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Longban Media Hits 6th Limit-Up on AI Video Business with 80 Yuan Revenue

Longban Media surged to its sixth straight limit-up on Sept 7, closing at 17.11 yuan per share, up 10.03%, with a market cap of about 7.6 billion yuan. The stock has gained over 77% in six sessions, driven by an AI video business that recognized only 80 yuan in revenue in June. The company attributed the low figure to late launch of the content ‘Across 1988’.

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