Revenue surpassed US$607 million, and “globalization+AI” drove the strong performance growth of Chizicheng Technology (09911) in the first half of 2026

Zhitong Finance App learned that on August 25, Chizicheng Technology (09911) announced the 2026 interim results. For the six months ended June 30, 2026, the company achieved total revenue of US$607 million, an increase of about 37.0% year on year; profit attributable to equity shareholders of about US$99 million, an increase of about 45.8% year on year; adjusted EBITDA of about US$111 million, an increase of 23.6% year on year.

According to the announcement, the first half of 2026 is a critical stage in the deepening of the company's globalization strategy. During the period, the company's performance continued its strong growth trend, and the multi-market growth pattern was formed at an accelerated pace. As core products achieve breakthroughs in many new markets, AI capabilities continue to deepen, and innovative businesses grow steadily, the company's revenue scale, profitability and business quality have steadily increased, and long-term growth momentum continues to increase.

Global expansion combined with deep AI empowerment, social business continues to grow

In the first half of 2026, the Chizicheng Technology social networking business maintained rapid growth, with revenue reaching US$539 million, an increase of 36.5% over the previous year. In the context of the continuous expansion of the global social entertainment circuit, the company uses a global layout and full AI link deep empowerment to drive the continuous release of social business value.

In the first half of this year, the company further promoted the “product replication+national replication” strategy, and achieved remarkable results in global business development. With deep localized operation capabilities, the company continues to consolidate its leading position in core markets such as the Middle East, North Africa, and Southeast Asia. At the same time, the competitiveness of flagship products has been further strengthened in emerging markets such as Latin America, and continues to break through in opportunity markets such as East Asia, Europe, and North America, and the global layout is becoming more and more perfect.

During the period, the revenue of the companion social networking platform SUGO increased by more than 60% year-on-year, and the core operating indicators continued to improve. According to point data, in the first half of the year, SUGO remained at the top 3 of the iOS social app bestseller list in core markets such as Saudi Arabia and the United Arab Emirates, held the top 5 iOS social app bestsellers in many Southeast Asian countries, entered the top 10 iOS social app bestsellers in major Latin American markets such as Mexico and Brazil, and also entered the top of the list in European markets such as France and Germany. According to the “Global Social Entertainment Index Report (SGC 2026)”, in the second quarter of 2026, SUGO made a strong entry into the top 3 of the “Global Social Entertainment Composite Index App List”. It is the most advanced product in the TOP10, reflecting the rise in competitiveness in the dating and dating segment.

In the first half of the year, the game social networking platform TopTop continued to deepen its layout around high-value markets, and revenue increased by about 30% year-on-year. While continuously stabilizing its position in the Middle East and North Africa market, TopTop has also made many breakthroughs in new markets. In East Asia, TopTop has entered the top 10 free iOS casual game lists in Japan and Korea several times; in the European and North American markets, TopTop has made positive progress by adapting products, accumulating awareness, and cultivating community ecology in line with local needs.

The live streaming social networking platform MICO and the voice social networking platform YoHo continue to maintain their leading edge in segmented tracks. MICO has long been at the top of iOS social app bestsellers in markets such as Saudi Arabia, the United Arab Emirates, and Thailand; YoHo has long been in the top 10 best-selling iOS social apps in the Middle East and North Africa core markets such as Oman and the United Arab Emirates. The two products maintain good competitiveness in multiple advantageous markets, and continue to improve the localization operation and content ecosystem construction.

The company's social networking business for diverse groups is also growing steadily. HeeSay, a global multi-community community, has steadily deepened its influence in the dominant market in Southeast Asia, and has steadily ranked in the top 10 best-selling iOS social apps in Southeast Asia. At the beginning of the year, HeeSay held an annual festival in Thailand and launched the user interview program “He So Glam”. Through continuous improvement of community operations and a rich content ecosystem, global brand influence continues to grow.

The innovative business has grown dramatically, and AI is driving the steady progress of the skit business

The company's innovative business achieved revenue of US$68 million in the first half of the year, an increase of 41.2% over the previous year. Among them, the AI-driven skit business recorded growth, complementing the revenue from the innovative business.

According to market research firm Omdia, the overall revenue of the global skit market will reach $14 billion by the end of 2026. The company's short drama platform Playlet Precision Card is used in high-paying markets such as the US, Japan, and South Korea, and mass-produces series adapted to local aesthetics. In the first half of the year, the in-depth application of AI technology further unleashed content production capacity, broke creative limitations, increased the efficiency of single drama launch by more than 60%, and provided strong support for global expansion. At the beginning of July, Playlet topped the list of free iOS entertainment apps in Japan, according to point data.

Furthermore, boutique games are developing steadily, and flagship games maintain long-term operation and profit recovery. With the accumulation of R&D and operation experience, the company's game team's ability to develop new products has also been further enhanced. In the first half of the year, the commercialization of the three new games progressed smoothly, gradually showing potential for scaling up.

The social e-commerce business continues to deepen in the field of health services, and professional barriers continue to deepen. Recently, the results of collaborative research between Hormone Health and Tsinghua University were included and exhibited at the 26th International AIDS Conference. At the same time, the Hormone Health Internet Hospital was included in the “AIDS Prevention” mini-program of the Chinese Center for Disease Control and Prevention Center.

AI empowerment promotes continuous efficiency improvement across the entire link, and further enriches the AI application landscape

The AI application layout of Chizicheng Technology also continues to deepen. In the first half of the year, the AI game community Aippy grew rapidly. Currently, the number of global downloads exceeds 4 million. DAU has increased about 6 times compared to the beginning of the year, and user retention performance is among the highest in the industry. At the same time, the company deployed the AI agent payment project nUSD Pay, and AI application scenarios were further expanded.

In addition, the company continues to invest in the AI industry, and has successively invested in projects in fields such as world models and AI native game engines, AI interactive games, and AI advertising and marketing, further enriching the AI application landscape.

In the first half of the year, the company continued to deepen the application of AI capabilities in key areas such as industrial research, social recommendation, intelligent operation, safety risk control, and marketing launch to support business development. In the marketing and marketing process, the company's intelligent creative production platform Rubik's Cube collaborates deeply with the intelligent marketing platform to establish an efficient and closed loop of comprehensive AI from popular model identification, material creation, price adjustment, and launch management, significantly improving marketing efficiency. At the product operation level, the intelligent data platform Siyu continuously improves analytical capabilities, reducing the processing time of some complex analysis tasks from heaven to minutes; the intelligent design platform KIVI continues to expand design capabilities, further improve the production efficiency of virtual gifts and UI interfaces, and enrich operation activities.

Furthermore, the company continues to fulfill its shareholder return promises. As of July 30, the company had implemented three share repurchases and cancellations during the year, with a total cancellation of approximately 12.87 million shares, involving a total repurchase amount of over HK$108 million, effectively increasing the level of profit per share. In addition to improving profits, it has become a positive factor that further boosts market confidence.