Core Viewpoint - The strategic cooperation between Xiaoyu Yingtong and Guangzhou Huasheng aims to create a long-term alliance focused on integrating short drama content with social networking and e-commerce, leveraging each other's strengths to build a digital innovation ecosystem [1][2]. Group 1: Strategic Cooperation Details - The agreement was signed on November 6, 2025, and emphasizes "complementary advantages, resource sharing, and win-win cooperation" [1]. - The partnership will focus on integrating resources, channel expansion, and commercialization capabilities to develop a "short drama + social + consumption" digital ecosystem [1]. Group 2: Market Potential and User Base - Guangzhou Huasheng's "Huasheng Diary" app has over 100 million registered users, supported by 200,000 active communities and 100,000 promoters, providing a vast social user network [2]. - The collaboration is expected to enhance the reach of short drama content within social networks and explore new forms of content dissemination and e-commerce conversion [2]. Group 3: Strategic Significance - The board believes that this cooperation will leverage the company's core competitive advantages in decentralized short drama ecosystem construction and SaaS copyright management [2]. - The partnership is anticipated to significantly improve the precision of content distribution and commercial conversion efficiency, broadening revenue sources and enhancing the sustainability of the short drama business [2].

Core Viewpoint - The strategic cooperation agreement between Xiaoyu Yingtong and Guangzhou Peanuts aims to create a long-term alliance focused on integrating short dramas with social networking and e-commerce, leveraging both companies' strengths to build a digital innovation ecosystem [1][2]. Group 1: Strategic Cooperation - The agreement was signed on November 6, 2025, and emphasizes the principles of "complementary advantages, resource sharing, and win-win cooperation" [1]. - The partnership will integrate resources, channel expansion, and commercialization capabilities to develop a "short drama + social + consumption" digital ecosystem [1][2]. Group 2: Market Potential - Guangzhou Peanuts' app, Huasheng Diary, has over 100 million registered users, including 200,000 active communities and 100,000 promoters, providing a vast social user network [2]. - The collaboration is expected to enhance the reach of short drama content within social networks and explore new forms of content dissemination and e-commerce conversion [2]. Group 3: Business Development - The company has established short drama as a core strategic business and is investing in content development, technological innovation, channel expansion, and commercialization [1]. - The partnership is anticipated to significantly improve the precision of content distribution and commercial conversion efficiency, thereby broadening revenue sources and enhancing the sustainability of the short drama business [2].

Core Viewpoint - The company has entered into a strategic cooperation agreement with Guangzhou Peanut Network Technology Co., Ltd. to form a long-term strategic alliance focused on integrating resources and capabilities in the digital content and social interaction space [1] Group 1: Strategic Partnership - The agreement was signed on November 6, 2025, establishing a formal partnership between the company and Guangzhou Peanut [1] - The partnership aims to leverage complementary advantages and share resources for mutual benefit [1] Group 2: Digital Innovation Ecosystem - The collaboration will focus on creating a "short drama + social + consumption" digital innovation ecosystem [1] - The goal is to integrate short drama digital content with social traffic, outlining a grand vision for future development [1]