Core Viewpoint - Scienjoy Holding Corporation has received a 180-day extension from Nasdaq to regain compliance with the minimum closing bid price requirement of US$1.00 per share, now having until July 6, 2026, to meet this requirement [1][2]. Group 1 - The extension follows the expiration of the initial compliance period on January 6, 2026, allowing the company additional time to meet the bid price requirement [2]. - To regain compliance, Scienjoy's Class A ordinary shares must close at or above US$1.00 for a minimum of 10 consecutive business days during the new compliance period [2]. - If compliance is not achieved by July 6, 2026, the company may face delisting from Nasdaq, but it can request a review of the delisting decision [3]. Group 2 - Scienjoy is positioned as a leader in interactive entertainment in the Chinese market, utilizing AI technology to create immersive experiences and redefine entertainment [4].

BEIJING, Dec. 18, 2025 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "we") (NASDAQ: SJ), a leading interactive entertainment company in the Chinese market, today announces its engagement of ICON Capital Group, LLC ("ICG") to evaluate strategic alternatives to optimize its substantial cash position and enhance long-term shareholder value. The engagement positions Scienjoy to explore multiple value-creation opportunities following several years of robust cash generation and sign ...

Core Viewpoint - Scienjoy Holding Corporation has launched AI Vista Live! in Dubai, marking a significant step in its AI transformation strategy and entry into the digital human sector [1][5]. Group 1: Product Overview - AI Vista Live! is an advanced AI performer platform that enables lifelike, real-time interactions through multimodal AI and multi-agent architecture [2][3]. - The platform caters to both consumer and enterprise markets, offering various deployment formats such as mobile applications, customizable APIs, and enterprise-grade hardware [2]. - It features flexible behavioral models and content generation capabilities while requiring minimal bandwidth through edge-side deployment, making it suitable for diverse applications [2]. Group 2: Market Presence and Clients - The existing AI Vista App and Vista AI Photo Booth have successfully engaged users at multiple events in the UAE, indicating strong market traction [4]. - Notable clients for AI Vista Live! include the Abu Dhabi Securities Exchange, Emirates NBD, and Dubai Police, highlighting its growing reputation in the region [4]. Group 3: Strategic Importance - The launch of AI Vista Live! is seen as a pivotal moment in Scienjoy's innovation roadmap, enhancing digital interaction and human-like engagement [5]. - Dubai is positioned as a strategic gateway for Scienjoy to expand into the Middle East, where demand for advanced AI solutions is increasing [5]. - The company aims to strengthen its presence in next-generation digital human applications in the UAE market, demonstrating a commitment to innovation and long-term shareholder value [5].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示概不會就本公佈之全部或任何部分 內容而產生或倚賴該等內容而引致之任何損失承擔任何責任。 本公司董事會（「董事會」）欣然宣佈，本集團已成功簽訂若干協議，將VSING的全球門店 數量擴展至100間，同時進軍柬埔寨及印度市場。這些門店將為顧客提供VSING互動娛 樂系統，透過電子禮品等強大的社交媒體功能，提升顧客的卡拉OK體驗與社交互動。 承董事會命 VSING Limited 主席 吳聖鑫 （於開曼群島註冊成立之有限公司） （股份代號：8292） VSING Limited 開設100間門店是VSING擴張的里程碑，益處多樣。這不僅增加了用戶訪問，加速了用戶 獲取，也促進了卡拉OK和電子禮品等平台相關消費的發展。同時，透過整合VSING互動 娛樂系統作為多個門店的門店改造解決方案，促進B2B業務的增長，並提升VSING品牌 在市場上的知名度。擴展後的網絡為未來的商業模式（例如基於門店的促銷活動或媒體 展示解決方案）奠定了基礎。 董事會認為，將門店總數增加到100間是VSING業務長期發展的一個重 ...

Core Insights - Scienjoy Holding Corporation reported a revenue decrease of 5.3% year-over-year, totaling RMB 959.3 million (US$ 134.7 million) for the nine months ended September 30, 2025, compared to RMB 1,012.5 million in the same period of 2024 [6][7] - Despite the revenue decline, income from operations increased by 30.9% to RMB 46.2 million (US$ 6.5 million) [11][16] - The company is focusing on enhancing its "live streaming + gaming" ecosystem through artificial intelligence to improve user experience and operational efficiency [3][5] Financial Performance - Total revenues decreased to RMB 959.3 million (US$ 134.7 million) from RMB 1,012.5 million in the same period of 2024 [6][7] - Gross profit slightly decreased to RMB 177.9 million (US$ 25.0 million) from RMB 179.6 million in the same period of 2024, while gross margin improved to 18.5% from 17.7% [10][11] - Net income decreased to RMB 14.9 million (US$ 2.1 million) from RMB 34.2 million in the same period of 2024 [16][17] - Adjusted net income attributable to shareholders decreased to RMB 26.7 million (US$ 3.8 million) from RMB 50.8 million in the same period of 2024 [17][27] Operational Highlights - The number of paying users decreased to 332,408 for the nine months ended September 30, 2025, compared to 386,455 in the same period of 2024, attributed to increased competition in China's mobile live streaming market [8][9] - The company is expanding its AI Vista platform into AI Vista Live, which aims to enhance user interaction and content generation [4][5] - Operating expenses decreased to RMB 131.7 million (US$ 18.5 million) from RMB 144.3 million in the same period of 2024, indicating improved cost management [10][15] Cash and Liquidity - As of September 30, 2025, the company had cash and cash equivalents of RMB 254.1 million (US$ 35.7 million), an increase from RMB 252.5 million as of December 31, 2024 [7][18] - The company maintains stable cash reserves, ensuring liquidity for ongoing innovation and global expansion [6][12]

Core Insights - Versus Systems Inc. has announced a collaboration with Drinkfinger Enterprises LTD. to enhance fan engagement through interactive experiences in global sports and entertainment [1][2][3] - The partnership aims to integrate physical fan products with real-time digital engagement, creating new opportunities for fan interaction during major events [2][6] Company Overview - Versus Systems is a leading provider of gamification and audience engagement technology, enabling brands to create rewarding interactive experiences [8] - Drinkfinger is an innovative beverage accessory brand focused on enhancing fan experiences through customizable products that serve as both functional items and digital engagement tools [9][10] Collaboration Details - The companies have signed a non-binding Letter of Intent and are working towards a Master Services Agreement to implement dynamic activations in international markets [3] - Drinkfinger products will utilize Versus Systems' technology, allowing fans to scan their products and unlock interactive digital experiences [4][5] Strategic Goals - The collaboration is expected to elevate fan engagement, making traditional fan accessories more interactive and shareable [5][6] - Both companies aim to merge team spirit, convenience, and eco-friendly design into a new category of collectible and functional fan products [6]

Industry Overview - Gold futures prices on the New York Commodity Exchange reached over $4,300 per ounce in October 2025, marking a historical record with over 35 new all-time highs achieved since the beginning of the year [1] - Gold prices have surged over 61% in 2025, representing the strongest annual performance since the 1970s, primarily driven by Asian markets and central bank purchases [2] - Global gold ETF holdings increased by more than 450 tons, indicating the strongest annual inflow since 2020 [2] Market Forecasts - Bank of America has raised its 2026 gold price target to $5,000 per ounce, with an average price expectation of $4,400, suggesting that if investment demand grows at 14%, prices could reach $5,000, and under an optimistic scenario of 28% growth, prices might challenge $6,000 [3] - HSBC also emphasized that the gold market is expected to remain strong in 2026 due to continued official sector purchases and institutional diversification needs [3] Company Performance - Blue Hat Interactive Entertainment Technology sold 123 kilograms of gold in the first half of 2025, generating profits of approximately $4.87 million [4] - The company's gold holdings now exceed 1 ton, with unrealized gains surpassing $25 million since initiating its gold investment plan in August 2024 [4] - The CEO of Blue Hat highlighted the importance of gold as a safe-haven asset amid global economic uncertainty and noted that the company's gold investments are a crucial part of its diversification strategy [4]

Core Viewpoint - Scienjoy Holding Corporation reported a decline in revenues and net income for the second quarter and first half of fiscal year 2025, primarily due to a decrease in paying users in the competitive mobile live streaming market in China. However, the company is focused on advancing its "live streaming + gaming" ecosystem strategy and leveraging AI technologies to enhance user experience and drive growth [4][21]. Financial Performance - Total revenues for Q2 2025 decreased to RMB 349.0 million (US$ 48.7 million) from RMB 374.8 million in Q2 2024, a decline of approximately 6.5% [7][9]. - Gross profit for Q2 2025 was RMB 63.7 million (US$ 8.9 million), down from RMB 64.7 million in Q2 2024, while gross margin increased to 18.2% from 17.3% [7][11]. - Net income for Q2 2025 decreased to RMB 22.7 million (US$ 3.2 million) from RMB 33.4 million in Q2 2024, primarily due to a RMB 13.7 million decrease in the change in fair value of investments [7][17]. - For the first half of 2025, total revenues decreased to RMB 656.4 million (US$ 91.6 million) from RMB 691.1 million in the same period of 2024 [21]. - Gross profit for the first half of 2025 increased by 4.6% to RMB 123.2 million (US$ 17.2 million) from RMB 117.8 million in the same period of 2024, with gross margin rising to 18.8% from 17.0% [23][21]. User Metrics - Total paying users for Q2 2025 were 165,239, down from 189,860 in Q2 2024, reflecting the competitive landscape of China's mobile live streaming market [9][21]. - For the first half of 2025, total paying users decreased to 253,888 from 284,076 in the same period of 2024 [21]. Cost Management - Cost of revenues for Q2 2025 decreased to RMB 285.4 million (US$ 39.8 million) from RMB 310.1 million in Q2 2024, primarily due to a reduction in revenue sharing fees [10][22]. - Total operating expenses increased by 11.8% to RMB 40.4 million (US$ 5.6 million) for Q2 2025 from RMB 36.1 million in Q2 2024 [12]. Strategic Initiatives - The company is committed to its global expansion strategy, focusing on new markets to broaden its user base and diversify revenue streams [6]. - Scienjoy is enhancing its live streaming business and AI-driven initiatives, such as AI Vista, to deliver differentiated user experiences [5][8]. Cash Position - As of June 30, 2025, the company had cash and cash equivalents of RMB 298.5 million (US$ 41.7 million), an increase of RMB 46.0 million from RMB 252.5 million as of December 31, 2024 [32].

Financial Performance Highlights - TTM net bookings reached $7.4 billion[8] - Live Services accounted for 72% of total TTM net bookings[9] - TTM Return on Capital was $2.7 billion through stock repurchase program and cash dividends[7] - TTM Free Cash Flow was $1.8 billion[9] Q1 FY26 Results - Net bookings increased by 3% year-over-year to $1.298 billion[11] - Full game net bookings increased by 27% year-over-year[11] - Console net bookings increased by 2% year-over-year to $690 million[16] - PC & Other net bookings increased by 8% year-over-year to $320 million[16] FY26 Guidance - The company expects net revenue between $7.1 billion and $7.5 billion[23] - GAAP EPS is projected to be between $3.09 and $3.79[23] - The company anticipates operating cash flow between $2.2 billion and $2.4 billion[23]

Core Insights - VIP Play Inc. has appointed John Dermody as Chief Transformation & Revenue Officer, emphasizing the company's focus on innovation and long-term revenue growth [1][4] - Dermody brings over 20 years of experience in strategic executive roles, particularly in high-growth environments, and has a proven track record in leading transformations and driving commercial innovation [3][5] - The appointment is seen as a significant milestone for VIP Play, as Dermody will lead the development of the company's go-to-market strategy and revenue operations, aligning innovations with the company's mission [4][5] Company Overview - VIP Play, Inc. is a leader in mobile sports wagering, operating a proprietary technology platform in Tennessee and holding an interim iGaming and mobile sports-betting license in West Virginia [6] - The company offers a modern sportsbook with unique wager offerings, sweepstakes contests, and social features, supported by a cloud-native architecture and AI-driven product roadmap [6] - VIP Play aims to deliver secure, data-centric experiences while maintaining high standards of regulatory compliance and responsible gaming [6]