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iDreamSky Signs RMB 26 Million Cloud Services Deal With Tencent Cloud International
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iDreamSky Signs RMB 26 Million Cloud Services Deal With Tencent Cloud International
  • iDreamSky's Hong Kong subsidiary signed a RMB 26 million cloud services agreement with Tencent Cloud International on November 12, 2026.
  • The subsidiary will resell cloud computing services, including AI Tokens, with payments based on actual usage.
  • Tencent Cloud International can terminate the agreement without cause with at least 30 days' written notice.
  • The deal is a connected transaction because Tencent holds approximately 11.18% of iDreamSky; independent shareholder approval is not required.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. iDreamsky Technology Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261112-12410570), on November 12, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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