华泰证券发表研究报告指出，赤子城科技发布业绩盈喜，预期今年上半年取得收入约为31.35至32.15亿 元，按年增长约38%至41.5%；归属母公司股东的净利润约为4.7亿至5.1亿元，按年增长108.9%至 126.7%；经调整EBITDA约为6.3至6.7亿元，按年增长约40.6%至49.6%。 考虑公司社交产品收入表现优异，AI 赋能亦将带动未来社交产品收入增长，且新产品有望提供新增 量，该行维持公司2025至2027年归母净利润预测为9.49亿、12.25亿、14.61亿元。参考可比公司2025年 平均市盈率14倍(前值12倍)，该行上调公司2025年市盈率估值至20倍，目标价从12.24港元上调至14.6港 元，维持"买入"评级。 ...

Core Viewpoint - The company, Zhizi City Technology (9911.HK), experienced a significant stock price increase of over 13%, reaching HKD 11.61, following the announcement of a positive earnings forecast for the first half of 2025 [1] Financial Performance Summary - The company expects total revenue for the first half of 2025 to be approximately RMB 31.35-32.15 billion, representing a year-on-year growth of about 38%-41.5% [1] - The net profit attributable to shareholders is projected to be around RMB 4.7-5.1 billion, indicating a year-on-year increase of 108.9%-126.7% [1] - Adjusted EBITDA is anticipated to be approximately RMB 6.3-6.7 billion, reflecting a year-on-year growth of about 40.6%-49.6% [1] Growth Drivers - The profit increase is attributed to the company's utilization of AI technology to drive steady growth in diversified social products [1] - The financial performance is also bolstered by the completion of the acquisition of non-controlling interests in NBT Social Networking Inc. in December 2024, with all financial results now attributable to the company's equity shareholders [1]

格隆汇8月7日｜赤子城科技(9911.HK)盘中拉升，一度涨超13%，报11.61港元，截至目前暂成交1.2亿港 元。 利润增厚得益于"集团借助AI技术推动多样化社交产品持续的稳步增长，以及公司于2024年12月完成对 NBT Social Networking Inc.非控股权益的收购，其财务业绩全部归属于公司的权益股东"。 (责任编辑：宋政 HN002) 消息面上，公司昨晚发盈喜，预计2025年上半年公司总收入约为人民币31.35-32.15亿元，同比增长约 38%-41.5%；归属母公司股东的净利润约为4.7-5.1亿元，同比增长108.9%-126.7%；经调整EBITDA约为 6.3-6.7亿元，同比增长约40.6%-49.6%。 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com ...

Core Viewpoint - The company, Zhizi City Technology (9911.HK), anticipates significant growth in revenue and profit for the first half of 2025, driven by the dual development of its social and innovative businesses, as well as the impact of acquiring non-controlling interests in NBT Social Networking Inc. by the end of 2024 [1] Financial Performance - Total revenue for the six months ending June 30 is expected to be approximately RMB 3.135 to 3.215 billion, representing a year-on-year increase of about 38% to 41.5% [1] - Net profit attributable to shareholders is projected to be around RMB 470 to 510 million, reflecting a year-on-year growth of 108.9% to 126.7% [1] - Adjusted EBITDA is estimated to be between RMB 630 to 670 million, indicating a year-on-year increase of approximately 40.6% to 49.6% [1] Growth Drivers - The profit increase is attributed to the company's utilization of AI technology to drive steady growth in diverse social products [1] - The completion of the acquisition of NBT Social Networking Inc. in December 2024 has contributed to the financial performance being fully attributable to the company's equity shareholders [1]

Core Viewpoint - The company, Zhizi City Technology (9911.HK), anticipates significant growth in revenue and profit for the first half of 2025, driven by the dual development of its social and innovative businesses, as well as the acquisition of non-controlling interests in NBT Social Networking Inc. completed at the end of 2024 [1] Financial Performance - Total revenue for the six months ending June 30 is expected to be approximately RMB 3.135 to 3.215 billion, representing a year-on-year increase of about 38% to 41.5% [1] - Net profit attributable to shareholders is projected to be around RMB 470 to 510 million, reflecting a year-on-year growth of 108.9% to 126.7% [1] - Adjusted EBITDA is estimated to be between RMB 630 to 670 million, indicating a year-on-year increase of approximately 40.6% to 49.6% [1] Growth Drivers - The profit increase is attributed to the company's utilization of AI technology to drive steady growth in diverse social products [1] - The financial performance of NBT Social Networking Inc. is fully attributed to the company's equity shareholders following the acquisition completed in December 2024 [1]

Core Viewpoint - Zhi Zi Cheng Technology (09911) has seen a nearly 3% increase in stock price, currently at HKD 10.68, with a trading volume of HKD 27.11 million. The company reported significant growth in its social business and innovative business revenues for the upcoming fiscal period [1]. Group 1: Social Business Performance - As of June 30, 2025, the cumulative download of the company's social business reached approximately 870 million, an increase of about 5.5% from March 31, 2025 [1]. - The average monthly active users for the social business in the second quarter of 2025 reached approximately 33.85 million, reflecting a quarter-on-quarter growth of about 3.1% [1]. - The total revenue for the social business for the six months ending June 30, 2025, is expected to be around RMB 2.8 billion to 2.86 billion, representing a year-on-year growth of approximately 35.4% to 38.3% compared to 2024 [1]. Group 2: Innovative Business Performance - For the six months ending June 30, 2025, the total revenue from the innovative business is anticipated to be around RMB 335 million to 355 million, indicating a year-on-year growth of approximately 65.0% to 74.9% compared to 2024 [1]. - The significant growth in the social business revenue is attributed to the company's utilization of AI technology to drive the steady growth of diverse social products [1]. - The steady increase in innovative business revenue is primarily due to the robust development of traffic monetization and social e-commerce, along with contributions from high-quality games developed by the company [1].

公告称，集团社交业务于2025年上半年收入同比大幅增长，主要归因于集团借助AI技术推动多样化社 交产品持续稳步增长。创新业务收入的稳步增长，主要得益于集团的流量变现、社交电商等业务的稳健 发展，以及集团研发的精品游戏亦贡献了收入。 消息面上，近日，赤子城科技公布，截至2025年6月30日止，该集团社交业务累计下载量达约8.7亿，较 2025年3月31日上升约5.5%；2025年第二季度，该集团社交业务平均月活达约3,385万，环比增长约 3.1%；及截至2025年6月30日止六个月，该集团社交业务总收入预期将取得约人民币28亿元至28.6亿 元，较2024年同期增长约35.4%至38.3%。 此外，截至2025年6月30日止六个月，该集团创新业务总收入预期将取得约人民币3.35亿元至3.55亿元， 较2024年同期增长约65.0%至74.9%。 赤子城科技(09911)涨近3%，截至发稿，涨2.69%，报10.68港元，成交额2710.77万港元。 ...

智通财经APP获悉，赤子城科技(09911)涨近3%，截至发稿，涨2.69%，报10.68港元，成交额2710.77万 港元。 此外，截至2025年6月30日止六个月，该集团创新业务总收入预期将取得约人民币3.35亿元至3.55亿元， 较2024年同期增长约65.0%至74.9%。 公告称，集团社交业务于2025年上半年收入同比大幅增长，主要归因于集团借助AI技术推动多样化社 交产品持续稳步增长。创新业务收入的稳步增长，主要得益于集团的流量变现、社交电商等业务的稳健 发展，以及集团研发的精品游戏亦贡献了收入。 消息面上，近日，赤子城科技公布，截至2025年6月30日止，该集团社交业务累计下载量达约8.7亿，较 2025年3月31日上升约5.5%；2025年第二季度，该集团社交业务平均月活达约3,385万，环比增长约 3.1%；及截至2025年6月30日止六个月，该集团社交业务总收入预期将取得约人民币28亿元至28.6亿 元，较2024年同期增长约35.4%至38.3%。 ...