Changes in Hong Kong stocks | Tianji Holdings (01520) rises 11%, the company accelerates the construction of a global IP cooperation ecosystem, and future performance has room for multiple growth

The Zhitong Finance App learned that Tianji Holdings (01520) rose 11%. As of press release, it had risen 10% to HK$1.1, with a turnover of HK$4.23,600.

According to public information, Tianji Holdings is committed to providing a full cycle of IP ecosystem construction and operation services for various IP holders and brands. In the consumer IP field, the company forms three core businesses around IP commodity transactions: IP digitalization, IP product secondary transactions, and IP ecosystem operation. In August of this year, Tianji Holdings announced the establishment of a joint venture with West Foot Chain Technology to specialize in the Web3.0 model of sports IP economy and new consumer operations, IP categories such as star cards, figure dolls, and equity cards. Furthermore, in the field of industrial IP, the company has established strategic cooperation with the Saudi Ministry of Industry and Mineral Resources to assist Saudi Arabia in advancing the construction of national industrial IP under the “Vision 2030”.

According to Tianji Holdings, the company will soon launch the LaLiga official app to provide members with purchase and exchange services for tickets and peripheral products. Each IP has an inherent fan base, and the company will operate by building a fan community. Blind boxes are only one type of product that can be sold within the community. In addition, they also include benefits such as star meetings and offline experiences. As for the performance growth forecast for the next one to two years, the company's IP business is currently in the early stages of expansion. After the business model is successful, there is potential for rapid replication and scale expansion. Overall, the company believes that there is room for multiple growth in performance.