BLOKS (00325) rose more than 11%, bringing its cumulative gain over two days to over 20%. At the time of writing, the stock was up 11.16% to HK$69.75, with a turnover of HK$147 million. The company reported that for 2025, it achieved revenue of approximately RMB 2.913 billion, a year-on-year increase of 30%. Gross profit reached about RMB 1.364 billion, up 15.7% compared to the previous year. Profit attributable to owners of the parent company was approximately RMB 634 million, marking a turnaround from a loss to a profit. Additionally, BLOKS recently showcased over 300 products across more than 10 series, including Star Edition, Galaxy Edition, Beyond Edition, Legend Edition, Miracle Edition, Nature Collection, and Enchanted Tales, in the "Building Block Vehicles" and "Building Block Figures" categories at the 2026 Thailand Toy Expo. New products from the Saint Seiya and DC series made their debut. Everbright Securities noted that since 2026, BLOKS has made significant progress in IP collaborations, category expansion, and overseas channels. The IP portfolio has been deepened: during the Global Partners Conference in March, the company announced new authorized collaborations with Godzilla, Barbie, Fast & Furious, and Ford, and launched a co-branded product titled "Heroes Unlimited × Havoc in Heaven." The Building Block Vehicle category is being emphasized as the second strategic category, with collaborations planned around the Fast & Furious and Ford IPs. Overseas expansion is accelerating: in April, BLOKS made its first appearance at the Thailand Toy Expo, exhibiting over 300 products from 17 IPs.