The adjusted profit attributable to shareholders of Chizicheng Technology (09911) realized equity in the first half of the year was US$101 million, an increase of 18.7% year-on-year

According to the Zhitong Finance App, Chizicheng Technology (09911) announced its 2026 interim results. Customer contract revenue was approximately US$607 million, an increase of 37.0% over the previous year. Gross profit was US$351 million, up 42.1% year over year. Profit attributable to the company's equity shareholders was US$99.3 million, an increase of 45.8% over the previous year. The adjusted profit attributable to the company's equity shareholders was US$101 million, an increase of 18.7% over the previous year. Adjusted EBITDA was US$111 million, up 23.6% year over year. Basic earnings per share were $0.08. Among them, the social networking business continued to develop strongly, with revenue reaching US$539 million, an increase of 36.5%; the innovative business maintained rapid growth, achieving revenue of US$68 million, an increase of 41.2% over the previous year.

According to the announcement, the performance has benefited from the continuous promotion and in-depth implementation of “national replication+product replication”. In the first half of this year, the company achieved remarkable results in global business expansion. While continuing to consolidate competitive barriers in advantageous markets such as the Middle East, North Africa and Southeast Asia, the company also achieved varying degrees of positive progress in new markets such as Latin America, East Asia, Europe, and North America, and the global user coverage was further expanded. With the overall advancement of product power, operation power, organizational power, and AI capabilities, as well as the continuous improvement of the multi-product and multi-market pattern, the company's systemic advantages have been further demonstrated, and its competitiveness and influence in the global social entertainment industry continues to increase.

During the reporting period, AI technology has become an important force driving the quality and efficiency of the company's business. In the first half of the year, the company's token calls increased more than 100 times year-on-year, reflecting the deep integration of AI technology with various business aspects such as R&D, operation and marketing. In social products, AI has been widely used in key aspects such as recommendation matching, social assistance, intelligent operation, material design, and safety risk control to continuously improve product operation efficiency and optimize user experience. In the marketing customer acquisition process, the company has established a closed AI marketing loop covering popular material recognition and large-scale production, creative generation, intelligent delivery and launch management. Furthermore, the company continues to promote the layout of AI applications and explore more possibilities for the integrated development of artificial intelligence and social entertainment.

In addition, the company actively promotes brand operations in key markets, increasing the popularity of flagship products and strengthening links with local markets by holding various user events and brand events such as annual creators' festivals, in-site themed events, and offline advertisements.

At the beginning of the year, the company was transferred to the Hong Kong Stock Exchange Securities List, which further enhanced stock liquidity and broadened the participation channels for mainland Chinese investors. The company always adheres to the long-term principle and continues to promote share repurchases and cancellation. During the reporting period, the company bought back 10.206 million shares, with a total amount exceeding HK$85 million, and cancelled 5.174 million shares. The Board of Directors believes that share buybacks and cancellations are beneficial to enhancing long-term shareholders' value, and are confident in the market prospects and their own business prospects.