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Editor's Summary: The new Acer Iconia X12 tablet features a 12.6-inch, 2.5K AMOLED display at 60 Hz and 400 nits brightness for vibrant colors and high-quality images, paired with quad stereo speakers for immersive experiences Equipped with productivity and creativity-boosting tools; optional stylus pen[1] and detachable Bluetooth keyboard[1], plus a portfolio case that doubles as a multi-angle stand for added usability Boasts superb performance powered by a MediaTek Helio G99 processor and compatibility with the latest apps, games, and features on the Android 14 OS A great on-the-go device to capture every moment with high mega-pixel front and back cameras paired with thin-and-light design and a 10,000 mAh battery with fast-charging capability BERLIN, Sept. 4, 2024 /PRNewswire/ -- Acer today introduced the new Iconia X12 (X12-11), an AMOLED-display tablet designed to boost productivity and entertainment experiences. Users can maximize the split-screen feature for work, high color contrast for content, and smooth frames when playing on its massive 12.6-inch AMOLED (2560X1600) panel with a fast 60 Hz refresh rate and 400 nits brightness. The Acer Iconia X12 is also equipped with quad stereo speakers for rich, immersive audio. The tablet's usability is further enhanced with a series of accessories that boost productivity and creativity, including an option for an aluminum stylus pen, a portfolio case with a stylus slot and adjustable, multi-angle stand, plus a detachable Bluetooth keyboard with trackpad for added typing/scrolling options. The Iconia X12 also features a front 8 MP camera and a back 13 MP camera with flash and autofocus for great video calling and image capturing with true-to-life color reproduction. It runs on Android 14 and is powered by a MediaTek Helio G99 processor, built on a highly efficient 6 nm chip to enable fast display, smooth streaming, and reliable connectivity. The device sports a sophisticated but durable thin-and-light aluminum alloy chassis, weighing just 600 g and 6.7 mm thin, and draped in an olivine black colorway. Along with its 10,000 mAh battery capacity and quick-charging capability, the Iconia X12 is a trendy and convenient digital companion that can be easily carried and used within the environment. With 8 GB LPDDR4X RAM, up to 256 GB UFS storage, and a microSD slot of up to 1 TB, the Iconia X12 maintains responsive performance and provides plenty of memory space for storing files and data. It also supports Wi-Fi 5, GPS, Bluetooth 5.2, and USB Type-C for reliable connectivity. Specifications Name Acer Iconia X12 Model X12-11 Operating System Android 14 OS Processor MediaTek Helio G99 Octa-Core processor Memory 8 GB LPDDR4X Storage 128 GB/ 256 GB UFS microSD™ capacity: Up to 1 TB Display 12.6" AMOLED (2560X1600), 60 Hz, 400 nits brightness, in-cell touch module Audio 1W stereo speakers x4 Camera Front: 8 MP Back: 13 MP with flash, autofocus Ports USB Type-C port, microSD slot, earphone jack Battery 10, 000 mAh (3.8 V), supports quick charging Wireless and Networking Wi-Fi 5, dual-band 2.4 G/ 5 G, GPS, Bluetooth 5.2 Dimensions and weight 283.2 (W) x 186.6 (D) x 6.7 (H) mm Weight: 600 g Pricing and Availability The Acer Iconia X12 (X12-11) will be available in North America in January 2025, starting at USD 349; in EMEA in January 2025, starting at EUR 369; and in China in January 2025, starting at RMB 2,688. Exact specifications, prices, and availability will vary by region. To find out about availability, product specifications and prices in specific markets, please contact your nearest Acer office or retailer via www.acer.com. Visit Acer's Media Center for product images and specifications, or visit the next@acer Press Room to see all announcements. About Acer Founded in 1976, Acer is one of the world's top ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services will fuse with one another, creating ecosystems and opening up new possibilities for consumers and businesses alike. Acer's 7,700 employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit www.acer.com for more information. © 2024 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra. [1] Specifications may vary depending on model and/or region. All models subject to availability.
City-wide Task-Solving Treasure Hunt with a Smart Electric Vehicle Grand Prize across 49 Link Malls Link has partnered with renowned escape room creators, LOST, to introduce a unique shopping and entertainment experience across its 49 malls. This event combines the thrill of escape rooms with shopping rewards, offering an innovative experience to engage customers The "The Lost Treasures" lucky draw features exciting rewards, including cash vouchers worth more than $400,000 and the grand prize—an eco-friendly smart #1 Pro+ electric vehicle, promoting low-carbon transportation Lok Fu Place will host the "Undersea Mermaid Kingdom", Hong Kong's first escape room game that adapts to real-time weather conditions, allowing participants to dive into an underwater treasure hunt that changes with the weather HONG KONG, Sept. 3, 2024 /PRNewswire/ -- Escape room games have quickly become a global sensation, captivating audiences in Europe, America, Japan, South Korea, and Taiwan in recent years. Link has teamed up with the renowned escape room creator LOST to launch a series of task-solving and shopping-based lucky draw activities. From now until 30 September, shoppers at 49 designated Link malls can earn e-badges with every purchase. Each badge automatically converts into an entry for a lucky draw, offering the chance to win a brand new smart #1 Pro+ electric vehicle, along with more than 200 other exciting prizes. Link Introduces First Weather-Connected Escape Room-themed Shopping Entertainment Experience During the promotional period, 10 selected malls will feature special missions. Completing these challenges earns participants additional e-badges and shopping vouchers. The more you shop and solve tasks, the greater your chances of winning a prize! Collecting 18 e-badges rewards you with an e-ticket to an escape room game. Participants can enjoy the "Undersea Mermaid Kingdom" and "Mysterious Castle" escape room games at Lok Fu Place and Kai Tin Shopping Centre respectively. The "Undersea Mermaid Kingdom" game is particularly unique, as it is connected to real-time weather, allowing players to embark on an adventure to find lost treasures and experience the thrill of being a pirate captain or archaeologist. Collect e-badges when shopping and solve missions to redeem $20 shopping vouchers, escape room tickets, and enter the lucky draw! From 27 August to 30 September, Link Up members who spend $150 or more in a single day using electronic payment* can redeem an e-badge by presenting a maximum of one original printed receipt from the merchant. These badges will automatically convert into entries for the "The Lost Treasures" lucky draw at the end of the event, offering a chance to win fantastic prizes. During the event, 10 selected Link malls will host special task-solving missions. Shoppers who successfully solve the tasks will receive an additional e-badge and special clue. Crack the ultimate mission based on the weekly special clues to earn extra three e-badges. In addition to entering the lucky draw, collecting five e-badges allows shoppers to redeem an $20 voucher for designated merchants, which can be used at 70 retail stores and restaurants. Collecting 18 badges will earn an electronic ticket to the escape room game. The more shoppers spend, the more rewards they can earn! Over 200 prizes in the lucky draw, including the popular Smart #1 Pro+ Electric Vehicle The "The Lost Treasures" lucky draw will take place after the event concludes, offering more than 200 prizes. The top prize is the highly sought-after smart #1 Pro+ electric vehicle. The second prize is the latest model of the 128GB iPhone Pro, and the third prize is a luxurious banquet for 12 at the Victoria Harbour Restaurant. Other prizes include a MITSUBISHI 18L dehumidifier, a 64GB 10.9-inch Wi-Fi iPad, a Philips RO water purifier, and more. Two malls feature special escape room adventures: Hong Kong's first weather-responsive escape room game Lok Fu Place and Kai Tin Shopping Centre will host two exciting escape room games: "Undersea Mermaid Kingdom" at Lok Fu Place and "Mysterious Castle" at Kai Tin Shopping Centre. These games challenge participants to use various elements to find clues, trigger mechanisms, and race against time. The experience not only tests logical thinking, problem-solving skills, and imagination but also requires teamwork, with players combining their strengths to complete the challenges. The "Undersea Mermaid Kingdom" escape room at Lok Fu Place offers a unique design where the underwater world changes based on real weather conditions. On sunny days, participants will see a bright and clear underwater scene, evoking the warmth of the sunlit ocean. On cloudy days, the environment shifts to a dimly lit setting, simulating a deep, mysterious sea. On rainy days, the atmosphere becomes even more enigmatic, creating a sense of being submerged in a secretive deep-sea world. Participants will take on the role of a pirate captain, solving tasks to uncover hidden treasures. Meanwhile, at Kai Tin Shopping Centre, the "Mysterious Castle" escape room features a grand entrance with castle-style doors and vintage floor tiles. Inside, participants will find knight costumes and sculptures, creating a special experience as they explore the abandoned castle. Players can enjoy the thrill of becoming a pirate captain or archaeologist, navigating through the mist of time to unravel the mysteries of the castle. Link x LOST "The Lost Treasures" event details:Dates: From now until 30 September 2024Locations: 49 designated Link mallsEscape room game period: Actual opening dates for the escape room will be announced later on the Link website.Escape room locations: Zone A, Food Square, Lok Fu Place ("Undersea Mermaid Kingdom") and3/F Kai Tin Shopping Centre ("Mysterious Castle") 49 participating malls:Hong Kong Island: Oi Tung Shopping Centre, Siu Sai Wan Plaza, Stanley Plaza, Hing Wah Plaza Kowloon: Lok Fu Place and Market, Temple Mall, Chuk Yuen Plaza, Kai Tin Shopping Centre, Sau Mau Ping Shopping Centre and Market, Lei Yue Mun Plaza, Po Tat Shopping Centre, Tak Tin Plaza and Market, Nam Cheong Place and Market, Homantin Plaza and Market, Tsz Wan Shan Shopping Centre, Choi Wan Commercial Complex and Phase 3 Market, Oi Man Plaza and Market, Fung Tak Shopping Centre and Market New Territories: T Town, Tin Chak Shopping Centre and Market, Tin Shui Shopping Centre, Tin Yiu Plaza, Butterfly Plaza and Market, Leung King Plaza, Choi Yuen Plaza, Tai Wo Plaza, Fu Shin Shopping Centre and Market, Tai Yuen Commercial Centre and Market, Cheung Wah Shopping Centre, Fu Heng Shopping Centre, Kwong Fuk Commercial Centre and Market, Chung On Shopping Centre and Market, Wo Che Plaza and Market, Sha Kok Commercial Centre, Hin Keng Shopping Centre and Market, Lek Yuen Plaza and Market, Heng On Commercial Centre, Lung Hang Commercial Centre, Mei Lam Commercial Centre, Sun Chui Shopping Centre, Yiu On Shopping Centre, Yu Chui Shopping Centre and Market, Choi Ming Shopping Centre, TKO Gateway and TKO Market, TKO Spot and Spot Mart, Maritime Bay, Cheung Fat Plaza, Fu Tung Plaza and Market, Yat Tung Shopping Centre Ultimate Task-solving missions challenge locations - 10 designated malls:Sau Mau Ping Shopping Centre, Tsz Wan Shan Shopping Centre, T Town, Leung King Plaza, Tai Wo Plaza, Wo Che Plaza, TKO Spot, Choi Ming Shopping Centre, Cheung Fat Plaza, and Choi Yuen Plaza All the above activities are subject to terms and conditions. Please note that event details are subject to change without prior notice. For more details about the event, please visit:https://www.linkhk.com/tc/promotion/693?ppt=1 Trade promotion competition licence no.: 59068-71 (Applicable to lucky draw only) Download photos：https://bit.ly/4g7tKpM About Link Link Asset Management Limited (Link) is a leading global real estate investor and asset manager based in Hong Kong. It manages Link Real Estate Investment Trust (Hong Kong stock code: 823), the largest REIT in Asia by market capitalisation. Link REIT has been 100% held by public and institutional investors since its listing in 2005 in Hong Kong. It is a constituent of the Hong Kong securities market benchmark Hang Seng Index, as well as a component of the Dow Jones Sustainability Asia Pacific Index, the FTSE4Good Index Series and the Hang Seng Corporate Sustainability Index. Through Link REIT, Link owns and manages a diversified portfolio of retail facilities, car parks, offices and logistics assets spanning from China's Beijing, Greater Bay Area (Hong Kong, Guangzhou and Shenzhen), and Yangtze River Delta centred around Shanghai, to Singapore, Australia's Sydney and Melbourne and the UK's London. With its expanded investment capability and dynamic growth strategy, Link aspires to be a world-class real estate investor and manager, serving and improving the lives of people around us. For details, please visit https://www.linkreit.com.
BEIJING, Aug. 26, 2024 /PRNewswire/ -- Maoyan Entertainment ("Maoyan" or the "Company", 1896.HK), a leading platform providing innovative Internet empowered entertainment services in China, today announced its audited consolidated results for the six months ended June 30, 2024. First Half 2024 Financial Highlights Revenue was RMB2,170.9 million, representing a year-over-year decrease of 1.2%, compared with RMB2,196.9 million in the first half year of 2023. Gross profit was RMB1,156.2 million, representing a year-over-year increase of 5.0%, compared with RMB1,101.2 million in the first half year of 2023. Profit was RMB284.8 million, representing a year-over-year decrease of 29.7%, compared with RMB405.2 million in the first half year of 2023. Adjusted EBITDA was RMB489.7 million, representing a year-over-year decrease of 16.2%, compared with RMB584.4 million in the first half year of 2023. Adjusted net profit[1] was RMB351.8 million, representing a year-over-year decrease of 22.8%, compared with RMB455.7 million in the first half year of 2023. [1] In the first half of 2024 and 2023, we defined adjusted net profit as net profit for the six months adjusted by adding back share-based compensation and amortization of intangible assets resulting from business combinations. BUSINESS REVIEW According to the data of Maoyan Pro (猫眼专业版), the Chinese Mainland's total box office (including service fees) in the first half of 2024 was RMB23.903 billion, representing a year-over-year decrease of 9.02%. Among the year's various promotional seasons, box office performance during some periods such as New Year's Day season, Spring Festival season and Qingming Festival season, exceeded that of the same periods last year. According to the National Performance Market Development Briefing for the First Half of 2024 (《2024年上半年全国演出市场发展简报》) released by the China Association of Performing Arts (中国演出行业协会), the box office revenue of commercial performances nationwide in the first half of 2024 was RMB19.016 billion, representing a year-over-year increase of 13.24%, and audience size increased by 27.10% year-over-year. During the Reporting Period, the number of released movies in which the Company was involved and their box office performance remained at the forefront of the industry. The Company also maintained its leading edge in terms of its distribution and promotion service capacities and market coverage. Project reserves were abundant, and the Company continued to optimize its revenue structure and record profits. Entertainment Content Services As a leading film promoter and distributor in China, we continued to actively participate in the distribution/production of domestic movies, providing a wide range of services for an increasing number of movies. During the Reporting Period, we participated in the distribution/production of 32 domestic movies, with the number of movies increasing compared to the corresponding period in the previous years. Among the top five domestic movies in terms of box office in the first half of the year, we were involved in the distribution/production of four. In the first half of 2024, we continued to iterate promotion and distribution products, enhance industry awareness, grasp market trends, and optimize our promotion and distribution strategies and organizational capabilities, thereby maintaining our competitive advantages and enhancing our capabilities in promotion and distribution. During the Reporting Period, we participated in the promotion and distribution of 31 domestic movies, and we acted as a lead distributor for 15 movies, exceeding our historical records in terms of quantity. Many of these movies achieved a top-tier box office performance during their respective release period. For example, Shining For One Thing (一闪一闪亮星星), Johnny Keep Walking! (年会不能停!) and The Goldfinger (金手指), for which we acted as a distributor and producer, ranked among the top three movies in terms of box office performance during the New Year's Day season. Pegasus 2 (飞驰人生2), for which we acted as a lead distributor/producer, performed well in terms of box office and reputation, ranking second in the box office in the Spring Festival season with a box office of RMB3.398 billion. Over the past four years, the movies in which we served as the lead distributor have consistently ranked among the top two in box office performance during the Spring Festival season. The Last Frenzy (末路狂花钱) and Be My Friend (我才不要和你做朋友呢), for which we acted as a lead distributor, became box office champions during the Labor Day season and the Dragon Boat Festival season, respectively. Based on our strong data analysis and iterative industry cognition capabilities, we continued to promote movie content development and production. We participated in the development of more than 20 movie projects, among which A Place Called Silence (默杀) began filming earlier this year and was already released in the summer season, quickly achieving a box office of more than RMB1.3 billion. Several other movies, such as Honey Money Phony ("骗骗"喜欢你), Life Party (人生会议), Endless Journey of Love (时间之子), Casual Revenge (即兴谋杀) and Running In The Rain (千金不换), are underway and progressing steadily. During the summer movie season, we distributed/produced a number of movies which were released successively, such as A Place Called Silence (默杀), Successor (抓娃娃), Decoded (解密), Go For Broke (重生) and White Snake: Afloat (白蛇：浮生), many of which performed well. Another series of movies for which we participated in distribution and production, including High Forces (危机航线), Give You A Candy (出入平安), Project P (P计划) and Honey Money Phony ("骗骗"喜欢你), are scheduled for successive release in the second half of this year. In addition, the Company has a large reserve of movie content across a wide range of types and themes. The movies in which we participated as a distributor/producer include SHE'S GOT NO NAME (酱园弄), To Gather Around (胜券在握), Dumpling Queen (水饺皇后) and Hot Pot Artist (火锅艺术家), will also be released in due course. Online Entertainment Ticketing Business Since 2024, the performance market has remained prosperous. We continued to increase our investment and develop live performance services, including online performance ticketing services, while deeply cultivating local entertainment sub-categories and innovative marketing. At the same time, we consistently improved our comprehensive service capabilities, enriched industry marketing scenarios, upgraded our on-site support and service capabilities for large-scale performances, and enhanced brand awareness and industry influence. During the Reporting Period, our business performance was highly effective. In terms of large-scale concerts, we provided services for more than 3,000 concerts, including a number of concerts featuring leading artists such as Jacky Cheung, Andy Lau and Jay Chou, and the GMV of concerts and music festivals increased by approximately 3 times year-over-year. At the local performance level, our local performance coverage rate exceeds 95%. We also supported cultural benefit activities held by various provincial and municipal governments, such as those in Shaanxi, Zhejiang, and Sichuan, which boosted local cultural tourism consumption. In overseas regions, in addition to providing support services for various performances in Hong Kong, we have also expanded businesses in new countries and regions such as Macao, and served many activities such as Time Concert-"Time Music". We also continued to actively explore cooperation scenarios in Southeast Asia, the Middle East, Latin America and other regions. At present, we have established in-depth cooperative relations with several super APPs, and will continue to strengthen these cooperations across performances and other businesses in the future. During the Reporting Period, we continued to actively provide quality movie ticketing services for the industry. Our online movie ticketing business remained stable and its competitiveness in the industry continued to rise. At the same time, we continued to strengthen in-depth cooperation with cinemas across all aspects of the industry chain, explore new business scenarios, improve platform service capabilities, enhance multi-platform collaboration effects, and jointly provide SaaS services for ticketing systems with partners, in order for us to deliver better services for customers, cinemas and industry. Concurrently, we continued to serve as the official ticketing platform for the 14th Beijing International Film Festival, marking our fourth consecutive year as a service provider for the Beijing International Film Festival. With our mature ticketing experience and technical capabilities, we provided full support for the film festival in terms of ticketing, special promotion and other aspects. We also provided service support for cultural benefit activities launched by various provincial and municipal governments, such as those in Beijing, Guangxi, Xi'an, and Hangzhou. Advertising Services and Others During the Reporting Period, we continued to integrate industry resources, expanded and extended scenarios for reaching audiences, and deeply embraced the diverse ecology and multiple scenarios we covered. For example, we successfully constructed an integrated, all-media matrix across movies, cultural tourism and business brands. We also created a live-streaming marketing model for box office periods, comprehensively upgrading the product marketing infrastructure and user experience on Douyin. Meanwhile, we initiated cooperation with Baidu's digital humans on film promotion projects to explore new ideas for the intelligent development of the film industry. To date, we have become one of the top film and television accounts on platforms such as Douyin, Weixin Channels and Xiaohongshu. The cumulative number of our new media fans exceeds 80 million, with average daily views surpassing 120 million. We continued to serve the industry with "technology + big data" solutions and consistently emphasized the integration of AI technology and the film and television industry. During the Reporting Period, we independently developed AI-related movie & TV creation software and remained committed to enhancing production capabilities through intelligent script analysis and intelligent character creation, etc., effectively improving the efficiency of the early script creation and communication process. At the same time, we also carried out multi-level cooperation across business and technologies with many AI companies in the industry, to jointly explore the application and iteration of AI technology in animation production, visual storytelling, promotion and distribution products and other fields. Our Maoyan Pro (猫眼专业版) continued to provide the industry with comprehensive, accurate and real-time data services and various refined data operation tools to promote the sharing of film data across the industry. During the Reporting Period, Maoyan Pro (猫眼专业版) further improved the industry's film data system and enhanced data visualization capabilities. For example, our film publicity campaign report launched during the Spring Festival visually depicts the event's progress by showcasing the data performance of distribution materials of films on mainstream promotional platforms. At the same time, Maoyan Pro (猫眼专业版) was officially launched on the PC side, helping industry partners to better formulate publicity strategies through basic data combination queries in more dimensions and scenarios, as well as user portrait exposure from multiple angles. During the Reporting Period, our Maoyan Research Institute (猫眼研究院) released a number of seasonal insight reports, integrating in-depth analysis on various topics, such as the "Top ten internet entertainment content trend of the year". Additionally, Maoyan Research Institute (猫眼研究院) provided early development and research services to a growing number of film and television companies in the industry and further enhanced its data analysis and industry integration capabilities, as well as commercialization opportunities, to continuously help industry partners conduct business in a more efficient way. OUTLOOK During the summer movie season, various types of movies with diverse themes were released successively and audience enthusiasm and market activity continued to improve. According to the data of Maoyan Pro, as of August 25, 2024, the box office for the summer movie season movies had surpassed RMB11.1 billion and the accumulated box office of 2024 had reached RMB32.8 billion. We will adhere to the core development strategy of "Technology + Pan-entertainment" by continuing to deepen our presence in the pan-entertainment industry while maintaining and improving our core competitiveness and profitability, remaining true to our original intention of being a dedicated "service provider" for the entire industry and working with the entire industry to create and promote high-quality movie content. In addition, we will capture the market's development trends and continuously enhance the market engagement and competitiveness of offline performance. Meanwhile, we will further explore the application of AI technology and overseas business prospects to identify new growth opportunities. Last but not least, we would like to express our sincere gratitude to all of our colleagues, shareholders, and industry partners for their trust and support. Let us forge ahead together and propel the high-quality development of the film industry and the establishment of China as a major cinematic player. About Maoyan Entertainment Maoyan Entertainment (1896.HK) is a leading technology-driven entertainment company providing diversified services and valuable industry insights in China's pan-entertainment industry. The Company's mission is to make it easy to create, deliver, and enjoy great entertainment. Based on its core development strategy of "Technology + Pan-Entertainment", the Company has grown from an online movie ticketing service provider into an innovative one-stop platform with comprehensive entertainment services. For more information, please visit https://ir.maoyan.com/. Investor Relations Contact Maoyan EntertainmentEmail: ir@maoyan.com Piacente Financial CommunicationsHelen WuEmail: maoyan@tpg-ir.com Tel: +86-10-6508-0677 Non-IFRS Financial Measures To supplement the consolidated results of the Company prepared in accordance with IFRS, certain additional non-IFRS financial measures (in terms of, operating profit, operating margin, profit for the period, net margin, profit attributable to equity holders of the Company, basic EPS and diluted EPS), have been presented in this press release. These unaudited non-IFRS financial measures should be considered in addition to, not as a substitute for, measures of the Company's financial performance prepared in accordance with IFRS. In addition, these non-IFRS financial measures may be defined differently from similar terms used by other companies. The Company's management believes that the non-IFRS financial measures provide investors with useful supplementary information to assess the performance of the Company's core operations by excluding certain noncash items and certain impact of M&A transactions. In addition, non-IFRS adjustments include relevant non-IFRS adjustments for the Company's material associates based on available published financials of the relevant material associates, or estimates made by the Company's management based on available information, certain expectations, assumptions and premises. Forward-Looking Statements This press release contains forward-looking statements relating to the business outlook, forecast business plans and growth strategies of the Company. These forward-looking statements are based on information currently available to the Company and are stated herein on the basis of the outlook at the time of this press release. They are based on certain expectations, assumptions and premises, some of which are subjective or beyond our control. These forward-looking statements may prove to be incorrect and may not be realized in future. Underlying the forward-looking statements is a large number of risks and uncertainties. Further information regarding these risks and uncertainties is included in our other public disclosure documents on our corporate website.
Expanding Successful VR Adaptations of iQIYI's Popular IP from 'Love Between Fairy and Devil' BEIJING, Aug. 26, 2024 /PRNewswire/ -- On August 23, iQIYI, China's leading online entertainment service, announced that its latest VR immersive theater at Galaxy Macau received positive customer feedback following its debut earlier this month, further enriching its portfolio of location-based entertainment experiences. Adapted from the popular fantasy series Love Between Fairy and Devil, this project showcases the commercial potential of the company's premium IP while offering users an exciting journey that deepens their connection to the content. iQIYI VR immersive theater in Macao Building on iQIYI's successful VR adaptions, this highly anticipated project follows the successful adaptations of blockbuster IPs like Strange Tales of Tang Dynasty 2: To the West and Luoyang. Both have consistently topped VR sales charts in Shanghai and Xi'an, according to Dianping, China's leading review and rating platform. Notably, the VR adaptation of Strange Tales of Tang Dynasty 2: To the West gained rapid popularity after its Beijing launch this summer, quickly achieving second place in local VR experience sales. A poster of iQIYI VR immersive theater VR Brings Culture to Life To create an unparalleled sense of immersion, the latest VR project incorporates cutting-edge technology, including interactive gesture control, flight motion simulators, and artificial intelligence. Players will solve intriguing puzzles and step into the roles of characters from the drama, experiencing a visually stunning world that faithfully replicates the original series as captivating storylines unfold. This immersive experience is further enhanced by a variety of engaging activities at the newly opened 'Love Between Fairy and Devil' VR Immersive Experience Center at Galaxy Macau. Visitors can explore a dress-up zone featuring stunning Hanfu (Chinese traditional clothing) costumes and large-scale photo spots designed to recreate iconic scenes from the drama. The venue also includes themed food stalls, souvenir shops, and cultural activities during traditional festivals like the Mid-Autumn Festival. At the opening ceremony, Hang ZHANG, Senior Vice President of iQIYI, shared, "This project represents the latest advancement in immersive experience offerings developed by iQIYI over the past year. Through our collaboration with Galaxy Macau, we aim to provide an extraordinary experience for visitors in the Greater Bay Area, enhancing cultural tourism." Following its debut in Macao, the project is set to expand to various cities across China by the end of 2024, including Shanghai, Hefei, and Shenzhen. Kevin KELLEY, Chief Operating Officer of Galaxy Entertainment Group, highlighted the rich cultural aesthetics featured in this latest experience: "This new offering is not only a technological innovation but also a key initiative to introduce visitors to traditional Chinese culture. We hope this VR project will become a new cultural and tourist landmark in Macao." Unleashing IP value for growth Continuing to leverage its valuable IP, iQIYI has been exploring new revenue streams beyond membership and ads, such as IP derivatives and offline experiences, as exemplified by the recent record-high franchising performance of the iQIYI original drama Fox Spirit Matchmaker: Red-Moon Pact and the company's offline parent-child theme park iQIYI QiBubble Space in Beijing. Looking ahead, iQIYI remains committed to leveraging innovative technology to adapt its premium IP into diverse formats, enabling viewers to experience their favorite content in more engaging ways. By continually developing online and offline experiences based on its IP, the company aims to capitalize on the growing trend of immersive entertainment, extending the influence of its premium content and driving commercial value. CONTACT: iQIYI Press, press@qiyi.com
More than 60 Expert Speakers Explore the Innovative Future of AI Driven Entertainment IndustryHONG KONG SAR - Media OutReach Newswire - 19 August 2024 - The annual Digital Entertainment Leadership Forum 2024 (DELF 2024), organised by Cyberport concluded successfully yesterday. The three-day event featured rich programmes including industry forums, experiential zones, workshops, and competitions, attracting over 3,500 participants from both local and international regions, and garnered more than 280,000 views in total. Focusing on the theme "Imaginary Fairground: AI-Powered Entertainment in the Web 3.0 Era", the forum brought together over 60 international and local industry leaders and celebrity speakers to discuss with the industry the transformative potential of AI and Web 3.0 technologies in shaping the future of digital entertainment, as well as the development of arts, education, sports, lifestyle, and more. On site, there were nearly 50 interactive experiences centred on four themes: "Smart Lifestyle", "Robotics", "Sports & Gaming", and "Culture & Arts", enabling visitors of all ages to personally experience the fun of integrating digital technology with entertainment and smart living. Multiple themed workshops were also open to the public, providing opportunities to explore and learn about AI scriptwriting, music mixing, and robot programming, and to experience flight simulation and drone operation. Cyberport is dedicated to nurturing tech talent, and one of the highlights of this year's DELF was the AI Everywhere Robotics Esports Invitational 2024, organised by the University of Hong Kong, Intel, and CETIC. The robots on the field were all assembled and programmed by the students themselves, allowing the robots to demonstrate their "footwork" on the competition field. At the same time, the student-programmed drone swarm flying performance, showcased the creative outcomes of young people in learning swarm programming, and designing flight formations and patterns. The event also offered immersive experiences, including a VR-supported exploration of the Notre-Dame Cathedral in Paris, the sports game "Dynamic Martial World," the sports training game "REZZIL SKILLSHOT", the racing simulation game "Rev to Vertex", the virtual flight experience "ICAROS Home", the cultural experience "The Van Gogh DigiVillage", and the AR adventure "Mystic Metal Mystery", among others. These fun and interactive activities provide the public with the opportunity to immerse themselves in the virtual worlds created by Virtual Reality (VR) and Augmented Reality (AR), gaining a deeper understanding of the practical application of innovative technologies in the entertainment sector. Dr Rocky Cheng, CEO of Cyberport, said, "As Hong Kong's digital technology flagship, Cyberport is committed to injecting new impetus into the development of the digital economy and smart city through innovation and technology. Cyberport has successfully organised 17 editions of the international Digital Entertainment Leadership Forum, aimed at driving the innovative development of the digital entertainment industry and smart living. This year's forum continues to bring together industry leaders to discuss how to unleash the potential of Web 3.0 and the huge opportunities brought by AI, leveraging technology to enhance the quality of life for individuals. We are glad to see the support from the industry and the community, who have come to explore the many applications and enjoy the combination of innovative technologies with digital entertainment." Warren Cho, World Wide Azure Gaming Vertical Leader at Microsoft, stated in his keynote speech on the profound impact of AI on the gaming and entertainment industries. "How can we compete if you are mid-sized or indie game developers? It is very difficult. But thanks to AI, now game development has became democratized. Now you could get a similar set of tools and support that the big studios have." During the forum at parallel tracks, Dr Peter Ng, Assistant Professor in the Department of Computing and Rehabilitation Sciences at The Hong Kong Polytechnic University, said "Talent cultivation is a key to technological progress. In DELF 2024, we had the opportunity to engage with technological talents and innovative technology demonstrations. PolyU has been recognised as The Best University for Blockchain in the world. Our teaching approach emphasises practical learning, fostering students' innovative thinking to nurture more talents for the Web3.0 technology industry." Various exhibitors with cutting-edge technologies have gathered at the DELF 2024 Experience Zone. Among them, Felix Shang, Director of Asia-Pacific at Unitree Robotics, said, "DELF provides us with an ideal interactive platform, allowing the public to gain in-depth insights into the potential applications of AI robotics technology across various industries. Moreover, it offers us valuable opportunities to expand into the international markets, further enhancing our brand influence." Besides, Edward Eremyan, CEO & Founder, TELEPORT Immersive Limited said, "As a startup at Cyberport, participating in DELF enables us to engage with numerous industry peers, exploring business opportunities across different sectors. Additionally, it allows us to directly showcase the results of combining AI with art to the public, providing innovative experiences and deepening societal understanding of the potential for AI development. This year's DELF continued with the "Play-to-Earn" activity from previous years, where the public could redeem more than 300 fabulous prizes with the points they earned after completing tasks at 30 digital entertainment experience booths. These prizes included gaming laptop, cameras, speakers, game consoles, movie tickets, and dining and leisure vouchers, allowing participants to learn while having fun and exploring new technologies. Concurrently, DELF 2024 hosted the "Elderly eSport Tournament & Experience Day". Cyberport has been organising e-sports experience activities for the elderly since 2018, with the aim of encouraging seniors to participate in e-sports, improving their physical and mental health, as well as promoting intergenerational interaction. The "NEXX Digital Entertainment Leader Awards" ceremony was held on the closing day of DELF 2024. The award recognised outstanding content creators who have successfully leveraged AI innovation and creativity in areas such as AIGC, interactive media, immersive technology, digital content, gaming, digital art, and music. For high-resolution photos, please download via this link. Photo 1: The Digital Entertainment Leadership Forum 2024 comes to a successful close with more than 3,500 participants. Photo 2–3: DELF 2024 brings together over 60 industry leaders and celebrity speakers, including Warren Cho, World Wide Azure Gaming Vertical Leader at Microsoft, and Dr Peter Ng, Assistant Professor of Department of Computing and Rehabilitation Sciences of The Hong Kong Polytechnic University. Photo 4–8: DELF 2024 not only showcases various cutting-edge technologies but also transforms into a dynamic carnival, offering participants an unparalleled entertainment experience. The event seamlessly blends virtual and reality to enhance enjoyment. Photo 9-12: Everywhere Robotics Esports Invitational 2024 (GBA) Student Drone Show, Smart Hong Kong Rotary Club Senior Esports and Experience Day and 2024 Global Idol Popularity Ranking Gipr 2 – Hong Kong Offline Selection. Hashtag: #DELF The issuer is solely responsible for the content of this announcement.About Cyberport:Cyberport is Hong Kong's digital technology flagship and incubator for entrepreneurship with over 2,000 members including over 900 onsite and over 1,100 offsite start-ups and technology companies. It is managed by Hong Kong Cyberport Management Company Limited, wholly owned by the Hong Kong Special Administrative Region Government, and committed to the vision to inject new impetus into digital economy and smart city development through innovation and technology, and to connect enterprises to Mainland China and overseas markets. Cyberport strives to nurture a vibrant tech ecosystem by cultivating talents, promoting entrepreneurship among the youth, supporting start-ups, fostering technology industry development by promoting strategic collaboration with local, Mainland Chinese and international partners, and integrating new and traditional economies by accelerating digital transformation in public and private sectors. For more information, please visit www.cyberport.hk
KOTA KINABALU, Malaysia, Aug. 17, 2024 /PRNewswire/ -- HyperLive Entertainment and SunStrong Entertainment are thrilled to announce a strategic partnership that aims to elevate events to new heights, providing incredible opportunities for talented individuals to shine and build their personal brands. This collaboration marks a significant milestone in the entertainment industry, uniting two powerhouses dedicated to creating unforgettable experiences and nurturing emerging talent. This partnership presents individuals with passion, talent, and drive an exceptional chance to become the next star in the entertainment industry. With numerous upcoming events, emerging talents will have ample opportunities to be discovered and begin their journeys in entertainment. Audiences and aspiring artists alike should stay tuned for the exciting projects on the horizon. HyperLive Entertainment, owner of the licensed Over-The-Top (OTT) platform HyperLive TV, is at the forefront of digital and live entertainment, known for its cutting-edge technology and immersive experiences. Specializing in live streaming and interactive media, HyperLive connects talent with global audiences, creating unforgettable moments and opportunities for rising stars. SunStrong Entertainment, founded by entrepreneur, Mr. Jment Lim, is renowned for its innovative productions and dedication to nurturing talent. With a diverse portfolio spanning music, film, and live events, SunStrong consistently delivers top-tier entertainment experiences to audiences worldwide. The synergy between HyperLive Entertainment and SunStrong Entertainment promises to revolutionize show production and talent development. This partnership will provide regional platforms for influencers, beauty queens, and performing arts talents to gain significant exposure and opportunities to build their personal brands. As the Major Supporting Partner of the recently completed Miss World Beauty With A Purpose Tour in Sabah, SunStrong Entertainment played a crucial role in supporting various charity activities. These activities were participated in by Mrs. Julia Morley CBE, CEO and Chairman of the Miss World Organization, the reigning Miss World 2024 Krystyna Pyszkova, and Miss World Malaysia 2023 Saroop Roshi, and were aimed at aiding underprivileged individuals, children in need, and disadvantaged families. Committed to the mission, SunStrong generously donated RM 50,000 to support Yayasan Nur Jauhar's charity initiatives. The cheque presentation ceremony was held at the Sabah State Palace, with Guest of Honour Yang Amat Berbahagia Toh Puan Datuk Seri Panglima Hajah Norlidah Binti Tan Sri R.M Jasni, The Consort of The Head of State of Sabah and Adviser to Nur Jauhar Foundation, along with Brig Gen Datuk Haji Al Hambra Tun Juhar, Deputy Speaker of the State Legislative House and Chairman of Nur Jauhar's Foundation. Upcoming collaborative events include the Miss Grand Malaysia 2024 Grand Finals, co-organized by both companies and scheduled for 22 August 2024 at the Galaxy Banquet Hall, HGH Convention Centre in Kuala Lumpur. The event will feature the reigning Miss Grand International 2023, Luciana Fuster, as a special guest, elevating the pageant to new heights and attracting global attention. Later this year, HyperLive Entertainment will host its inaugural HyperLive TV Influencer Festival and Awards in Sabah. This event will bring together content creators and influencers from across Asia, featuring a phygital livestream festival, networking sessions, influencer workshops, and an awards ceremony. As the Main Presenter, SunStrong Entertainment will work with HyperLive to nurture talent and connect businesses with regional content creators and livestreamers. Towards the end of the year, HyperLive Entertainment will produce the highly anticipated Miss World Malaysia Grand Finals in Sabah. This event will be produced as a six-episode reality series, showcasing the finalists' talents. SunStrong Entertainment will again be the Main Presenter, providing new opportunities for the beauty queens to venture into the entertainment industry. Dr. Sean Wong, CEO of HyperLive Entertainment, expressed his excitement about the partnership, saying, "We are thrilled to partner with SunStrong Entertainment to bring our events to greater heights. This collaboration will open doors for countless talented individuals, providing them with platforms to shine and make a significant impact. Together, we will nurture the next generation of stars." Mr. Jment Lim, Founder of SunStrong Entertainment, shared his enthusiasm, stating, "SunStrong Entertainment is excited to join forces with HyperLive Entertainment. Our shared vision of supporting and developing talent aligns perfectly, and we look forward to making a positive difference in the entertainment industry. Through our collaborative efforts, we aim to inspire, uplift, and provide unparalleled opportunities for emerging talents." Stay tuned for more updates on these exciting projects. For more information, please visit their official websites: HyperLive Entertainment - www.hyperlive.tv SunStrong Entertainment - www.sunstrongentertainment.com
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