[ETNews] Ten Gyeonggi Content Companies Pursue $17.24 Million in Export Deals at China Expo

▲ Emotionwave conducted business consultations at the Shenzhen International IP Licensing Expo held in Shenzhen, Guangdong Province, China, with KCCA.

 
The Korea Creative Content Agency (Director Tak Yong-seok) announced on the 9th that it achieved $17.24 million (approximately 23.55 billion KRW) in export contract promotion through operating the Korean pavilion at the Shenzhen International IP Licensing Expo held in Shenzhen, Guangdong Province, China last month.
The Shenzhen International IP Licensing Expo is China's largest intellectual property (IP) expo. This year, over 1,000 related companies and more than 80,000 visitors participated, confirming the high interest in the content IP industry from the Chinese market.
Ten companies, including △Creative Bomb △Emotionwave △Design Seoul △Universe Design △Idea Concert △H.S Works △Around Effect △Eunhoo Boaz △iForm △Clock House, participated in the Korean pavilion operated by KCCA.
These companies conducted 128 business consultations during the event period, achieving a total export contract promotion amount of $17.24 million.
Among the participating companies, H.S Works secured two MOUs and agency contracts, including promising cooperation with Oriental Blue Culture Industry Group in China to utilize and sell character IPs for theme parks and department stores.
Universe Design has exported IP worth $330,000 by signing two copyright sales agreements, including with An Kang Ae Da Bo, a Chinese toy company.
AIMPLE Studio, a virtual broadcasting solution applying generative AI technology developed by Emotionwave, attracted interest from China's marketing company Tianmu Da A Cheng, opening opportunities for expanding sales channels. Designseol has re-entered the Chinese market by signing contracts with manufacturers it dealt with before the pandemic after five years.
Director Tak Yong Seok said, "Despite various constraints such as the slump in the global content market, we could confirm China's high demand for content IP," adding, "We will continue to support Gyeonggi Province's excellent content to advance overseas."
Source: Etnews reporter Kim Dong Seong estar@etnews.com