Group 1 - The company, 贪玩 (09890), announced a donation of 2 million HKD to support fire rescue and post-disaster reconstruction efforts in the Tai Po District of Hong Kong [1] - The donation is a response to a severe fire incident that posed significant threats to the safety and property of local residents, causing major losses and attracting widespread social attention [1] - The Hong Kong government established the "Tai Po Hong Fuk Court Assistance Fund" to aid affected residents, accepting donations from individuals and private organizations to support recovery efforts [1] Group 2 - The company expressed deep condolences to the victims of the disaster and extended sincere sympathies to the injured, the families of the deceased, and all affected citizens of Hong Kong [1] - The swift response from the company aims to help affected individuals regain confidence in their lives and recover from the disaster [1]

Core Insights - The article highlights the 10th anniversary of Tanwan (贪玩), showcasing its strategic initiatives in "AI + Gaming," "Globalization of IP Products," and "Gaming + Trendy Toys" to build a pan-entertainment ecosystem [1][5][12] Group 1: Company Milestones and Achievements - Tanwan celebrated its 10th anniversary with a grand event in Guangzhou, marking significant milestones from its inception to product launches and international expansion [1] - The company has established itself as a leader in marketing within the gaming industry, creating notable marketing campaigns over the past decade [3] - Tanwan's founder expressed gratitude towards industry partners and employees, emphasizing the importance of collaboration and innovation for future growth [5] Group 2: Strategic Partnerships and Collaborations - On November 27, Tanwan signed a cooperation agreement with COEXIST Group to develop and promote derivative art products with over 200 artists [7] - This partnership signifies Tanwan's expansion into the trendy toy industry, integrating classic IP with artist IP to enhance its business ecosystem [9] Group 3: Product Development and Market Expansion - Tanwan is set to upgrade its trendy toy business strategy by 2025, focusing on the globalization of IP products and the integration of gaming with trendy toys [8] - The company has launched new products, including the plush toy "CASHY BABY" and plans for the crystal-themed trendy toy IP "LILIA ANGEL," building a comprehensive trendy toy IP ecosystem [8] - A licensing agreement with Chengdu Model Coffee Culture Communication Co., Ltd. allows Tanwan to operate derivative products of the "Garfield Movie" IP in Greater China, leveraging its global popularity [8] Group 4: Emotional and Social Engagement Strategies - Tanwan's trendy toy strategy emphasizes "emotional interaction design" and "scene social experience," aiming to transform trendy toys into emotional mediums that enhance daily life [11][12] - The company plans to integrate digital technology with artistic creation to foster deeper emotional connections and interactive experiences for users [11] - Tanwan aims to create a seamless trendy toy ecosystem that integrates into the daily lives of consumers through online and offline collaborations [12] Group 5: Future Vision and Market Positioning - The company is committed to deepening its user-centric IP ecosystem strategy, expanding the breadth and depth of its trendy toy business [12] - By combining the influence of international classic IPs, the artistic value of artist IPs, and its core competencies in digital technology and marketing, Tanwan seeks to provide emotionally resonant and culturally rich IP experiences [12]

Core Insights - The company Tanwan has signed a strategic cooperation agreement with COEXIST Group to develop and promote derivative products based on the works of over 200 artists, marking a significant expansion in the collectible toy industry [1][2][3] Group 1: Strategic Cooperation - The agreement allows COEXIST Group to integrate resources from more than 200 artists, creating a unique IP matrix that combines artistic value with commercial potential [2] - Tanwan will have exclusive rights to develop, design, produce, and sell collectible toys based on the artists' works, including various product types such as sculptures, plush toys, and action figures [2][3] Group 2: Artistic and Commercial Integration - The collaboration aims to establish a new paradigm for "artist IP," providing comprehensive support from market assessment to product development and promotional activities [3] - Tanwan plans to explore further collaboration opportunities with artists and expand partnerships to include its own brands and internationally recognized IPs [3] Group 3: Future Strategy - The company is focused on building a new collectible toy ecosystem centered around the "IP ecosystem strategy," which includes classic IPs and artist IPs as key pillars [4] - The goal is to enhance user engagement and emotional connection through creative and fun collectible toys, ensuring that art becomes a part of daily life [4]

Core Viewpoint - The company, 贪玩 (TANWAN), has signed a strategic cooperation agreement with COEXIST Group to develop and promote derivative products based on the works of over 200 artists, marking a significant expansion in the潮玩 (trendy toy) industry and integrating classic IP with artist IP [1][2][3] Group 1: Strategic Cooperation Agreement - The agreement involves the integration of resources from COEXIST Group, which will sign contracts with over 200 artists to obtain complete authorization for the project, creating a unique IP matrix that combines artistic value with commercial potential [2] - TANWAN will have exclusive rights to develop, design, produce, and sell trendy toy products based on the artists' works, including sculptures, plush toys, and other derivative products [2][3] Group 2: Full-Chain Support and Market Strategy - The cooperation aims to establish a new paradigm for "artist IP," with TANWAN leveraging its expertise in user insights, data analysis, and targeted marketing to support artists from initial creation to product launch [3] - Future collaborations may extend to TANWAN's own brands and internationally recognized classic IPs, enhancing the creative development of IP products [3] Group 3: IP Ecosystem Strategy - The company plans to build a new潮玩 ecosystem centered around an "IP ecosystem strategy," focusing on the integration of classic IP and artist IP, emotional interaction design, and social experience [4] - The brand's mission is to illuminate daily life with creativity and fun, aiming to resonate emotionally with users through trendy toys that serve as mediums for personal expression [4]

Core Viewpoint - The company, 贪玩 (09890.HK), has entered into a strategic cooperation agreement with COEXIST Group to develop and promote derivative products of art works, integrating over 200潮玩 artists, marking a significant expansion in the潮玩 industry [1] Group 1 - The strategic cooperation agreement is signed between the company's wholly-owned subsidiary, 广州粒粒呀文化娱乐有限公司 (TANWAN), and COEXIST Group, which includes COEXIST CO., LIMITED and 深圳市共艺斯文化有限公司 [1] - The collaboration will last for five years, from November 27, 2025, to November 26, 2030 [1] - This partnership aims to leverage the company's strong foundation in digital entertainment to enhance its潮玩 industry layout and business ecosystem [1] Group 2 - The initiative will focus on the integration of "classic IP + artist IP," creating a new chapter in the潮玩 sector [1] - The collaboration involves the development, sales, and promotion of art derivative products, showcasing a commitment to innovation in the潮玩 market [1]

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，並表明概不就因本公告全部或任何部分內容而產生或因依賴 該等內容而引致的任何損失承擔任何責任。 Tanwan Inc. （ 於 開 曼 群 島 貪玩 註 冊 成 立 的 有 限 公 司 ） （股份代號：9890） 自願公告 簽訂藝術家作品開發合作協定 本公告由貪玩（「本公司」，連同其附屬公司及中國經營實體1 ，統稱為「本集團」） 作出之自願公告，使其股東及潛在投資者知悉本集團之最新發展。 本公司欣然宣佈，於2025年11月27日，本集團專注於潮玩業務的全資附屬公司 廣州粒粒呀文化娛樂有限公司（「TANWAN」）與COEXIST CO., LIMITED（共凝文 化集團有限公司）及深圳市共藝斯文化有限公司（兩家公司合稱「COEXIST集 團」）簽訂戰略合作協議《藝術家作品開發合作協定》（「戰略合作協議」），整合 逾二百名潮玩藝術家（「藝術家」），共同開展藝術作品的衍生品開發、銷售及推 廣活動。合作期限（「合作期限」）為五年，自2025年11月27日至2030年11月26日。 此次合作標誌著本集團依託自身在 ...

Core Insights - The latest shareholder equity disclosures for Zhongxu Future (09890) and Kelun-Biotech (06990) were made on November 10, 2025 [1] Group 1: Zhongxu Future (09890) - Wu Xubo maintained his holdings at 277 million shares, representing 51.92% of total shares, unchanged from the previous disclosure [2] Group 2: Kelun-Biotech (06990) - Ge Junyou's holdings decreased slightly from 2.25 million shares to 2.2473 million shares, now representing 1.38% of total shares [2] - Liu Gexin's holdings also saw a minor reduction from 92.3455 million shares to 92.2751 million shares, now accounting for 56.69% of total shares [2]

Core Insights - The article discusses the recent performance and strategic direction of the gaming company 贪玩游戏, highlighting its growth trajectory and market positioning [1] Group 1: Financial Performance - The company reported a revenue increase of 25% year-over-year, reaching 1.25 billion in the last quarter [1] - Net profit margins improved to 15%, up from 10% in the previous year, indicating enhanced operational efficiency [1] Group 2: Market Positioning - 贪玩游戏 has expanded its market share by 5%, now holding a total of 30% in the mobile gaming sector [1] - The company is focusing on developing new game titles that cater to emerging trends, particularly in the AR and VR segments [1] Group 3: Strategic Initiatives - The company plans to invest 200 million in research and development over the next two years to innovate its gaming offerings [1] - Partnerships with leading tech firms are being pursued to enhance the gaming experience and integrate advanced technologies [1]

Group 1 - The company, 贪玩 (09890), announced a share buyback on November 7, 2025, spending HKD 331,100 to repurchase 23,000 shares [1] - The buyback price ranged from HKD 14.36 to HKD 14.45 per share [1]

Core Viewpoint - The company 贪玩 (09890) announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Group 1 - The company will repurchase 23,000 shares at a total cost of HKD 331,100 [1] - The buyback price per share ranges from HKD 14.36 to HKD 14.45 [1]