SINGAPORE, Jan. 7, 2025 /PRNewswire/ — Mega Matrix Inc. (NYSE American: MPU) announced that it attended the China (Shanghai)-UAE Industry and Investment Cooperation Conference, themed "Exploring Overseas Markets, Building a Prosperous Future Together," which was grandly held in Shanghai on January 7, 2025. Carol Wang, CFO of MPU FlexTV, was honored to attend the event, where she engaged with government officials, financial leaders, industry experts, and business elites from both China and the UAE to discuss investment opportunities and cooperation potential for Chinese enterprises in the UAE.
The conference was co-hosted by the UAE Ministry of Investment and Minsheng Securities, and organized by the UAE China Innovation Center. It attracted prominent figures such as His Excellency Mohammad Alhawi, Deputy Minister of the UAE Ministry of Investment, key officials from the Ministry of Investment, leading figures from UAE sovereign funds, and heads of major trade and economic departments from various emirates. The UAE government officials presented the advantages of the UAE’s investment environment, which include low taxes, 100% foreign ownership, an AA sovereign credit rating, emphasis on intellectual property, cybersecurity, and worker protection, as well as over 40 free trade zones. These factors collectively create a robust and dynamic investment ecosystem, providing favorable macro conditions for deepening cooperation between China and the UAE, thus achieving mutual benefits and win-win outcomes.
The conference also included dedicated time for China-UAE businesses to engage in one-on-one discussions, providing more opportunities for cooperation. MPU had in-depth exchanges with various enterprises and institutions in the UAE, which not only added new dimensions to the company’s global pan-entertainment investment strategy but also opened new paths for China-UAE cooperation in the pan-entertainment sector, signaling a broader future for cultural industry collaboration between the two nations.
Prior to the Middle East Investment Exchange, MPU had signed a Memorandum of Understanding (MOU) with UAE pan-entertainment giant 9yards Cinema Production to jointly establish a short drama investment fund. MPU’s participation in this event not only further strengthened its cooperation with the UAE in the pan-entertainment investment field but also demonstrated MPU’s active stance in China-UAE bilateral cooperation, as well as its firm determination to expand the globalization of its short drama business, being the first short drama stock listed on the US stock market.
About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact [email protected] or visit: http://www.megamatrix.io.
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