Scienjoy Holding Corporation (SJ)

Scienjoy Holding Corporation Reports Fiscal Year 2025 Financial ResultsApril 23, 2026 5:00 PM
PR Newswire (US)

BEIJING, April 23, 2026 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "we") (NASDAQ: SJ), a leader in interactive entertainment in China, today announced its financial results for the year ended December 31, 2025.Fiscal Year 2025 Operating and Financial SummariesTotal revenues decreased to RMB1,241.6 million (US$177.5 million) for the year ended December 31, 2025 from RMB1,363.4 million for the year ended December 31, 2024.Gross profit decreased to RMB227.2 million (US$32.5 million) for the year ended December 31, 2025 from RMB245.4 million for the year ended December 31, 2024.Loss from operations was RMB78.9 million (US$11.3 million) for the year ended December 31, 2025, as compared to an income from operations of RMB40.7 million for the year ended December 31, 2024.Net loss was RMB595.0 million (US$85.1 million) for the year ended December 31, 2025, as compared to a net income of RMB26.7 million for the year ended December 31, 2024.Net loss attributable to the Company's shareholders was RMB587.1 million (US$84.0 million) for the year ended December 31, 2025, as compared to a net income attributable to the Company's shareholders of RMB39.7 million for the year ended December 31, 2024.Adjusted net loss attributable to the Company's shareholders was RMB579.6 million (US$82.9 million) for the year ended December 31, 2025, as compared to adjusted net income attributable to the Company's shareholders of RMB50.3 million for the year ended December 31, 2024.As of December 31, 2025, the Company had cash and cash equivalent balance of RMB307.7 million (US$44.0 million), which represented an increase of RMB55.1 million from RMB252.5 million as of December 31, 2024.Note on Net Loss for Fiscal Year 2025The net loss of RMB595.0 million (US$85.1 million) reported for the year ended December 31, 2025 was primarily driven by several major non-cash accounting items amounting to RMB712.3 million (US$101.9 million) that had no impact on the Company's cash and liquidity position or its ability to continue as a going concern. These major items include provisions for credit losses, impairment of goodwill and intangible assets.Mr. Victor He, Chairman and Chief Executive Officer of Scienjoy, commented, "2025 was a year of continued execution and strategic progress for Scienjoy. Our live streaming business, given our recent global expansion, continues to be profitable which demonstrates the resilience of our core operations. At the same time, we are accelerating our AI strategy. Building on our AIGC foundation with AI Vista, we are expanding into agentic AI with AI Vista Live!, which serves both B2C and B2B markets. AI Vista enables real-time, interactive AI performers for consumers while also providing scalable enterprise solutions across multiple industries. Supported by strong underlying financial performance and a solid cash position, we are well positioned for future growth and deliver long-term value to our shareholders."Mr. Denny Tang, Chief Financial Officer of Scienjoy, added, "In the fourth quarter of 2025, we conducted a review of our assets and recorded certain non-cash impairment provisions which did not impact our core operations or cash flow. Apart from these accounting effects, we believe our business remains strong, supported by our core operations and continued Average Revenue Per Paying User (ARPPU) growth. Additionally, our cash and cash equivalents increased by 21.8% during the year, reflecting our operationally-driven capability to sustain on-going business operations and support planned expansion. With a healthy balance sheet, we are well positioned to support continued investment in AI innovation and global expansion."Fiscal Year 2025 Financial Results Total revenues decreased to RMB1,241.6 million (US$177.5 million) for the year ended December 31, 2025 from RMB1,363.4 million for the year ended December 31, 2024 primarily caused by a decrease of paying users due to the increasing competitive landscape of China's mobile live streaming market. Total paying users were 383,695 for the year ended December 31, 2025, compared to 494,652 for the year ended December 31, 2024. Cost of revenues decreased to RMB1,014.5 million (US$145.1 million) for the year ended December 31, 2025 from RMB1,117.9 million for the year ended December 31, 2024. The decrease was primarily attributable to a decrease of RMB128.3 million in the Company's revenue sharing fees, offset by an increase of RMB23.4 million in the Company's user acquisition costs.Gross profit decreased to RMB227.2 million (US$32.5 million) for the year ended December 31, 2025 from RMB245.4 million for the year ended December 31, 2024. Gross margins increased to 18.3% for the year ended December 31, 2025 from 18.0% in the year ended December 31, 2024 due to higher average live streaming revenue per paying user ("ARPPU") during the year ended December 31, 2025, demonstrating the Company's effectiveness in converting high-quality paying user to its profit growth.Total operating expenses increased by 49.5% to RMB306.1 million (US$43.8 million) for the year ended December 31, 2025 from RMB204.7 million for the year ended December 31, 2024.Sales and marketing expenses decreased to RMB6.4 million (US$0.9 million) for the year ended December 31, 2025 from RMB7.0 million for the year ended December 31, 2024, primarily attributable fewer sales and marketing activities.General and administrative expenses increased by 16.1% to RMB89.0 million (US$12.7 million) for the year ended December 31, 2025 from RMB76.6 million for the year ended December 31, 2024. The increase was primarily due to an increase of RMB12.4 million in professional consulting fees.Research and development expenses decreased to RMB83.4 million (US$11.9 million) for the year ended December 31, 2025 from RMB90.5 million for the year ended December 31, 2024, due to a decrease of RMB9.0 million in employee salary and welfare and a decrease of RMB1.3 million in share-based compensation, offset by an increase of RMB4.1 million in technical service fee.Provision for credit losses increased by 316.2% to RMB127.3 million (US$18.2 million) for the year ended December 31, 2025 from RMB30.6 million for the year ended December 31, 2024. Given the regulatory and tax policy changes in China for the livestreaming industry starting in the second half of the financial year ended 2025 and increasing credit risk of our third-party virtual currency distributors in the livestreaming industry, we provided additional allowances for credit losses for third-party virtual currency distributors we deem as high risk and with delinquent accounts. As a result, our provision for credit loss increased to RMB127.3 million (US$18.2 million) for the year ended December 31, 2025 from RMB30.6 million for the year ended December 31, 2024. The facts and circumstances of each third-party virtual currency distributors account may require the Company to use substantial judgment in assessing its collectability. The Company will continue to periodically review allowances and make necessary adjustments accordingly.Loss from operations was RMB78.9 million (US$11.3 million) for the year ended December 31, 2025, as compared to an income from operations of RMB40.7 million for the year ended December 31, 2024.Change in fair value of investment in marketable security was a loss of RMB29.1 million (US$4.2 million) for the year ended December 31, 2025, as compared to a gain of RMB6.1 million for the year ended December 31, 2024. The change was attributable to the fair value changes in investments in publicly traded companies. Investment income increased to RMB8.7 million (US$1.2 million) for the year ended December 31, 2025, as compared to investment loss of RMB5.7 million for the year ended December 31, 2024. The increase in investment income was attributable to share of unrealized gain in long-term investments. Impairment of long-term investments was nil for the year ended December 31, 2025, as compared to RMB10.4 million for the year ended December 31, 2024.Interest income decreased to RMB1.7 million (US$0.2 million) for the year ended December 31, 2025 from RMB3.2 million for the year ended December 31, 2024. The decrease was primarily due to a lower interest rate environment relative to previous periods.Impairment for goodwill During the fourth quarter of 2025, as a part of its annual impairment assessment,  the Company assessed its internal forecast along with several events and circumstances that could affect the significant inputs used to determine the fair value of the Company's reporting unit, including the significance of the amount, if any, of excess carrying value over fair value, consistency of the Company's current and forecasted operating margins and cash flows, budgeted-to-actual performance, timing of the expected effects of the Company's strategic initiatives, overall change in economic climate, changes in the industry and competitive environment, changes to the Company's risk-adjusted discount rates and earnings quality and sustainability. After considering all available evidence in the evaluation of goodwill impairment indicators including but not limited to regulatory and tax policy changes in China for the livestreaming industry starting in the second half of 2025, a significant decrease in paying users for the year ended December 31, 2025, and a continuous decline in the Company's operating income during the second half of 2025, the Company determined it appropriate to perform the quantitative assessment of the Company as of December 31, 2025. The quantitative impairment test involves the use of significant estimates and assumptions to evaluate the impact of operational and economic changes on each reporting unit. The Company estimates the fair value using the income valuation approach with assistance of a third-party valuation firm. The income approach applies a fair value methodology to the single reporting unit based on discounted cash flows. This analysis requires significant estimates and judgments, including (i) the estimation of future revenue, projected gross profit margins, projected operating costs, projected operating income margins, and projected capital expenditures, which are dependent on internal cash flow forecasts; and (ii) determination of the risk-adjusted discount rates. As a result of such goodwill impairment test, the Company recorded a full impairment of RMB186.2 million (US$26.6 million) on goodwill for the year ended December 31, 2025. The Company bases fair value estimates on assumptions that the Company believes to be reasonable but that are unpredictable and inherently uncertain. Actual future results may differ from those estimates. Impairment for intangible assets During annual impairment test performed in the fourth quarter of 2025, the Company identified several triggering events indicating that the carrying value of its intangible assets may exceed their fair value. These indicators included regulatory and tax policy changes in China for the livestreaming industry starting in the second half of 2025, the significant decrease in paying users for the year ended December 31, 2025, and a continuous decline in the Company's operating income during the second half of 2025. The Company performed a quantitative assessment as of December 31, 2025 using an income approach. The income approach utilized a discounted cash flow model based on the assumptions including management's best estimates of the expected future cash flows, risk-adjusted discount rate, and the estimated useful life of the asset group with assistance of a third-party valuation firm. Based on this analysis, the Company determined that the carrying values of its intangible assets were no longer recoverable. As a result of the fair value test, the Group recorded a full impairment of RMB398.8 million (US$57.0 million) on intangible assets for the year ended December 31, 2025.Other income, net increased by 442.7% to RMB8.7 million (US$1.2 million) for the year ended December 31, 2025 from RMB1.6 million for the year ended December 31, 2024. The increase was primarily due to increased government subsidies and a one-time compensation income. There is no assurance that the Company will continue to receive these subsidies in the future.Foreign exchange loss was RMB1.6 million (US$0.2 million) for the year ended December 31, 2025, as compared to foreign exchange gain of RMB3.8 million for the year ended December 31, 2024.Income tax benefit was RMB80.4 million (US$11.5 million) for the year ended December 31, 2025, as compared to income tax expenses of RMB12.6 million for the year ended December 31, 2024.Net loss was RMB595.0 million (US$85.1 million) for the year ended December 31 2025, as compared to a net income of RMB26.7 million for the year ended December 31, 2024. Net loss attributable to the Company's shareholders was RMB587.1 million (US$84.0 million) for the year ended December 31, 2025, as compared to a net income attributable to the Company's shareholders of RMB39.7 million for the year ended December 31, 2024.Adjusted net loss attributable to the Company's shareholders was RMB579.6 million (US$82.9 million) for the year ended December 31, 2025, as compared to adjusted net income attributable to the Company's shareholders of RMB50.3 million for the year ended December 31, 2024.Basic and diluted net loss attributable to the Company's shareholders per ordinary share were both RMB14.05 (US$2.01) for the year ended December 31, 2025. In comparison, basic and diluted net income attributable to the Company's shareholders per ordinary share was RMB0.96 and RMB 0.95 for the year ended December 31, 2024.Adjusted basic and diluted net loss attributable to the Company's shareholders per ordinary share were both RMB13.87 (US$1.98) for the year ended December 31, 2025. In comparison, adjusted basic and diluted net income attributable to the Company's shareholders per ordinary share was RMB1.22 and RMB1.21 for the year ended December 31, 2024.As of December 31, 2025, the Company had cash and cash equivalent balance of RMB307.7 million (US$44.0 million), which represented an increased by of RMB55.1 million from RMB252.5 million as of December 31, 2024. Use of Non-GAAP Financial MeasuresAdjusted net income attributable to the Company's shareholders is calculated as net income attributable to the Company's shareholders adjusted for share-based compensation. Adjusted basic and diluted net income per ordinary share is non-GAAP net income (loss) attributable to ordinary shareholders divided by weighted average number of ordinary shares used in the calculation of non-GAAP basic and diluted net income per ordinary share. The non-GAAP financial measures are presented to enhance investors' overall understanding of the Company's financial performance and should not be considered a substitute for, or superior to, the financial information prepared and presented in accordance with U.S. GAAP. Investors are encouraged to review the reconciliation of the historical non-GAAP financial measures to its most directly comparable GAAP financial measures. As non-GAAP financial measures have material limitations as analytical metrics and may not be calculated in the same manner by all companies, they may not be comparable to other similarly titled measures used by other companies. In light of the foregoing limitations, you should not consider non-GAAP financial measures as a substitute for, or superior to, such metrics in accordance with US GAAP. For more information on these non-GAAP financial measures, please see the table captioned "Reconciliations of Non-GAAP Results" near the end of this release.Exchange Rate InformationThis announcement contains translations of certain RMB amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB6.9931 to US$1.00, the noon buying rate in effect on December 31, 2025, in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB amounts could have been, or could be, converted, realized or settled in U.S. dollars at that rate on December 31, 2025, or at any other rate.About Scienjoy Holding CorporationScienjoy is a pioneering Nasdaq-listed interactive entertainment leader. Driven by the vision of shaping a metaverse lifestyle, Scienjoy leverages AI-powered technology to create immersive experiences that resonate with global audiences, fostering meaningful connections and redefining entertainment. For more information, please visit http://ir.scienjoy.com/.Safe Harbor StatementCertain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission ("SEC") from time to time. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.For investor and media inquiries, please contact:Investor Relations ContactsDenny Tang
Chief Financial Officer
Scienjoy Holding Corporation
+86-10-64428188
ir@scienjoy.comAscent Investor Relations LLCTina Xiao
+1-646-932-7242
investors@ascent-ir.com CONSOLIDATED BALANCE SHEETS(All amounts in thousands, except share and per share data or otherwise stated)


As of December 31,

2024

2025

2025

RMB

RMB

US$ASSETS







Current assets







Cash and cash equivalents

252,540


307,650


43,993Accounts receivable, net

226,060


43,290


6,190Due from a related party

-


100


14Investment in marketable security

37,629


8,561


1,224Prepaid expenses and other current assets

28,415


23,607


3,376Total current assets

544,644


383,208


54,797











Non-current assets










Property and equipment, net

1,981


2,244


321Intangible assets, net

405,256


-


-Goodwill

182,661


-


-Long term investments

257,387


271,261


38,790Long term deposits and other assets

906


1,741


249Right-of-use assets-operating lease

4,845


14,695


2,101Deferred tax assets

7,505


37,288


5,332Total non-current assets

860,541


327,229


46,793TOTAL ASSETS

1,405,185


710,437


101,590











LIABILITIES AND EQUITY










Current liabilities










Accounts payable

36,015


16,665


2,381Deferred revenue

80,186


50,464


7,216Accrued salary and employee benefits

22,346


15,184


2,171Income tax payable

11,284


10,899


1,559Lease liabilities-operating lease -current

4,098


3,641


521Accrued expenses and other current liabilities

6,840


9,728


1,391Total current liabilities

160,769


106,581


15,239











Non-current liabilities










Deferred tax liabilities

58,400


-


-Lease liabilities-operating lease -non-current

700


10,399


1,487Total non-current liabilities

59,100


10,399


1,487TOTAL LIABILITIES

219,869


116,980


16,726











Commitments and contingencies






















EQUITY










Ordinary share, no par value, unlimited Class A ordinary shares and
   Class B ordinary shares authorized, 38,922,726 Class A ordinary
   shares and 2,925,058 Class B ordinary shares issued and outstanding
   as of December 31, 2024, respectively; 39,537,710 Class A ordinary
   shares and 2,925,058 Class B ordinary shares issued and outstanding
   as of December 31, 2025, respectively.










Class A ordinary shares

444,162


451,666


64,588Class B ordinary shares

23,896


23,896


3,417Shares to be issued

20,817


20,817


2,977Treasury stocks

(19,952)


(19,952)


(2,853)Statutory reserves

50,705


34,091


4,875Retained earnings

662,499


92,024


13,159Accumulated other comprehensive income

16,967


12,867


1,840Total shareholders' equity

1,199,094


615,409


88,003Non-controlling interests

(13,778)


(21,952)


(3,139)Total equity

1,185,316


593,457


84,864TOTAL LIABILITIES AND EQUITY

1,405,185


710,437


101,590 CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME(All amounts in thousands, except share and per share data or otherwise stated)


For the years ended December 31,

2024

2025

2025

RMB

RMB

US$Live streaming - consumable virtual items revenue

1,317,601


1,187,033


169,743Live streaming - time based virtual item revenue

24,935


16,951


2,424Technical services and others

20,848


37,637


5,382Total revenue

1,363,384


1,241,621


177,549Cost of revenues

(1,117,942)


(1,014,455)


(145,065)Gross profit

245,442


227,166


32,484Sales and marketing expenses

(7,049)


(6,357)


(909)General and administrative expenses

(76,629)


(88,977)


(12,724)Research and development expenses

(90,461)


(83,426)


(11,930)Provision for credit losses

(30,584)


(127,290)


(18,202)Income (loss) from operations

40,719


(78,884)


(11,281)Change in fair value of investment in marketable security

6,103


(29,067)


(4,157)Investments (loss) income

(5,742)


8,712


1,246Impairment for goodwill

-


(186,170)


(26,622)Impairment for intangible assets

-


(398,835)


(57,033)Impairment of long-term investments

(10,425)


-


-Interest income, net

3,211


1,712


245Other income, net

1,609


8,732


1,249Foreign exchange (loss) gain, net

3,805


(1,569)


(224)Income (loss) before income taxes

39,280


(675,369)


(96,577)Income tax (expense) benefit

(12,597)


80,369


11,493Net income (loss)

26,683


(595,000)


(85,084)Less: net loss attributable to noncontrolling interest

(13,002)


(7,911)


(1,131)Net income (loss) attributable to the Company's
   shareholders

39,685


(587,089)


(83,953)











Other comprehensive income (loss):










Other comprehensive loss - foreign currency translation
   adjustment

(998)


(3,494)


(500)Comprehensive income (loss)

25,685


(598,494)


(85,584)Less: comprehensive loss attributable to non-controlling
   interests

(13,002)


(7,305)


(1,045)Comprehensive income (loss) attributable to the Company's
   shareholders

38,687


(591,189)


(84,539)











Weighted average number of shares










Basic

41,367,946


41,776,414


41,776,414Diluted

41,564,237


41,776,414


41,776,414











Earnings (loss) per share










Basic

0.96


(14.05)


(2.01)Diluted

0.95


(14.05)


(2.01) Reconciliations of Non-GAAP Results(All amounts in thousands, except share and per share data or otherwise stated)


For the years ended December 31,

2024

2025

2025

RMB

RMB

US$Net income (loss) attributable to the Company's shareholders

39,685


(587,089)


(83,953)Less:










Share based compensation

(10,579)


(7,504)


(1,073)Adjusted net income (loss) attributable to the Company's
   shareholders*

50,264


(579,585)


(82,880)











Adjusted net income (loss) per ordinary share










Basic

1.22


(13.87)


(1.98)Diluted

1.21


(13.87)


(1.98)
"Adjusted net income attributable to the Company's shareholders" is defined as net income attributable to the
Company's shareholders excluding share based compensation. 



View original content:https://www.prnewswire.com/news-releases/scienjoy-holding-corporation-reports-fiscal-year-2025-financial-results-302752009.htmlSOURCE Scienjoy Holding Corporation

Original: Scienjoy Holding Corporation Reports Fiscal Year 2025 Financial Results

$SJ: Get yer CHINER fake GF here..................

They still pulling in almost $180Milly in annual revs doing this crap.

Chiners love this crap.
https://www.scienjoy.com/haixiu

https://www.haixiutv.com/

#Scienjoy launched AI avatars enabling 24/7 digital livestreaming in China. Using a "real+digital" model, the avatars replicate live hosts’ styles when they are offline, delivering high fidelity, seamless, and compliant broadcasting. $SJ #AI #DigitalAvatar #LiveStreaming pic.twitter.com/bt1p31MdrB— Scienjoy (@Scienjoy_Intl) January 28, 2026

Now at $1.27 and bullflag setup on the 100day DMA


GO $SJ

Scienjoy Holding Corporation Compliant with Nasdaq Bid Price RequirementFebruary 3, 2026 4:30 PM
PR Newswire (US)

BEIJING, Feb. 3, 2026 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy" or the "Company") (NASDAQ: SJ), an interactive entertainment leader in the Chinese market, today announced that Scienjoy today received formal notice from The Nasdaq Stock Market LLC that the Company has evidenced full compliance with the $1.00 bid price requirement for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2). As a result, the listing matter has been closed.About Scienjoy Holding CorporationScienjoy is a pioneering Nasdaq-listed interactive entertainment leader. Driven by the vision of shaping a metaverse lifestyle, Scienjoy leverages AI-powered technology to create immersive experiences that resonate with global audiences, fostering meaningful connections and redefining entertainment. For more information, please visit http://ir.scienjoy.com/.Safe Harbor StatementCertain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission ("SEC") from time to time. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.For investor and media inquiries, please contact:Investor Relations Contacts
Denny Tang
Chief Financial Officer
Scienjoy Holding Corporation
+86-10-64428188
ir@scienjoy.comAscent Investor Relations LLC
Tina Xiao
+1-646-932-7242
investors@ascent-ir.com 



View original content:https://www.prnewswire.com/news-releases/scienjoy-holding-corporation-compliant-with-nasdaq-bid-price-requirement-302678115.htmlSOURCE Scienjoy Holding Corporation

Original: Scienjoy Holding Corporation Compliant with Nasdaq Bid Price Requirement

$SJ Scienjoy Holding Corporation Granted Additional 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Rule


https://www.prnewswire.com/news-releases/scienjoy-holding-corporation-granted-additional-180-day-extension-by-nasdaq-to-regain-compliance-with-minimum-bid-price-rule-302657181.html

BEIJING, Jan. 9, 2026 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "we") (NASDAQ: SJ), an interactive entertainment leader in the Chinese market, today announced that on January 7, 2026, it received notification from The Nasdaq Stock Market LLC ("Nasdaq") that Nasdaq approved the Company's request for an additional 180-calendar day extension (the "Extension") to regain compliance with the minimum closing bid price requirement of US$1.00 per share, as set forth in Nasdaq Listing Rule 5550(a)(2) (the "Rule").

The Extension follows the expiration on January 6, 2026 of the initial 180-calendar day period to regain bid price compliance. As a result of the Extension, the Company now has until July 6, 2026 to regain compliance with the Rule (the "New Compliance Period"). If during the New Compliance Period, the bid price for Scienjoy's Class A ordinary shares closes at or above US$1.00 per share for a minimum of 10, though generally not more than 20, consecutive business days, it is expected that Nasdaq would formally notify the Company that it has regained compliance with the Rule.

If the Company does not regain compliance with the Rule by July 6, 2026, it may be subject to delisting from Nasdaq. At that time, the Company may request a review of the delisting determination by a Nasdaq Hearings Panel.

$SJ Scienjoy Accelerates Strategic Deployment of AI Applications in China with AI Vista Live!, Targeting a $202 Billion Market


https://www.prnewswire.com/news-releases/scienjoy-accelerates-strategic-deployment-of-ai-applications-in-china-with-ai-vista-live-targeting-a-202-billion-market-302654979.html

BEIJING, Jan. 7, 2026 /PRNewswire/ -- Scienjoy Holding Corporation (NASDAQ: SJ) ("Scienjoy", the "Company", or "we"), a leading interactive entertainment company in the Chinese market, today announced its plans to launch its AI Vista Live! nationwide in China in 2026. The platform is designed to introduce a transformative paradigm to human-digital interaction through physical artificial intelligence (AI) presence, powered by holographic displays and multi-interface deployment.

As a newly launched Business-to-Business (B2B) product, AI Vista Live! is designed for broad applications across healthcare, entertainment, tourism, and public services sectors, as China's AI market accelerates toward a projected $202 billion valuation by 2032.

Unlike traditional cloud-based AI solutions, AI Vista Live! delivers tangible, application-focused capabilities through holographic displays and multiple interface options. The platform enables immersive, application-driven experiences that aims to address real operational challenges. The Company believes AI Vista Live! could position itself to capture substantial market share by translating AI capabilities into measurable efficiency gains, cost savings, and enhanced user engagement.

Mr. Victor He, Chairman and Chief Executive Officer of Scienjoy, stated: "We do not view AI as a demonstration concept or a one-time technological upgrade. We see it as a long-term capability that reshapes how businesses operate. The core value of AI Vista Live! lies not in the technology itself, but in its sustained operation within real business environments designed to drive efficiency and generating tangible commercial returns.

"The depth and scale of the Chinese market provide an ideal testing ground for AI applications. Through our experience in live streaming and digital human scenarios, we are refining a replicable AI application framework and gradually extending this capability to traditional industries and global markets. Going forward, our focus will remain on reliable and durable value creation and profitability, rather than short-term technological narratives."

New Strategic Healthcare Partnership

Scienjoy's recently signed a partnership framework agreement (the "Agreement") with Hebei Wendao Elderly Care Service Group Co., Ltd. ("Wendao") exemplifies the AI Vista Live!'s impact potential.

Pursuant to the Agreement, Scienjoy will develop an AI-powered digital human companion, named "AI Digital Human Butler," across Wendao's elderly care facilities. The solution is expected to address healthcare workforce shortages while elevating care quality standards and elderly well-being.

Platform Adapts Across Multiple Industries

AI Vista Live! can be utilized across various industries. Beyond healthcare settings, entertainment and tourism sectors also benefit from holographic technology that creates immersive visitor experiences. The platform can also function as interactive guides in museums, cultural attractions, and entertainment venues, delivering engaging content that enhances visitor satisfaction while reducing operational costs. Public services applications can streamline citizen interactions with government agencies by efficiently handling routine inquiries and intelligently routing complex issues to appropriate personnel.

Physical AI Presence Creates Competitive Differentiation

Scienjoy's competitive advantage stems from its focus on physical AI presence, which distinguishes the platform from cloud-only competitors. Display options range from standard high-definition screens to holographic presentations, with computing hosts compatible with mainstream systems such as Android and macOS mini, enabling seamless integration across diverse commercial spaces. This flexibility allows organizations to deploy standalone units, integrate with existing infrastructure, or utilize mobile interfaces—tailoring implementation to their operational needs and budgets without rebuilding underlying infrastructure.

The platform emphasizes reliability and security through comprehensive encryption and data protection measures, ensuring compliance with Chinese data sovereignty requirements. Organizations gain confidence in deployment knowing their data remains protected while delivering advanced AI capabilities to end users.

Collaborative Approach Accelerates Market Entry

Scienjoy has adopted a flexible collaborative approach that accelerates deployment timelines of AI Vista Live! while reducing implementation risks. The Company provides comprehensive support throughout the full deployment lifecycle, including needs assessment, system configuration, staff training, and ongoing technical assistance. This approach ensures solutions align with real-world operational requirements rather than forcing organizations to adapt to generic technology platforms.

The platform's modular architecture supports continuous capability integration without requiring complete system replacements, thus protecting organizations' technology investments while enabling continuous improvement and scalability as AI capabilities advance. This future-proof design philosophy distinguishes AI Vista Live! from competitors offering rigid, replacement-dependent upgrade paths.

Market Outlook and Growth Opportunity

China's AI market trajectory creates substantial opportunities for platforms that deliver practical, application-focused solutions. According to Fortune Business Insights, China's AI market was estimated at $21.6 billion in 2024 and is expected to expand from $28.2 billion in 2025 to $202.0 billion by 2032, reflecting a compound annual growth rate (CAGR) of 32.5%.

Scienjoy believes AI Vista Live! is well positioned to capitalize on growing demand in China by 2026, as organizations across the healthcare, entertainment, tourism, and public services sectors seek tangible AI implementations that deliver measurable operational improvements.

By combining physical AI presence, holographic interfaces, and application-driven design, the platform addresses critical market demand for AI solutions that employees and customers can interact with in a real-world environment, creating more intuitive adoption patterns and greater return on investment.

Scienjoy (NASDAQ: $SJ): Asymmetric Upside Into 2026 — among $MOBX, $MKDW, $SOWG More Inside

https://thestreetreports.com/scienjoy-nasdaq-sj-asymmetric-upside-into-2026-among-mobx-mkdw-sowg-more-inside/

The market continues to misprice Scienjoy’s(NASDAQ: SJ) sum-of-the-parts story, creating a compelling setup as the company enters a potentially pivotal 2026 growth phase. At current trading levels (~0.22x P/B, ~0.2x EV/Sales), Scienjoy’s China livestreaming business alone largely justifies the current share price, offering tangible downside protection. What the market is failing to fully recognize is that Dubai is no longer optional—it is becoming incremental growth.

The Dubai operation is not a speculative moonshot. It is a rapidly scaling AI, mixed-reality, and digital human platform with real user traction, enterprise validation, and expanding monetization channels. As Dubai’s government-backed digital economy accelerates into 2026, Scienjoy is positioned to convert early adoption into recurring revenue and operating leverage, potentially transforming Dubai into a second profit engine.

Explore other stocks trading under $1 alongsideScienjoy (NASDAQ: SJ), Mobix Labs (NASDAQ: MOBX), Peraso Inc (NASDAQ: PRSO), MKDWELL Tech Inc (NASDAQ: MKDW), Kartoon Studios (NYSE: TOON) and Sow Good Inc. (NASDAQ: SOWG) active in early trading now.

Why 2026 Matters

Several dynamics converge as Scienjoy heads into 2026:

China remains a stable cash cow, providing consistent cash flow, margin stability, and internal funding—limiting dilution risk while supporting growth investment.
Dubai is emerging as the growth engine, operating in a market with regulatory clarity, government support, and limited legacy competition—conditions that favor rapid scaling.
Innovation-driven optionality is expanding, with AI Vista software, mixed-reality hardware (AI Vista Machines, NFC e-ink devices), Vista Live! AI avatars, and diversified B2B/B2C deployments creating multiple paths for revenue acceleration and margin expansion.
Execution has been aggressive but disciplined: sales and marketing investment in Dubai increased sharply, yet was fully funded by operating cash flow, with no new debt and no shareholder dilution.

Importantly, Vista Live! is expected to be a 2026 catalyst, as enterprise contracts, branded campaigns, and live-event deployments scale—improving revenue visibility and raising the probability of Dubai turning cash-positive.

Buy-side analysts and brokers increasingly point to a blended valuation range of $4–$5 per share, with additional multi-year upside if Dubai’s top-line growth accelerates and China margins remain resilient.

Scienjoy (NASDAQ: SJ) is entering 2026 as a rare deep-value technology setup: a fortress balance sheet, improving operating metrics, and a free asymmetric option on one of the world’s fastest-growing AI and metaverse ecosystems. As execution continues and revenue from AI Vista and Vista Live! becomes more visible, the market’s current discount may prove unsustainable.

For investors looking to get ahead of consensus, SJ is a name to put on the radar now—before valuation begins to reflect execution rather than skepticism.

$SJ Scienjoy Holding Corporation Engages ICON Capital Group to Explore Strategic Alternatives and Unlock Shareholder Value


https://www.prnewswire.com/news-releases/scienjoy-holding-corporation-engages-icon-capital-group-to-explore-strategic-alternatives-and-unlock-shareholder-value-302644016.html

BEIJING, Dec. 18, 2025 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "we") (NASDAQ: SJ), a leading interactive entertainment company in the Chinese market, today announces its engagement of ICON Capital Group, LLC ("ICG") to evaluate strategic alternatives to optimize its substantial cash position and enhance long-term shareholder value. The engagement positions Scienjoy to explore multiple value-creation opportunities following several years of robust cash generation and significant research and development investments, particularly in its Dubai operations.

The Company authorizes ICG to assess a comprehensive range of strategic options, including business development initiatives, accretive acquisitions focused on U.S.-based artificial intelligence assets, share repurchase programs, recapitalizations, strategic investments or partnerships, and enhanced investor relations programs. The Company believes that this engagement represents a decisive step toward bridging the gap between Scienjoy's current market valuation and its intrinsic value.

"Scienjoy's management team recognizes a significant disconnect between our market capitalization and the true value of our assets and operations," states Mr. Victor He, Chairman and Chief Executive Officer of Scienjoy. "With a net asset value approximately US$170 million, more than seven times our current market capitalization, we believe this engagement with ICG could allow us to unlock maximum value for our shareholders through strategic evaluation and execution."

Strategic Focus Areas

The engagement focuses on identifying opportunities that leverage Scienjoy's financial position and operational capabilities. The Company remains open to all viable options without limitation. Each alternative will undergo rigorous evaluation to ensure alignment with shareholder value creation objectives.

ICG brings specialized expertise in corporate strategy and capital markets to guide Scienjoy through this comprehensive review process. The firm's role encompasses identifying, evaluating, and potentially executing transactions or initiatives that optimize the Company's capital structure and market positioning.

Market Position and Value Proposition

Scienjoy's current financial profile demonstrates substantial cash generation capabilities combined with strategic investments in technology development. The Company's Dubai-based research and development initiatives represent forward-looking investments in innovation and market expansion, both technically and geographically. In parallel, the Company is actively exploring opportunities to expand into adjacent areas such as crypto and the broader digital ecosystem, which it believes will create synergies with its existing business. Management emphasizes that the strategic alternatives review aims to ensure these investments translate into recognized shareholder value.

"This engagement of ICG reflects our commitment to proactive value creation," adds Mr. Victor He, Chairman and Chief Executive Officer of Scienjoy. "We believe our shareholders deserve to see the Company's fundamental value reflected in our market performance, and this engagement provides the framework to achieve that objective."

$SJ Scienjoy Holding Corporation Launches AI Vista Live! Platform, Advancing Next-Generation Digital Human Technology

https://www.prnewswire.com/news-releases/scienjoy-holding-corporation-launches-ai-vista-live-platform-advancing-next-generation-digital-human-technology-302638669.html

BEIJING, Dec. 11, 2025 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "we") (NASDAQ: SJ), an interactive entertainment leader in the Chinese market, today announces that its majority-owned subsidiary, Scienjoy Meta Technology L.L.C ("SJ Meta"), has commercially launched AI Vista Live! in Dubai, a next-generation AI performer platform. The launch marks a milestone in the Company's AI transformation strategy and its expansion into the high-growth digital human sector.

AI Vista Live! delivers lifelike, real-time interaction through multimodal AI and multi-agent architecture. It is designed to serve both consumer and enterprise markets through multiple deployment formats, including a mobile application for consumers, customizable application programming interfaces (APIs) that allow developers to integrate and customize, and enterprise-grade hardware such as kiosk-style terminals and holographic 3D display systems. The platform offers flexible, dynamic behavioral models and rich content-generation capabilities while requiring minimal bandwidth through edge-side deployment, positioning it as a versatile solution for a wide range of use cases.

The platform's multimodal capabilities enable it to process and respond to diverse inputs, while its multi-agent architecture supports sophisticated, context-aware interactions. Key use cases include customer service, entertainment, education, and corporate communications.

SJ Meta's existing AI Vista App and Vista AI Photo Booth have maintained user engagement across multiple events and locations in the United Arab Emirates. Flagship clients of AI Vista Live! include the Abu Dhabi Securities Exchange, Emirates NBD, and Dubai Police, reinforcing AI Vista's growing reputation as a trusted provider of immersive AI experiences in the region.

Mr. Victor He, Chairman and Chief Executive Officer of Scienjoy, commented, "The introduction of AI Vista Live! marks a pivotal moment in Scienjoy's AI innovation roadmap. It bridges the gap between digital interaction and human-like engagement, expanding the possibilities for businesses and consumers to experience and apply AI in real-world scenarios. Dubai serves as our strategic gateway to the Middle East, where demand for advanced AI solutions is accelerating. With AI Vista Live!, Scienjoy is strengthening its presence in next-generation digital human applications in the United Arab Emirates market, demonstrating our commitment to sustained innovation in the rapidly evolving digital-human technology revolution and long-term shareholder value."

Scienjoy (NASDAQ: SJ): Deep-Value, Cash-Rich Tech with Metaverse Upside

https://thestreetreports.com/scienjoy-nasdaq-sj-deep-value-cash-rich-tech-with-metaverse-upside/

Scienjoy Holding Corporation (NASDAQ: SJ) is emerging as one of the most intriguing deep-value opportunities in global small-cap tech. Powered by a cash-rich, high-margin China livestreaming business and a bold expansion into Dubai’s fast-developing metaverse and AI economy, the company offers investors something rare: a profitable core plus a “free option” on one of the world’s most ambitious new digital markets. For investors seeking asymmetric upside, real operational discipline, and underappreciated catalysts, Scienjoy stands at a compelling inflection point.

Fortress Balance Sheet, Margin Expansion & a Core Business Hiding in Plain Sight

Scienjoy’s financial foundation is unusually strong for its size. The company has amassed RMB 1.2 billion in net assets, supported by a $34.6 million cash reserve—representing more than 85% of its current market cap. With cash per share ranging from USD $0.73 to $1.00, the company frequently trades below its own cash balance, providing immediate downside protection.

This balance-sheet strength is anchored by Scienjoy’s mature China livestreaming ecosystem:

Over 320 million registered users
Consistent free cash flow of $9–10 million annually, even amid user base contraction
Top-10 ranking among China’s major livestreaming platforms

Despite a modest 5–7% YoY revenue decline in China, Scienjoy is executing a disciplined operational transformation that is reshaping its margin profile:

Gross margins expanded from 13.2% to 18.0% YoY through lower content costs and renegotiated revenue-share terms
Operating income surged 78% in FY24, marking a major profitability breakout
EPS has turned positive, another inflection point for valuation
ARPPU increased 4% YoY, demonstrating healthy monetization even with fewer users
Operating profit remained stable—a sign of true cost discipline

Independent valuation models now peg the China business alone at $1.81–$1.95 per share (DCF)—well above the current trading range. This suggests the company’s profitable core may be mispriced, with the market overlooking both its cash reserves and margin expansion.

$SJ: This company still making lots of MONEY

In China................. Chiner kids can't get enough of themselves online.
Helps Xi Jingping keep an eye on all of them too.

Watching $SY fly over $3 here and $SJ still down sub $1 makes no sense.

This one will pop hard............. just a matter of when.

Wanna add more here


GO $SJ

Need to do that with IB, thanks

$SJ: Those crooks.............

And they let $GME trade ???

Time to look elsewhere like $IBKR


GO $SJ

Fidelity blocks this from trading. Tried to take a starter.

$SJ: Over $200Milly annual revs

Makes money every year in China.
Now at $0.92

Always worth a watch......... especially now with Chiners GOING.

GO $SJ

SJ new 52 week low

What you actually saying is you can’t trust Chinese businessmen

SJ new 52 week low

Can’t trust these China stocks

ANother China dump.

wow that was SJ crazy


Message in reply to:
Open at 3.90 down to 1,86 back to 4.77 now 3 bucks

LOL

https://www.prnewswire.com/news-releases/scienjoy-amplifies-its-metaverse-vision-with-key-strategic-initiatives-in-dubai-301940497.html

Open at 3.90 down to 1,86 back to 4.77 now 3 bucks

LOL

Correct. I’m referring to the volatility

Makes no sense

WHACKY

Well ok that Dubai news was something...I guess 🤔

Yea another pump on no news

Whacky market I tell ya

LOL

Wooooooo!!

Hmmm $4.20 going to short this scam now

SJOYW: Well then, let's make those Warrants rock AGAIN, Dude!!!! They are now only a paltry $0.06 each, this time around!! And these CHINESE Companies can ROCK the 'Wall Streets' across this little Planet, Homeboys!!

SJ: Is this little puppy ready for an @HKD-like --- explosive, 'Inverted China Syndrome' --- skyrocketing routine???
https://ir.scienjoy.com/ (Very cute little Company!!)
/////////////////////////////////////////////////////////////////////////////////////////////////////////////

SJ buy 3.84

inverted head and shoulders bottom
macd bullish divergence
macd zero crossup
down trendline breakout

Heikin-Ashi Smoothed indicator on Barchart's interactive chart tool
(Note: click on [VIEW LIVE CHART] for the current chart)

https://www.barchart.com/shared-chart/SJ?chart_url=i_1655098625_1435876408&page_url=%2Fstocks%2Fquotes%2FSJ%2Finteractive-chart%3Fid%3D5815840

https://finance.yahoo.com/quote/SJ/profile?p=SJ

https://www.barchart.com/stocks/quotes/SJ

https://finviz.com/quote.ashx?t=SJ

https://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=SJ

https://stockcharts.com/c-sc/sc?chart=SJ,uu[e,a]dhclyiay[uu][pb5!b10!b50!b100!b200!d20,2!h.02,.20!f][vb5!b20][iut!lv8!lk9!LE12,26,9!ll14!la6,13,5!la8,17,9!la12,26,9!uc14!ub14!ub6!lo!lp7,3!lh9,3!LI14,3!lxa!ld8!lq!lg14!lf14][j20444984,y]&r=3555b

https://www.barchart.com/etfs-funds/quotes/SJ/technical-chart?plot=CANDLE&volume=toSJ&data=DO&density=X&pricesOn=1&asPctChange=0&logscale=1&indicators=TREND&sym=SJ&grid=1&height=500&studyheight=100&timeframe=2%20Months




normal chart









log chart









normal chart








log chart

* * $SJ Video Chart 04-06-2021 * *

Link to Video - click here to watch the technical chart video

$SJOYW: I know the excercise price..........


Had to do some digging for it :)



GO $SJOYW

Where's the exercise price though?

$SJ: Now $1.60


Yeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaawwwwwwwwwwwwwwwwwwwwww



Too much fun already



GO $SJOYW

$SJOYW: $1.50 !!!!!!!!!!!!!!!!!!!!


WOooooooooooooooooooooooooooooooooooooooooooooooooo



MONEY MONEY MONEY MONEY !!!!!!



GO $SJOYW

$SJOYW: Now at $1.20 !!!!!!!!!!!


WOooooooooooohooooooooooooooooooooooooooooooooooo



How you like me now ???????



GO $SJOYW

$SJOYW: Warrants went from $0.12 to $1 !!!!!!!!!!!


Wooooooooohoooooooooooooooooooooooooooo


GO $SJOYW

$SJOYW: Information is here..........



https://www.otcmarkets.com/stock/SJOYW/quote



GO $SJOYW

What is the exercise or strike price on the warrants?

$SJOYW: Monster news........ Warrants gonna ROCK


Now at $0.12


GO $SJ & $SJOYW


*****************************************************


BRIEF-Scienjoy Announces Strategic Alliance With Snipp To Launch New Loyalty And Rewards System And Explore Bitcoin And Nft Rewards For Its Approximately 250 Million Users And 300,000 Broadcasters
7:35 AM ET 4/6/21 | Reuters
BRIEF-Scienjoy Announces Strategic Alliance With Snipp To Launch New Loyalty And Rewards System And Explore Bitcoin And Nft Rewards For Its Approximately 250 Million Users And 300,000 Broadcasters
April 6 (Reuters) - Scienjoy Holding Corp:

* SCIENJOY ANNOUNCES STRATEGIC ALLIANCE WITH SNIPP TO LAUNCH NEW LOYALTY AND REWARDS SYSTEM AND EXPLORE BITCOIN AND NFT REWARDS FOR ITS APPROXIMATELY 250 MILLION USERS AND 300,000 BROADCASTERS

* SCIENJOY - THROUGH SCIENJOY INC., IT HAS ENTERED INTO A STRATEGIC ALLIANCE VIA A MASTER SERVICES AGREEMENT WITH SNIPP INTERACTIVE Source text for Eikon: Further company coverage:

Could this stock be delisted because it’s located in Beijing China?

https://www.cnbc.com/2020/05/21/bill-that-could-delist-chinese-stocks-in-the-us-moving-at-warp-speed.html


Chinese companies are toasy

Not a hole lot on this board.

I did once Stelia Jones STLJF not JS NASDAQ

Who posts the appropriate ticker?

NOTE: the ticker SJ is also a ticker for Stella Jones Inc. that trades on the Canadian TSX.

The I-HUB programme has so far only recognized the TSX Stella Jones ticker.

I'll wait to see if the quote box will change to Scienjoy Holding Corp.

Perhaps the company should consider changing the ticker to SJOY to avoid marketplace confusion.

Per the May 7th news release Wealthbridge Acquisition Ltd., ticker HHHH, is changed to Scienjoy Holding Corp., ticker SJ:


https://ih.advfn.com/stock-market/NASDAQ/wealthbridge-acquisition-HHHH/stock-news/82409250/wealthbridge-acquisition-limited-and-scienjoy-inc

Their business model.


https://www.scienjoy.com/our-business

Look at the job vacancies.

https://www.scienjoy.com/careers