The Zhitong Finance App learned that China's Ruyi (00136) rose more than 8% in early trading. As of press release, it rose 7.63% to HK$1.34, with a turnover of HK$387.612 million.

According to the news, Ruyi Film released results. In the third quarter, Ruyi Film's revenue was 3.307 billion yuan, up 6.77% year on year; net profit after deduction was 160 million yuan, up 22.08% year on year. With the advantages of operating efficiency and the IMAX format, the market share of Ruyi films reached 16.0% in the third quarter, up 8.2% year on year, and the National Day market share was 16.6%, up 15.3% year on year.

Notably, China's Confucius announced in September this year that the group is actively promoting a long-term strategy to empower the main content business with technology. With an industrial base in film and television, games, streaming media, and intellectual property (IP) reserves, the Group is closely connecting script creation, asset generation, distribution and operation, and user interaction through AI technology. Among them, the group has built three self-developed AI products: C-LIVE, KaOriGO, and Yinghuo Factory, covering the full link of upstream digital asset extraction of content, midstream script planning and material management, and downstream interactive video/interactive video game generation.

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