CHINA RUYI Shares Surge Over 5% on Strategic AI Partnership with Aishi Tech

Stock News
2 hours ago

CHINA RUYI (00136) saw its shares rise more than 5% during early trading. At the time of writing, the stock was up 5.16% to HK$2.24, with a turnover of HK$54.38 million. The increase follows the company's recent announcement of a strategic partnership with Aishi Technology, which includes a strategic investment of $14.2 million. The collaboration will leverage Aishi's large-scale video generation model technology alongside CHINA RUYI's extensive intellectual property resources and industry expertise to jointly explore the next-generation entertainment ecosystem powered by "AI + content." Under the agreement, Aishi Technology will gain access to premium copyright licenses from Ruyi, which holds works such as "Detective Chinatown 1900," for the co-development of AI tools tailored for professional film and television production. Additionally, the partnership will drive the intelligent upgrade of content creation and operations for Ruyi's streaming platform "Pumpkin Movies," and collaborate with "Jingxiu Games" to explore innovative applications of AI video generation technology in gameplay and interactive experiences. Furthermore, the two parties will prioritize joint research and development of multimodal intelligent agents, aiming to achieve breakthroughs in real-time interaction and emotionally responsive interfaces.

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