Bilibili announces cooperation agreement with Jinjiang Original for intellectual property

Published 20/11/2025, 12:26
Bilibili announces cooperation agreement with Jinjiang Original for intellectual property

Bilibili Inc. (NASDAQ:BILI; HKEX:9626) announced Wednesday that it has entered into a comprehensive cooperation framework agreement with Beijing Jinjiang Original Networking Technology Co., Ltd. The agreement, signed the same day, outlines collaboration between Bilibili, its subsidiaries and affiliates, and Jinjiang Original regarding certain intellectual properties.

According to a statement released through a regulatory filing, the agreement allows Bilibili to acquire copyrights of various works, including literature, from Jinjiang Original. The copyrights may be used for purposes such as adaptation, information network dissemination, advertising, and distribution. In return, Bilibili will pay transaction amounts to Jinjiang Original, which may include licensing fees, procurement fees, and profit-sharing payments.

The filing notes that under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, Jinjiang Original is considered a connected person to Bilibili. As a result, the transactions under this agreement are classified as continuing connected transactions.

The announcement was made in accordance with Hong Kong listing requirements and was disclosed in a press release attached to Bilibili’s Form 6-K filed with the Securities and Exchange Commission.

In other recent news, Coca-Cola Europacific Partners has been actively engaged in its share buyback program, reporting the repurchase of 72,183 ordinary shares on U.S. trading venues. The company confirmed that these shares were bought at prices ranging from $89.62 to $91.02, with a volume-weighted average price of $90.54 per share. Additionally, Coca-Cola Europacific Partners conducted a series of share buybacks between November 4 and November 10, 2025, on both U.S. and U.K. trading venues, as part of a program announced earlier in the year aimed at repurchasing up to €1 billion of ordinary shares. All repurchased shares are set to be canceled.

Meanwhile, Magic Software Enterprises announced plans to release its third-quarter financial results on November 18, 2025. The company has not provided further details regarding the announcement format. In other corporate developments, Tribal Rides International Corp. has changed its name to SUPA Consolidated Inc. and appointed new executive leadership. The name change was approved by the board and a majority of shareholders, with all necessary filings completed. The company is awaiting approval from the Financial Industry Regulatory Authority to update its name and ticker symbol.

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