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Guohai Securities Research Report pointed out that Chinese-Online plans to go public in Hong Kong to expand its overseas strategy to open up room for growth. According to SensorTower's November 2025 global skit app turnover data, the company's investment and self-developed skit platforms, ReelShort and FlareFlow, both ranked in the top 6 in the world. This listing may help the company broaden financing channels to expand the supply and distribution scale of overseas skits and drive the rapid growth of the two major platforms; enhance the influence of Chinese online overseas brands, facilitate cross-border mergers and acquisitions, and expand overseas markets; effectively avoid exchange costs and enhance operating efficiency. The company pioneered the AI comic layout. As of November 2025, it had produced “Strike Back from the Mother Child” which had more than 100 million views, and the album of the first AI3D comic “The Return of the Immortals” had more than 64 million views. In terms of IP cultivation, “The Legend of Luo Xiaohei 2” had a domestic summer box office of 533 million yuan, and officially landed in the US, Canada and other regions in September 2025, continuing to expand its IP influence. Furthermore, the overseas short drama market is booming, and the leading effect on the industry is remarkable.

Zhitongcaijing·12/22/2025 05:33:03
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Guohai Securities Research Report pointed out that Chinese-Online plans to go public in Hong Kong to expand its overseas strategy to open up room for growth. According to SensorTower's November 2025 global skit app turnover data, the company's investment and self-developed skit platforms, ReelShort and FlareFlow, both ranked in the top 6 in the world. This listing may help the company broaden financing channels to expand the supply and distribution scale of overseas skits and drive the rapid growth of the two major platforms; enhance the influence of Chinese online overseas brands, facilitate cross-border mergers and acquisitions, and expand overseas markets; effectively avoid exchange costs and enhance operating efficiency. The company pioneered the AI comic layout. As of November 2025, it had produced “Strike Back from the Mother Child” which had more than 100 million views, and the album of the first AI3D comic “The Return of the Immortals” had more than 64 million views. In terms of IP cultivation, “The Legend of Luo Xiaohei 2” had a domestic summer box office of 533 million yuan, and officially landed in the US, Canada and other regions in September 2025, continuing to expand its IP influence. Furthermore, the overseas short drama market is booming, and the leading effect on the industry is remarkable.