Group 1 - The company has entered into a licensing agreement with NetflixCPX, LLC to use the intellectual property of the "Stranger Things" series (seasons 1 to 5) until the end of September 2026 [1] - The subsidiary is authorized to design, manufacture, promote, market, distribute, and sell various products, including clothing, accessories, pet-related products, and home decor, in Hong Kong and Macau, subject to prior written approval from the licensor [1] - The company will pay minimum guarantees and royalties to the licensor based on wholesale and retail sales net revenue [1] Group 2 - The board believes this collaboration provides valuable opportunities to establish a strategic partnership with a reputable and globally recognized streaming platform [2] - The partnership is expected to enhance the company's corporate image, improve its market position, and promote business expansion in the intellectual property sector [2] - This collaboration has the potential to generate additional returns over time, aligning with the overall interests of the company and its shareholders [2] Group 3 - The global video streaming market is projected to reach $129.26 billion in 2024 and is expected to grow to $416.8 billion by 2030, with a compound annual growth rate (CAGR) of 21.5% from 2025 to 2030 [1] - The television and film merchandise market is estimated to increase by $137.4 billion from 2024 to 2029, driven significantly by the rise of e-commerce platforms, with a CAGR of 11.2% [1]

Core Viewpoint - The company has entered into a licensing agreement with Netflix to utilize the intellectual property of the "Stranger Things" series, which is expected to enhance its market position and business expansion in the intellectual property sector [1][2] Group 1: Licensing Agreement Details - The agreement grants the company's wholly-owned subsidiary a non-exclusive license to use the intellectual property until the end of September 2026 [1] - The subsidiary is authorized to design, manufacture, promote, market, distribute, and sell various products, including clothing, accessories, pet-related products, and home decor, subject to prior written approval from the licensor [1] - The subsidiary will pay minimum guarantees and royalties to the licensor based on wholesale and retail sales net revenue [1] Group 2: Market Potential - The global video streaming market is projected to grow from $129.26 billion in 2024 to $416.80 billion by 2030, with a compound annual growth rate (CAGR) of 21.5% from 2025 to 2030 [1] - The television and movie merchandise market is expected to increase by $137.4 billion from 2024 to 2029, driven significantly by the rise of e-commerce platforms, with a CAGR of 11.2% [1] Group 3: Strategic Importance - The board believes that this collaboration provides valuable opportunities to establish a strategic partnership with a reputable and globally recognized streaming platform [2] - The partnership is anticipated to enhance the company's corporate image and market position, while also promoting business expansion in the intellectual property field [2] - The collaboration has the potential to generate additional returns over time, aligning with the overall interests of the company and its shareholders [2]

Group 1 - The company has entered into a licensing agreement with Netflix CPX, LLC to use the intellectual property of the "Stranger Things" series (seasons 1 to 5) until the end of September 2026 [1] - The agreement allows the company to design, manufacture, promote, market, distribute, and sell various products, including clothing, accessories, pet-related products, and home decor, in Hong Kong and Macau, subject to prior written approval from the licensor [1] - The company will pay minimum guarantees and royalties to the licensor based on net sales from wholesale and retail [1] Group 2 - The board believes this collaboration provides valuable opportunities to establish a strategic partnership with a reputable and globally recognized streaming platform [2] - The partnership is expected to enhance the company's corporate image, improve its market position, and promote business expansion in the intellectual property sector [2] - This collaboration has the potential to generate additional returns over time, aligning with the overall interests of the company and its shareholders [2] Group 3 - The global video streaming market is projected to reach USD 129.26 billion in 2024 and is expected to grow to USD 416.80 billion by 2030, with a compound annual growth rate (CAGR) of 21.5% from 2025 to 2030 [1] - The television and movie merchandise market is estimated to increase by USD 137.4 billion from 2024 to 2029, driven significantly by the rise of e-commerce platforms, with a CAGR of 11.2% [1]