Core Viewpoint - Tianji Holdings (01520) demonstrates confidence in its long-term value and growth prospects through a share buyback and strategic investment, while also addressing structural challenges in its business model [1][5]. Group 1: Share Buyback and Strategic Investment - Tianji Holdings announced a share buyback of 2.898 million shares for HKD 4.4867 million, reflecting management's confidence in the company's future [1]. - The company signed a subscription agreement with GEM for a strategic investment of up to HKD 225 million, indicating recognition from professional investors regarding its strategic layout and growth potential [1]. Group 2: Structural Challenges - The company faces structural challenges, including high concentration of IP revenue in competitive sectors like trendy toys and games, and a lack of liquidity and value extension in traditional digital rights models [1]. - The scale of the derivative IP business is relatively small, leading to weaker risk resistance and a need for a breakthrough in the business model [1]. Group 3: Strategic Response - To address these challenges, Tianji Holdings plans to integrate AI and Web3 technologies, focusing on three main sectors: gaming, cultural tourism, and sports [1]. - The company aims to build a multi-layered and diversified IP matrix by actively introducing IP resources across different life cycles to enhance overall business resilience [1]. Group 4: New Business Initiatives - Tianji Holdings will expand from trendy toys and gaming IP to sports IP, starting with internationally recognized sports IP like La Liga, and gradually diversifying its IP types [2]. - The company plans to leverage its existing apparel business to develop a comprehensive fan economy, launching various IP co-branded apparel and collectible products to enhance IP monetization [2]. Group 5: Digital and Offline Engagement - In digital business, Tianji Holdings will utilize Web3 technology to create virtual rights and digital experiences, enhancing user engagement through exclusive digital content and interactive systems [2]. - The company will also develop offline experiences through IP-themed pop-up stores and community events to deepen emotional connections with users and enhance brand influence [2]. Group 6: Supply Chain and Operational Efficiency - AI and Web3 technologies will improve supply chain traceability and transparency, optimize operational efficiency, and enhance brand cohesion [3]. - The company plans to establish a credible digital ecosystem for its IP new consumption system, integrating supply chain management with ERP and WMS systems [3]. Group 7: Financial Management - Tianji Holdings intends to transfer part of its historical debt for HKD 11.3997 million to clean up legacy assets and improve asset quality [4]. - The company is focused on optimizing its business structure and accelerating the development of new businesses, aiming for a comprehensive optimization by Q4 of this year [5].
斥资448万港元回购，天机控股(01520)如何借Web3+AI撬动新增长曲线？