China Literature (HK:0772) has released an update.
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China Literature Limited has announced a revision of the annual caps for its 2024 Media Production Consignment Agreement with Tencent Computer. The agreement, which involves the production and distribution of films and animations, will now see increased financial limits for the years 2024 through 2026. This move reflects a strategic adaptation to bolster collaboration with Tencent, a major shareholder in the company.
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