Lok Wah Entertainment (02306) surged more than 13%. As of press release, it rose 13.33% to HK$1.02, with a turnover of HK$9.52 million.
The Zhitong Finance App learned that Lehua Entertainment (02306) surged more than 13%. As of press release, it had risen 13.33% to HK$1.02, with a turnover of HK$9.52 million.
According to the news, Lehua Entertainment recently announced that on February 23, 2024, the company signed a strategic cooperation agreement with Beijing Yuanlong Yatu Culture Communication Co., Ltd. (Yuanlong Yatu).
According to the strategic cooperation agreement, Yuanlong Yatu and the Group will carry out diversified cooperation involving (including) IP and IP derivatives development cooperation, sales and marketing channel cooperation, IP and brand management and advertising and marketing cooperation, and cooperation related to the development of metaverse digital products and services.
The announcement stated that the strategic cooperation agreement provides a valuable opportunity for both parties to use their respective resources and expertise to achieve mutual benefit and win-win results and create synergy effects for each other. Therefore, the Board of Directors believes that the conclusion of a strategic cooperation agreement is in the overall interests of the company and its shareholders.