Changes in Hong Kong stocks | Zupa (09890) rose more than 12% in the afternoon, and the subsidiary and COEXIST Group reached a cooperation agreement to jointly develop art derivatives

The Zhitong Finance App learned that Zupan (09890) rose more than 12% in the afternoon. As of press release, it had risen 11.63% to HK$14.4, with a turnover of HK$69.013 million.

According to the news, Zouban recently announced that it has signed a “Cooperation Agreement on the Development of Artist Works” with COEXIST Group and integrates more than 200 top, mid-waist and up-and-coming trendy artists to jointly develop, sell and promote derivatives of works of art. This collaboration marks the Group's deep accumulation in the digital entertainment field to further expand the layout of the trendy game industry, improve the business ecosystem, and open a new chapter of trendy gaming integrating “classic IP+artist IP”.

According to reports, in September of this year, TANWAN signed a licensing agreement with Chengdu Mowankai Culture Communication Co., Ltd. and obtained an exclusive five-year license for the IP derivative of the film “THE GARFIELD MOVIE” (Garfield Family) in Greater China (including mainland China, Hong Kong, Macao and Taiwan) of non-functional trendy three-dimensional objects such as figures, blind boxes, sculptures, building blocks, and plush products.