BEIJING, September 28, 2023 /PRNewswire/ — Scienjoy Holding Company (“Scienjoy”, or the “Firm”) (NASDAQ: SJ), a number one supplier of reside streaming and leisure platforms within the Chinese language market, immediately unveiled key enhancements to its metaverse companies:
1. Institution of Scienjoy Verse Tech Ltd in DIFC
Together with the federal government’s visionary metaverse technique DubaiScienjoy proudly establishes “Scienjoy Verse Tech Ltd” (“SVTL”) on the Dubai Worldwide Monetary Heart (DIFC). As a significant shareholder, Scienjoy needs SVTL to change into the epicenter of the worldwide metaverse enterprise, uniting the essence of SJ Verse with the opulence of Dubai‘s premium tradition and world-class life-style. Emphasizing his preliminary efforts within the discipline of Center East And North-Africa area, SVTL is strategically positioned to supply a continuous elegant metaverse life-style platform for individuals around the globe, then take the metaverse attract to the worldwide stage.
2. Introduction of Dr. Khalifa Al Shimmari
With the imaginative and prescient to combine international ambitions with regional experience, Scienjoy is happy to welcome Dr. Khalifa Al Shimmari as Chief Technique Officer (CSO) of SVTL. We consider that Dr. Khalifa’s spectacular monitor document in enterprise technique, management roles and progressive tasks within the UAE can be important to Scienjoy’s growth. Dubai-centric metaverse ambitions. His important native data and affect can be instrumental in propelling Scienjoy to a number one place on this planet Dubai metaverse ecosystem and facilitating native help.
3. MOU with NUJOOM ALMASHREQ MEDIA LLC (“NUJOOM”)
In pursuit of groundbreaking content material, Scienjoy is happy to announce the signing of a Memorandum of Understanding (the “MOU”) to amass 90% of the shares in NUJOOM, a Dubai-based multi-channel community (MCN) dedicated to discovering, nurturing and spotlighting rising content material creators. NUJOOM is slated for seamless integration with BeeLive, and its prowess can be leveraged in SJ Verse’s content material evolution, laying the inspiration for the creation of the subsequent technology of metaverse life-style content material that we consider will resonate globally.
Mr. Victor HeyChairman and Chief Government Officer of Scienjoy, mentioned: “From our strategic funding in DVCC TECHNOLOGY LLC to the institution of SVTL within the coronary heart of Dubaiour journey represents a deep dedication to weaving the worldwide imaginative and prescient with regional nuances. By bringing on board Mr. Khalifa, a valued native expertise, and signing the MOU with NUJOOM, a vibrant native entity, we’re positively inserting our roots within the Dubai metaverse ecosystem. We’re dedicated to creating an immersive world the place innovation and luxurious meet, and I’m deeply optimistic in regards to the distinctive and transformative experiences we need to ship to our customers.”
About NUJOOM ALMASHREQ MEDIA LLC
Positioned in DubaiNUJOOM stands as a premier MCN dedicated to discovering, nurturing and spotlighting rising content material creators. With a major deal with the colourful TikTok platform, NUJOOM seamlessly weaves content material creation with viewers engagement, redefining the digital influencer panorama.
About Scienjoy Holding Company
Scienjoy Holdings Company (NASDAQ: SJ) is a pioneering Nasdaq-listed chief in interactive leisure. Pushed by the imaginative and prescient to form an inverted life-style, Scienjoy makes use of AI-powered expertise to create immersive experiences that resonate with international audiences, foster significant connections and redefine leisure. For extra info please go to http://ir.scienjoy.com/.
Ahead-Trying Statements
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Investor relations liaison
Denny Tang
Finance Director
Scienjoy Holding Company
+86-10-64428188
ir@scienjoy.com
Tina Xiao
Climbing Investor Relations
+1-646-932-7242
traders@ascent-ir.com
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SOURCE Scienjoy Holding Company
