Core Viewpoint - HuTongDa Network (09878) has seen a significant stock price increase following the announcement of a strategic partnership with Hunan snack chain brand "Snack Preferred" to establish a joint venture for exclusive operations in the snack retail sector [1] Group 1: Company Developments - HuTongDa Network's stock rose nearly 12% during trading, closing up 8.45% at HKD 7.7, with a trading volume of HKD 3.5469 million [1] - The strategic cooperation agreement aims to integrate resources and accelerate the development of the snack and hard discount retail markets, positioning "Snack Preferred" as a leading retail chain brand [1] - The partnership will leverage HuTongDa Network's capabilities in four key areas: platformization, ecological integration, capitalization, and AI empowerment for "Snack Preferred" [1] Group 2: Recent Acquisitions and Brand Launches - Earlier in February, HuTongDa Network completed the acquisition of a 25% stake in JinTongLing (300091.SZ), advancing its "integrated production and sales" strategy [1] - In March, HuTongDa Network showcased its integrated production and sales brand, the century-old French appliance brand THOMSON air conditioning, at AWE 2026, gaining significant attention due to its strong brand heritage and innovative capabilities [1]