Zhitong Financial APP learned that Chizicheng Science and Technology (09911) recently issued an announcement that as of December 31, 2020, the company's total revenue reached 1.18 billion yuan, an increase of 203.2% over the same period last year, of which the revenue from value-added services (internal purchase of applications) reached 660 million yuan, an increase of 5549.8% over the same period last year, accounting for 55.6% of the total revenue. In terms of profits, the company recorded a gross profit of 750 million yuan in 2020, an increase of 187.7% over the same period last year; net profit reached 110 million yuan, an increase of 67.1% over the same period last year; and adjusted net profit reached 150 million yuan, an increase of 41.5% over the same period last year. As of 14:55, it was up 6.9% to quote HK $4.49, with a turnover of 26.8115 million.
In terms of core business, Chizi City's science and technology social products are expanding rapidly, with an average monthly active users of about 11.36 million for the whole year. In addition, the company's game business has also grown steadily, with an average of about 11.51 million monthly active users throughout the year.