Financial Performance - For the six months ended June 30, 2024, the company's revenue was approximately RMB 3,533.2 million, representing a year-on-year increase of 13.0% compared to RMB 3,126.1 million for the same period in 2023[6]. - The average revenue per user increased by 32.1% to RMB 24.5 from RMB 18.5 in the previous year[8]. - The operating profit for the first half of 2024 was RMB 136.7 million, a decrease of 32.3% compared to RMB 202.0 million in the same period of 2023[6]. - The net profit for the period was RMB 135.1 million, down 29.8% from RMB 192.6 million year-on-year[6]. - The company reported a non-IFRS adjusted net profit of RMB 146.5 million, down 28.8% from RMB 205.7 million in the previous year[6]. - The gross profit increased by 24.8% to approximately RMB 1,660.0 million, with a gross margin rising from 42.6% in 2023 to 47.0% in the reporting period[20]. - The total expenses for the six months ended June 30, 2024, amounted to RMB 3,392,063 thousand, compared to RMB 3,004,713 thousand for the same period in 2023, indicating an increase of approximately 12.9%[81]. - The company reported a profit attributable to shareholders of RMB 120,599,000 for the six months ended June 30, 2024, down from RMB 190,349,000 in the same period of 2023, representing a decrease of approximately 36.6%[85]. User Metrics - The average monthly active users decreased to 24,045 thousand, down 14.4% from 28,094 thousand in the same period last year[8]. Strategic Initiatives - The company aims to continue its sustainable development strategy and expand its core product matrix while exploring overseas growth opportunities[10]. - The company plans to enhance the value of its core business and expand its scale advantages through robust cash flow reserves and an active user ecosystem[10]. - The company plans to deepen localization in overseas markets and explore new growth opportunities in regions like Southeast Asia and the Middle East[16]. - The company aims to leverage emerging technologies, including Web3.0 and AI, to enhance its product offerings and user experience[17]. Expenses and Cost Management - Sales and marketing expenses rose by 34.1% to approximately RMB 1,289.7 million, accounting for 36.5% of total revenue, up from 30.8% in the previous year[21]. - Administrative expenses increased by 31.4% to approximately RMB 131.5 million, primarily due to adjustments in employee structure and increased employee benefits[22]. - Research and development expenses decreased by 30.4% to approximately RMB 99.1 million, attributed to operational strategy adjustments and reduced employee costs[23]. Cash Flow and Financial Position - As of June 30, 2024, the company's cash and cash equivalents amounted to approximately RMB 2,009.2 million, a decrease from RMB 2,362.3 million as of December 31, 2023[34]. - The net cash inflow from operating activities for the six months ended June 30, 2024, was RMB 132,996 thousand, compared to RMB 162,305 thousand for the same period in 2023, indicating a decrease of about 18.0%[52]. - The company reported a net cash outflow from investing activities of RMB 466,346 thousand for the six months ended June 30, 2024, compared to RMB 93,324 thousand in the same period of 2023, indicating a significant increase in cash outflow[52]. - The company’s financing activities resulted in a net cash outflow of RMB 16,766 thousand for the six months ended June 30, 2024, compared to RMB 3,222 thousand in the previous year, indicating increased financing costs[54]. Assets and Liabilities - Total assets increased to RMB 5,304,779 thousand as of June 30, 2024, compared to RMB 5,145,709 thousand at the end of 2023[49]. - The total liabilities increased to RMB 947,150 thousand from RMB 863,866 thousand at the end of 2023[50]. - The company has approximately RMB 159.4 million in restricted cash as of June 30, 2024, up from RMB 58.4 million as of December 31, 2023[34]. - The company has no pledged or mortgaged assets as of June 30, 2024[40]. Investments and Financial Instruments - The group holds cryptocurrencies as intangible assets recorded under the cost model, with an indefinite useful life, requiring annual impairment testing[62]. - The fair value of financial instruments is determined using valuation techniques, including discounted cash flow analysis for wealth management products[71]. - The group’s financial assets primarily consist of investments in wealth management products issued by banks and financial institutions in China[70]. Shareholder Information - The founder, Mr. Feng You Sheng, holds 358,798,000 shares, representing 18.51% of the company's equity[113]. - Mr. Liu Xiao Song holds 250,000,000 shares through a controlled corporation, representing 12.90% of the company's equity[113]. - Mr. Hou Guang Ling holds 80,409,000 shares through a controlled corporation, representing 4.15% of the company's equity[113]. Corporate Governance - The company has adopted the corporate governance code as per the listing rules and has complied with all applicable provisions during the reporting period[136]. - The audit committee has been established in accordance with the listing rules and corporate governance code, consisting of two independent non-executive directors and one non-executive director[139]. - The interim financial information for the reporting period has not been audited but has been reviewed by the company's auditor according to international standards[139].

Investment Rating - The report assigns a "Buy" rating with a target price of HKD 0.90, representing a potential upside of 12.5% from the recent closing price of HKD 0.80 [2][3]. Core Insights - The company recorded a revenue of RMB 3.53 billion in the first half of 2024, marking a year-on-year increase of 13.0%, driven by the development of its product matrix and innovative short drama business. However, the net profit attributable to shareholders declined by 36.6% year-on-year to RMB 121 million, primarily due to increased marketing expenses [1][2]. - The live streaming business showed stable operations, with monthly active users (MAU) decreasing by 14.4% to 24.05 million, but average revenue per user (ARPU) increased by 32.1% to RMB 24.5, indicating strong consumer spending among core paying users [1]. - The short drama business is expanding steadily but faces limited profit margins due to intensified competition and rising market entry barriers. The company is exploring deeper integration of short dramas with cultural tourism and testing overseas opportunities [1]. - The company successfully expanded its overseas business in 2023, achieving significant revenue growth and targeting Southeast Asia, the Middle East, and North America for further market penetration [1]. Summary by Sections Financial Performance - In the first half of 2024, the company achieved a gross margin of 47.0%, up 4.4 percentage points year-on-year, while sales expenses increased by 5.7 percentage points to 36.5% due to the rapid expansion of the short drama business [1][7]. - The adjusted net profit for the first half of 2024 decreased by 29.8% year-on-year to RMB 135 million, reflecting the impact of increased operational costs [1]. Business Segments - The live streaming segment remains a cornerstone of the business, leveraging scale advantages and operational experience to maintain a healthy user environment and brand strength [1]. - The short drama segment has seen rapid growth since April 2022, but the competitive landscape is becoming increasingly challenging, prompting the company to innovate and explore new commercial paths [1]. Market Outlook - The report anticipates that while the social business faces competition and strategic adjustments, the short drama business is expected to become a new growth driver for the company [1]. - The company’s net cash position, excluding investment management, is approximately RMB 2.01 billion, significantly higher than its current market capitalization, suggesting potential for valuation upside [1].

Financial Performance - Total revenue for the six months ended June 30, 2024, was approximately RMB 3,533.2 million, representing a year-on-year increase of 13.0%[1] - Gross profit for the six months was RMB 1,659.96 million, a year-on-year increase of 24.8%[1] - Operating profit decreased to RMB 136.69 million, down 32.3% compared to RMB 201.97 million in the same period last year[1] - Adjusted net profit for the period was RMB 146.49 million, a decrease of 28.8% from RMB 205.73 million in the same period last year[1] - The group's profit for the reporting period was approximately RMB 135.1 million, a decrease of 29.8% compared to RMB 192.6 million in the same period of 2023[21] - The company reported a net profit attributable to shareholders of RMB 120,599 thousand for the six months ended June 30, 2024, a decrease of 36.6% compared to RMB 190,349 thousand in the same period of 2023[57][59] - Basic earnings per share for the period were RMB 0.06, compared to RMB 0.10 in the previous period[39] - Total expenses for the six months ended June 30, 2024, amounted to RMB 3,392,063 thousand, an increase from RMB 3,004,713 thousand in the same period of 2023[54] User Metrics - Monthly average active users decreased to 24,045 thousand, down 14.4% from 28,094 thousand in the same period last year[3] - Monthly average revenue per user increased to RMB 24.5, up 32.1% from RMB 18.5 in the same period last year[3] Expenses and Costs - Sales and marketing expenses rose by 34.1% to approximately RMB 1,289.7 million, accounting for 36.5% of total revenue, up from 30.8% in 2023[14] - Administrative expenses increased by 31.4% to approximately RMB 131.5 million, primarily due to adjustments in employee structure and increased employee welfare costs[15] - Research and development expenses decreased by 30.4% to approximately RMB 99.1 million, attributed to operational strategy adjustments and reduced employee costs[16] Cash and Assets - The group had cash and cash equivalents of approximately RMB 2,009.2 million as of June 30, 2024, a decrease from RMB 2,362.3 million as of December 31, 2023[25] - Total assets as of June 30, 2024, amounted to RMB 5,304,779 thousand, an increase from RMB 5,145,709 thousand as of December 31, 2023, representing a growth of approximately 2.9%[40] - Current assets increased significantly to RMB 4,158,306 thousand, up from RMB 3,978,967 thousand, reflecting a growth of approximately 4.5%[40] - Trade receivables surged to RMB 135,362 thousand from RMB 56,945 thousand, reflecting an increase of approximately 137.5%[40] Strategic Initiatives - The company aims to expand overseas markets, focusing on regions with large populations and developed mobile payment infrastructures[7] - The company plans to enhance its core product matrix and explore new applications of technology to drive growth[4] - The short video business is being developed with a focus on high-quality content and potential overseas opportunities[6] - The group plans to enhance its overseas operations strategy, focusing on localizing operations and exploring new markets in Southeast Asia and the Middle East[9] Corporate Governance - The audit committee confirmed compliance with applicable accounting principles and standards during the reporting period[68] - The company has adopted the corporate governance code and has complied with all applicable provisions during the reporting period[66] - The company has maintained a high level of corporate governance to protect shareholder interests and enhance company value[66] Future Outlook - The company provided a positive outlook for the next quarter, projecting revenue growth of 20% to $1.8 billion[70] - New product launches are expected to contribute an additional $200 million in revenue over the next year[70] - The company is investing $50 million in R&D for new technologies aimed at enhancing user experience[70] - Market expansion plans include entering three new countries by the end of the fiscal year, targeting a potential market of 5 million users[70] - The company is considering strategic acquisitions to bolster its market position, with a budget of $100 million allocated for this purpose[70]

Investment Rating - The report assigns a "Buy" rating to the company with a target price of HKD 1.12, representing a potential upside of 27.3% from the recent closing price of HKD 0.88 [7][9]. Core Insights - The company recorded revenue of RMB 6.84 billion in 2023, an increase of 8.3% year-on-year, with a gross margin improvement of 1.1% to 41.4%. Net profit surged by 337.8% to RMB 400 million, while adjusted net profit grew by 9.9% to RMB 430 million [7]. - The core business showed steady growth, with strategic adjustments made in the second half of 2022 to address industry competition and regulatory changes. The company's live streaming and social business segments have rebounded, providing solid cash flow support for diversified development [7]. - The short drama business has emerged as a significant growth driver, contributing RMB 960 million in revenue, accounting for 14% of total revenue. The market for micro-short dramas has expanded rapidly, with a reported growth of 268% year-on-year [7]. - The company successfully expanded its overseas operations, achieving substantial revenue growth and enhancing its brand presence through localized strategies in various global markets [7]. Financial Summary - The company’s cash position is robust, with net cash (excluding investment management) estimated at RMB 2.36 billion, significantly exceeding its current market capitalization [7]. - The projected earnings for 2024 are valued at a price-to-earnings ratio of 5x, supporting the target price of HKD 1.12 [7]. - The company has optimized resource allocation to strengthen its user base and commercial monetization capabilities, particularly in the social and matchmaking sectors [7].

Investment Rating - The report maintains a "Buy" rating for the company, indicating a potential upside of over 15% relative to the CSI 300 index [7]. Core Insights - The company has shown strong growth in its short drama business, achieving significant revenue increases and successfully turning a profit in 2023. The revenue for 2023 reached 6.84 billion yuan, a year-on-year increase of 8.3%, with net profit soaring to 400 million yuan, a remarkable growth of 337.8% [9]. - The company is expected to continue its revenue growth trajectory, with projected revenues of 7.09 billion yuan, 7.61 billion yuan, and 8.30 billion yuan for 2023, 2024, and 2025 respectively, reflecting year-on-year growth rates of 3.7%, 7.3%, and 9.1% [2][17]. - The company is focusing on optimizing its social product matrix and expanding its overseas market presence, particularly with its product "Waha" gaining traction in Vietnam [1]. Summary by Sections Financial Performance - The company achieved a gross margin of 41.4% in 2023, slightly higher than the previous year, with a sales expense ratio of 30.3% [23]. - The company’s content service revenue from short dramas reached 959 million yuan in 2023, showing substantial growth [9]. - The projected net profits for 2023, 2024, and 2025 are 420 million yuan, 490 million yuan, and 560 million yuan respectively, with growth rates of 8.0%, 16.6%, and 14.4% [2][17]. Business Segments - The short drama business is positioned as a key growth driver, with the company producing hundreds of micro-dramas and achieving over 10 billion total views [9]. - The live social business has shown signs of recovery, with a 25.5% quarter-on-quarter increase in revenue, despite a year-on-year decline of 10% [16]. Market Position - The company is recognized as a leader in the short drama sector, ranking third in the industry heat list for Q1 2024, following major competitors [9]. - The company’s strong promotional capabilities and comprehensive industry chain are expected to sustain its competitive edge and revenue generation [9].

Financial Performance - The group's revenue for the year was approximately RMB 6,844.8 million, an increase of 8.3% compared to RMB 6,319.3 million in 2022, driven by the development of an innovative product matrix[3]. - Gross profit increased by 11.3% from approximately RMB 2,546.5 million in 2022 to approximately RMB 2,833.1 million, with the gross profit margin rising from 40.3% to 41.4%[4]. - Operating profit turned positive, increasing by 1,002.7% from an operating loss of approximately RMB 47.0 million in 2022 to approximately RMB 424.2 million[8]. - The net other income increased from a loss of approximately RMB 46.7 million in 2022 to a net income of approximately RMB 138.5 million, mainly due to the appreciation of certain financial assets measured at fair value[7]. - The group's share of profits from investments accounted for using the equity method was approximately RMB 20.9 million, compared to a loss of approximately RMB 51.2 million in 2022[9]. Expenses and Losses - Administrative expenses decreased by 70.6% from approximately RMB 774.3 million in 2022 to approximately RMB 227.3 million, primarily due to the absence of goodwill impairment provisions during the reporting period[5]. - Financial asset impairment losses decreased from approximately RMB 50.2 million in 2022 to approximately RMB 13.1 million, attributed to a reduction in expected credit losses on other receivables and trade receivables[6]. Cash and Financial Assets - As of December 31, 2023, the total restricted cash balance was approximately RMB 58.4 million, slightly down from RMB 60.4 million as of December 31, 2022[13]. - Total financial assets decreased from approximately RMB 1,477.8 million in 2022 to approximately RMB 924.1 million in 2023[14]. Investment and Strategy - The company expects that its investment strategies will continue to generate stable income, given the manageable risk levels associated with financial products[16]. - The board has approved a budget of $100 million for cryptocurrency purchases[25]. - The company has no significant investment or capital asset plans as of the report date[25]. Business Operations - The group focuses on mobile live streaming platform business in China, providing value-added telecom services, internet cultural services, and network audiovisual program services[31]. - The company aims to maximize shareholder returns and will focus on its core business for sustainable growth[35]. - The company has no significant adverse impacts from competitive market conditions, despite operating in a vibrant and competitive industry[63]. Compliance and Governance - The company has complied with all relevant laws and regulations affecting its business and operations during the reporting period[33]. - The company’s independent non-executive directors confirmed their independence in relation to significant transactions and arrangements[104]. - The company has established a mechanism for evaluating the independence of its independent non-executive directors annually[139]. - The company has confirmed that all independent non-executive directors are independent as of the fiscal year ending December 31, 2023[125]. Shareholder and Dividend Information - The board has proposed a final dividend of HKD 0.0412 per ordinary share for the year ending December 31, 2023, totaling approximately HKD 799 million, pending shareholder approval at the upcoming annual general meeting[53]. - The company has a policy to declare interim dividends based on its financial condition and profits[39]. - The company’s available reserves for distribution, calculated under Cayman Islands company law, amount to approximately RMB 3,219.8 million[167]. Employee Incentives and Compensation - The company has adopted stock option plans and restricted share unit plans to incentivize employees[162]. - The company has implemented a competitive compensation policy for employees, including salary, bonuses, and other cash benefits[162]. - The company aims to attract and retain skilled personnel through the implementation of the restricted share unit plan adopted on May 12, 2022[96]. Share Options and Restricted Share Units - The total number of stock options available for issuance under the stock option plan is 201,556,400 shares, accounting for approximately 10.40% of the company's issued share capital as of the report date[84]. - The total number of shares available for the Restricted Share Unit Plan is 100,778,200 shares, representing about 5.2% of the company's issued share capital as of the report date[76]. - The company has not granted any share options or restricted share units during the reporting period[121]. Board and Management - The company’s board of directors is collectively responsible for guiding and supervising the company’s affairs, including monitoring operational and financial performance[138]. - The board is committed to ensuring at least three independent non-executive directors, with one possessing appropriate professional qualifications[154]. - The company held six board meetings during the reporting period, exceeding the requirement of four meetings per year as per corporate governance code C.5.1[146]. Miscellaneous - The company has established Hunan Canchen Yingchao Network Technology Co., Ltd. and Hunan Lingxiao Lansheng Network Technology Co., Ltd. to engage in value-added telecommunications and internet cultural activities, which are restricted for foreign investors under Chinese law[176]. - The company has not made any payments to directors or on behalf of directors during the reporting period, except as disclosed[191]. - The company has not entered into any arrangements allowing directors or executives to acquire securities of the company or its affiliates during the year[170].

Investment Rating - The report maintains a "Recommended" rating for the company [5][4]. Core Insights - The company achieved a revenue of 6.845 billion yuan in 2023, representing an increase of 8.3% year-on-year. The net profit reached 0.401 billion yuan, recovering from a loss of 0.168 billion yuan in the previous year [1][6]. - The growth in revenue is primarily attributed to the rapid increase in short drama income and the stable development of the live social segment. The company has successfully entered the top tier of the short drama industry [1][6]. - The company is accelerating its overseas product matrix construction, with overseas revenue reaching 0.136 billion yuan, a significant increase compared to the previous year [1][6]. Financial Performance Summary - In 2023, the company reported a total revenue of 6.845 billion yuan, with value-added service revenue at 5.220 billion yuan (down 10% year-on-year), content service revenue at 0.959 billion yuan (up from 0.041 billion yuan last year), and other income at 0.666 billion yuan (up 8.32% year-on-year) [1][7]. - The company's gross profit margin improved to 41.4%, an increase of 1.1 percentage points from the previous year, while the adjusted net profit margin was 6.2% [1][7]. - The company expects net profits for 2024-2026 to be 0.364 billion yuan, 0.402 billion yuan, and 0.410 billion yuan, respectively, corresponding to PE ratios of 4.2X, 3.8X, and 3.7X [1][7].

Investment Rating - The investment rating for the company is "Neutral" [3][11]. Core Views - The company achieved a revenue of 6.845 billion yuan in 2023, representing an 8.32% year-on-year increase, and net profit of 386.53 million yuan, recovering from a loss of 166.10 million yuan in 2022 [21]. - The company's short video and overseas business are expected to drive growth, with significant contributions from the entertainment content service revenue, which reached 959 million yuan, accounting for 13.36% of total revenue [22]. - The company maintains a strong cash position with approximately 2.36 billion yuan in cash and cash equivalents as of December 31, 2023, and a dividend yield of about 4.5% based on the 2023 annual dividend [4]. Financial Summary - Revenue Forecast: - 2023: 6.845 billion yuan - 2024: 6.945 billion yuan - 2025: 7.238 billion yuan - 2026: 7.576 billion yuan - Year-on-year growth rates: 8.32% in 2023, 1.47% in 2024, 4.22% in 2025, and 4.67% in 2026 [3][8]. - Net Profit Forecast: - 2023: 386.53 million yuan - 2024: 390.47 million yuan - 2025: 402.98 million yuan - 2026: 414.08 million yuan - Year-on-year growth rates: 1.02% in 2024, 3.20% in 2025, and 2.76% in 2026 [3][8]. - Earnings Per Share (EPS): - 2023: 0.20 yuan - 2024: 0.20 yuan - 2025: 0.21 yuan - 2026: 0.21 yuan [3][8]. - Price-to-Earnings (P/E) Ratio: - 2023: 4.08 - 2024: 4.04 - 2025: 3.91 - 2026: 3.81 [3][8]. Cash Flow Summary - Operating Cash Flow: - 2023: 184.01 million yuan - 2024: 480.96 million yuan - 2025: 379.46 million yuan - 2026: 354.88 million yuan [6]. - Net Increase in Cash: - 2023: 634.01 million yuan - 2024: 448.68 million yuan - 2025: 329.75 million yuan - 2026: 292.96 million yuan [6].

Financial Performance - The company reported a profit attributable to shareholders of RMB 386,529 thousand, compared to a loss of RMB 166,101 thousand in the previous period[7]. - Basic earnings per share were RMB 0.21, an increase from a loss of RMB 0.09 per share in the prior year[8]. - The company's revenue for 2023 was approximately RMB 6,844.8 million, an increase of 8.3% compared to RMB 6,319.3 million in 2022[63]. - The net profit for the year was approximately RMB 400.6 million, compared to a loss of RMB 168.5 million in 2022, marking a 337.8% increase[72]. - Operating profit was recorded at RMB 424.2 million, a significant increase from a loss of RMB 46.9 million in 2022, representing a growth of 1,002.7%[75]. - Gross profit increased by 11.3% to approximately RMB 2,833.1 million, with a gross margin of 41.4%, up from 40.3% in 2022[65]. - Total revenue for the year ended December 31, 2023, was RMB 6,844,788 thousand, an increase of 8.3% compared to RMB 6,319,321 thousand in 2022[155]. - The profit attributable to the company's owners for the year was RMB 386,529 thousand, a significant recovery from a loss of RMB 166,101 thousand in the previous year[190]. Assets and Liabilities - Total assets increased to RMB 5,145,709 thousand, up from RMB 4,660,614 thousand year-over-year, representing an increase of approximately 10.4%[9]. - Current assets rose to RMB 3,978,967 thousand, compared to RMB 3,512,767 thousand in the previous year, reflecting a growth of about 13.2%[9]. - Total liabilities increased to RMB 863,866 thousand from RMB 808,172 thousand, indicating a rise of about 6.9%[10]. - Non-current assets totaled RMB 1,166,742 thousand, slightly up from RMB 1,147,847 thousand, showing a modest increase of around 1.6%[9]. - The group's cash and cash equivalents amounted to approximately RMB 2,362.3 million as of December 31, 2023, up from RMB 1,634.7 million as of December 31, 2022[101]. - Trade receivables as of December 31, 2023, amounted to RMB 508,366 thousand, an increase from RMB 444,680 thousand in the previous year[193]. Expenses and Cost Management - Sales and marketing expenses surged by 50.1% to approximately RMB 2,073.8 million, accounting for 30.3% of total revenue, up from 21.9% in 2022[65]. - The group's administrative expenses decreased by 70.6% from approximately RMB 774.3 million in 2022 to about RMB 227.3 million during the reporting period[91]. - Research and development expenses reduced by 30.0% from approximately RMB 388.7 million in 2022 to about RMB 272.0 million during the reporting period[92]. - The company's advertising and promotional expenses increased to RMB 2,031,052 thousand in 2023 from RMB 1,325,312 thousand in 2022, reflecting a strategic push for market expansion[156]. Market and User Engagement - The average monthly active users decreased to 22,808 thousand in 2023 from 26,712 thousand in 2022, representing a decline of 14.6%[46]. - The average revenue per user increased to RMB 25.0 in 2023 from RMB 19.7 in 2022, reflecting a growth of 26.9%[46]. - The company has made significant progress in overseas market expansion, with its social products ranking among the top in Vietnam's social application sales charts[55]. - The company aims to leverage the growth of the global mobile internet and technology to enhance its social entertainment ecosystem for long-term growth[48]. - The group plans to accelerate overseas market expansion, particularly in the Middle East, while developing localized products[84]. Corporate Governance and Compliance - The company is committed to maintaining high levels of corporate governance to enhance shareholder value and accountability[197]. - The board of directors confirmed compliance with the standards of conduct for securities trading during the reporting period[166]. Innovation and Technology - The company is focusing on innovation in its business model, particularly in short dramas and other creative content, to drive new growth momentum[54]. - The company is actively embracing new technologies, including AI applications in live streaming and social interactions, to enhance user experience[59]. - The company has established localized teams in Vietnam and Thailand to enhance content supply and adapt services to local user preferences[56]. Dividends - The company plans to distribute a final dividend of HKD 0.0412 per share, totaling approximately HKD 799 million for the fiscal year ending December 31, 2023[38]. - The board has proposed a final dividend of HKD 0.0412 per share for the year ending December 31, 2023[75]. - The company declared a final dividend of HKD 0.0412 per share, totaling approximately HKD 79.9 million, compared to no dividend in 2022[161].

智通财经APP获悉，映宇宙(03700)涨超11%，截至发稿，涨11.11%，报0.8港元，成交额224.84万港元。 消息面上，据央视财经，近年来，微短剧在各大平台迅速走红。数据显示，2023年，抖音上播放量破亿的微短剧达500部；快手微短剧日均日活跃用户数量达2.7亿。有报告显示，2023年中国微短剧市场规模已攀升至373.9亿元，预计到2027年，中国微短剧市场规模将突破1000亿元大关。 此外，新腕儿联合DataEye近日发布3月第1周短剧热力周榜，从上周上榜短剧来看，热力值最高的是《司令宠妾灭妻，我转身出府嫁少帅》，一周内热力值为2098万，关联方为海南恒系。据悉，海南恒系是北京蜜莱坞100%子公司，也就是属于映宇宙的工作室马甲。第二名《夜空中最亮的星》，关联方美光盛世，也是映宇宙旗下短剧工作室。 ...