Xinhua Net Plans to Invest 1.122 Billion Yuan in Building "Xinhua Lexicon," Creating an Authoritative AI-Powered Current Affairs Information Agent

Odaily reported that Xinhua Net (603888.SH) announced that it plans to invest in the development of the "Xinhua Lexicon" project, with a total budget of 1.122 billion yuan. Among this, the budget for the repurposed raised funds is 741 million yuan, with the shortfall to be covered by the company's own funds. The project aims to create an authoritative AI-powered current affairs information agent, providing core functions such as intelligent Q&A, subscription push, knowledge base, and an agent marketplace. The project's static payback period is 4.17 years, with an internal rate of return of 20.35%.