On May 21, GLONGHUI (06899.HK) announced that Allied Gaming & Entertainment Inc. (“AGAE”), an indirect non-wholly-owned subsidiary of the Company, announced its financial results for the three months ended March 31, 2024. According to US GAAP, in the first quarter of 2024, AGAE achieved total revenue of US$2.3791 million, an increase of 99.35% over the previous year; net loss of US$1,829,500, and a net loss of US$1,893,800 for the same period last year.
联众(06899.HK)：AGAE一季度AGAE总收入237.91万美元 同比增长99.35%
Lianzhong (06899.HK): AGAE's total revenue in the first quarter of AGAE was 2.37910,000 US dollars, up 99.35% year-on-year
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