Yuewen Group (00772) announced interim results. Revenue of 3,531 billion yuan increased 10.68% year on year IP operating business revenue reached 41.9% year on year

According to Zhitong Finance App News, Yuewen Group (00772) announced its interim results for the six months ended June 30, 2026. The group obtained revenue of RMB 3,531 billion (same unit), an increase of 10.68%; gross profit of RMB 1,792 billion, an increase of 11.15%; the company's equity holders should account for profit of RMB 135 million; profit per share of RMB 0.13.

The announcement said. In the first half of 2026, online reading faced increasingly diverse and rapidly expanding competition from the IP visualization market. In this context, the boutique online reading business of reading articles still maintained a healthy and vibrant ecosystem, which promoted the creation of high-quality and wonderful works. Young authors continue to emerge, and leading writers continue to launch high-quality new works, further consolidating the foundation of IP incubation. At the same time, the IP operating business performed strongly, with revenue growth of 41.9% year-on-year. In particular, the new circuit of skits and AI comics ushered in explosive growth after active layout and deep application of AI technology. In the first half of the year, related revenue exceeded 430 million yuan, an increase of 2.3 times over the previous year. Among them, the popularity rate of short dramas has reached four times the market average; 46 AI comics have already surpassed 100 million broadcasts, and the playback rate of one million has reached five times the industry average. The Group's IP derivatives business also maintained a strong growth trend. GMV reached 780 million yuan in the first half of the year, an increase of more than 60% over the previous year.

The Group's online reading ecosystem is a “super reservoir” of quality content. In the first half of 2026, the platform attracted about 240,000 new writers, created more than 460,000 online literary works, added more than 30 billion words, and abundant supply. The rise of a new generation of writers accelerated. Among the writers newly signed in the first half of the year and earning more than 1 million yuan, the proportion of those under 30 reached 57%, an increase of 49% over the previous year. Potential masterpieces continue to emerge. The number of works collected by users on the starting platform increased 37% year over year, and the number of works receiving monthly passes increased 26% year over year. With the return of Ultra Head Platinum Daishin at high frequency, 2 more titles attracted over 200,000 users to read on the first day of their launch, breaking the platform's debut record.