SUNSHINE OIL (02012) opened sharply higher, gaining over 10%. At the time of writing, the stock rose 10.64% to HKD 0.52, with a turnover of HKD 253,800.

The surge follows the company's announcement on December 10, 2025, that it has entered into a brand licensing agreement with Swissdigital Europe GmbH (Swissdigital) as the licensor. Under the agreement, Swissdigital grants SUNSHINE OIL exclusive rights to use Swissdigital Design and related trademarks for selling smart heat pump air conditioning products across 26 European countries.

Swissdigital Design is a globally recognized leader in smart luggage, integrating Swiss-original designs with AI and IoT technologies. Its product lineup includes smart luggage, wearables, audio devices, power banks, and trackers. The brand has been awarded "Best Smart Backpacks Brand – USA" and holds core patents in the U.S. smart luggage market.

This licensing deal enables SUNSHINE OIL to diversify its business and establish a presence in the smart heat pump industry while boosting revenue through exclusive sales of Swissdigital-branded smart heat pump AC products in the designated regions.