Group 1 - The core viewpoint of the articles highlights the growth in revenue for 应星控股 (01440), which reached 289 million yuan, representing a year-on-year increase of 5.6%, primarily driven by the footwear business segment [1] - The footwear segment accounted for approximately 86.2% of total revenue, up from 85.7% in the previous period, indicating a strong demand for new customer orders [1] - The company is strategically reallocating resources to reduce further investment in lace manufacturing and dyeing businesses, aligning with market demand trends and enhancing competitive positioning [1] Group 2 - To mitigate the impact of tariff fluctuations, the company is developing its intellectual property (IP) product business to seize opportunities in the domestic consumer market [2] - The company is in discussions with several well-known IP holders to establish long-term partnerships, aiming to enhance product differentiation and brand value [2] - The opening of the "CR7® LIFE Hong Kong Museum" on July 7, 2025, as a world-class sports culture landmark, is expected to contribute significantly to Hong Kong's sports tourism and cultural industry [2]