Core Insights - Wuhan Customs has seized over 10,000 counterfeit toys in the first ten months of this year, effectively protecting the overseas image of "Chinese design" [1] - The toy export value from Hubei Province reached 5.4 billion yuan, marking an 18.9% year-on-year increase [3] Group 1: Intellectual Property Protection - A total of 10,201 counterfeit toys were seized by Wuhan Customs from January to October, highlighting the ongoing issue of counterfeit products as various trendy toy IPs gain global popularity [1] - Wuhan Customs has established a multi-dimensional protection network using technology to enhance the efficiency of identifying counterfeit goods, including the use of CT scans and smart trademark recognition applications [1] - Training sessions for brand rights holders have been organized to improve customs officers' skills in identifying genuine products, focusing on packaging, labeling, and material craftsmanship [1] Group 2: Support for Local Toy Industry - Wuhan Customs is actively supporting local trendy toys to enter international markets by providing quality certification guidance for educational and digital toys [2] - The customs authority offers comprehensive assistance to enterprises, including legal collaboration and advocacy for intellectual property protection [2]

Group 1: Company Performance and Strategy - The company aims to enhance its performance and stock price by focusing on its core business, optimizing product structure, and expanding sales channels [1] - The goal is to achieve profitability and sustainable development through new business opportunities and profit growth [1][2] Group 2: Battery Project Status - Currently, the battery project has not commenced production, and there are no revenues from battery-related activities [2][3] - Future development of the battery project will depend on market conditions, national policies, and technological advancements [2][3] Group 3: Shareholder Information - As of September 10, 2025, the number of shareholders is 45,210 [2] Group 4: Product Development and Collaborations - The company is focused on producing and selling licensed IP toy products and has no current collaboration with Pop Mart for OEM [3] - There are plans to explore and develop smart toy products in response to market demand and advancements in AI technology [4] Group 5: Legal Matters - The company is actively pursuing rights and claims based on a recent court ruling regarding performance compensation, with some funds already received [4]