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箩筐技术公司宣布高品质视频娱乐服务合作进展

Rowbasket Technology Corporation Announces Progress in High-Quality Video Entertainment Service Cooperation

美通社 ·  May 2, 2019 20:00

Beijing, May 2 / PRNewswire-Asianet /-- Luokung Technology Corp (stock code LKCO), one of the world's leading spatio-temporal big data technology companies and China's leading location-based interactive travel data service company, is one of the world's leading space-time companies. CompanyTodayIt has announced that its independent brand of high-quality video entertainment service, "Flying Cinema", has been opened up and down, and users can continue to watch movies through "Flying Cinema" embedded in the "handheld high-speed rail" APP after leaving the environment of Wi-Fi. Flying Cinema has become one of the most popular entertainment services in the car.

The company previously announced a cooperation agreement with National Railway Jixun Technology Co., Ltd. (hereinafter referred to as "National Railway Jixun") to provide APP with movie content SDK, film rights and operational services. "Flying Cinema" is an independent brand of high-quality video entertainment services developed and created by the company and its partners based on this agreement, and was launched on the "handheld high-speed rail" APP in January 2019.

The company expects that in June 2019, "Flying Cinema" will achieve the functions of getting through members and paying for cinemas, providing tourists with up to 1000 Chinese and foreign film entertainment services. At the same time, the independent mobile phone client of "Flying Cinema" is expected to be developed and launched in August 2019. The company expects "Flying Cinema" to become a network broadcasting and distribution platform for high-quality film and television content, as well as high-quality content operators such as high-speed rail and airports.

About National Railway Jixun Technology Co., Ltd.

China Railway Jixun is the first mixed reform project of the China Railway Corporation, which holds a 51 per cent stake, a 39 per cent stake in Zhejiang Geely holding Group Co., Ltd., and a 10 per cent stake in Shenzhen Tencent computer Systems Co., Ltd. (stock code 00700). China Railway Jixun is responsible for the construction and operation of the Wi-Fi platform for all EMU of China Railway, providing passengers with station-car integration and online and offline collaborative travel services through its own mobile application software, "handheld high-speed rail". Is China's core railway travel service provider, its Wi-Fi business will deploy China's high-speed rail and bullet train all times, the passenger flow is expected to cover 3 billion passengers in 2020.

About Luokung Technology Corp Company

Luokung Technology Corp is one of the world's leading space-time big data technology service companies and China's leading location-based interactive travel service company. The company's core business brands are "basket" and "overload", of which "basket" is used for mobile Internet B2C business, and "override" is used for space-time big data B2B and B2G business. The company provides users with independent mobile application software (APP) "basket", based on the company's first full-vector full-function non-slice map of the mobile Internet to provide users with location interaction services (LBS). At the same time, it also provides full vector non-slice mobile Internet map SDK service for third-party APP. The company's independently developed patented technology-"override" spatio-temporal cloud indexing technology provides spatio-temporal big data SaaS services for the Internet and the Internet of things, including but not limited to efficient and fast analysis and processing of spatio-temporal data in the fields of HDMap, 3D maps, satellite remote sensing data, real-time trajectories, etc. For more information about the company, please log in. .

Business risks and forward-looking statements

The content contained in this press release may include forward-looking statements that meet and comply with the definition of safe harbor created by Section 21E of the Securities Exchange Act of 1934 and the Private Securities procedure Act of 1995. Some terms are used in forward-looking statements, such as "will", "expect", "expect", "future", "intend", "plan", "believe", "estimate", "goal", "future", "prospect" and other similar expressions. Forward-looking statements are based on management's current expectations and current market and operational conditions, including known and unknown risks, uncertainties and other factors that are difficult to predict and most of which are difficult for the company to control. This may cause actual results, performance or achievements to deviate materially from the forward-looking statements. Please refer to the various risks and uncertainties listed in the company's filings with the Securities and Exchange Commission. Except as required by law, we are under no obligation to update or revise forward-looking statements for any reason.

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