PENGO HLDG GP (01865) announced that on February 16, 2026, the company signed a letter of intent for a cooperation framework agreement with Guangju Zhongsheng Holding (Hainan) Co., Ltd. Both parties have committed to establishing a comprehensive and long-term partnership, aiming to leverage their respective strengths in resources, capital, market development, and industrial chain assets. The collaboration will cover product development, business advisory services, market promotion, and technological innovation. The partners plan to jointly develop film and television productions based on the domestic animated hero IP "Bajie" and invest in emerging interactive entertainment and digital content sectors. Furthermore, technological integration will advance the application of virtual reality (VR) and augmented reality (AR) technologies to enhance product interactivity and appeal, thereby supporting the company's further growth. The board of directors believes this cooperation aligns with the group's long-term development objectives and business strategy, and it is expected to generate potential profit growth for both sides, ultimately enhancing the overall interests of the company and its shareholders. By utilizing their respective advantages during project development, investment, and operational phases, the parties will adopt a model of mutual resource sharing to facilitate project collaboration.