BEIJING, June 18, 2024 — Cheer Holding, Inc. (NASDAQ: CHR) (“Cheer Holding,” or the “Company”), a leading provider of advanced mobile internet infrastructure and platform services, announced today that as of June 15, the total number of online view counts of topics including # Mystical Realm of Mountains and Seas and # CHEERS Telepathy on social media platforms, including TikTok, Kuaishou, Red, Tencent Video, iXigua and Weibo has exceeded 11 million, generating significant discussion among audiences since the first release on June 5, 2024.
Inspired by the magnificent and imaginative ancient Chinese masterpiece, The Classic of Mountains and Seas, the first season features five episodes: The Tree of the Evil Spirit, The Beginning of the World in Chaos, Taoyuan Estate, The Birth of the Evil God, and The Door to Another Dimension. The story follows Yue Niu and Yue Tu as they collaborate with animal tribes to seal chaos and restore peace to the mountains and seas.
Mystical Realm of Mountains and Seas is a complete work of the animation series created using text-to-video technology, powered by Cheer Holding’s independent AIGC technology. The comprehensive utilization of cutting-edge technologies such as controllable image generation, dynamic generation, and text-to-video technology enables all aspects of the production process, from art design to dynamic effect generation, culminating in the finalization of the animation miniseries. Traditionally, this process would take at least 5 months. However, CHEERS Telepathy enabled the entire production to be completed in just 3 weeks, leveraging the power of the Polaris Intelligent Cloud’s large model.
The lively discussion surrounding the five episodes of Mystical Realm of Mountains and Seas Season 1 underscores the immense cultural significance of one of the three Chinese masterpieces of the Ancient Era. As the first AIGC series of text-to-video animations solely relying on CHEERS Telepathy, this animation represents a successful commercial application of the Company’s AI technology in film and television production.
With CHEERS Telepathy continuing to make significant breakthroughs in its underlying technology and its applications expanding rapidly, the Company will accelerate the commercialization of the technology in the market and further promote its application in business sectors including film and television, animation, and advertising.
About Cheer Holding, Inc.
As a leading provider of next-generation mobile internet infrastructure and platform services in China, Cheer Holding is dedicated to building a digital ecosystem that integrates “platforms, applications, technology, and industry” into a cohesive system, creating a new, open business environment for web3.0 leveraging AI technology. The Company is developing a 5G+VR+AR+AI shared universe space that leverages cutting-edge technologies including blockchain, cloud computing, extended reality, and digital twin.
Cheer Holding’s portfolio includes a wide range of products and services, such as Polaris Intelligent Cloud, CHEERS Telepathy, CHEERS Open Data Platform, CHEERS Video, CHEERS e-Mall, CheerReal, CheerCar, CheerChat, CHEERS Fresh Group-Buying E-commerce Platform, Digital Innovation Research Institute, CHEERS Livestreaming, variety show series, IP short video matrix, and more. These offerings provide diverse application scenarios that seamlessly blend “online/offline” and “virtual/reality” elements.
With “CHEERS+” at the core of Cheer Holding’s ecosystem, the Company is committed to consolidating and strengthening its core competitiveness, and achieving long-term sustainable and scalable growth.
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Wealth Financial Services LLC
Connie Kang, Partner
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Tel: +86 1381 185 7742 (CN)