On January 8, Gelonghui reported that Shifeng Cultural Development (002862.SZ) stated in its investor relations that it has obtained legitimate licenses for several popular IPs, including international IP Pokémon, game IP Egg Party, mobile game IP Hungry Snake Battle, animation IP Super Wings, domestic animation IP Milk Dragon, emoji IP Little Liu Duck, Magic Pig, Cute Er, and Cute Baby, and has developed many hot-selling IP toys. In the future, the company will continue to keep pace with the trends of the times, promote the expansion of the IP landscape, cooperate with more excellent IPs, and create a unique design style based on the attributes of each IP to meet the diverse aesthetic needs of consumers of different age groups.