Core Viewpoint - The announcement from Kuaishou Technology (09911.HK) highlights significant growth in its social and innovative business segments, indicating a positive trajectory for the company's revenue and user engagement metrics leading up to September 30, 2025 [1] Group 1: Social Business Performance - As of September 30, 2025, the cumulative downloads of the group's social business reached approximately 920 million, an increase of about 5.7% compared to June 30, 2025 [1] - The average monthly active users for the social business in the third quarter of 2025 reached approximately 34.08 million, reflecting a quarter-on-quarter growth of about 0.7% [1] - For the nine months ending September 30, 2025, the total revenue from the social business is expected to be approximately RMB 4.38 billion to RMB 4.44 billion, representing a year-on-year growth of about 34.5% to 36.4% [1] Group 2: Innovative Business Growth - For the nine months ending September 30, 2025, the total revenue from the innovative business is anticipated to be approximately RMB 530 million to RMB 550 million, showing a year-on-year increase of about 69.9% to 76.3% [1] - The steady growth in innovative business revenue is primarily attributed to the monetization of traffic, robust development in social e-commerce, and the revenue contribution from short drama projects that the company has actively invested in [1] - Additionally, revenue from high-quality games developed by the company also contributed to the overall income [1]
赤子城科技(09911.HK)：前九个月社交业务总收入预期增长34.5%至36.4%