Sep & Oct丨Thriving Together Through Meaningful Connections

赤子城科技发布前三季度营运数据

10月24日，赤子城科技（09911.HK）发布2024年前三季度营运数据公告。公司核心社交业务保持高速增长，主要营运数据表现亮眼。前三季度，公司社交业务收入约为32.40~32.80亿元，较2023年同期增长约60.7%~62.7%。

此外，公司创新业务亦保持稳健增长，截至2024年9月30日止九个月收入约为3.00亿~3.20亿元 ，较2023年同期增长约12.4%~19.9%。

Newborn Town Released Operating Data

for the First Three Quarters

Newborn Town Inc. (09911. HK) reported strong growth in its primary social networking business in the first three quarters of 2024 on October 24. Social networking business revenue reached RMB 3,240 million to RMB 3,280 million, indicating strong performance. This is a 60.7%–62.7% growth from 2023.

In addition, Innovative sector contributions rose from 12.4% to 19.9% to CNY 300 to 320 million Yuan in the nine months to September 30, 2024.

赤子城科技正式加入沙特RHQ计划

9月26日，赤子城科技与沙特投资部（MISA）在利雅得联合举办了以“连接、探索、共繁荣”为主题的活动。沙特投资部ICT部门总经理Mohammed Alshabanah、区域总部项目主管Alhassan Hamideldin以及赤子城科技中东北非市场负责人黄乃良、高级副总裁宋朋亮等出席了当日活动。

活动现场，投资部为赤子城科技颁发了设立区域总部的许可证，赤子城科技成为第一家在沙特成立区域总部的全球化社交娱乐公司。

Newborn Town Was Granted

RHQ License by KSA

The Hong Kong-listed tech company Newborn Town, in partnership with Saudi Arabia's Ministry of Investment (MISA), hosted an event in Riyadh under the theme "To Connect, Explore, and Thrive Together". During the event, MISA granted Newborn Town a Regional Headquarters license, making it the first social entertainment company to establish its MENA headquarters in Saudi Arabia.

During the event, MISA granted Newborn Town a Regional Headquarters license, making it the first social entertainment company to establish its MENA headquarters in Saudi Arabia.

赤子城科技受邀参加沙特投资部文化晚宴

10月29-31日，中东北非地区最大的国际投资和创新论坛——第八届未来投资倡议大会（Future Investment Initiative，简称FII）在沙特利雅得举行，吸引众多政界和商界领袖参加。值此之际，大会主办方之一沙特投资部在德拉伊耶古城举行了文化晚宴。

作为沙特“RHQ计划”（沙特区域总部计划）企业之一，赤子城科技受邀参加文化晚宴，和众多与会的政界和商界领袖交流探讨，共同感受沙特灿烂的历史、当下火热和充满想象的投资机遇。

Newborn Town was Invited by MISA

to Attend the Cultural Gala Dinner

Newborn Town had the honor of being invited by the Ministry of Investment (MISA) to attend a cultural gala dinner during the eighth annual Future Investment Initiative (FII) held from October 29 to 31 in Riyadh. This significant event, considered as the largest international forum for investment and innovation in the Middle East and North Africa, attracted numerous political and business leaders.

The gala dinner took place in the historic Salwa Palace in Diriyah, showcasing Saudi Arabia's rich heritage. As part of the Kingdom's Regional Headquarters Program (RHQ), Newborn Town engaged in meaningful discussions with influential figures, exploring the dynamic investment landscape and opportunities within the nation. The evening highlighted not only cultural richness but also the potential for collaboration and growth in the region.

李平获“大湾区青年杰出企业家”

近期，由粤港澳大湾区企业家联盟主办的第五届粤港澳大湾区杰出青年企业家评选获奖名单公布，赤子城科技CEO李平荣获“大湾区青年杰出企业家”。

作为赤子城科技CEO，李平从学生时代起就相信技术可以改变世界。多年来，他带领赤子城科技开拓全球市场，持续研发优质社交及游戏产品，有力推动公司业绩持续增长，成为社交出海赛道的头部企业。他对全球互联网市场有深入理解，曾入选“福布斯亚洲U30精英”、“胡润Under30s创业领袖”。

Li Ping Recognized as

Bay Area Outstanding Young Entrepreneur

Li Ping, CEO of Newborn Town, was recognized an Outstanding Young Entrepreneur in the Guangdong-Hong Kong-Macao Greater Bay Area at the Fifth Annual Greater Bay Area Entrepreneurs Alliance Awards.

Since his student days, Li Ping has strongly believed in the power of technology to change the world. Over the years, he has led Newborn Town’s global expansion and spearheaded the development of top-tier social networking and gaming products, driving sustained growth and establishing the company as a leader in the international social networking arena. Recognized as a Forbes Asia 30 Under 30 honoree and a Hurun Under 30s Entrepreneur Leader, Li Ping brings deep expertise to the global internet market.

蓝城兄弟入选

“北京民营企业社会责任百强”榜单

9月26日，北京市工商业联合会发布2024年北京民营企业百强“1+4”榜单。赤子城科技旗下蓝城兄弟入选“北京民营企业社会责任百强”榜单，这是蓝城兄弟连续四年入选该榜单。

蓝城兄弟作为一家依托移动互联网技术开展直播互动、健康科普和疾病防控等服务的互联网科技公司，在专注移动互联网领域创新创业的同时，努力践行企业社会责任，依靠领先的技术和创新的视野锐意发展，探索出一条用互联网技术赋能公益、用企业的创新力量回馈社会的新道路。

BlueCity Featured in the Top 100 Private Enterprises

for Social Responsibility in Beijing

The Beijing Federation of Industry and Commerce issued its 2024 "1+4" list of Beijing's Top 100 Private Enterprises on September 26. The "Top 100 Private Enterprises in Beijing for Social Responsibility" list featured BlueCity Ltd. for the fourth year in a row.

BlueCity, a mobile internet technology company offering live streaming, health education, and disease control  and prevention services, drives innovation in mobile internet while upholding corporate social responsibility. Leveraging advanced technology and a visionary approach, the firm empowers public welfare and gives back to society through pioneering initiatives.

HeeSay发布HeeCares公益计划

近期，LGBTQ+线上社区HeeSay推出了HeeCares公益计划，旨在为全球各地需要帮助的社区提供支持。目前，该计划的首个项目HeeCaresYagi已落地，向越南北部遭受台风Yagi的灾区提供灾后援助。

HeeCaresYagi携手慈善组织Thương Project向遭受灾难的6所学校的1800多名儿童提供了必要的物资，如笔记本、保暖衣物、玩具熊和食品等，并举办了一场特别的中秋节庆祝活动，为孩子们带去欢乐，鼓励他们在困难中保持希望。

此外，HeeSay在产品中开设慈善直播，直播中产生的部分收益由内容创作者直接捐赠给Thương Project，以进一步支持持续的灾后恢复工作。

HeeSay Launches Charitable Program

Named HeeCares

HeeSay, a global LGBTQ+ online community, recently launched the HeeCares initiative to support communities in need. Its first project, HeeCaresYagi, focuses on providing post-typhoon relief to northern Vietnam, an area heavily affected by Typhoon Yagi.

As part of the HeeCaresYagi program, HeeSay Vietnam partnered with the Thương Project to support disaster-affected areas in Lào Cai and Yên Bái, bringing comfort to over 1,800 children across six schools. The initiative provided essential supplies, including warm clothing, food and school supplies to children in need, offering hope and encouragement during challenging times.

HeeSay also hosted an in-app charity livestream, donating a portion of the revenue generated by content creators directly to Thương Project to further support ongoing recovery efforts.

MICO泰国上线创作者生态系列节目

10月，MICO泰国上线系列节目“MICO secret room”。该系列节目每期邀请2-3名MICO泰国的优质创作者，分享其内容创作背后的故事，让更多用户了解内容创作的细节、趣事，拉近创作者与用户的关系，也向用户、行业展示了MICO泰国充满活力、繁荣健康的创作者生态。

MICO Thailand Releasing Online Series

Featuring Top MICO Thailand Creators

In October, MICO Thailand launched MICO Secret Room, a series in which top creators share the stories behind their content, offering users a closer look at the creative process. This series fosters a stronger bond between creators and users while highlighting MICO Thailand's vibrant and thriving creator ecosystem for users and the streaming industry.

多家券商给予赤子城科技“买入”评级

近期，东吴证券、民银证券、西牛证券、国元国际等多家机构更新了关于赤子城科技的研报。机构一致肯定了公司在中东北非地区的表现，尤其是SUGO、TopTop等产品的强势发展，并看好公司精品游戏的发展未来能为公司带来收益。

基于赤子城科技的业务进展及业绩表现，多家机构给出“买入”评级。

Multiple Securities Institutions

Assigned Newborn Town a "Buy" Rating

Recently, several institutions—including Soochow Securities Co., CMBC Capital Holdings Ltd, WEST BULL SECURITIES LIMITED, and Guoyuan Securities Co., Ltd.—have released updated research reports on Newborn Town. These institutions uniformly recognize the company’s performance in the MENA region, especially noting the robust growth of products like SUGO and TopTop, and expressing optimism about the future revenue potential of its quality gaming portfolio.

Multiple securities have issued Newborn Town a "Buy" rating based on its business progress and performance.