Chao City Technology Co., Ltd. announces audited consolidated annual results for the year ended December 31, 2023. The report showed that the Company's customer contract revenue reached RMB3,307.8 million, up 18.1% year-on-year; gross profit was RMB1,722.1 million, up 62.8%; profit for the year was RMB760.6 million, an increase of 164.7% year-on-year; the Company's owner-occupier profit was RMB512.8 million, an increase of RMB512.8 million. Increased 294.2%; Adjusted EBITDA was RMB674.6 million, up 80.0%. The Company's business includes innovative businesses such as generalist social, multi-audience social and boutique gaming, and its business size grew by 30.0% year-on-year in the Central and Northeast Africa region. The company actively pursues social responsibility and promotes the “Akiko Juvenile Protection Program” globally. The Board of Directors does not recommend a final dividend.

Chao City Technology Co., Ltd. announces audited consolidated annual results for the year ended December 31, 2023. The report showed that the Company's customer contract revenue reached RMB3,307.8 million, up 18.1% year-on-year; gross profit was RMB1,722.1 million, up 62.8%; profit for the year was RMB760.6 million, an increase of 164.7% year-on-year; the Company's owner-occupier profit was RMB512.8 million, an increase of RMB512.8 million. Increased 294.2%; Adjusted EBITDA was RMB674.6 million, up 80.0%. The Company's business includes innovative businesses such as generalist social, multi-audience social and boutique gaming, and its business size grew by 30.0% year-on-year in the Central and Northeast Africa region. The company actively pursues social responsibility and promotes the “Akiko Juvenile Protection Program” globally. The Board of Directors does not recommend a final dividend.