Summary of Key Points Core Viewpoint - The company has been actively repurchasing its shares, indicating a strategy to support its stock price amidst recent declines [1][2]. Share Buyback Activity - On September 9, the company repurchased 239,800 shares at a price range of HKD 14.880 to HKD 15.290, totaling HKD 3.6139 million [1]. - The stock closed at HKD 14.920 on the same day, reflecting a 0.47% increase, with a total trading volume of HKD 83.449 million [1]. - Since August 29, the company has conducted share buybacks for eight consecutive days, acquiring a total of 3.7228 million shares for a cumulative amount of HKD 56.2197 million, despite a 3.12% decline in the stock price during this period [1]. Year-to-Date Buyback Summary - Year-to-date, the company has executed 24 buybacks, acquiring a total of 5.9092 million shares for a total expenditure of HKD 81.5467 million [2]. - The detailed buyback data shows varying amounts and prices, with the highest buyback price recorded at HKD 15.700 and the lowest at HKD 9.710 [2].

Core Viewpoint - The company has signed an exclusive licensing agreement for the Garfield IP, marking a significant breakthrough in its IP ecosystem strategy and aiming to leverage the global popularity of Garfield to penetrate the collectible toy market and enhance brand visibility [1][2][3] Group 1: Licensing Agreement - The company’s subsidiary, Guangzhou Liliya Culture Entertainment Co., Ltd., has entered into a licensing agreement with Chengdu Mowang Coffee Cultural Communication Co., Ltd. for the Garfield IP in Greater China [1] - The licensing agreement allows for the development and sale of various non-functional collectible toys, including figures, blind boxes, sculptures, and plush products, with a license period from September 1, 2025, to May 17, 2030 [1][2] - Chengdu Mowang Coffee will collaborate with the company to develop an IP ecosystem community around Garfield [1] Group 2: Market Potential - The Garfield IP, created by Jim Davis in 1978, has over 300 million fans globally and has generated over $10 billion in market value [2] - The upcoming animated film "THE GARFIELD MOVIE" is set to be released globally in the summer of 2024, which is expected to further enhance the IP's visibility and market reach [2] Group 3: Strategic Development - The company aims to build a comprehensive product line that diversifies revenue sources and enhances its core competitiveness in digital entertainment through innovative forms of collaboration [3][4] - The strategic focus is on an "IP ecosystem strategy" that emphasizes creativity and fun, with plans to expand its collectible toy offerings and integrate them with gaming [3] - The company has been involved in the collectible toy market since 2021 and is planning a strategic upgrade in 2025, including launching new products and expanding its IP ecosystem [3] Group 4: User Engagement and Experience - The company plans to create a "virtual-physical" linkage IP value system that transforms game characters and cultural symbols into collectible products, extending the IP's lifecycle and creating an ecological loop across different media and consumption scenarios [4] - The strategy aims to enhance user engagement by connecting virtual experiences with physical consumption, ultimately achieving synergistic growth between gaming and collectible toy businesses [4]

Core Viewpoint - The company has secured exclusive licensing rights for the Garfield family IP in Greater China, marking a significant breakthrough in its IP ecosystem strategy [2][3]. Group 1: Licensing Agreement - The company’s subsidiary, Guangzhou Liliya Cultural Entertainment Co., Ltd., has signed an exclusive licensing agreement with Chengdu Mowangka Cultural Communication Co., Ltd. for the Garfield family IP [1]. - The licensing agreement allows the company to develop and sell various non-functional collectible products, including figurines, blind boxes, sculptures, and plush toys, from September 1, 2025, to May 17, 2030 [1][2]. - Chengdu Mowangka will collaborate with the company to develop and operate the Garfield family IP ecosystem [1]. Group 2: IP Background and Market Potential - The Garfield family IP, created by Jim Davis in 1978, has over 300 million fans globally and has generated over $10 billion in market value [2]. - The animated film "The Garfield Movie" is set to be released globally in the summer of 2024, which will further enhance the IP's visibility and market potential [2]. Group 3: Strategic Development - The company aims to build a complete product line that diversifies revenue sources and enhances its core competitiveness in the digital entertainment sector [3]. - The strategic focus is on an "IP ecosystem strategy" that emphasizes creativity and fun, with plans to expand its presence in the collectible toy market [3][4]. - The company has been involved in the collectible toy market since 2021 and is planning a strategic upgrade in 2025, including launching new products and expanding its IP portfolio [3]. Group 4: Future Directions - The company plans to create a virtual-physical IP value-added system that transforms game characters and cultural symbols into collectible products, extending the IP's lifecycle [4]. - The goal is to enhance user experience and interaction by linking virtual engagement with physical consumption, ultimately achieving synergistic growth between gaming and collectible toy businesses [4].

Core Viewpoint - The company 贪玩 (09890.HK) has signed an IP licensing agreement for the GARFIELD Family with 成都模玩咖, positioning itself as the exclusive licensee for related merchandise in Greater China from September 1, 2025, to May 17, 2030 [1] Group 1 - The agreement allows the company to develop and sell various non-functional collectible products, including figurines, blind boxes, sculptures, building blocks, and plush toys [1] - 成都模玩咖 will collaborate with the company to develop and operate the GARFIELD Family IP ecosystem community [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. 貪玩 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （前稱ZX Inc. 中旭未來） （股份代號：9890） 自願公告 關於簽訂加菲貓家族IP獨家發行運營的 授權許可協議 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，本集團全資附屬公司廣州粒粒呀文化娛樂有限公司（「粒粒呀」） 與成都模玩咖文化傳播有限公司（「成都模玩咖」）已簽訂《GARFIELD Family（加 菲貓家族）IP授權許可協議》（「授權許可協議」）。按授權許可協議約定，作為 影片「THE GARFIELD MOVIE」（加菲貓家族）的影片IP（「加菲貓家族IP」）衍生品 大中華區（包括中國大陸及港澳台地區）的獨家總授權商，成都模玩咖將授予 粒粒呀包括手辦、盲盒、雕塑、積木、毛絨產品等非功能性潮玩 ...

Core Viewpoint - The company, 贪玩 (09890.HK), announced a share buyback on September 9, involving an expenditure of HKD 3.6139 million to repurchase 239,800 shares at a price range of HKD 14.88 to 15.29 per share [1] Summary by Relevant Sections - **Share Buyback Details** - The company repurchased 239,800 shares at a total cost of HKD 3.6139 million [1] - The buyback price per share ranged from HKD 14.88 to 15.29 [1]

如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 贪玩（於開曼群島注冊成立的有限公司） 呈交日期： 2025年9月9日 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 09890 | 說明 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | 庫存股份變動 | | | | 事件 | | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有已發 行股 ...

（文章来源：证券时报网） 今年以来该股累计进行23次回购，合计回购566.94万股，累计回购金额7793.28万港元。（数据宝） 贪玩回购明细 | 日期 | 回购股数（万股） | 回购最高价（港元） | 回购最低价（港元） | 回购金额（万港元） | | --- | --- | --- | --- | --- | | 2025.09.08 | 50.84 | 15.470 | 14.820 | 765.97 | | 2025.09.05 | 23.26 | 15.700 | 15.050 | 355.72 | | 2025.09.04 | 20.00 | 15.180 | 14.740 | 300.95 | | 2025.09.03 | 40.00 | 15.500 | 14.620 | 601.97 | | 2025.09.02 | 90.72 | 15.460 | 14.860 | 1371.33 | | 2025.09.01 | 57.06 | 15.460 | 14.910 | 864.38 | | 2025.08.29 | 66.42 | 15.400 | 14.800 | 1000.26 | | ...

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 spend HKD 7.6597 million to repurchase 508,400 shares [1] - The buyback price per share ranges from HKD 14.82 to HKD 15.47 [1]

Group 1 - The company, 贪玩 (09890.HK), announced a share buyback on September 8, 2023, spending HKD 7.66 million to repurchase 508,000 shares [1]