Gold financial report, Weblogs, Inc., proposed an equity investment in Sand.ai with 300 million yuan of its own capital to subscribe to the additional priority A+ shares of Sandai Cayman, holding 4.3963 per cent of the portfolio after completion of the investments. As a transitional arrangement, the company pre-positioned 300 million yuan in debt transfer to Shanghai Three-Daky Technologies and obtained an A+ revolving shareholding certificate. Sand.ai was founded in January 2024 and is mainly involved in the development of visual content generation models and video-based model applications.
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