JOY SPREADER (06988) Enters into Framework Cooperation Agreement with Volcano Engine

Stock News

Apr 13

JOY SPREADER (06988) has announced that, to deepen its strategic AI layout and strengthen its core technological competitiveness, the company signed a Framework Cooperation Agreement with Beijing Volcano Engine Technology Co., Ltd. on March 11, 2026. Leveraging Volcano Engine's technological advantages in big data, cloud computing, and live streaming, JOY SPREADER has commissioned it to provide technical services, including the Doubao large model. Both parties will establish a dedicated project team to carry out product solution integration and custom development, aiming to implement the technological outcomes. The aforementioned framework agreement is valid until March 31, 2027, with specific cooperation details to be stipulated in separate, specific agreements. Volcano Engine, a core cloud and AI service platform under ByteDance, possesses profound technical expertise in cloud computing, large AI models, AIGC, and e-commerce live streaming. Its self-developed Doubao large model, Seedance AI video generation technology, and GEO technology system can provide JOY SPREADER with comprehensive, enterprise-level AI and digital solutions. This collaboration represents a significant milestone in JOY SPREADER's advancement of its AI strategy and business transformation, focusing on the implementation of AI, AIGC, and GEO technologies. It holds substantial strategic importance for enhancing the operational efficiency and long-term value growth of the company.

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