TANWAN (09890) Surges Over 9% Again as Company Actively Expands New Ventures with Rich Game Pipeline

Stock News12-09

TANWAN (09890) rose over 9% again, reaching HK$15.7 by the time of writing, with a trading volume of HK$172 million. The company recently announced a deep collaboration with COEXIST Group, signing a five-year "Artist Works Development Cooperation Agreement." This partnership brings together over 200 top-tier, mid-level, and emerging artists to collaborate on the development, sales, and promotion of art-derived products. Additionally, the officially licensed mini-game "Demi-Gods and Semi-Devils 2: Flying Dragon Battle" launched on November 13. Guotai Haitong Securities noted that the company possesses multiple classic game IPs, including "The Legend," "Douluo Continent," and "Mir2," and has been actively expanding into new segments and IPs. Looking ahead, TANWAN has a robust pipeline of products based on IPs such as "The Legend," "MU," "Rejianghu," "Douluo Continent," and Jin Yong's martial arts series, which are expected to drive future performance growth.

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