Core Viewpoint - Quantum Song, a Nasdaq-listed company, reported its Q3 FY2025 financial results with approximately 571 million yuan in revenue and around 41.14 million yuan in net profit, leading to a 20% surge in stock price, marking its eighth consecutive quarter of profitability and indicating successful expansion into the trendy toy sector [1][4]. Financial Performance - The company achieved approximately 571 million yuan in revenue and around 41.14 million yuan in net profit for Q3 FY2025 [1]. - Sales expenses decreased by 45.8% year-over-year, reflecting a successful shift towards product-driven growth and high-growth markets [4]. Business Expansion - Quantum Song acquired approximately 61% of Shenzhen Yiqi Culture Co., Ltd. (Letsvan), enhancing its business portfolio and laying a solid foundation for rapid growth in the trendy toy sector [4]. - Letsvan's IP "WAKUKU" gained significant popularity on social networks, competing with well-known brands like Pop Mart, achieving over 1 billion exposures for its theme song and ranking high on Tmall's blind box sales list [4]. Strategic Insights - The company emphasizes a "product-first" philosophy, integrating IP and trendy toy operations to enhance overall business performance [5]. - Recent successful marketing activities, such as a pop-up event for WAKUKU in Beijing, increased brand influence and provided valuable experience for further market expansion [5]. Future Outlook - Quantum Song plans to continue deepening its engagement in the trendy toy sector while leveraging its expertise in adult online education to explore new growth opportunities and business areas [5].