Group 1 - Lehua Entertainment's stock increased by 20.30% as of the report date [1] - The "wakuku" product line, under Letsvan, gained market recognition after its launch scheduled for the end of 2024 [1] - The popularity of the new潮玩 (trendy toys) is driven by celebrity endorsements [1] Group 2 - In December 2024, Letsvan and Lehua Entertainment's wholly-owned subsidiary Tianjin Yihua Management Consulting Co., Ltd. established a joint venture named Huaxing Cultural Development Co., Ltd. [1]