Blaze of Glory (Star Trek: Deep Space Nine)

Glory Star Unveils a Revolutionary Upgrade on CHEERS Telepathy Creative Platform, Unleashing Cutting-Edge AI Technology Applications

Retrieved on: 
Tuesday, September 19, 2023

With a relentless commitment to enhancing user experience and pushing creative boundaries, CHEERS Telepathy’s creative platform continues to redefine the landscape of digital innovation.

Key Points: 
  • With a relentless commitment to enhancing user experience and pushing creative boundaries, CHEERS Telepathy’s creative platform continues to redefine the landscape of digital innovation.
  • This groundbreaking upgrade equips CHEERS Telepathy with unparalleled computational prowess, harnessing advanced AI algorithms and expanding its repertoire of intelligent functionalities.
  • Unlike conventional platforms for user-generated and professional-generated content, the latest incarnation of CHEERS Telepathy’s creative platform strikes an exquisite balance between productivity and excellence.
  • This treasure trove of high-quality creative content empowers users to embark on unique artistic journeys, unleashing their innovative prowess and fostering unparalleled content diversity.

Glory Star’s Customer Mining Method and System Awarded China National Invention Patent

Retrieved on: 
Tuesday, September 12, 2023

The patent, granted to Glory Star's subsidiary CHEERS, is titled "Customer Mining Method and System Based on Customer Behavioral Characteristics," which propels the Company to the forefront of technological innovation in the field of customer acquisition.

Key Points: 
  • The patent, granted to Glory Star's subsidiary CHEERS, is titled "Customer Mining Method and System Based on Customer Behavioral Characteristics," which propels the Company to the forefront of technological innovation in the field of customer acquisition.
  • This patent marks a significant milestone, underscoring Glory Star's unwavering commitment to research and development excellence.
  • It encompasses a comprehensive range of cutting-edge features, including data collection, data preprocessing and analysis, customer clustering and mining, and result visualization.
  • "We are thrilled to have achieved this national invention patent for our revolutionary Customer Mining Method and System," Mr. Bing Zhang, Chairman and CEO of the Company, commented.

Glory Star Announces Closing of $20 Million Strategic Investment

Retrieved on: 
Tuesday, September 5, 2023

BEIJING, Sept. 5, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star", the "Company" or "we") (NASDAQ: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced that it closed its private placement pursuant to the Share Subscription Agreement, dated August 16, 2023, and will issue an aggregate of 8,064,516 ordinary shares, at a purchase price of $2.48 per share for an aggregate gross proceeds of $20 million.

Key Points: 
  • BEIJING, Sept. 5, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star", the "Company" or "we") (NASDAQ: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced that it closed its private placement pursuant to the Share Subscription Agreement, dated August 16, 2023, and will issue an aggregate of 8,064,516 ordinary shares, at a purchase price of $2.48 per share for an aggregate gross proceeds of $20 million.
  • "We are greatly honored to continue to win the favor and support from institutional investors, and are grateful for their recognition in the value of Glory Star, as well as their decision to stand alongside the Company in the long run to help us continuously innovate and grow," Mr. Bing Zhang, Chairman and CEO of the Company, commented.

Glory Star Announces a New Round of $20 Million Strategic Investment at $2.48 per Share

Retrieved on: 
Wednesday, August 16, 2023

BEIJING, Aug. 16, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star", the "Company" or "we") (NASDAQ: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced that it has entered into a Share Subscription Agreement with two new institutional investors, for the issuance of 8,064,516 ordinary shares in aggregate, at a purchase price of $2.48 per share (the "Private Placement").

Key Points: 
  • BEIJING, Aug. 16, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star", the "Company" or "we") (NASDAQ: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced that it has entered into a Share Subscription Agreement with two new institutional investors, for the issuance of 8,064,516 ordinary shares in aggregate, at a purchase price of $2.48 per share (the "Private Placement").
  • The gross proceeds will be $20,000,000.
  • The purchase price was determined based off of the prior private placement that closed on May 9, 2023.
  • The closing of the Private Placement is anticipated to occur on or about September 5, 2023.

Glory Star Releases Multimodal AI Content Creation Platform CHEERS Telepathy

Retrieved on: 
Tuesday, July 18, 2023

BEIJING, July 18, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced the launch of CHEERS Telepathy, a groundbreaking artificial intelligence (AI) content creation platform that incorporates multimodal functions.

Key Points: 
  • BEIJING, July 18, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced the launch of CHEERS Telepathy, a groundbreaking artificial intelligence (AI) content creation platform that incorporates multimodal functions.
  • Powered by CHEERS AI's intelligent cloud-based service "Polaris", CHEERS Telepathy offers a glimpse into the future of art, by providing a stable and reliable AI content creation experience that allows for unprecedented possibilities of art and creativity.
  • CHEERS Telepathy is able to generate multiple versions of content based on users' preferences, needs and previous designs.
  • CHEERS Telepathy is there to break boundaries with its versatile usage from content creation and enhancement to automatic synthetic media generation and analysis."

Glory Star's Subsidiary CHEERS Awarded National Invention Patent

Retrieved on: 
Tuesday, June 20, 2023

BEIJING, June 20, 2023 PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced that its subsidiary, CHEERS, has been awarded an invention patent certificate by the National Intellectual Property Administration.

Key Points: 
  • BEIJING, June 20, 2023 PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced that its subsidiary, CHEERS, has been awarded an invention patent certificate by the National Intellectual Property Administration.
  • This patent recognizes CHEERS' outstanding research and development capabilities and innovation in the field of internet infrastructure services.
  • The newly-awarded invention patent, titled "Big Data-Based Data Analysis Method," offers data output recommendations for various types of internet network businesses from multiple dimensions, addressing clients' demands for enhancing user experience in software application.
  • This cutting-edge technology further strengthens the Company's leadership in data and content analysis, and showcases Glory Star's commitment to technological advancement.

CHEERS, the Subsidiary of Glory Star Obtains ISO27001 Certification for Information Security Management

Retrieved on: 
Tuesday, May 30, 2023

BEIJING, May 30, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced that its subsidiary, CHEERS, has successfully passed the certification audit and received the ISO 27001 Certificate in Information Security Management.

Key Points: 
  • BEIJING, May 30, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced that its subsidiary, CHEERS, has successfully passed the certification audit and received the ISO 27001 Certificate in Information Security Management.
  • ISO27001 stands as one of the most widely adopted and exemplary information security management standards in the world and is also renowned as the pinnacle of international information security management.
  • Mr. Bing Zhang, Chairman and Chief Executive Officer of Glory Star, commented: "It is of high importance to achieve this certification, as it signifies that Glory Star possesses the most comprehensive, mature, and highly effective international capability and level of expertise in ensuring internet information security.
  • It serves as a full validation of the company's reliability in the realm of Internet product information security.

Glory Star's Digital Collection NFT App CheerReal Announces Major Platform Upgrade

Retrieved on: 
Tuesday, May 23, 2023

BEIJING, May 23, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star", the "Company" or "we") (NASDAQ: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced a major upgrade to its self-developed digital collection non-fungible tokens ("NFT") application, CheerReal.

Key Points: 
  • BEIJING, May 23, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star", the "Company" or "we") (NASDAQ: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced a major upgrade to its self-developed digital collection non-fungible tokens ("NFT") application, CheerReal.
  • CheerReal is positioned as a "cultural and artistic digital collection" platform that aims to create a new cultural and artistic interactive experience, connecting virtual and real economy through innovative digital art and a diverse and inclusive metaverse world.
  • The upgrade is expected to make the platform even more engaging and dynamic, strengthening its position in the market and attracting more art collectors and enthusiasts.
  • By empowering creators and collectors, CheerReal has established a strong foothold in the market for digital collections, and as the market continues to grow, CheerReal is poised to become a leading player in the industry."

Glory Star Announces Closing of its $60 Million Strategic Investment at $2.48 per Share

Retrieved on: 
Tuesday, May 9, 2023

The purchase price was agreed to by the Company and the Investors based off of the privatization price of US $1.55 per share approved by the Company's shareholders on November 11, 2022, and with a 60% premium.

Key Points: 
  • The purchase price was agreed to by the Company and the Investors based off of the privatization price of US $1.55 per share approved by the Company's shareholders on November 11, 2022, and with a 60% premium.
  • "Especially at this time when our share price is significantly undervalued, we are humbled and delighted by the Investors' recognition in the Company's intrinsic value and growth potential, which indeed is another milestone in a challenging landscape.
  • With a strong foundation and supportive investors, we remain confident in our long term growth strategy to further expand our business and are well positioned to deliver shareholder value going forward."
  • Mr. Bing Zhang, Chairman and CEO of the Company, commented.

Glory Star Announces Signing of $60 Million Strategic Investment with Two Institutional Investors at $2.48 per Share

Retrieved on: 
Tuesday, April 18, 2023

BEIJING, April 18, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star", the "Company" or "we") (NASDAQ: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced that it has entered into a Share Subscription Agreement with two institutional investors (the "Investors"), for the issuance of 24,193,548 ordinary shares in aggregate, at a purchase price of $2.48 per share.

Key Points: 
  • BEIJING, April 18, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star", the "Company" or "we") (NASDAQ: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced that it has entered into a Share Subscription Agreement with two institutional investors (the "Investors"), for the issuance of 24,193,548 ordinary shares in aggregate, at a purchase price of $2.48 per share.
  • The gross proceeds will be $60,000,000.
  • The purchase price was determined based off of the privatization price of US $1.55 per share approved by the Company's shareholders on November 11, 2022, with a 60% premium as agreed to by the Company and the Investors.
  • The closing of the private placement is anticipated to occur on or about May 9, 2023.