Core Viewpoint - Youzan (08083) has submitted an application for a transfer to the main board of the Hong Kong Stock Exchange, which is expected to enhance its valuation if successful [1] Group 1: Stock Performance - Youzan's stock price increased by over 10% in early trading, currently up 9.69% at HKD 0.215, with a trading volume of HKD 15.1325 million [1] Group 2: Corporate Actions - The company submitted a transfer application to the Hong Kong Stock Exchange on October 28, 2025, under the main board listing rules Chapter 9B, without issuing any new shares [1] - Guo Zheng International previously reported that the current valuation of the company is negatively impacted by its listing on the Growth Enterprise Market, and a successful transfer to the main board could improve its valuation in light of positive operating performance [1] Group 3: Strategic Partnerships - Youzan has announced a collaboration with TCL Industries to explore the application of AGI (Artificial General Intelligence) in retail scenarios, aiming to reshape the "people-goods-market" relationship [1] - The company has also formed a strategic partnership with BeBeBus, a leading brand in the maternal and infant sector, to jointly explore the deep application of AGI in maternal and infant consumption scenarios [1]