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Xinhua Net: Plans to invest 1.12B yuan to build the "Xinhua Dictionary" project

MarsBitNews
Mars Finance News: On June 4th, Xinhua News Agency announced that the company plans to invest in the construction of the "Xinhua Dictionary" project, with a total budget of 1.12B yuan, of which 741 million yuan of raised funds will be allocated to the investment budget, and the shortfall will be supplemented with own funds. This project is an important measure for Xinhua News Agency to promote systematic reform of mainstream media and actively adapt to the communication rules of the AI era, aiming to create an authoritative AI political news intelligence entity, providing core functions such as intelligent Q&A, subscription push, knowledge base, and intelligence plaza. The project's static payback period is 4.17 years, with an internal rate of return of 20.35%. (Company Announcement)
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