Oriental Pearl to co-establish AI-focused digital culture fund

Oriental Pearl Group Co., Ltd. (Oriental Pearl) announced its plan to invest in the "Yangtze River Delta Digital Intelligence Cultural Industry Private Investment Fund (Shanghai) Partnership (Limited Partnership)." The total fund size is targeted at RMB10 billion, with an initial closed-end capital commitment of RMB3.003 billion. Oriental Pearl will commit RMB50 million, with an initial contribution of RMB25 million, acting as a limited partner.

The fund will primarily focus on investments in the core digital cultural technology industry driven by artificial intelligence (AI) and integrated "AI+" and "Culture+" fields. This move aims to leverage market opportunities, expand investment channels, and enhance the company's research capabilities in target industries.

The investment is not expected to significantly impact Oriental Pearl's normal production, operations, or cash flow. However, the fund's establishment and investment activities are subject to registration and filing with relevant regulatory bodies, introducing an element of uncertainty. The realization of investment goals relies on the successful exit of projects, acknowledging potential risks associated with market fluctuations and policy changes.