Core Viewpoint - Bit Metaverse (08645) has signed a memorandum of understanding with Lighthouse Immersive Studios and Haotoon Co., Ltd. to operate and promote the "Disney Animation Immersive Experience" project in mainland China, pending final approval from The Walt Disney Company [1] Group 1 - The memorandum grants Lighthouse Studios the rights to develop, produce, and showcase the "Disney Animation Immersive Experience" globally, and allows for third-party involvement in related business [1] - The project will be promoted and operated in up to five cities in mainland China through a collaboration with Haotoon Co., Ltd. [1] - The operational rights for the project will be granted to a Hong Kong company, Lululala, Ltd. [1] Group 2 - The board believes that partnering with a globally recognized brand like Disney demonstrates the company's market operational capabilities and brand promotion abilities in the metaverse sector [1] - The company aims to expand its immersive experience offerings based on light and shadow technology, enhancing its brand value and influence in the metaverse business [1]