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].

Core Viewpoint - The company, China Ruyi (00136), has announced a conditional investment of approximately $14.2 million in AIsphere Limited through its wholly-owned subsidiary, Virtual Cinema Entertainment Limited, to explore the application of artificial intelligence in film, streaming, and gaming content production and operations [1][2][3] Group 1: Investment and Agreements - The investment agreement involves a strategic cooperation framework aimed at leveraging AI technology to enhance production efficiency and quality across the company's business segments [1][3] - The strategic cooperation will include providing strategic advisory opinions on the application of AI technology in various business areas [1][3] Group 2: AI Technology Collaboration - The parties will explore the application of AI in film visual design, visual effects production, promotional material generation, and optimizing user experience in streaming content [2] - Other innovative collaborations will include exploring the use of the company's intellectual property resources for AI-generated creative activities and developing multimodal intelligent agents that can interact with users [2] Group 3: Company Background - AIsphere Limited specializes in developing AI video generation models and related applications, with its core products including "PixVerse" for AI video generation and "PixVerseR1" for real-time world modeling [2] - AIsphere is recognized as a global leader in video model technology, with a significant number of active users and is the first company to release a real-time world generation model [2]

Core Viewpoint - The company has entered into a share subscription agreement to invest approximately 14.2 million USD in AIsphere Limited, aiming to leverage artificial intelligence technology in film, streaming, and gaming content production and operations [1][2]. Group 1: Investment and Agreements - The company's indirect wholly-owned subsidiary, Virtual Cinema Entertainment Limited, has agreed to invest about 14.2 million USD in AIsphere Limited [1]. - A strategic cooperation framework agreement has been established among the company, Wang Changhu, and AIsphere Limited's domestic entity, Beijing Aishi Technology Co., Ltd., to explore AI applications in various business sectors [1][3]. Group 2: AI Technology Collaboration - The parties will collaborate on the application of AI in film, streaming, and gaming, focusing on areas such as visual design, visual effects production, promotional material generation, and enhancing user experience [2]. - Other innovative collaborations will include exploring the use of the company's intellectual property for AI-generated creative activities and developing multimodal intelligent agents that can interact with users [2]. Group 3: Company Background and Objectives - AIsphere Limited specializes in developing AI video generation models and related applications, with its core products including "PixVerse" for video generation and "PixVerseR1" for real-time world modeling [2]. - The company aims to enhance its market competitiveness and industry layout by leveraging AI technology across its core business areas, including film production, online streaming, and online gaming services [3].