On April 16, during the 13th China Internet Audio-Visual Conference, Dianzhong Technology, in collaboration with its subsidiaries Hippo Theater and DramaBox, announced the launch of the 'Double Billion' AIGC Global Co-Creation Initiative. This ambitious plan earmarks US$150 million and RMB 1 billion in specialized funding to bolster AIGC content creation on both domestic and international fronts. Additionally, it grants licensing rights for 80,000 high-caliber existing novel intellectual properties (IPs). The core objective of this initiative is to forge a mutually beneficial creation ecosystem, leveraging a 'super guaranteed minimum + revenue sharing' framework. By doing so, it seeks to expedite the large-scale production and dissemination of premium AIGC content, propel the high-quality advancement of Chinese micro-short dramas, and ultimately position China as a global hub for storytelling.