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]
情绪价值赛道热度不减，赤子城科技上半年营收破30亿