Core Viewpoint - The strategic partnership between 小黄鸭德盈 (B.Duck) and 浙江哈尔斯真空器皿股份有限公司 (Hars) aims to leverage both companies' strengths in IP operation and manufacturing capabilities to create a new line of trendy cup products, enhancing their market presence and driving growth in the beverage container industry [1][2]. Group 1: Partnership Details - The agreement was signed on February 8, 2026, establishing a comprehensive strategic partnership between B.Duck and Hars [1]. - Hars holds approximately 2.68% of B.Duck's issued share capital, with 27.027 million shares [1]. - A joint venture will be established in mainland China, focusing on co-branded trendy cup products featuring the B.Duck brand and other international IPs [1]. Group 2: Market and Industry Insights - The beverage container industry is experiencing unprecedented growth, with a dual explosion in market size and trend attributes, making it a core category of trendy consumer goods [2]. - The partnership aims to create a collaborative system that integrates "trendy design + flexible manufacturing + comprehensive marketing" to enhance both companies' product offerings and market reach [2]. - The collaboration is expected to shift the industry focus from price competition to value creation, contributing to long-term growth and leadership in the IP-driven consumer goods market [2].