Core Insights - The establishment of a joint venture, Yuxing Entertainment Technology Co., Ltd., between Giant Star Legend and Yushu Technology's subsidiary Lingyi Technology, aims to develop and sell consumer-grade IP robots and derivative products, including pet quadruped robots and performer humanoid robots [1][3]. Group 1: Joint Venture Details - The joint venture will have equal ownership, with both companies holding 50% equity [1]. - Giant Star Legend will focus on IP planning, design, AI interaction, and celebrity IP licensing, while Yushu Technology will handle robot design, production, and technical research and development [3]. Group 2: Strategic Goals - This strategic collaboration is expected to help Giant Star Legend enter the smart robot industry ecosystem, enhancing the technological upgrade of IP value and expanding applications in concert and commercial performances [3]. - The partnership aims to leverage technological innovation and creative content to develop globally influential interactive entertainment smart robot products [3]. Group 3: Company Background - Giant Star Legend, established in 2017, is a Hong Kong main board listed company specializing in IP creation and operation as well as new retail [3]. - The company has developed a significant fan base, with its existing celebrity IP combinations reaching a total of 200 million fans [5].