Ping An Biomedical shares surge 68.0% after-hours after securing strategic investments from 58 Group, Amiba Capital, and Magcloud Group leaders.

think> Okay, let's tackle this step by step. The user wants me to act as a financial analyst explaining Ping An Biomedical's stock price movement based on recent news. The stock went up 68% after hours. I need to check the provided news events to see which ones are relevant and caused this surge. First, looking at the news events. There are six reasons listed. Let me go through each one. Reason 1: Ping An Biomedical received strategic investments from prominent figures like Yao Jinbo, Wang Donghui, and Li Daxue. The article mentions this strengthens their R&D and innovation. This seems positive. The names involved are well-known in tech and finance, so their investment likely boosts investor confidence. Reason 2: A previous news where Ping An Biomedical's stock plunged 31% after announcing a $90M investment in Future Biotechnology Group. But this is a past event (from a previous date), and the current movement is after hours. However, the user provided both this and Reason 3, which is the same investment but a different date. Maybe there's a mix-up here. The current news is about the same investment but the stock movement is up, so maybe the recent announcement (Reason 3) is the correct one. The plunge mentioned in Reason 2 might be from a different time, but the user included both. Need to check the dates. The current date in the input is Jan 09, 2026. The news in Reason 2 is from an unspecified date but mentions a Friday when the stock tumbled. The recent news (Reasons 3 and 6) are both about the same investment on Jan 09, 2026. So perhaps the 31% drop in Reason 2 is a previous event, not the current one. Since the current movement is after hours on the same day as the investment announcement, the relevant news is Reason 1 and 3/6. Reason 3 and 6 are the same news about the investment in Future Biotech. The user included this twice. The article in Reason 3 and 6 details the $30M and $60M investment with performance targets. The company states this aligns with their strategy. However, in Reason 2, it's mentioned that the stock plunged after a similar announcement. But since the current movement is up 68%, the relevant news must be the investment from the strategic investors in Reason 1, not the Future Biotech investment. Because the Future Biotech investment (Reasons 2,3,6) led to a plunge before, but the current movement is a surge. Wait, but the user's input has conflicting info. The stock Performance is after hours up 68%, and the news events include both the strategic investment from big names (Reason 1) and the Future Biotech investment (Reasons 3,6). The user also has Reason 5 about a 20-day high in pre-market, but the movement here is after hours. So the key is to determine which news caused the after-hours surge. The surge is 68% after hours, which is a huge jump. The most plausible reason is the strategic investment from high-profile investors in Reason 1. The Future Biotech investment in Reasons 3 and 6 is part of the same announcement but perhaps the positive news is the investment from the big names, not the Future Biotech deal. However, the Future Biotech investment might be part of the same press release but the main positive driver is the strategic investors. The article in Reason 1 mentions that the investment from these figures strengthens their long-term development, which would be a positive catalyst. The Future Biotech investment (Reasons 3 and 6) is part of their strategy, but the market might have reacted more positively to the strategic investors than the Future Biotech deal. However, in Reason 2, there's a previous plunge after a similar Future Biotech announcement, but the current movement is up. So maybe the recent announcement (Reason 3/6) is structured differently and is positive. Wait, but the user's input shows that the stock Performance is after hours up 68%, and the news in Reason 1 is about the strategic investment from big names, which is likely the cause. The Future Biotech investment (Reasons 3 and 6) is part of the same announcement as Reason 1, but the main news is the investment from the prominent investors. So the key is that the after-hours surge is due to the strategic investment from Yao Jinbo, Wang Donghui, and Li Daxue, which is in Reason 1. The Future Biotech investment is part of the same press release but the main positive news is the new investors. Therefore, the correct cause is Reason 1. The other news (Reasons 2,3,5,6) either relate to past events or are part.