Smart Fish Wealthlink Holdings Ltd. Announces Plans to Expand Short Drama Business and Integrate Artificial Intelligence Generated Content Technology to Reduce Production Costs
Reuters
Oct 31
Smart Fish Wealthlink Holdings Ltd. Announces Plans to Expand Short Drama Business and Integrate <a href="https://laohu8.com/S/AITX">Artificial Intelligence</a> Generated Content Technology to Reduce Production Costs
Smart Fish Wealthlink Holdings Ltd. has announced a strategic focus on expanding its short drama business, incorporating Artificial Intelligence Generated Contents (AIGC) technology into its production processes. The company plans to leverage AIGC to reduce costs, with average production expenses per title expected to be around RMB350,000 due to savings on venue, actor, and clothing costs. The company aims to gain a deeper understanding of the market potential in the short drama segment and will continue to evaluate financial performance as additional revenues are generated based on viewership. Relevant financial results and segment information will be disclosed in upcoming financial reports as required by the Listing Rules.
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