Global Mofy Metaverse Limited announced the Company has been accredited for the so-called ?Leap Project? of iQIYI INC. Global Mofy Metaverse has been officially selected to join a strategic collaboration with iQIYI through a two-year partnership agreement (the ?Agreement?), which establishes the Company as an accredited visual effects supplier within IQIYI's ecosystem, specifically focusing on delivering virtual technology services. The Company expects to sign a formal collaboration agreement with iQIYI early next month.

The terms of the Agreement have been settled. Pursuant to the Agreement under negotiation, Global Mofy Metaverse will play a pivotal role in iQIYI's future film and television projects. The collaboration with iQIYI, which is renowned for its high-quality content offerings, presents a significant opportunity for Global Mofy Metaverse to showcase its expertise and expand its market presence.

The partnership grants the Company access to iQIYI's extensive production pipeline, reinforcing its position as a leader in the visual effects industry. Global Mofy Metaverse has been responsible for delivering exceptional visual effects services for iQIYI?s several highly recognized TV dramas, including for example "New Life Begins (2022)" and "My Heroic Husband (2021)," both among iQIYI?s top 10 most popular streamed dramas. Having collaborated on these high-profile productions, Global Mofy Metaverse, in future collaborations with iQIYI will not only elevate the visual aesthetics of the shows but also enhance the Company?s reputation as a provider of top-tier visual effects solutions.

IQIYI's recent announcement of a robust content lineup featuring 282 new productions underscores the immense potential for collaboration. This extensive range of projects spanning various genres, such as drama series, variety shows, movies, and entertainment content, presents a wealth of opportunities for Global Mofy Metaverse to contribute its virtual technology services and establish a long-lasting partnership with IQIYI. The collaboration symbolizes mutual growth and synergy, reflecting the share commitment to excellence and innovation in the entertainment industry.

By leveraging complementary strengths, both companies are poised to achieve remarkable success and deliver unparalleled entertainment experiences to global audiences.