NASDAQ-NMS:SJ

Scienjoy Holding Corporation Reports Fiscal Year 2022 Financial Results

Retrieved on: 
Friday, April 28, 2023
SPAC, Qingdao, Partnership, Marketing, COVID-19, RMB, Limited, Acquisition, Artificial intelligence, Big data, Virtual reality, Growth, Ecosystem, Research, GP, Total, Cryptocurrency, Holding company

BEIJING, April 28, 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 year ended December 31, 2022.

Key Points: 
  • BEIJING, April 28, 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 year ended December 31, 2022.
  • Total paying users were 702,372 for the year ended December 31, 2022, compared to 840,640 for the year ended December 31, 2021.
  • As of December 31, 2022, the Company had cash and cash equivalents of RMB175.3 million (US$25.4 million), compared to RMB240.9 million as of December 31, 2021.
  • Mr. Victor He, Chairman and Chief Executive Officer of Scienjoy, commented, "We proudly to share our solid financial performance during fiscal year 2022.

Scienjoy Reports Second Quarter 2022 Unaudited Financial Results

Retrieved on: 
Thursday, September 15, 2022

BEIJING, Sept. 15, 2022 /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 second quarter and first half of fiscal year 2022 ended June 30, 2022.

Key Points: 

Scienjoy Reports Unaudited First Quarter 2022 Financial Results

Retrieved on: 
Thursday, June 30, 2022

BEIJING, June 30, 2022 /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, 2022.

Key Points: 

Scienjoy Supporting Herr Gallery and Time Gallery to Jointly Host Upcoming NFT Exhibition and Related Events

Retrieved on: 
Tuesday, June 21, 2022
Heart, Industry, New York Fashion Week, Los Angeles Fashion Week, AR, Painting, Blockchain, Pier59 Studios, Digital Angel, BioArt, New, Bleecker Street, Beetle, Knowledge, Augmented reality, Non-fungible token, Museum of Modern Art, Virtual reality, Blue coral, Dragonfly, NASDAQ, NFT, Angel, Social media, Fell Exhibition Slate Mine, The arts, VR, Silicon, Nightclub, Interior design, Caterpillar, Automoto, Locust, Metaverse, Radka

BEIJING, June 21, 2022 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, today announced that after two-year development of NFT art, Herr Gallery and Time Gallery, both located in New York City, will jointly host a public exhibition of NFT artworks and related events, which are scheduled to open on June 20 – 23, 2022, at Time Gallery, 178 Bleecker Street, New York City.

Key Points: 
  • With the technical support of Scienjoy, Herr Gallery and Time Gallery are pleased to announce that the NFT artworks to be exhibited will be the creations of the following artists.
  • Ms. Harvey has exhibited her paintings in New York with the Bernarducci-Meisel Gallery, Kathleen Cullen, and Kenise Barnes, among others.
  • The Museum of Modern Art's research center displayed Ms. Harvey's work in "Documenting Feminist Past: An Artworld Critique, 1960 to Now."
  • For more information, please visit www.herrgallery.com
    The public is also invited to enter Herr's Virtual Reality NFT Galleries, at these locations:

Scienjoy Enters into Agreements to Obtain Business Controls of Operation in Hangzhou to Facilitate its Business Expansion

Retrieved on: 
Friday, June 17, 2022
Association, Industry, Intellectual property, Security (finance), Public expenditure, AR, Blockchain, Company, Knowledge, Augmented reality, U.S. Securities and Exchange Commission, E-commerce, Private Securities Litigation Reform Act, Growth, Ecosystem, Multi-channel network, SEC, Virtual reality, MCN, Social media, VR, Agreement, Retail, Metaverse

Zhejiang is ranked No.1 in sales volume among all provinces, posting an increase of 124.6% year over year.

Key Points: 
  • Zhejiang is ranked No.1 in sales volume among all provinces, posting an increase of 124.6% year over year.
  • Hangzhou, the predominant city of E-Commerce business in China, features a comprehensive and mature ecosystem in all aspects of the e-commerce live streaming industry.
  • Our new base in Hangzhou will be the home for our living streaming E-Commerce and metaverse ecosystem business.
  • Leveraging the resources and business opportunities in the region, we are determined to develop and expand our metaverse related business.

Scienjoy Announces Strategic Alliance with MetaU on New NFT Project

Retrieved on: 
Wednesday, May 18, 2022
AR, Program, Knowledge, Company, Social media, U.S. Securities and Exchange Commission, Augmented reality, Environment, Uncertainty, Public expenditure, Virtual reality, Non-fungible token, VR, COVID-19, Commerce, Industry, Intellectual property, Blockchain, NFT, Private Securities Litigation Reform Act, SEC, Security (finance), Cryptocurrency, Video game, Metaverse, Haixiu 121-class tug

BEIJING, May 18, 2022 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (Nasdaq: SJ), a leading live entertainment mobile streaming platform in China, today announced that Scienjoy has formed a strategic alliance with MetaU, a company offering crypto exchange platform, to assist the Company to fulfill its mission of providing funding to artists interested in transforming their traditional arts to NFTs. MetaU expects to create an enabling environment and also provide the tools for both artists and collectors to list and purchase NFTs with virtual coins through its new NFT exchange platform scheduled to be launched in the third or fourth quarter of 2022.

Key Points: 
  • Mr. Dan Clayton, Chief Executive Officer of MetaU, commented, "I am thrilled with the strategic alliance with Scienjoy based on their interest in the NFT sector.
  • MetaU will be working with Scienjoy for the preparation of the anticipated launch of our MetaU NFT exchange platform in the third or fourth quarter of 2022."
  • Mr. Victor He, Chairman and Chief Executive Officer of Scienjoy, commented, "We are excited about the strategic alliance with MetaU and the expected launch of its NFT exchange platform.
  • With the new NFT exchange platform, we hope to provide independent artists a platform to transform and show their unique art works."

Scienjoy Holding Corporation Reports Fiscal Year 2021 Financial Results

Retrieved on: 
Tuesday, May 17, 2022
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BEIJING, May 17, 2022 /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 year ended December 31, 2021.

Key Points: 
  • BEIJING, May 17, 2022 /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 year ended December 31, 2021.
  • Net income in fiscal year 2021 decreased to RMB170.0 million (US$26.7 million) from RMB176.1 million in fiscal year 2020.
  • Mr. Victor He, Chairman and Chief Executive Officer of Scienjoy, commented, "We concluded fiscal year 2021 with solid financial and operational results, which demonstrated the strong resilience of our business model.
  • Mr. Denny Tang, Chief Financial Officer of Scienjoy, added, "We continued building up our momentum and achieved encouraging results across our business in fiscal year 2021.

Scienjoy to Launch a New Program to Provide Funding to Artists for Transforming Traditional Arts to NFTs

Retrieved on: 
Tuesday, March 29, 2022
Budget, Company, Augmented reality, VR, Blockchain, Public expenditure, AR, SEC, Program, U.S. Securities and Exchange Commission, Private Securities Litigation Reform Act, NFT, Virtual reality, Industry, Knowledge, COVID-19, Intellectual property, Social media, Security (finance), Video game, Interior design, Metaverse

The Program is expected to create hundreds of opportunities for more than 300 artists across the world.

Key Points: 
  • The Program is expected to create hundreds of opportunities for more than 300 artists across the world.
  • Scienjoy has already established several initiatives to support the traditional artists, including aNFT program that allows mural in downtown New York City to launch a gamified blind box for auction.
  • Scienjoy also introduced dedicated European artists for NFT creation and showcased unique artworks connected to live performances in Art exhibitions in Los Angeles.
  • The Program marks a significant effort to support the arts in the NFT market.