NASDAQ-NMS:SJ

Scienjoy Holding Corporation Reports Fiscal Year 2023 Financial Results

Retrieved on: 
Friday, April 26, 2024
Total, Investment, AI, Research, L.L.C, RMB, Acquisition, Face, Marketing, Cryptocurrency

BEIJING, April 26, 2024 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "we") (NASDAQ: SJ), an interactive entertainment leader in the Chinese market, today announced its financial results for the year ended December 31, 2023.

Key Points: 
  • BEIJING, April 26, 2024 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "we") (NASDAQ: SJ), an interactive entertainment leader in the Chinese market, today announced its financial results for the year ended December 31, 2023.
  • Total revenues decreased to RMB1,464.9 million (US$206.3 million) for the year ended December 31, 2023 from RMB1,953.3 million for the year ended December 31, 2022.
  • Total paying users were 557,692 for the year ended December 31, 2023, compared to 702,372 for the year ended December 31, 2022.
  • Mr. Denny Tang, Chief Financial Officer of Scienjoy, added, "For the fiscal year 2023, our total net revenue witnessed a moderate decline in the face of business transition and market fluctuations.

Scienjoy Subsidiary, Scienjoy Meta Technology L.L.C, Introduces AI Mate & AI Vision: Entering a New Era of Predictive Personal Assistance

Retrieved on: 
Monday, April 1, 2024
Social integration, Algorithm, Today, Dubai Opera, Knowledge, Artificial intelligence, Transport, AI, Life, Creativity, SJ, Government, Medical device

AI Mate is a personal AI application for mobile devices beyond basic command responses to anticipate and cater to users' needs through personalization.

Key Points: 
  • AI Mate is a personal AI application for mobile devices beyond basic command responses to anticipate and cater to users' needs through personalization.
  • Introduced alongside AI Mate, AI Vision represents SJ AI's bold stride into the forefront of creative innovation.
  • AI Mate may change the landscape of personal AI assistant with its predictive personalization and a comprehensive suite of services, epitomizing our mission to seamlessly integrate AI into daily life.
  • He also added, "As AI Mate and AI Vision embark on their market journey, SJ AI maintains its focus on AI innovation, supported by Scienjoy's commitment to developing technologies that profoundly enhance and elevate human experiences."

Scienjoy's Highly Anticipated 2023 Annual Gala and Award Ceremony Showcases the Livestreaming Industry

Retrieved on: 
Tuesday, January 30, 2024
Eye, Ecology, Northern Beaches, MCN, SJ

BEIJING, Jan. 30, 2024 /PRNewswire/ -- Scienjoy Holding Corporation (NASDAQ: SJ) ("Scienjoy" or the "Company"), an interactive entertainment leader in the Chinese market, today announced that the offline event of its 2023 Annual Gala and Award Ceremony (the "2023 Gala") has been held in Beijing today, marking Scienjoy's 8th consecutive year of holding the Annual Gala and Award Ceremony (the "Annual Gala").

Key Points: 
  • BEIJING, Jan. 30, 2024 /PRNewswire/ -- Scienjoy Holding Corporation (NASDAQ: SJ) ("Scienjoy" or the "Company"), an interactive entertainment leader in the Chinese market, today announced that the offline event of its 2023 Annual Gala and Award Ceremony (the "2023 Gala") has been held in Beijing today, marking Scienjoy's 8th consecutive year of holding the Annual Gala and Award Ceremony (the "Annual Gala").
  • Recognized as a longstanding IP within the industry, the Annual Gala not only empowers its partners and broadcasters but also stands as a hallmark of recognition.
  • A total of 76 broadcasters and over 100 multi-channel networks ("MCN") have been received awards in this year's Annual Gala.
  • The Annual Gala serves as a platform to empower our partners in the livestreaming industry, engaging the platforms, broadcasters, and MCNs to participate in this influential event.

Scienjoy to Participate and Present in Two Upcoming Investor Conferences

Retrieved on: 
Monday, January 22, 2024
Conference, Condado Vanderbilt Hotel, SJ

BEIJING, Jan. 22, 2024 /PRNewswire/ -- Scienjoy Holding Corporation (NASDAQ: SJ) ("Scienjoy" or the "Company"), an interactive entertainment leader in the Chinese market, today announced that its Chief Financial Officer, Mr. Denny Tang, will participate and present in both group presentation and private one-on-one meetings with analysts and investors at two upcoming investor conferences.

Key Points: 
  • BEIJING, Jan. 22, 2024 /PRNewswire/ -- Scienjoy Holding Corporation (NASDAQ: SJ) ("Scienjoy" or the "Company"), an interactive entertainment leader in the Chinese market, today announced that its Chief Financial Officer, Mr. Denny Tang, will participate and present in both group presentation and private one-on-one meetings with analysts and investors at two upcoming investor conferences.
  • Sequire Investor Summit being held from January 23 to January 25, 2024 at Condado Vanderbilt Hotel in San Juan, Puerto Rico.
  • For more information, please visit: https://puertorico.srax.com/ .
  • The Microcap Conference being held from January 30 to Febuary 1, 2024 at Caesars Atlantic City Hotel & Casino in Atlantic City, New Jersey.

Scienjoy Holding Corporation Reports Nine months ended September 30, 2023 Unaudited Financial Results

Retrieved on: 
Friday, December 15, 2023
Acquisition, Research, Investment, RMB, Marketing, COVID-19, Partnership, Total, Rare-earth element, Cryptocurrency, Reinsurance, Holding company

BEIJING, Dec. 15, 2023 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "we") (NASDAQ: SJ), an interactive entertainment leader in the Chinese market, today announced its unaudited financial results for the nine months ended September 30, 2023.

Key Points: 
  • BEIJING, Dec. 15, 2023 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "we") (NASDAQ: SJ), an interactive entertainment leader in the Chinese market, today announced its unaudited financial results for the nine months ended September 30, 2023.
  • Gross profit decreased to RMB138.6 million (US$19.0 million) for the nine months ended September 30, 2023 from RMB278.2 million in the same period of 2022.
  • Total paying users were 458,590 for the nine months ended September 30, 2023, compared to 596,449 in the same period of 2022.
  • Total operating expenses for the nine months ended September 30, 2023 increased by 19.3% to RMB130.0 million (US$17.8 million) for the nine months ended September 30, 2023 from RMB108.9 million in the same period of 2022.

Scienjoy to Participate and Present at the LD Micro Main Event XVI on October 3-5, 2023

Retrieved on: 
Monday, October 2, 2023
Webcast, PST, SJ, Nightclub, Cryptocurrency

BEIJING, Oct. 2, 2023 /PRNewswire/ -- Scienjoy Holding Corporation (NASDAQ: SJ) ("Scienjoy" or the "Company"), a leading provider of live streaming and entertainment platforms in the Chinese market, today announced that the Company's key executives will participate and present in both group presentation and private one-on-one meetings with analysts and investors at the LD Micro Main Event XVI being held from October 3-5, 2023 at the Luxe Sunset Boulevard Hotel in Los Angeles, California.

Key Points: 
  • BEIJING, Oct. 2, 2023 /PRNewswire/ -- Scienjoy Holding Corporation (NASDAQ: SJ) ("Scienjoy" or the "Company"), a leading provider of live streaming and entertainment platforms in the Chinese market, today announced that the Company's key executives will participate and present in both group presentation and private one-on-one meetings with analysts and investors at the LD Micro Main Event XVI being held from October 3-5, 2023 at the Luxe Sunset Boulevard Hotel in Los Angeles, California.
  • The Company's presentation will begin at 9:30 a.m. PST on October 3, 2023, and it can be accessed via a webcast streamed live at https://me23.sequireevents.com/ .
  • Scienjoy will host one-on-one meetings with investors on Tuesday, October 3 and Wednesday, October 4, 2023.
  • To register to watch the presentation, please visit: https://me23.sequireevents.com/ .

Scienjoy Amplifies its Metaverse Vision with Key Strategic Initiatives in Dubai

Retrieved on: 
Thursday, September 28, 2023
MCN, CSO, Government, Dubai International Airport, MOU, Drug

BEIJING, Sept. 28, 2023 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy," or the "Company") (NASDAQ: SJ), a leading provider of live streaming and entertainment platforms in the Chinese market, today unveiled key advancements in its metaverse undertakings:

Key Points: 
  • BEIJING, Sept. 28, 2023 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy," or the "Company") (NASDAQ: SJ), a leading provider of live streaming and entertainment platforms in the Chinese market, today unveiled key advancements in its metaverse undertakings:
    In tandem with the visionary metaverse strategy of the government of Dubai , Scienjoy proudly establishes "Scienjoy Verse Tech Ltd" ("SVTL") at the Dubai International Financial Centre (DIFC).
  • As the major shareholder, Scienjoy intends for SVTL to become the epicenter of the global metaverse business, uniting the essence of SJ Verse with the opulence of Dubai's premium culture and world-class lifestyle.
  • With the vision of integrating global ambitions with regional expertise, Scienjoy is thrilled to welcome Dr. Khalifa Al Shimmari as the Chief Strategy Officer (CSO) of SVTL.
  • His significant local understanding and influence will be instrumental in navigating Scienjoy to a preeminent position in the Dubai metaverse ecosystem and facilitating local support.

Scienjoy Reports Second Quarter 2023 Unaudited Financial Results

Retrieved on: 
Wednesday, September 6, 2023
SPAC, Total, SDA, Partnership, SJ, Marketing, COVID-19, Goldenbridge, Acquisition, Ecosystem, Research, MENA, AI, Rare-earth element, Cryptocurrency, Retail, Insurance, Security (finance), Peng Hongling, Metaverse

BEIJING, Sept. 6, 2023 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (NASDAQ: SJ), a leading provider of live streaming and entertainment platforms, today announced its financial results for the second quarter and first half of fiscal year 2023 ended June 30, 2023.

Key Points: 
  • BEIJING, Sept. 6, 2023 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (NASDAQ: SJ), a leading provider of live streaming and entertainment platforms, today announced its financial results for the second quarter and first half of fiscal year 2023 ended June 30, 2023.
  • With our recent strategic investment in DVCC TECHNOLOGY L.L.C ("DVCC"), Scienjoy is taking bold steps to embrace the metaverse revolution.
  • Mr. Denny Tang, Chief Financial Officer of Scienjoy, added, "During the second quarter of 2023, we have seen a significant increase of 41.3% to RMB86.8 million (US$12.0 million) in adjusted net income attributable to the Company's shareholders, despite a decrease in net revenues.
  • The Company expects its total net revenues to be in the range of RMB330 million to RMB360 million in the third quarter of 2023.

Scienjoy Announces Strategic Investment in DVCC TECHNOLOGY L.L.C to Facilitate its Metaverse Transformation

Retrieved on: 
Wednesday, September 6, 2023
Partnership, Acquisition, Dubai World Cup, MENA, Hotel, Entertainment

This strategic acquisition marks a transformative chapter for Scienjoy as it embraces the metaverse evolution.

Key Points: 
  • This strategic acquisition marks a transformative chapter for Scienjoy as it embraces the metaverse evolution.
  • DVCC, led by visionary CEO Zafer Isik, is a Dubai-based metaverse company spearheading the creation of the "Dubai Verse Cup," an innovative horse racing metaverse project.
  • "Our investment in DVCC underscores our dedication to pioneering innovation and shaping the metaverse landscape," said Mr. Victor He, CEO of Scienjoy, "This strategic step empowers Scienjoy's transition from mobile entertainment to metaverse lifestyle, as we leverage AI-powered technology to redefine how people experience entertainment globally.
  • Mr. Zafer Isik, CEO of DVCC, expressed his enthusiasm: "We are delighted to partner with Scienjoy, an industry leader that shares our vision for the metaverse.

Scienjoy Reports Unaudited First Quarter 2023 Financial Results

Retrieved on: 
Saturday, June 24, 2023
SPAC, Marketing, COVID-19, Research, Acquisition, Growth, Ecosystem, MENA, AI, Total, Video game, Reinsurance, Holding company, Beauty salon, Cryptocurrency, Security (finance), Metaverse

BEIJING, June 23, 2023 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, today announced its financial results for the first quarter ended March 31, 2023.

Key Points: 
  • BEIJING, June 23, 2023 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, today announced its financial results for the first quarter ended March 31, 2023.
  • Gross profit was RMB40.1 million (US$5.8 million) in the first quarter of 2023, as compared with RMB114.5 million in the same period of 2022.
  • Gross margin was 13.2% in the first quarter of 2023, as compared with 24.7% in the same period of 2022.
  • Total paying users were 181,974 in the first quarter of 2023, as compare with 248,988 in the same period of 2022.