Core Viewpoint - The announcement from Zhiyu City Technology (09911.HK) highlights significant growth in its social business and innovative business segments, driven by AI technology and diversified product offerings [1] Group 1: Social Business Performance - As of December 31, 2025, the cumulative downloads of the group's social business are expected to reach approximately 970 million, an increase of about 5.9% from September 30, 2025 [1] - The average monthly active users for the social business in Q4 2025 are projected to be around 35.285 million, reflecting a quarter-on-quarter growth of approximately 3.5% [1] - The total revenue for the social business for the fiscal year ending December 31, 2025, is anticipated to be between RMB 6.030 billion and RMB 6.230 billion, representing a year-on-year growth of approximately 30.4% to 34.8% compared to 2024 [1] Group 2: Innovative Business Performance - The total revenue for the innovative business for the fiscal year ending December 31, 2025, is expected to be between RMB 730 million and RMB 770 million, indicating a year-on-year growth of approximately 55.7% to 64.2% compared to 2024 [1] - The significant revenue growth in the innovative business is attributed to the monetization of traffic, steady development of social e-commerce, and contributions from short drama business investments [1] - Additionally, revenue contributions are also expected from the premium games developed by the company [1]
赤子城科技(09911.HK)：2025年社交业务总收入预期增长30.4%至34.8%