Maiyue Technology announced that it has signed a strategic cooperation framework agreement with NetEase Youdao Information Technology (Beijing) Co., Ltd. The two parties will collaborate on the development and application of artificial intelligence translation technology, aiming to strengthen language solutions in the China-ASEAN region. Additionally, the company has signed a non-legally binding strategic cooperation agreement with Ferry International Consulting Co., Ltd. to promote the use of AI devices in Cambodia. Under the agreement, NetEase Youdao plans to purchase 10,000 portable translation devices from the company, while Ferry International plans to purchase 2,000 AI language products.