China National Culture Group signs MOU with Fireverse on AI music platform collaboration

• China National Culture Group signed a non-binding MOU on Sept. 8, 2026 with Fireverse Ventures for an AI music platform.
• Chic Culture to run operations, marketing, monetization, budgeting; Fireverse to provide core AI music technology, hosting, maintenance, optimization.
• Parties also plan artist sourcing and AI co-creation projects, with a push into AI-integrated live concerts and performances.
• Commercial terms to be negotiated within three months, covering revenue sharing, capital or equity contributions, IP ownership, licensing, budgets, performance metrics.
• MOU runs six months, terminable on 30 days’ notice; no consideration paid, no binding financial or operational commitments pending a definitive agreement.

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. China National Culture Group 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-20260908-12324977), on September 08, 2026, and is solely responsible for the information contained therein.