Major Events - Hong Kong Stock Exchange (00388) plans to make a strategic investment in Xunqing Settlement Holdings Limited [1] - Lai Kai Pharmaceutical-B (02105) signs an exclusive licensing agreement with Qilu Pharmaceutical for LAE 002 (AFURESERTIB) in China [1] - TECHSTARACQ-Z (07855) is expected to inherit the company Tuda Tong's listing on the main board of the Stock Exchange on December 10 [1] - Superstar Legend (06683) intends to establish a joint venture with Yushu Technology to develop consumer-grade IP robots and IP derivative products [1] - Beijing Enterprises Holdings (00392) plans to acquire 100% equity of Beijing Beiran Special Equipment Inspection and Testing Co., Ltd. for 54.6 million yuan [1] - CSPC Pharmaceutical Group (01093) has its application for the marketing of Pertuzumab Injection accepted by the National Medical Products Administration [1] - Rongli Construction (09639) plans to collaborate with CATL to develop efficient energy storage systems and solutions [1] Operating Performance - BeiGene (06160) reports a net profit attributable to shareholders of 1.139 billion yuan for the first three quarters, turning from loss to profit year-on-year [1] - Tencent Music-SW (01698) reports a net profit attributable to equity holders of 2.15 billion yuan in the third quarter, a year-on-year increase of 36.0% [1] - Zhou Li Fu (06168) sees a 32% year-on-year increase in e-commerce revenue for the first ten months, with net profit rising 71% year-on-year [1] - China Resources Land (01109) reports a cumulative contract sales amount of approximately 169.6 billion yuan for the first ten months, a year-on-year decrease of 16.6% [1]

Core Viewpoint - The collaboration between Giant Legend (06683.HK) and Yushu Technology has advanced with the establishment of a joint venture, Yuxing Entertainment Technology Co., Ltd, focusing on consumer-grade IP robots and derivative products [1][2]. Group 1: Joint Venture Details - The joint venture will be co-owned by Giant Legend's subsidiary Xingchuangyi (Kunshan) and Yushu Technology's subsidiary, with each holding 50% equity [1]. - The joint venture aims to develop, operate, promote, and sell IP robots and related products based on both companies' IP resources [1]. Group 2: Financial Impact and Stock Performance - Following the announcement, Giant Legend's stock surged over 18%, reaching a price of 9.94 HKD per share, with a total market capitalization of approximately 8.9 billion HKD [2]. - The company has not disclosed specific investment amounts related to the joint venture [2]. Group 3: Recent Orders and Collaborations - Giant Legend secured two orders for quadruped robots, including a contract with Adata Technology for 1,000 units valued at over 20 million RMB and another with Cloud Factory for 5,000 units exceeding 100 million RMB [3]. - The company has also invested in Galaxy Company, acquiring up to 7% of its issued share capital, aiming for collaboration in various fields including global tours and IP development [3]. Group 4: Financial Performance - For the first half of the year, Giant Legend reported revenues of 354 million RMB, a year-on-year increase of 33%, while net profit decreased by 68.3% to 8.07 million RMB [4].

Group 1 - The core point of the news is that Giant Star Legend announced the establishment of a joint venture, Yuxing Entertainment Technology Co., Ltd., in collaboration with Beijing Lingyi Technology Co., Ltd. [1] - The joint venture will focus on the development, operation, promotion, and sales of consumer-level IP robots and related derivative products, with both parties holding 50% equity in the new company [1]. Group 2 - Following the announcement, Giant Star Legend's stock price surged over 20% after experiencing a decline for six consecutive trading days [2].

Core Viewpoint - The company announced the establishment of a joint venture, Yuxing Entertainment Technology Co., Ltd., in collaboration with Beijing Lingyi Technology Co., Ltd., focusing on consumer-level IP robots and related derivative products [2] Group 1 - The joint venture agreement was signed on November 11, involving the company's wholly-owned subsidiary, Xing Chuang Yi (Kunshan) Cultural Entertainment Co., Ltd., and Lingyi Technology's wholly-owned subsidiary [2] - Both parties will hold a 50% equity stake in the joint venture, indicating a balanced partnership [2] - The primary responsibilities of the joint venture will include the creation, development, operation, promotion, and sales of consumer-level IP robots and derivative products [2]

Core Viewpoint - The announcement by Giant Star Legend regarding the establishment of a joint venture with Beijing Lingyi Technology highlights a strategic move into the consumer-grade IP robotics and derivative products market [1] Group 1: Joint Venture Details - Giant Star Legend's wholly-owned subsidiary, Xing Chuang Yi (Kunshan) Cultural Co., Ltd., and Beijing Lingyi Technology Co., Ltd. have signed a joint venture agreement [1] - The newly formed company, Yuxing Entertainment Technology Co., Ltd., will be equally owned by both parties, with each holding 50% equity [1] Group 2: Business Focus - The joint venture aims to focus on the creation, development, operation, promotion, and sales of consumer-grade IP robots and related derivative products [1]

Core Viewpoint - The company announced the establishment of a joint venture, Yuxing Entertainment Technology Co., Ltd., in collaboration with Beijing Lingyi Technology Co., Ltd., focusing on consumer-level IP robots and related products [1] Group 1 - The joint venture agreement was signed between Star Creation (Kunshan) Entertainment Co., Ltd. and Beijing Lingyi Technology Co., Ltd. [1] - Both parties will hold a 50% equity stake in the joint venture [1] - The primary responsibilities of the joint venture will include the creation, development, operation, promotion, and sales of consumer-level IP robots and derivative products [1]