According to the news from Zhitong Finance, on July 31, YUEXIANG Holdings Limited (CHR.US) released its performance report for the first half of the year until June 30, 2024. The data shows that the total revenue is RMB 0.502 billion, and the net profit is RMB 87.8 million. The revenue from platform and digital business in the first half was RMB 0.435 billion, accounting for 86.56%; media content service revenue was RMB 67 million, accounting for 13.44%.

As of June 30, the total installed users across all platforms were 0.51 billion, a year-on-year increase of 17.1%.

Among them, YUEXIANG VIDEO had 0.43 billion installed users, a year-on-year increase of 10.77%; MAU active users were 51.07 million, a year-on-year increase of 2.53%; the daily average usage time was 54.8 minutes.

YUEXIANG MALL had 60.69 million installed users, a year-on-year increase of 34.18%; MAU active users were 6.88 million, a year-on-year increase of 49.89%; the repurchase rate for the first half of the year was 38.9%.

YUEJING had 14.5 million installed users, a year-on-year increase of 234.8%; MAU active users were 1.4 million, a year-on-year increase of 14.7%; 1180 digital IP collections were issued, a year-on-year increase of 237%.

The installed users for YUELINGXI AI were 11.27 million, MAU active users were 0.9 million, and the monthly visitor volume was 3.42 million.

The total API interface call times for YUEXIANG DATA was 58 million, the total number of interfaces was 92, and the daily API call volume for the first half of the year exceeded 0.32 million.

In the first half of the year, the company obtained multiple national invention patents, and its subsidiary Yaoshi Xinghui was recognized as a national high-tech, specialized, special and new and innovative type of SME, which fully affirmed the company's leadership.

The company increased its investment in AI research and development. YUELINGXI AI not only made significant breakthroughs in underlying technology, but also achieved a qualitative leap in application. YUELINGXI AI underwent multiple important iterations and upgrades in multimodal in the first half of the year, enabling it to have more advanced and complex algorithms and models, more powerful application capabilities, and more comprehensive new interaction functions of artificial intelligence. It has made substantial breakthroughs and progress in many application aspects, such as multimodal, model architecture, computing power, cross-media video, painting, cross-domain image, business scenario, dialogue, ultra-long text, expansion tool, and AI avatar production tool. Its powerful features bring unprecedented application experience.

In the field of content production for new media businesses, YUELINGXI AI is the first domestic media technology company to use its independently developed multimodal application tool to continuously and intensively produce the AIGC series of animated episodes for the market. This not only meets the market demand for diverse content among young users, but also provides new application scenarios and development directions for the industry, injecting new vitality into the cultural industry. At the same time, innovative content forms also provide new cooperation opportunities for the market and brand customers, creating a brand new business model.

The company will continue to focus on the construction of a digital economic ecosystem of "platform + application + technology + industry", and adhere to the sustainable and standardized development driven by innovative product applications and technology.