NetDragon Partners with Jiuzhou Culture to Establish Joint Venture

Source: The Manila times
Published on: 2026-10-20 04:02

Takes Controlling Stake in AI Harness Business to Advance a Third Growth Engine HONG KONG, Oct. 20, 2026 /PRNewswire/ -- NetDragon Websoft Holdings Limited ("NetDragon" or the "Company"; Hong Kong Stock Code: 0777), a global leader in building internet communities, is pleased to announce that it has entered into a legally binding memorandum of understanding ("MOU") with Jiuzhou Culture ("Jiuzhou"), a leading AIGC short drama production and distribution company in China, to establish a joint venture ("JV") in which NetDragon will hold a 51% controlling interest. The partnership will focus on artificial intelligence technologies, AIGC-powered content creation and digital technology services, further expanding NetDragon's AI application scenarios and commercialisation opportunities while accelerating the development of a new growth engine. Deepening the Integration of AIGC and Content to ...

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