On July 11th, Yaocheng Intelligence (commonly known as FansAI), a company specializing in AI-driven content and interactive video solutions, officially declared the complete acquisition of Xinying Technology, an AI music application provider. This move represents a pioneering and noteworthy merger and acquisition within the OPC (Online Platform and Content) sector. Xinying Technology boasts a portfolio of three distinct products, collectively attracting hundreds of thousands of monthly active users and generating monthly revenues in the tens of thousands of US dollars, underscoring its significant market presence and potential for growth.
