Soul App向港交所递交上市申请，累计注册用户达3.9亿

Core Viewpoint - Soul App has submitted an application for listing on the Hong Kong Stock Exchange, with Tencent as a strategic investor holding 49.9% of the shares, and CITIC Securities as the sole sponsor for the IPO [1][3] Group 1: Company Overview - Soul App is the first AI+ immersive social networking platform in China where all users interact through virtual identities (avatars) [1] - The platform's daily active users (DAU) are predominantly from Generation Z, with over 78.7% of users belonging to this demographic [1] Group 2: Financial Performance - The company's revenue projections for 2022 to 2024 are 1.667 billion, 1.846 billion, and 2.211 billion RMB respectively, with a compound annual growth rate (CAGR) exceeding 15% [2] - The company has achieved stable profitability since 2023, with adjusted profits of 337 million RMB for 2024 and 286 million RMB for the first eight months of 2025, alongside gross margins of 83.7% and 81.5% respectively [2] - The primary revenue source is AI-driven emotional value services, which accounted for over 90% of revenue in the first eight months of 2025, with an average revenue per paying user (ARPPU) of 104.4 RMB [2] Group 3: User Engagement Metrics - The platform has approximately 390 million registered users, with a DAU of about 11 million in the first eight months of 2025 [2] - Users spend an average of over 50 minutes daily on the platform, sending around 75 point-to-point private messages each day [2] - The three-month average user retention rate is 80%, with the platform ranking first in China for DAU, daily average launches (20.1 times), and 30-day retention rate for new installations (23%) among AI+ immersive social platforms [2] Group 4: Use of IPO Proceeds - The funds raised from the IPO will be allocated for AI capability development, global expansion, user base growth, content development, and general corporate purposes [3]