[Xinhua Net Plans to Invest 1.122 Billion Yuan to Build 'Xinhua Yudian,' Creating an Authoritative AI Political News Intelligent System] Odaily Planet Daily reports that Xinhua Net (603888.SH) announced its plan to invest in the construction of the 'Xinhua Yudian' project, with a total budget of 1.122 billion yuan. Of this, 741 million yuan will come from reallocated raised funds, while the remaining amount will be supplemented with the company's own funds. The project aims to create an authoritative AI political news intelligent system, offering core functionalities such as intelligent Q&A, subscription push notifications, knowledge base, and an intelligent system hub. The static investment payback period for the project is 4.17 years, with an internal rate of return of 20.35%.