

Core Insights - The company reported a significant increase in revenue and net profit for the first half of 2025, with revenue reaching 13.88 billion RMB, a year-on-year growth of 204.4%, and net profit of 4.57 billion RMB, up 396.5% [1][3] Revenue Breakdown - Revenue in China for the first half of 2025 was 8.28 billion RMB, reflecting a growth rate of 135.2% year-on-year [1] - Revenue from the Asia-Pacific region reached 2.85 billion RMB, with a remarkable growth of 257.8% [1] - Revenue from the Americas was 2.27 billion RMB, showing an extraordinary increase of 1142.3% [1] - Revenue from Europe and other regions amounted to 478 million RMB, with a growth of 729.2% [1] Artist IP Performance - The company had 13 artist IPs generating over 100 million RMB in revenue, with the top performers being: - THE MONSTERS: 4.81 billion RMB - MOLLY: 1.36 billion RMB - SKULLPANDA: 1.22 billion RMB - CRYBABY: 1.22 billion RMB - DIMOO: 1.11 billion RMB [1]