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iDreamSky Renews Tencent Products and Services Agreement for 2027-2029
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iDreamSky Renews Tencent Products and Services Agreement for 2027-2029
  • iDreamSky's board approved renewing three Tencent cooperation agreements on November 12, 2026, covering January 1, 2027, through December 31, 2029.
  • The products and services agreement sets annual caps of RMB 420 million for supplies to Tencent, including AI Tokens and cloud services.
  • Game promotion fee caps are RMB 155.51 million, RMB 179.41 million and RMB 181.5 million for 2027, 2028 and 2029, respectively.
  • Products and services transactions and game promotion transactions require independent shareholder approval; Tencent Mobility will abstain from voting at an extraordinary general meeting.


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-20261112-12410648), 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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