格隆汇8月6日丨赤子城科技(09911.HK)公布盈利预告，截至2025年6月30日止半年度，预期集团的总收 入约为人民币31.35亿元至人民币32.15亿元，较2024年同期增长约38.0%至41.5%，有关预期增长主要归 因于集团借助AI技术推动多样化社交产品持续稳步增长。 截至2025年6月30日止半年度，预期公司的拥有人应占利润约为人民币4.70亿元至人民币5.10亿元，较 2024年同期增长约108.9%至126.7%。公司拥有人应占利润的有关预期增长主要归因于集团借助AI技术 推动多样化社交产品持续稳步增长，以及公司于2024年12月完成对NBT Social Networking非控股权益的 收购，NBT Social Networking的财务业绩全数归属于公司的权益股东。 截至2025年6月30日止半年度，集团的经调整EBITDA约为人民币6.30亿元至人民币6.70亿元，较2024年 同期增长约40.6%至49.6%，有关预期增长主要归因于集团借助AI技术推动多样化社交产品持续稳步增 长。 ...

NEWBORN TOWN INC. 赤子城科技有限公司 （於開曼群島註冊成立的有限公司） （股份代號：9911） 盈利預告 本公告由赤子城科技有限公司（「本公司」，連同其附屬公司統稱「本集團」）根據 《香港聯合交易所有限公司證券上市規則》（「《上市規則》」）第13.09(2)條及香港 法例第571章《證券及期貨條例》第XIVA部項下的內幕消息條文（定義見《上市規 則》）作出。 本公司董事（「董事」）會（「董事會」）謹此知會本公司股東及潛在投資者，根據對 本集團截至2025年6月30日止半年度的未經審核綜合管理賬目及現時可得資料之 初步審閱，預期： 1 (i) 截至2025年6月30日止半年度本集團的總收入約為人民幣3,135百萬元至人民 幣3,215百萬元，較2024年同期增長約38.0%至41.5%，有關預期增長主要歸 因於本集團借助AI技術推動多樣化社交產品持續穩步增長； (ii) 截至2025年6月30日止半年度本公司的擁有人應佔利潤約為人民幣470百萬元 至人民幣510百萬元，較2024年同期增長約108.9%至126.7%。本公司擁有人 應佔利潤的有關預期增長主要歸因於本集團借助AI技術推動多樣化社 ...

Group 1 - The 22nd China International Digital Interactive Entertainment Expo attracted over 800 exhibitors and more than 410,000 attendees, generating approximately 661 million yuan in surrounding service consumption [1] - The "2025 China Game Industry Report" indicates that both domestic and overseas market revenues for the Chinese gaming industry saw year-on-year growth in the first half of the year, with new growth opportunities and commercialization directions emerging [1] - The global mobile and PC gaming market is expected to exceed $120 billion by 2028, with mobile game in-app purchase revenue projected to grow by 6% in 2025, reaching $85.4 billion [1] Group 2 - Analysts noted that the gaming industry is experiencing a robust recovery, with increased foot traffic and player enthusiasm at this year's expo compared to last year [2] - The domestic mobile game market size grew by 20% year-on-year from January to May, while the number of domestic game licenses increased by 21% in the first half of the year, reaching a new high for June [2] - Gaming platforms are expected to benefit from increased user activity and advertising revenue, alongside the launch of new games and the steady operation of established titles [2] Group 3 - The gaming sector includes companies listed in Hong Kong such as Tencent (00700), NetEase-S (09999), Bilibili-W (09626), and others [3]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 赤子城科技有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 09911 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 3,000,000,000 | USD | | 0.0001 | USD | | 300,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 3,000,000,000 | USD | | 0.0001 | USD | | 300,000 | 本月底法定/註冊股本總額： ...

Group 1 - The stock price of Zhiyu City Technology (09911) increased by 2.50%, reaching HKD 10.66, with a trading volume of HKD 33.8831 million [2] - As of June 30, 2025, the cumulative download of the company's social business is approximately 870 million, representing a growth of about 5.5% compared to March 31, 2025 [2] - The average monthly active users for the company's social business in the second quarter of 2025 reached approximately 33.85 million, showing a quarter-on-quarter growth of about 3.1% [2] - The total revenue for the company's social business for the six months ending June 30, 2025, is expected to be between RMB 2.8 billion and RMB 2.86 billion, reflecting a year-on-year growth of approximately 35.4% to 38.3% compared to the same period in 2024 [2]

Core Viewpoint - Zhi Zi Cheng Technology (09911) has seen a nearly 3% increase in stock price, currently at HKD 10.68, with a trading volume of HKD 27.11 million. The company reported significant growth in its social business and innovative business revenues for the upcoming fiscal period [1]. Group 1: Social Business Performance - As of June 30, 2025, the cumulative download of the company's social business reached approximately 870 million, an increase of about 5.5% from March 31, 2025 [1]. - The average monthly active users for the social business in the second quarter of 2025 reached approximately 33.85 million, reflecting a quarter-on-quarter growth of about 3.1% [1]. - The total revenue for the social business for the six months ending June 30, 2025, is expected to be around RMB 2.8 billion to 2.86 billion, representing a year-on-year growth of approximately 35.4% to 38.3% compared to 2024 [1]. Group 2: Innovative Business Performance - For the six months ending June 30, 2025, the total revenue from the innovative business is anticipated to be around RMB 335 million to 355 million, indicating a year-on-year growth of approximately 65.0% to 74.9% compared to 2024 [1]. - The significant growth in the social business revenue is attributed to the company's utilization of AI technology to drive the steady growth of diverse social products [1]. - The steady increase in innovative business revenue is primarily due to the robust development of traffic monetization and social e-commerce, along with contributions from high-quality games developed by the company [1].

Core Viewpoint - The company, Zhizi City Technology (09911), has shown a significant increase in its social business metrics and revenue projections, driven by AI technology and diversified product offerings [1] Group 1: Social Business Performance - As of June 30, 2025, the cumulative download of the company's social business reached approximately 870 million, an increase of about 5.5% from March 31, 2025 [1] - The average monthly active users for the social business in the second quarter of 2025 reached approximately 33.85 million, reflecting a quarter-on-quarter growth of about 3.1% [1] - The total revenue for the social business for the six months ending June 30, 2025, is expected to be around RMB 2.8 billion to 2.86 billion, representing a year-on-year growth of approximately 35.4% to 38.3% compared to the same period in 2024 [1] Group 2: Innovative Business Performance - For the six months ending June 30, 2025, the total revenue from the company's innovative business is projected to be around RMB 335 million to 355 million, indicating a year-on-year growth of approximately 65.0% to 74.9% compared to 2024 [1] - The significant growth in innovative business revenue is attributed to the company's effective monetization of traffic, social e-commerce, and contributions from high-quality games developed by the company [1]

Core Viewpoint - The company, Zhiyu City Technology (09911), has shown a positive market response with a nearly 3% increase in stock price, attributed to strong performance in its social and innovative business segments [1] Group 1: Social Business Performance - As of June 30, 2025, the cumulative download of the company's social business reached approximately 870 million, an increase of about 5.5% compared to March 31, 2025 [1] - The average monthly active users for the social business in the second quarter of 2025 reached approximately 33.85 million, reflecting a quarter-on-quarter growth of about 3.1% [1] - The total revenue from the social business for the six months ending June 30, 2025, is expected to be around RMB 2.8 billion to 2.86 billion, representing a year-on-year growth of approximately 35.4% to 38.3% compared to 2024 [1] Group 2: Innovative Business Performance - The total revenue from the innovative business for the six months ending June 30, 2025, is anticipated to be around RMB 335 million to 355 million, indicating a year-on-year growth of approximately 65.0% to 74.9% compared to 2024 [1] - The significant growth in the social business revenue is primarily attributed to the company's utilization of AI technology to drive diverse social product offerings [1] - The steady growth in innovative business revenue is mainly due to the robust development of traffic monetization and social e-commerce, along with contributions from high-quality games developed by the company [1]

Investment Rating - The industry investment rating is "Positive" (maintained) [3] Core Insights - The report highlights the focus on weight management and healthy eating, driven by the "Weight Management Year" initiative, with significant market potential in the low-sugar, low-fat, and high-fiber food segments [5][20][25] - The tourism sector is expected to see a significant increase in traffic following the official closure of Hainan Free Trade Port on December 18, 2025, which will implement favorable tax policies [15][18] - The AI-enabled social platform, ZhiZi City Technology, is projected to achieve a revenue growth of 38.0% to 41.5% in the first half of 2025, indicating strong performance in the social business segment [28][30] - The health food market in China is anticipated to grow significantly, with the market size expected to exceed 800 billion yuan by 2027, driven by rising health awareness among consumers [22][23][33] Summary by Sections 1. Travel and Tourism - Hainan will officially close its borders at the end of 2025, leading to a potential surge in visitor numbers post-closure [15] - The implementation of "zero tariff" policies and low tax rates will enhance Hainan's position as a key processing and value-added base [15][16] 2. Weight Management and Healthy Eating - The prevalence of overweight and obesity in China has surpassed 50%, with over 140 million diabetes patients, creating a sustained demand for low-sugar and low-fat foods [23][26] - The Chinese nutrition and health food market is projected to grow from 3.796 trillion yuan in 2017 to over 8 trillion yuan by 2027 [20][21] 3. AI and Social Platforms - ZhiZi City Technology expects total revenue of 31.35 to 32.15 billion yuan in the first half of 2025, reflecting a growth of 38.0% to 41.5% compared to the same period in 2024 [28][30] - The company's social business is anticipated to generate revenue of 28.00 to 28.60 billion yuan, marking a year-on-year increase of 35.4% to 38.3% [28] 4. Health and Wellness - The global health food market is expected to reach 191.5 billion USD by 2024, with China's health food market projected to grow to 260.2 billion yuan [37][39] - The demand for dietary supplements is increasing, with 64% of health-conscious individuals opting to purchase health products [33][41]

Group 1 - The core viewpoint highlights the strong performance of new consumption concepts driven by emotional spending, with companies like Zhizicheng Technology (09911.HK) showing significant revenue growth [2] - For the first half of 2025, Zhizicheng Technology expects total revenue between RMB 31.35 billion and RMB 32.15 billion, representing a year-on-year increase of 38.0% to 41.5% [2] - The social business segment is projected to generate revenue between RMB 28.00 billion and RMB 28.60 billion, with a year-on-year growth of 35.4% to 38.3% [2] Group 2 - The innovative business segment is anticipated to see explosive growth, with expected revenue between RMB 3.35 billion and RMB 3.55 billion, reflecting a year-on-year increase of 65.0% to 74.9% [2] - The growth in social business revenue is attributed to the integration of AI technology, which has led to a diverse range of social products [2] - Key operational metrics such as average online duration per user, ARPU, and payment rates have all shown steady improvement in the first half of 2025 [2] Group 3 - The overseas market for diverse social business continues to develop healthily, with HeeSay solidifying its position in Southeast Asia through community ecosystem operations and brand activities [3] - HeeSay ranked 16th in the Southeast Asia social app revenue chart on Google Play for the first half of the year [3] - The premium gaming business, represented by Alice's Dream: Merge Games, has entered a long-term operational phase, contributing stable profits [3]