Chizicheng Technology (09911) Innovation business revenue increased 35% to 46% in the first half of the year, AI driven rapid growth in the skit business

The Zhitong Finance App learned that on July 22, Chizicheng Technology (09911) announced unaudited operating data for the 2026 semi-year. In the first half of the year, the company's innovative business is expected to achieve revenue of about 65 million US dollars to 70 million US dollars, an increase of about 35.4% to 45.8% over the previous year. According to the announcement, the high growth was mainly driven by AI, and the short drama business actively invested by the company achieved rapid growth.

During the reporting period, the company's short drama business continued to expand into many markets around the world, including Europe and America. Playlet made positive progress in high-value markets such as the US, Japan, and South Korea, and the number of users increased dramatically. In the first half of the year, Playlet was connected to Seedance 2.0 and became one of the first cooperative platforms. According to the first-quarter installment report for short dramas released by TikTok, the company's popular drama ranked 2nd in terms of the first-month split scale for single dramas on the platform. Superimposed AI has greatly improved the production efficiency of skits, and the company is expected to use localized operation and delivery capabilities to seize opportunities and further enrich the social entertainment content ecosystem.