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FiEE acquires 51% stake in YinLian Culture for $3 million investment

March 27, 2026 4:05 PM

FiEE, Inc. (NASDAQ: FIEE) announced it will invest approximately $3.0 million to acquire a 51% equity stake in YinLian Culture for $51,000 and provide a convertible loan of approximately $2.9 million, according to a company press release.

Through the acquisition and associated variable interest entity structure, FiEE gains control of Maltose Culture, an AI-powered music ecosystem that combines content creation, platform distribution, and home entertainment services. If FiEE converts the loan, its equity interest in YinLian Culture would increase to 60%.

Maltose Culture operates in China's music market, providing creation tools, multi-channel distribution, and offline experiences. The company has partnerships with Chinese digital platforms and offers home entertainment membership services developed with a major Chinese telecommunications operator.

The acquisition includes a music copyright library, performer roster, and distribution channels in China. Maltose Culture is led by General Manager Zhang Rong, who brings over two decades of industry experience.

"This strategic acquisition marks a significant milestone in broadening our cultural presence with the addition of a dynamic music vertical," said Rafael Li, CEO of FiEE. "We are focused on building a vertically integrated music platform—spanning AI-driven content production, online distribution, offline live experiences, and premium home entertainment."

FiEE plans to release AI-generated music tracks and videos in the coming months, using both online distribution for global reach and offline experiences such as live performances. The company expects these efforts to support its MCN business and cross-platform commercialization opportunities.

FiEE, formerly Minim, Inc., transitioned to a software-first model in 2024 and rebranded in 2025 as a technology company focused on IoT, connectivity, and AI applications.

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