Core Viewpoint - The company, 星空华文, has announced the establishment of a joint venture to operate AI music business, indicating a strategic move into the technology-driven entertainment sector [2]. Group 1: Joint Venture Details - On November 14, 星空华文 announced that its indirect wholly-owned subsidiary, 上海久吾一生, has signed a joint venture agreement with partners to establish a company focused on AI music [2]. - 上海久吾一生 will invest 115 million yuan, with 320,000 yuan allocated as registered capital and the remaining 115 million yuan designated for capital reserves [2]. - The joint venture partners will invest 244 million yuan, with 680,000 yuan as registered capital and 244 million yuan for capital reserves [2]. - After the establishment of the joint venture, 上海久吾一生 will hold a 32% stake, while the partners will hold a 68% stake [2].
星空华文，一度放量大跌30%