Feiyang Signs Agreements to Boost Cultural and Tourism AI Adoption; Shares Fall 5%

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Feiyang International (HKG:1901) has signed a cooperation agreement with DingTalk China and RedBear AI to deploy AI technologies in the cultural and tourism sector, according to a Thursday bourse filing.

The travel services company said it will become a priority service provider and ecosystem partner for DingTalk Qwen, and RedBear AI will leverage its capabilities to build a cultural and tourism memory repository for Feiyang, turning customer data into usable intelligence.

Shares of the company declined nearly 5% in late-morning trade Friday.

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