Core Viewpoint - The company, 小黄鸭德盈 (02250.HK), has entered into a framework agreement for goods supply and related services with 盈森玩具, 盈森服饰, and 意高国际, effective from January 1, 2026, to December 31, 2026, for a duration of one year [1] Group 1 - The agreement includes provisions for the company to facilitate its group members to procure toys and related products, as well as warehousing and logistics services from 盈森玩具 [1] - The company will also procure clothing and related products from 盈森服饰 [1] - Additionally, warehousing services will be sourced from 意高国际, subject to annual limits [1]

Core Viewpoint - Qingdao Port's stock price has shown a slight increase, reflecting positive market sentiment and ongoing growth in its operations [1] Company Overview - Qingdao Port primarily engages in port loading and unloading, warehousing, and logistics services, making it a significant comprehensive port operator in Shandong Province [1] - The company handles various cargo types, including containers, crude oil, iron ore, and coal, while also providing value-added services related to port operations [1] Industry Developments - As of the end of July, Qingdao Port has seen a continuous increase in foreign trade routes, with the addition of 13 container routes, 4 bulk cargo routes, and 5 sea-rail intermodal routes [1] - The total number of foreign trade routes at Qingdao Port has reached 233, connecting to over 700 ports in more than 180 countries and regions [1] Financial Insights - On August 20, the net inflow of main funds was 10.15 million yuan, while the net outflow over the past five days amounted to 42.10 million yuan [1]

Group 1 - The stock price of Beibu Gulf Port reached 8.18 yuan as of August 4, 2025, with an increase of 0.12% compared to the previous trading day [1] - The port's cargo throughput in July 2025 was 30.1661 million tons, representing a year-on-year growth of 11.25%, while the cumulative throughput from January to July was 205 million tons, up by 10.99% [1] - In terms of container business, the port completed 792,300 TEUs in July, showing a year-on-year increase of 7.65% [1] Group 2 - On August 4, 2025, the main capital outflow was 345,400 yuan, with a cumulative net outflow of 48.8331 million yuan over the past five days [1]