ByteDance Canceled Collaboration with Boton Belt's HarshVR Studio
Recently, Douyin issued an announcement saying that because HarshVR Studio, violated the Non Disclosure agreement and exaggerated the disclosure of the so-called 'exclusive cooperation with ByteDance on a variety of AR games,' ByteDance and Douyin Decided to cancel all cooperation with HashVR Studio. This studio is a shareholding company of Boton Belt.
Affected by this, on July 30, Boton Belt opened its limit down at CNY 26.35 yuan per share, and its market value shrank by CNY 1.167 billion.
This text is a result of machine translation.
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