Scienjoy Holding Corporation announced that it entered into a cooperative agreement with Beijing University of Posts and Telecommunications to launch their in-depth cooperation in the research of live streaming related technology and application scenarios based on lightweight Web AR technology. According to the Agreement, the Company and BUPT will conduct technical research (including technical support exchange research) relating to the theme of Web AR technology in live broadcast-related technology and application scenarios including: (i) the current situation and future development trend of Web AR technology; (ii) the application scenarios of Web AR technology for live streaming industry; and (iii) the solution of City Card service combining live streaming e-commerce with Web AR technology. The results of the study will culminate in a series of systematic and authoritative research reports. Web AR (or web-based augmented reality) is a digital technology that allows people to easily share AR experiences over web browsers of Android, iOS, Windows and Mac systems without application required. Based on URL format dissemination, Web AR meets the basic technical requirements of social media information flow and could be widely used in various fields.