The Zhitong Finance App learned that Chizicheng Technology (09911) rose more than 8%. As of press release, it had risen 8.6% to HK$3.79, with a turnover of HK$129.506 million.

According to the news, TopTop, a gaming social networking product owned by Chizicheng Technology, was recently officially recommended on the Apple App Store. The app was recommended to users in dozens of countries and regions, including Saudi Arabia, the United Arab Emirates, Qatar, and Oman. According to reports, since August 2023, the company's three social networking products have entered the top 30 of data.ai's “China's Non-Gaming App Overseas Revenue List” for five consecutive months. Among them, SUGO's revenue and profit both increased more than 3 times year on year; TopTop's revenue increased more than 2 times, and profit increased more than 6 times. Furthermore, the company's social business revenue increased 16.2% year-on-year to 2.97 billion yuan last year, maintaining a leading edge in markets such as the Middle East, North Africa, and Southeast Asia.

Chizicheng Technology previously announced that in the first quarter of 2024, the average monthly activity of the group's social networking business reached about 285.48 million yuan, an increase of about 2.6% over the previous year; the total revenue from the social business is expected to reach about RMB 980 million to 1.01 billion yuan, an increase of about 65.8% to 70.9% over the previous year; the total revenue from the innovation business is expected to be about RMB 62 million to 72 million yuan, an increase of about 3.3% to 20.0% year on year.