Soul冲刺港交所：国内领先的「AI+沉浸式社交平台」，累计注册用户达3.9亿

Core Viewpoint - Soulgate Inc. is leveraging AI technology as the core engine for rapid development in the immersive emotional economy, positioning itself as a leading AI-driven social platform in China [2][5]. Company Overview - Founded in 2015, Soul is an AI + immersive social platform that creates a warm emotional oasis based on user interests and personalities, utilizing advanced AI models and algorithms [3]. - Soul is the first AI + immersive social network platform in China where all users interact through virtual identities (avatars) [3]. User Engagement - As of August 31, 2025, Soul has approximately 390 million registered users, with daily active users reaching 11 million, 78.7% of whom are Gen Z [5]. - Users spend over 50 minutes daily on the platform, with an average monthly active user interaction rate of 86.0%, sending about 75 point-to-point messages per day [5]. - The platform sees over 323 million active "experience" scenarios created or participated in by users each month, with a three-month average user retention rate of 80% [5]. Financial Performance - Soul's revenue for 2022, 2023, and 2024 is projected at 1.667 billion, 1.846 billion, and 2.211 billion yuan, respectively, with a compound annual growth rate exceeding 15% [6]. - In the first eight months of this year, revenue grew by 17.8% year-on-year to 1.683 billion yuan, with AI-driven emotional value services accounting for over 90% of total revenue [6]. - The average revenue per paying user (ARPPU) is 104.4 yuan, indicating strong willingness to pay for emotional value services [6]. - Soul has achieved stable profitability since 2023, with an adjusted net profit of 337 million yuan projected for 2024, and an adjusted net profit of 286 million yuan in the first eight months of this year, reflecting a 73% year-on-year growth [6]. Investment and Funding - Soul has received investments from notable institutions including Tencent, miHoYo, and several venture capital firms, with Tencent holding a 49.9% stake as a strategic investor [6]. IPO Plans - Soul plans to use the net proceeds from its IPO primarily for further development of AI capabilities, GPU capabilities, data analytics, talent retention, global platform expansion, user base growth, content development, and general corporate purposes [7].