Group 1 - The film "Zootopia 2" has gained significant popularity since its release, with the capital market showing high interest in the film [1] - Shifeng Culture (002862) has successfully obtained the official licensing rights for the Zootopia IP this year, and related trendy toy products are in the development stage, expected to launch in the market next year [1] - The company aims to deeply explore the core characteristics and emotional value of the Zootopia IP, aligning with consumer demand and market trends to create high-quality products that are competitive and recognizable [1] Group 2 - As of December 10, the domestic box office for "Zootopia 2" reached 3.13 billion yuan, ranking among the top three in China's annual box office and becoming the highest-grossing imported animated film [1] - The global box office for "Zootopia 2" reached $938 million, making it the fourth highest-grossing film globally this year, with China being the largest single market [2] - Shifeng Culture has built a diverse IP matrix covering various fields, including top international IPs like Pokémon and Disney's Frozen, Toy Story, Zootopia, and Monsters University, as well as domestic animation IPs [2]