Core Viewpoint - China Ruyi (00136.HK) has announced an investment of approximately $14.2 million in AIsphere Limited, aiming to explore innovative applications of artificial intelligence in film, streaming, and gaming content production and operations [1][2]. Group 1: Investment Details - The investment will be made through Virtual Cinema Entertainment Limited, a wholly-owned subsidiary of China Ruyi [1]. - Upon completion of the investment, AIsphere Limited will not become a subsidiary of China Ruyi, and its financial performance will not be consolidated into the group's financial statements [1]. - The equity stake in AIsphere Limited will be recorded as an investment in associates in the financial statements [1]. Group 2: Strategic Cooperation - A strategic cooperation framework agreement has been signed with AIsphere Limited and its founder, Wang Changhu, to establish a strategic partnership [1]. - The cooperation aims to enhance the application of AI technology across various business segments, including film production, streaming, and gaming [2]. - The agreement includes provisions for regular communication regarding project progress, technology applications, and business models, with the possibility of forming specialized working groups for specific projects [1][2]. Group 3: AI Technology Collaboration - The main areas of collaboration with AIsphere Limited include providing strategic advisory opinions and exploring AI applications to improve production efficiency and quality [2]. - The partnership will leverage both parties' resources and technological advantages to explore AI applications in visual design, visual effects production, promotional material generation, and optimizing user experience in streaming content [2]. - Other innovative collaborations will focus on utilizing intellectual property resources for AI-generated creative activities and establishing copyright protection and content compliance mechanisms [2]. Group 4: Company Background - China Ruyi is an investment holding company engaged in content production, online streaming, advertising services, and online gaming services [3]. - The company has been actively promoting innovation and development in its core business areas, aiming to enhance overall market competitiveness and industry positioning [3]. - The signing of the agreement is part of the company's strategy to leverage AI technology for intelligent development across its business sectors [3].
斥资1420万美元入股AIsphere！中国儒意牵手爱诗科技，布局影视游戏智能化