Core Viewpoint - The company has entered into a non-binding memorandum of understanding with Gansu Performing Arts Group to establish a joint venture for the global performance and promotion of the stage play "Lively Dunhuang • Marvelous Sound" [1] Group 1: Joint Venture Details - The joint venture will be established contingent upon Gansu Performing Arts Group obtaining the legal authorization and project plan for the stage play [1] - The investment in the joint venture will be no less than 20 million Hong Kong dollars [1] Group 2: Strategic Importance - The collaboration with Gansu Performing Arts Group is seen as a strategic move to expand the company's film division and enhance its development in the Chinese market [1] - Partnering with a state-owned enterprise will significantly accelerate market expansion due to access to a vast and well-established local business network [1] - Establishing a relationship with a reputable state-owned enterprise will enhance the company's standing and legitimacy among local clients and business partners [1]