Core Viewpoint - The strategic partnership between Feiyang International Holdings and WoW Universe marks a significant milestone in the integration of cultural tourism and digital creativity, highlighting the industry's shift towards digital transformation [1] Group 1: Strategic Collaborations - Feiyang Group has been actively pursuing innovative development paths, recently announcing two major strategic collaborations in early September to lay the groundwork for digital transformation in the cultural tourism sector [2] - On September 9, Feiyang Group signed a memorandum of cooperation with the Shanghai Tree Blockchain Research Institute to develop a digital asset platform based on the Conflux blockchain, aiming to enhance asset liquidity and transparency in the cultural tourism industry [2] - Following this, on September 10, Feiyang Group entered into a strategic cooperation framework agreement with the Qingdao Cultural Property Exchange Center to jointly develop a digital trading platform for cultural tourism assets [3] Group 2: Key Partnership with WoW Universe - The collaboration with WoW Universe is a crucial step in Feiyang Group's digital ecosystem strategy, leveraging WoW Universe's expertise in cultural IP commercialization and Web3 community operations [4] - The partnership is expected to foster innovation in the development and operation of digital cultural IP, combining Feiyang's extensive tourism resources with WoW Universe's capabilities to create impactful digital experiences for visitors [4] - Additionally, the collaboration may lead to the establishment of a more comprehensive digital asset trading system, enhancing the value of real cultural tourism assets through secure and efficient transactions [4] Group 3: Industry Trends and Future Outlook - The integration of cultural tourism and digital technology is becoming an industry trend, as demonstrated by Feiyang Group's recent strategic partnerships [5] - Feiyang Group is likely to create a comprehensive digital ecosystem encompassing digital asset digitization, digital IP incubation, and digital asset trading, which could provide a new development paradigm for the cultural tourism industry [5] - The ongoing collaborations are expected to propel the industry towards a higher quality development phase, showcasing the potential of digital technology in transforming cultural tourism [5]

Group 1 - The core point of the article is that Feiyang Group (01901) has seen a stock price increase of over 5%, currently at 0.40 HKD, following a strategic cooperation agreement with Qingdao Cultural Property Exchange Center in the digitalization of cultural tourism assets [1] - The strategic cooperation framework agreement focuses on building a digital trading platform for tourism assets, joint development of digital resources, and exploring innovative business models for digital asset trading in Hong Kong and overseas [1] - The collaboration is expected to positively impact the group's digital business landscape and enhance asset operational efficiency [1] Group 2 - With the upcoming Mid-Autumn Festival and National Day holidays, there is increased attention on the tourism sector, with National Securities International forecasting a 7.0% and 8.3% year-on-year increase in domestic tourism revenue and per capita visits during the National Day holiday [1] - The core indicators for the National Day holiday will focus on the recovery progress of customer spending, which, if better than expected, could boost optimism in the sector [1]

Group 1 - The core viewpoint of the article highlights the significant increase in the stock price of Feiyang Group, which rose over 5% and reached 0.40 HKD, with a trading volume of 5.7194 million HKD [1] - Feiyang Group's wholly-owned subsidiary, Zhejiang Feiyang International Tourism Group Co., Ltd., signed a strategic cooperation framework agreement with Qingdao Cultural Property Exchange Center to explore potential collaboration in the digitalization of cultural tourism assets [1] - The cooperation will focus on building a digital trading platform for tourism assets, jointly developing digital resources, researching the application of digital technology in asset verification and trading, and exploring innovative business models for digital asset trading in Hong Kong and overseas [1] Group 2 - The upcoming Mid-Autumn Festival and National Day holidays are expected to catalyze interest in the tourism sector, with Guozheng International forecasting a 7.0% and 8.3% year-on-year increase in domestic tourism revenue and per capita visits during the National Day holiday [1] - The core indicators for the National Day holiday will be the recovery progress of customer spending, which, if better than expected, could boost optimism in the tourism sector [1]

Group 1 - The core point of the article highlights that on September 11, shareholders of Feiyang Group (01901) deposited shares into China Merchants Securities Hong Kong, with a market value of HKD 18.9696 million, accounting for 5% of the total [1] - Feiyang Group announced a strategic cooperation framework agreement with Qingdao Cultural Property Exchange Center regarding potential collaboration in the digitalization of cultural tourism assets, signed by its wholly-owned subsidiary Zhejiang Feiyang International Tourism Group Co., Ltd. on September 10, 2025 [1]

Group 1 - The core point of the article is that Feiyang Group (01901) has deposited shares worth HKD 18.9696 million into China Merchants Securities Hong Kong, representing 5% of the total shareholding [1] - Feiyang Group announced a strategic cooperation framework agreement with Qingdao Cultural Property Exchange Center regarding potential collaboration in the digitalization of cultural tourism assets [1]

Major Events - The clinical trial for the combination treatment of Tienogtinin and Furvestrant for HR-positive/HER2-negative or low-expressing recurrent or metastatic breast cancer has been approved for Phase II [1] - Feiyang Group's subsidiary signed a strategic cooperation framework agreement with Qingdao Cultural Property Exchange Center for potential collaboration in the digitalization of cultural tourism assets [1] - Kaizhile International entered the TCG sector by reaching an operational service cooperation with the globally renowned IP Pokémon [1] - CIMC Group's BWO plans to lease two lifting living platforms, "Huaye Long" and "Huashang Long," to Hailong 16 and Hailong 17 companies [1] - Goldwind Technology intends to invest 18.92 billion in building a wind-hydrogen-ammonia integrated project in Inner Mongolia [1] Financial Data - Zhongyuan Jianye reported a contract sales of 7.28 billion for the first eight months, a year-on-year decrease of 20.0% [1] - Jianye Real Estate's total property contract sales for the first eight months reached 5.62 billion, down 5.0% year-on-year [1] - Baoshen International's cumulative operating income net for the first eight months was approximately 11.555 billion, a decline of 8.1% year-on-year [1] - China Resources Power's subsidiary power plants sold a total of 144 million megawatt-hours in the first eight months, an increase of 5.9% year-on-year [1] - Jiangshan Holdings reported a total solar power generation of approximately 218.2 thousand megawatt-hours in the first eight months, a decrease of 3.55% year-on-year [1]

Core Viewpoint - Feiyang International (01901.HK) has signed a strategic cooperation framework agreement with Qingdao Cultural Property Exchange Center to explore potential collaboration in the digitalization of cultural and tourism assets, aiming to enhance business innovation and market competitiveness [1] Group 1: Strategic Cooperation Details - The cooperation focuses on building a digital trading platform for tourism assets and exploring compliant and efficient mechanisms for the circulation of digital cultural and tourism assets [1] - Joint efforts will include the digital development of cultural and tourism resources and IP incubation to foster new consumption scenarios in the cultural and tourism sector [1] - The partnership will investigate the application of digital technologies such as blockchain in the certification and trading of cultural and tourism assets [1] - There is an intention to explore innovative business models for digital asset trading in Hong Kong and overseas markets [1] Group 2: Expected Impact - The potential collaboration is expected to help the company integrate resources in the cultural and tourism industry with digital trading capabilities, enhancing operational efficiency [1] - The board believes that this partnership will allow the company to seize opportunities in the digitalization of cultural and tourism sectors, creating sustained value for shareholders [1]

Core Viewpoint - The company has signed a strategic cooperation framework agreement with Qingdao Cultural Property Exchange Center to explore potential collaboration in the digitalization of cultural tourism assets, aiming to enhance business innovation and market competitiveness [1][2] Group 1: Strategic Cooperation Details - The agreement focuses on building a digital trading platform for tourism assets and exploring compliant and efficient mechanisms for the circulation of digital cultural tourism assets [1] - Joint efforts will include the digital development of cultural tourism resources and IP incubation to foster new consumption scenarios in the cultural tourism sector [1] - The collaboration will also investigate the application of digital technologies such as blockchain for asset certification and transactions in the cultural tourism industry [1] - The parties will explore innovative business models for expanding digital asset trading in Hong Kong and overseas [1] Group 2: Expected Impact - The potential collaboration is expected to enhance the company's ability to integrate resources in the cultural tourism industry and improve digital trading capabilities [2] - It aligns with the company's long-term development strategy and is anticipated to positively impact the efficiency of asset operations and the expansion of digital business scenarios [2] - The board believes that this partnership will help the company seize opportunities in the digitalization of cultural tourism, creating sustained value for shareholders [2]

Core Viewpoint - The company has signed a strategic cooperation framework agreement with Qingdao Cultural Property Exchange Center to explore potential collaboration in the digitalization of cultural tourism assets, aiming to enhance business innovation and market competitiveness [1][2] Group 1: Strategic Cooperation Details - The agreement focuses on building a digital trading platform for tourism assets and exploring compliant and efficient mechanisms for the circulation of digital cultural tourism assets [1] - Joint efforts will include the digital development of cultural tourism resources and IP incubation to foster new consumption scenarios in the cultural tourism sector [1] - The collaboration will also investigate the application of digital technologies such as blockchain for asset certification and transactions in the cultural tourism industry [1] - The parties will explore innovative business models for expanding digital asset trading in Hong Kong and overseas [1] Group 2: Expected Impact - The potential collaboration is expected to enhance the company's ability to integrate resources in the cultural tourism industry and improve digital trading capabilities [2] - It aligns with the company's long-term development strategy and is anticipated to positively impact the efficiency of asset operations [2] - The board believes that this partnership will help the company seize opportunities in the digitalization of cultural tourism, creating sustained value for shareholders [2]

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或 任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Feiyang International Holdings Group Limited 飛 揚 國 際 控 股（ 集 團 ）有 限 公 司 一、合作方基本情況 青島文交中心為具備文化產權交易資質的專業機構，在文化產權交易與數字 化運營方面擁有豐富經驗和資源。本集團作為專注於文旅業務的香港聯合交 易所有限公司主板上市企業，在旅游資源整合與數字化場景應用方面具有顯 著優勢。 二、框架協議主要內容 雙方本著「平等互利、合作共贏」的原則，旨在共同推動文旅資產數字化標準 建設與交易生態發展，重點合作內容包括： （於開曼群島註冊成立之有限公司） （股份代號：1901） 自願公告 戰略合作框架協議 飛 揚 國 際 控 股（ 集 團 ）有 限 公 司（「 本 公 司 」， 連 同 其 附 屬 公 司 統 稱「 本 集 團 」）董 事 （「董事」）會（「董 ...