Pengo Holdings Group Limited Announces Strategic Cooperation Framework with Guangju Zhongsheng Holdings

Date: 16 February 2026

Key Highlights

• Letter of Intent Signed: Pengo Holdings Group Limited (“Pengo Holdings” or “the Company”) has entered into a Letter of Intent on a cooperation framework with Guangju Zhongsheng Holdings (Hainan) Co., Ltd. (“Guangju Zhongsheng”).
• Long-term Strategic Partnership: The agreement sets the stage for a comprehensive and enduring partnership, leveraging both companies’ resources, capital, market development capabilities, and industrial chain resources to pursue joint business objectives.
• Scope of Cooperation: The partnership will span product development, business consultancy services, marketing, and technological innovation. The parties plan to jointly develop film and television works based on the Chinese animation hero IP “Bajie”, invest in emerging interactive entertainment and digital content, and integrate advanced technologies such as virtual reality (VR) and augmented reality (AR).

Details of the Cooperation

The collaboration aims to capitalize on the strengths of both Pengo Holdings and Guangju Zhongsheng in order to expand into new business areas and enhance shareholder value. Specifically, the joint development of film and television works based on the well-known “Bajie” animation IP is expected to tap into the growing demand for cultural and digital content in China and internationally. The integration of VR and AR technologies will further boost product interactivity and market appeal, positioning the Group at the forefront of technological innovation in the entertainment sector.

Beyond content creation, the partnership includes business consultancy services and technological innovation, potentially diversifying Pengo Holdings’ portfolio and opening new revenue streams. Both companies will share resources throughout project development, investment, and operation stages, maximizing synergies and mutual benefits.

Background of Guangju Zhongsheng Holdings

Guangju Zhongsheng is a comprehensive commercial management services enterprise headquartered in Shenzhen, China. The company is active in culture and arts, film and animation, health and wellness, high technology, and the digital economy sectors. Notably, Guangju Zhongsheng is already involved in the distribution of the “Bajie” animation IP series, demonstrating expertise and experience in the cultural arts and animation fields.

Guangju Zhongsheng also provides professional consulting services for enterprises in industrial funds and venture capital incubation, including comprehensive listing and merger & acquisition solutions for financially stable companies. Their experience in capital markets and incubating enterprises for international listings adds significant value to the partnership.

It is important for shareholders to note that, to the best of the Board’s knowledge, Guangju Zhongsheng and its ultimate beneficial owners are independent third parties and are not connected persons of the Group under Hong Kong Stock Exchange regulations.

Potential Impact and Price Sensitivity for Shareholders

• Business Diversification: The collaboration supports Pengo Holdings’ strategy to diversify its business, potentially leading to new revenue streams and profit growth.
• Technological Innovation: The integration of VR and AR technologies into product offerings could enhance competitiveness and attract new market segments.
• IP Development: The focus on the “Bajie” animation IP may result in high-profile content that could elevate the Group’s market presence in entertainment and digital sectors.
• Capital Market Expertise: Guangju Zhongsheng’s experience in listing incubation and M&A could facilitate future fundraising and expansion opportunities for Pengo Holdings.
• Conditionality and Risk: The Framework Agreement is non-binding and subject to the execution of a formal agreement. There is no assurance that the cooperation will be implemented as planned, and investors should exercise caution.

Board Statement and Caution to Investors

The Board of Pengo Holdings believes the cooperation aligns with the Group’s long-term objectives and will enhance shareholder interests. However, since the Framework Agreement is a preliminary arrangement, shareholders and potential investors are advised to exercise caution when dealing in the Company’s securities until a formal agreement is reached.

Board Composition

The Board of Directors consists of Ms. Feng Jiamin (Chairman), Mr. Liu Jianfu, Mr. Michael Shi Guan Wah, Ms. Zhao Jianhong, Mr. Leung Yiu Cho, Mr. Fong Hang Fai, and Mr. Liang Enkai as executive Directors; Mr. Dong Changzhou as non-executive Director; and Mr. Wu Kai Tang, Mr. Shek Jun Chong, Mr. Qiu Yue, and Ms. Tam Wing Yan as independent non-executive Directors.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. The cooperation framework described herein is subject to formal agreement and may not be implemented. Investors should exercise caution and consult their financial advisors before making investment decisions related to Pengo Holdings Group Limited.

View PENGO HLDG GP Historical chart here