 3D digital asset offerings, and explore new applications for AI in the virtual content industry [3]. Group 3: Company Overview - Global Mofy AI Limited is a generative AI-driven technology solutions provider focused on virtual content production and the development of digital assets for the digital content industry [5]. - The Company utilizes its proprietary "Mofy Lab" technology platform to create high-definition 3D digital assets applicable in various fields such as movies, TV series, AR/VR, animation, advertising, and gaming [5]. - Global Mofy Metaverse is recognized as one of the leading digital asset banks in China, housing over 100,000 high-precision 3D digital assets [5].

Company Overview - Global Mofy Metaverse Limited (NASDAQ: GMM) is a generative AI-driven technology solutions provider specializing in virtual content production and the development of 3D digital assets for the digital content industry [1][5] - The company utilizes its proprietary "Mofy Lab" technology platform, which integrates interactive 3D and AI technologies to create high-definition virtual versions of physical world objects, including characters, objects, and scenes [5] - Global Mofy Metaverse is one of the leading digital asset banks in China, with a library of over 100,000 high-precision 3D digital assets [5] Industry Insights - Generative AI and simulation technologies are described as the cornerstone of a new industrial revolution, with transformative potential across industries, particularly in digital content creation [2] - NVIDIA's advancements in Universal Scene Description (OpenUSD) and the introduction of NVIDIA NIM™ microservices are enhancing generative AI capabilities across various industries [3] - The integration of generative AI with standardized creation processes, such as those facilitated by NVIDIA Omniverse, enables the development of scalable and interoperable high-fidelity digital assets, videos, and immersive scenes [3] Company Developments - Global Mofy's CEO, Haogang Yang, participated in SIGGRAPH 2024, engaging with industry leaders and exploring the latest advancements in generative AI and computer graphics [1][2] - The company's Gausspeed platform, developed in alignment with NVIDIA's Omniverse systems and OpenUSD standard, integrates advanced generative AI capabilities with standardized creation processes for videos and 3D digital assets [3] - Gausspeed received significant interest and positive feedback from industry partners at SIGGRAPH 2024, reinforcing the company's commitment to innovation in digital content creation [4] Strategic Focus - Global Mofy is committed to pioneering innovation in digital content creation and integrating the latest generative AI technologies into its Gausspeed platform [4] - The company aims to leverage the knowledge and connections gained from SIGGRAPH 2024 to drive innovation efforts, achieve growth, and deliver exceptional value to shareholders [4]

Core Insights - Global Mofy Metaverse (NASDAQ:GMM) stock is experiencing significant gains following the announcement of a collaboration with Heartdub, a provider of physical simulation technology [1] - The partnership aims to leverage Nvidia's Omniverse Cloud API and RTX GPU technologies to launch Gausspeed, an AI platform for creatives, particularly in the film industry [1][2] - GMM stock has surged by 51.8% as of Tuesday morning, with trading volume exceeding 50 million shares, a substantial increase from its average of approximately 423,000 shares [3] Company Developments - The collaboration with Heartdub is expected to provide Global Mofy Metaverse with a competitive advantage by combining resources and technologies to transform filmmaking [2] - The launch of Gausspeed is positioned as a significant innovation in the creative sector, particularly for early scene creation in film [1][2] Market Reaction - The announcement has led to heavy trading activity in GMM stock, indicating strong investor interest and confidence in the company's future prospects [3] - The stock's price increase reflects positive market sentiment towards the strategic partnership and its potential impact on the company's growth [3]

Company Overview - Global Mofy Metaverse Limited (NASDAQ: GMM) is a technology solutions provider specializing in virtual content production and digital asset development for the digital entertainment industry [1][4] - The company utilizes its proprietary "Mofy Lab" technology platform, which integrates interactive 3D and AI technologies, to create high-definition virtual versions of physical world objects, including characters, objects, and scenes [4] - Global Mofy Metaverse is one of China's leading digital asset banks, with a library of over 30,000 high-precision 3D digital assets [4] Recent Development - The company has signed a new agreement to provide virtual technology services to one of China's leading content creators, leveraging its Mofy Lab platform for virtual scene construction in an upcoming television program [1] - Mofy Lab's AI-driven asset labeling and sorting system enables faster digital asset deployment, reducing time-to-market and development costs while maintaining superior quality [2] Strategic Positioning - The company aims to solidify its position as a premier digital asset developer, owner, and licensor by creating tools and digital components essential for AI, virtual, and Metaverse-focused applications [3] - Global Mofy Metaverse is focused on empowering creators to bring imaginative concepts to virtual life, positioning itself at the forefront of digital content creation [3] Industry Applications - The digital assets developed by the company are applicable across various industries, including movies, TV series, AR/VR, animation, advertising, and gaming [4]

Company Overview - Global Mofy Metaverse Limited is a technology solutions provider focused on virtual content production and digital asset development for the digital entertainment industry [6] - The company utilizes its proprietary "Mofy Lab" technology platform, which integrates interactive 3D and AI technology to create high-definition virtual representations of various physical objects [6] Industry Insights - The fashion industry is experiencing a transformative period driven by the integration of Metaverse and AI technologies, leading to significant value creation and operational efficiencies [2] - Companies that adopt these new technologies are likely to enhance customer experiences and reshape the fashion value chain [2] - The 2024 China Fashion Week highlighted the intersection of fashion, AI, and the Metaverse, addressing sustainability and technological advancements as key industry challenges [3][5] Technological Advancements - Global Mofy aims to leverage 3D technology to innovate the fashion industry, focusing on sustainable development and personalized consumer demands [4] - The company believes that advancements in technologies such as AI, 5G, and increased computing power will enhance the viability of wearable devices and improve virtual experiences [5] Future Outlook - The company anticipates that digital assets will play a crucial role in the fashion industry, driven by consumer demand for sustainable and personalized products [5] - Global Mofy is committed to fostering technological innovation and aims to build China's largest digital asset library, promoting a sustainable and interactive fashion industry [5]

Company Overview - Global Mofy Metaverse Limited (NASDAQ: GMM) is a technology solutions provider specializing in virtual content production and digital asset development for the digital entertainment industry [1][5] - The company utilizes its proprietary "Mofy Lab" technology platform, which integrates interactive 3D and AI technologies to create high-definition virtual versions of physical world objects, including characters, objects, and scenes [5] - Global Mofy Metaverse operates one of the leading digital asset banks in China, consisting of over 30,000 high-precision 3D digital assets [5] New Subsidiary: Gauss AI - Global Mofy Metaverse has established a new subsidiary, Gauss AI, focusing on the monetization of AI-generated content (AIGC), AI-generated 3D digital assets, and synthetic video content creation [1] - Gauss AI will specialize in providing advanced AI solutions to customers, aiming to enhance efficiency, intelligence, and innovation in content creation while reducing costs [3] - The subsidiary plans to invest in product and technology roadmaps, leveraging existing and new opportunities in the digital entertainment industry, which is being transformed by the global adoption of AI [3] Industry and Technology Insights - Synthetic video technology involves the use of AI and computer graphics to produce realistic videos, visual effects, animations, and game development, enhancing efficiency and quality through machine learning algorithms [2] - This technology is widely applied in industries such as entertainment, virtual production, video editing, and advertising, and is increasingly used for creating advertisements, product promotions, and brand campaigns [2] - The digital entertainment industry is undergoing rapid changes due to the proliferation of smart devices, which require compelling content for entertainment, education, sales, and information [4] Strategic Vision and Competitive Positioning - The company aims to leverage its expertise in digital content creation and licensing to help customers adapt to the new competitive reality, benefiting from lower costs and greater efficiencies in content creation, deployment, and management [4] - Global Mofy Metaverse believes it is well-positioned competitively due to its leading digital asset bank in China, strong customer base, and a track record of technology innovation, offering a one-stop, lower-cost solution for high-quality virtual content creation [4] Contact Information - For more information, Global Mofy Metaverse can be contacted through its Investor Relations Department or Global IR Partners [8]

Core Viewpoint - Global Mofy Metaverse Limited is experiencing accelerated growth driven by the AI revolution and has secured a major new customer order for 3D digital asset licensing and virtual technology production, highlighting its commitment to delivering innovative virtual content solutions [1][2][3] Group 1: Company Overview - Global Mofy Metaverse is a technology solutions provider focused on virtual content production and digital asset development for the digital entertainment industry [8] - The company operates primarily in two business lines: Virtual Technology Service and Digital Asset Development [3] Group 2: Business Performance - The company reported record-high revenue for fiscal year 2023, achieving over 56% growth compared to fiscal year 2022 [2] - Global Mofy Metaverse controls more than 30,000 high-precision 3D digital assets, which are defined as 4K resolution with movie precision [2][8] Group 3: Technology and Competitive Advantage - The proprietary technology platform, Mofy Lab, enables the company to produce high-quality virtual content quickly and cost-effectively, providing a competitive edge in the market [4][6] - Investments in Mofy Lab allow the company to scale its digital asset bank faster and offer a one-stop, lower-cost solution for creating high-quality virtual content [3][7] Group 4: Market Trends and Future Outlook - The demand and prices for high-quality 3D digital assets are steadily increasing due to the explosive growth in content needed across various platforms, including television, advertising, video games, and movies [3] - The company plans to further expand its digital asset bank and develop digital assets, leveraging strategic partnerships and acquisitions to drive long-term growth [5][3]

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Ladies and gentlemen, welcome to the Global Maltesers Fiscal Year 2023 Earnings Call. At present, our telephone attendants are in a listening only state. After the speech, there will be time for participants to ask questions. Now, let's invite the host to start speaking. Thank you. Thank you, operator. Greetings, dear shareholders, analysts, respected investors, and members of the Global Mophie Metaverse community. Good morning to audiences in the U.S. and good evening to audiences here in China. Thank you ...

Exhibit 99.1 Global Mofy Metaverse Reports Record 2023 Financial Year Results Company to Host Earnings Conference Call on Thursday, February 1, 2024, at 8.30 am ET - Record Revenues of $26.9 million, up 56.4% from year ago, the highest revenue in company's history - Gross profit and net income both reached historical high of $14.5 million and $6.6 million, respectively; with a 54% gross marginBeijing, CHINA, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or "Global Mofy Metav ...