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Glory Star Enters Market for Intelligent IoT Terminals to Drive Development of Content Services
February 25, 2021 GMT
BEIJING, Feb. 25, 2021 /PRNewswire/ Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) (“Glory Star” or the “Company”), a leading mobile and online digital media and entertainment company in China, today announced that it has signed a content service agreement (the “Agreement”) with Hangzhou Beiying Network Technology Co., Ltd. (“Hangzhou Beiying”), a subsidiary of Dangbei Network Technology Co. Ltd. (“Dangbei Network”), the leading smart home entertainment solution developer and manufacturer. The Company has received the initial payment of RMB6 million from Hangzhou Beiying under the Agreement. The Company believes that the cooperation with Hangzhou Beiying will further catalyze the development of the Company’s content services bu ....

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