B.Duck's Subsidiary Semk Tourism Enters Joint Venture for Immersive Tourism Experiences

Reuters

07-02

B.Duck's Subsidiary Semk Tourism Enters Joint Venture for Immersive Tourism Experiences

B.Duck Semk Holdings International Ltd. has announced the formation of a joint venture through its subsidiary, Semk Tourism. This venture involves a partnership with NISCO Xingbo, with a total registered capital of RMB37.5 million. Semk Tourism will contribute RMB22.5 million in cash, while NISCO Xingbo or its affiliates will provide RMB15 million. The joint venture will focus on leveraging B.Duck's intellectual property, encompassing trademarks and copyrights, to develop new products. An IP Licensing Agency Agreement is set to be established following the joint venture's formation to facilitate this endeavor.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. B.Duck Semk Holdings International Ltd. published the original content used to generate this news brief on July 02, 2025, and is solely responsible for the information contained therein.

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