Brief: Phancy Group Enters Strategic Cooperation And Joint Venture Framework Agreement With Huanxi Media

Phancy

20/05/2026 03:07

May 20 (Reuters) - Phancy Group Co Ltd 6682.HK:

ENTERS STRATEGIC COOPERATION AND JOINT VENTURE FRAMEWORK AGREEMENT WITH HUANXI MEDIA

TARGET SERVICE FEES TO PHANCY EXPECTED TO BE NO LESS THAN $200 MILLION WITHIN THREE YEARS

UNIT ENTERS FIRST LARGE MODEL API SERVICES FRAMEWORK AGREEMENT WITH HUANXI MEDIA

UNIT TO PROVIDE LARGE MODEL API SERVICES TO HUANXI MEDIA FOR $20 MILLION OVER TWO YEARS

COLLABORATION TO FOCUS ON DATA COOPERATION, JOINT EXPLORATION OF LARGE MODEL TECHNOLOGIES IN FILM AND TV PRODUCTION, OTHERS

UNIT TO SUBSCRIBE FOR 731.3 MILLION HUANXI MEDIA SHARES AT HK$0.275 PER SHARE

Further company coverage: 6682.HK

 ((Reuters.Briefs@thomsonreuters.com;))