YOUZAN (08083) rose more than 10% in early trading, gaining 9.69% to HK$0.215 by the time of writing, with a turnover of HK$15.13 million. The company announced that it had submitted an application on October 28, 2025, to transfer its listing from the GEM to the Main Board under Chapter 9B of the Main Board Listing Rules. The transfer will not involve the issuance of any new shares. Analysts noted that the company's current GEM listing has weighed on its valuation, and a successful transfer to the Main Board, coupled with improving operational performance, could enhance its valuation. Separately, YOUZAN recently partnered with TCL Industries to explore the application of AGI in retail scenarios and reconstruct the "people-goods-scene" relationship. Additionally, the company entered a strategic collaboration with premium maternal and infant brand BeBeBus to deepen AGI (Artificial General Intelligence) applications in maternal and child consumption scenarios.