Global Mofy Metaverse Limited Sets Up Subsidiary in California, USA to Expand Global Presence and Venture into Hollywood’s Digital Entertainment Market
04 Januar 2024 - 2:30PM
Global Mofy Metaverse Limited (the "Company" or “Global Mofy
Metaverse”) (NASDAQ: GMM), a technology solutions provider engaged
in virtual content production, digital marketing, and digital
assets development for the metaverse industry, today announced the
registration of its subsidiary, Global Mofy Technology LLC, in
California, the United States, aiming to expand its virtual content
production business overseas, and to delve into the overseas short
drama markets.
This strategic decision aligns with the
Company's global business strategy. Global Mofy Metaverse has been
devoted to developing virtual technology solutions and delivering
high-quality entertainment content worldwide. Establishing a
subsidiary in the United States enables the Company to venture into
the Hollywood market and actively participate in the digital
entertainment landscape.
In recent years, the digital entertainment
market in the United States has thrived, with the emergence of
short dramas becoming a significant channel for the public to
access entertainment content. Through strengthened collaborations
with Hollywood, overseas production companies, and content
platforms, Global Mofy Metaverse aims to deliver innovative
contents, including short dramas, catering to the diverse needs of
various regions and cultures. Furthermore, leveraging the company's
existing assets and technologies, Global Mofy Metaverse will
continue to provide high-quality virtual technology production
services to its overseas clients, encompassing areas such as film,
television, short dramas, and mixed reality (MR).
Mr. Yang Haogang, CEO of the Company commented,
"We are delighted to announce the establishment of our first
overseas subsidiary in the United States. This is a vital step in
our strategic development, enabling us to serve global clients
better and enhance our competitiveness in overseas markets. We will
rely on Global Mofy Metaverse’s advanced virtual technology
solutions to subsequently provide comprehensive virtual technology
services for clients in Hollywood and, indeed, worldwide, ushering
in immersive audiovisual experiences for our global audience."
About Global Mofy Metaverse
Limited
Headquartered at Beijing, Global Mofy Metaverse
Limited is a technology solutions provider engaged in virtual
content production, digital marketing, and digital assets
development for the metaverse industry. Utilizing its proprietary
“Mofy Lab” technology platform which consists of cutting-edge
three-dimensional (“3D”) rebuilt technology and artificial
intelligence (“AI”) interactive technology, the Company creates 3D
high definition virtual version of a wide range of physical world
objects such as characters, objects and scenes which can be used in
different applications such as movies, TV series, AR/VR, animation,
adverting and gaming. Global Mofy Metaverse is one of the leading
digital asset banks in China, which consists of more than 7,000
high precision 3D digital assets. With its strong technology
platform and industry track record, Global Mofy Metaverse is able
to attract high-profile customers and earn repeat business. The
Company primarily operates in three lines of business (i) virtual
technology service, (ii) digital marketing, and (iii) digital asset
development and others. For more information, please visit:
www.globalmofy.cn/, ir.globalmofy.cn.
Forward-Looking Statement
This press release contains forward-looking
statements. Forward-looking statements include statements
concerning plans, objectives, goals, strategies, future events or
performance, and underlying assumptions and other statements that
are other than statements of historical facts. When the Company
uses words such as "may, "will, "intend," "should," "believe,"
"expect," "anticipate," "project," "estimate" or similar
expressions that do not relate solely to historical matters, it is
making forward-looking statements. These forward-looking statements
include, without limitation, the Company's statements regarding the
expected trading of its Ordinary Shares on the Nasdaq Capital
Market and the closing of the Offering. Forward-looking statements
are not guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company's expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
uncertainties related to market conditions and the completion of
the initial public offering on the anticipated terms or at all, and
other factors discussed in the “Risk Factors” section of the
registration statement filed with the SEC. For these reasons, among
others, investors are cautioned not to place undue reliance upon
any forward-looking statements in this press release. Additional
factors are discussed in the Company's filings with the SEC, which
are available for review at www.sec.gov. The Company undertakes no
obligation to publicly revise these forward-looking statements to
reflect events or circumstances that arise after the date
hereof.
For more information, please
contact:
CompanyGlobal Mofy Metverse
Ltd.Investor Relations DepartmentEmail: ir@mof-vfx.com
Investor RelationsWFS Investor
Relations Inc.Janice Wang, Managing PartnerEmail:
services@wealthfsllc.comPhone: +86 13811768599+1 628 283 9214
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