Core Viewpoint - The stock of 贪玩 (09890) has seen a significant increase, rising over 7% in the afternoon session and currently trading at 15.17 HKD, with a trading volume of 75.5 million HKD. This surge is attributed to the company's recent share buyback announcements and strategic partnerships in the gaming industry [1]. Group 1: Share Buyback Activity - 贪玩 announced a buyback of 228,200 shares on October 20, totaling 3.13 million HKD [1]. - Since October 14, the company has conducted share buybacks for five consecutive days [1]. - Year-to-date, 贪玩 has completed 30 buyback transactions, acquiring a total of 7.37 million shares for an aggregate amount of 10.2 million HKD [1]. Group 2: Strategic Partnerships - In August, 中旭未来, the parent company of 贪玩, deepened its business collaboration with 杭州天穹互动网络科技有限公司, securing licenses for the classic IPs 《热血传奇》 and 《传奇世界》 [1]. - 贪玩 signed a cooperation agreement with 浙江闲趣互娱网络科技有限公司, a subsidiary of 恺英网络, to officially enter the gaming box section operated by 恺英网络 [1]. - This partnership represents an extension of the long-term collaboration between 中旭未来 (贪玩) and 恺英网络, marking a comprehensive upgrade of the legendary IP ecosystem [1].

Core Viewpoint - The stock of 贪玩 (09890) has seen a significant increase, rising over 7% in the afternoon trading session, with a current price of 15.17 HKD and a trading volume of 75.5 million HKD [1] Company Actions - 贪玩 announced a share buyback of 228,200 shares on October 20, totaling 3.1305 million HKD [1] - Since October 14, 贪玩 has conducted share buybacks for five consecutive days [1] - Year-to-date, 贪玩 has completed 30 buyback transactions, acquiring a total of 7.3672 million shares for a cumulative amount of 10.2 million HKD [1] Business Developments - In August, 中旭未来, the parent company of 贪玩, deepened its business cooperation with 杭州天穹互动网络科技有限公司, securing licenses for the classic IPs 《热血传奇》 and 《传奇世界》 [1] - 贪玩 has signed a cooperation agreement with 浙江闲趣互娱网络科技有限公司, a subsidiary of 恺英网络, to officially enter the gaming box section operated by 恺英网络 [1] - This collaboration represents an extension of the long-term partnership between 中旭未来 (贪玩) and 恺英网络, marking a comprehensive upgrade of the legendary IP ecosystem [1]

Group 1 - Zhongxu Future (Tanwan) has deepened its business cooperation with Hangzhou Tianqiong Interactive Network Technology, obtaining licenses for classic IPs "Blood Legend" and "Legend World" [1] - The partnership with Zhejiang Xianqu Interactive Network Technology, a subsidiary of Kaiying Network, allows Tanwan to officially enter the game box section operated by Xianqu Interactive, creating a "Tanwan Games" star brand area [1] - Tanwan Games, a well-known game distribution platform in China, focuses on the refined operation and innovative promotion of legendary games, successfully launching several hit products and establishing a strong brand influence in the legendary game sector [1] Group 2 - This collaboration represents an extension of the long-term partnership between Zhongxu Future (Tanwan) and Kaiying Network, marking a comprehensive upgrade of the legendary IP ecosystem [2] - The entry of Tanwan Games will provide a more convenient content entry for its large user base and enhance product market penetration through integrated marketing strategies like signing celebrity endorsements [2] - Both companies will share resources and enhance the market presence of legendary IPs through traffic sharing, content co-creation, and ecological construction, aiming to improve user growth and content innovation [2]