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Zhitong Hong Kong Stock Shareholder Equity Disclosure | December 19.
Hong Kong Stock Shareholder Equity Disclosure | December 19.
Flowing Cloud Technology Ends Key Shareholder Agreement
Feitian Yundong (06610.HK): Wang Lei and Li Yanhao terminate the agreement of concerted action.
Gelonghui reported on December 18 that Feitian Yundong (06610.HK) announced that on December 13, 2021, Wang Lei and Li Yanhao entered into a concerted action agreement. According to this agreement, Mr. Wang and Mr. Li confirmed that (including) from the time they became shareholders and/or beneficial owners of Peking Zhangzhong Feitian Technology Co., Ltd. ("Zhangzhong Feitian Technology") or any member company of the group, they would cooperate on matters concerning Zhangzhong Feitian Technology as concerted action persons and would continue to act in this manner until the agreement expires, and they have always and will continue to discuss issues related to this company and this group.
IDC predicts that next year, shipments of AR and VR in China will grow more than double compared to the previous year.
IDC Consulting has released an insight report on the Augmented Reality (AR) and Virtual Reality (VR) market in China for 2025, indicating that this year the AR and VR industries have experienced many difficulties and challenges in the ever-changing market and economic environment. It is expected that next year, driven by innovations in software and hardware technology, AI support, and the entry of Terminal Manufacturers, the market will reach a turning point, with an overall shipment forecast to grow by 114.7% year-on-year. Among these, AI-enabled smart audio glasses are gaining higher public acceptance due to their convenient form and lower entry threshold, with IDC projecting that the AR market in China will grow by 143.9% year-on-year by 2025.
Feitian Cloud Dynamics (06610.HK): Li Yanhao resigns as executive director.
Kuang Long Hui November 4th news: FeiTianCloud (06610.HK) announced that due to Li Yanhao's plan to devote more time to other matters, he has resigned as an executive director of the company, effective from November 3, 2024.
Flowing Cloud Technology Invests in Smart Fund
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