Scienjoy Holding Corp

Scienjoy Holding Corp. provides mobile entertainment live streaming platforms in China. The firm operates its platforms on both PC and mobile apps, through which users can enjoy immersive and interactive entertainment live streaming. Its different platforms include broadcaster policy, events, promotion and games. The firm also provides technological infrastructure to enable broadcasters, online users, and viewers to interact with each other during live streaming. The company was founded by Xiao Wu He, Pei Lu & Bo Wan in October 2011 and is headquartered in Beijing, China.

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BEIJING , June 17, 2022 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (Nasdaq: SJ), a leading live entertainment mobile streaming platform in China, today announced on June 1, 2022, Scienjoy entered into definitive agreements (the "Agreements"), through its wholly-owned subsidiary, Sixiang Infinite (Zhejiang) Culture Technology Co., Ltd., with Sixiang Qiyuan (Hangzhou) Culture Technology Co., Ltd.

Scienjoy Enters into Agreements to Obtain Business Controls of Operation in Hangzhou to Facilitate its Business Expansion

Annual Revenues Increased by 36.6% Year Over Year BEIJING , May 17, 2022 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, today announced its financial results for the year ended December 31, 2021. Fiscal Year 2021 Operating and Financial Highlights Total net revenues in fiscal year 2021 increased by 36.6% to RMB1,669.4 million (US$262.0 million) from RMB1,222.2 million in fiscal year 2020.

Scienjoy Holding Corporation Reports Fiscal Year 2021 Financial Results

BEIJING, Dec. 29, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (Nasdaq: SJ), a leading live entertainment mobile streaming platform in China, today announced that it has entered into an equity acquisition framework agreement (the "Agreement") to acquire 100% equity interest in Beijing Weiliantong Tech Co., Ltd ("Weiliantong"), which holds Hongle.tv, and 100% equity interest in Golden Shield Enterprises Limited ("Golden Shield"), which holds the NFT business for a total consideration of RMB280 million (approximately US$43.8 million). The objective of the Agreement is to support the Company's strategic growth initiative of acquiring the top-tier online live streaming platform Hongle.tv and expanding NFT business scope.

Scienjoy to Acquire Top-tier Online Live Streaming Platform Hongle.tv and Expand NFT Business Scope

BEIJING, Dec. 21, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (Nasdaq: SJ), a leading live entertainment mobile streaming platform in China, today announced that the Company intends to develop a NFT Blind Box Project with Herr Gallery, an NFT-focused art gallery based in New York, based on the painting entitled "Liberty" and the subsequent Liberty Mural project by New York artist Julie Harvey. Scienjoy and Herr Gallery plan to unveil the NFT Blind Box Project, along with the launch of Herr Gallery's proprietary NFT marketplace, in the first quarter of 2022.

Scienjoy and Herr Gallery Jointly Announce NFT Blind Box Project with Artist Julie Harvey

BEIJING, Nov. 22, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, today announced its unaudited financial results for the nine months ended September 30, 2021. Nine Months 2021 Operating and Financial Highlights Total net revenues for the nine months ended September 30, 2021 increased by 52.5% to RMB1,171.2 million (US$181.8 million) from RMB767.8 million in the same period of 2020.

Scienjoy Holding Corporation Reports Interim Nine months ended September 30, 2021 Unaudited Financial Results

BEIJING, Nov. 16, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (Nasdaq: SJ), a leading live entertainment mobile streaming platform in China, today announced that Victor He, Chairman and CEO of Scienjoy, accepted his interview with other participants on topic of Metaverse with Phoenix Television, a partially state-owned television network that offers Mandarin and Cantonese-language channels that serve the Chinese mainland, Hong Kong, Macau, Taiwan and other markets with substantial Chinese-language viewers. Scienjoy, with its partners Global Friendship Exchange Foundation (GFE) and Herr Gallery, has been working on supporting young artists with Non-Fungible Token (NFT) art creation and droppings on major NFT platforms, such as OpenSea and Rarible, for the past months.

Scienjoy CEO Says "NFTs and Metaverse in The World of Live Streaming Are Coming Strong Than Ever"

BEIJING, Nov. 10, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (Nasdaq: SJ), a leading live entertainment mobile streaming platform in China, today announced that the Company's New York team participated in the largest annual Non-Fungible Token event, NFT.NYC (the "Event") from November 1 st to November 4 th in New York City. The Event attracted a large number of attendees, including some key players in the NFT industry such as Opensea, Clubrare, Topps NFTs, Christie's, and MoonPay.

Scienjoy Attends NFT.NYC, The Leading Annual Non-Fungible Token Event

BEIJING, Nov. 8, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (Nasdaq: SJ), a leading live entertainment mobile streaming platform in China, today announced that all shareholder resolutions proposed at the Company's 2021 annual general meeting of shareholders (the "AGM") held on November 8, 2021, at 10:00 a.m. local time in Beijing, China, were duly passed.

Scienjoy Announces Results of Annual General Meeting of Shareholders for Fiscal Year 2021

The stock price of Scienjoy Holding Corp (NASDAQ: SJ) increased by over 15% today. This is why it happened.

SJ Stock: Why It Increased Substantially Today

BEIJING, Sept. 29, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (Nasdaq: SJ), a leading live entertainment mobile streaming platform in China, today announced that Scienjoy expects to incorporate the Company's technologies in Artificial Intelligence (AI), Augmented Reality (AR), Virtual Reality (VR), and Non-Fungible Tokens to expand to the metaverse project.

Scienjoy to Initiate Metaverse Project Based on Its Virtual Worlds Platform

BEIJING, Sept. 22, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, and LATITUDE Gallery have jointly opened an art exhibition in New York to support young artists and showcase their non-fungible token (NFT) artwork as well as traditional art.

Scienjoy, LATITUDE Gallery Launch New York Exhibit to Showcase NFT Work by Young Asian Artists

BEIJING, Aug. 25, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (Nasdaq: SJ), a leading live entertainment mobile streaming platform in China, today announced that Scienjoy will cooperate with Global Friendship Exchanges Foundation ("GFE Foundation") to commence a project of building a dedicated team of highly skilled engineers with AI and game development experience to help artists launch their non-fungible token (NFT) artworks on major platforms such as OpenSea, Rarible and Foundation as the Company is committed to cultivating cutting-edge technology and diverse entertainment for  its platform. This is a continuous effort of Scienjoy and GFE Foundation, a U.S-based non-profit organization dedicated to supporting young artists around the world, under the strategic partnership between the two parties that was previously announced on July 7, 2021.

Scienjoy Partners with Global Friendship Exchanges Foundation to Build a Dedicated Tech Team for Artists

BEIJING, Aug. 23, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, today announced its financial results for the first six months ended June 30, 2021.  First Half 2021 Operating and Financial Highlights Total net revenues increased by 68.0% to RMB758.3 million (US$117.4 million) from RMB451.4 million in the same period of 2020.

Scienjoy Reports 2021 First Half Financial Results

The stock price of Scienjoy Holding Corp (NASDAQ: SJ) increased by over 8% pre-market. This is why it happened.

SJ Stock Increases Over 8% Pre-Market: Why It Happened

BEIJING, Aug. 2, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, today announced plans to establish a livestreaming studio and non-fungible token (NFT) art gallery in New York to assist young artists in entering the virtual art market and livestreaming as part of its partnership with the Global Friendship Exchange Foundation ("GFE Foundation"). This is the first initiative for Scienjoy and GFE Foundation, a U.S-based non-profit organization dedicated to supporting young artists around the world, under the strategic partnership between the two parties that was announced July 7, 2021.

Scienjoy Partnership to Build U.S Livestreaming Studio and NFT Gallery

BEIJING, July 7, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, today announced that it has entered into a strategic partnership with the Global Friendship Exchange Foundation ("GFE Foundation"), a U.S-based non-profit organization dedicated to supporting young artists from around the world. The partnership will help young artists sell non-fungible tokens (NFTs) from original artwork across various platforms and establish a livestreaming studio in New York.

Scienjoy Announces Strategic Partnership to Create NFTs and Livestreams for Young Artists Around the World

BEIJING, May 26, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, today announced its financial results for the first quarter ended March 31, 2021.  First Quarter 2021 Operating and Financial Highlights Total net revenues increased by 68.8% to RMB 365.0 million (US$55.7 million) from RMB216.3 million in the same period of 2020, exceeding the high end of the estimated range for total net revenues released by the Company on May 6, 2021.

Scienjoy Reports Unaudited First Quarter 2021 Financial Results

BEIJING, May 17, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, today announced that it has entered into a strategic framework agreement with Qingyin (Beijing) Culture Technology Co., Ltd. ("Qingyin Culture"), a leading multi-channel network (MCN) on WeChat Channels, a short video platform embedded in WeChat.

Scienjoy Signs Strategic Framework Agreement with Multi-Channel Network Qingyin Culture to Accelerate Deployment in WeChat Ecosystem

BEIJING, May 10, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, is pleased to announce it has signed a memorandum of understanding (MOU) with Beijing Douneng Maihuo Culture Media Co., Ltd. ("Douneng Maihuo"), a prominent multi-channel network (MCN) and health e-commerce provider on Douyin.

Scienjoy Signs MOU with Douneng Maihuo, a Leading E-Commerce Provider on Douyin

BEIJING, May 6, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, today announced select preliminary estimated unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Preliminary Results Total net revenues are expected to be in the range of RMB335 million to RMB357 million, representing a year-over-year increase between 55% to 65%.

Scienjoy Preannounces Preliminary Unaudited First Quarter 2021 Financial Results

BEIJING, May 3, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, today announced its unaudited financial results for the year ended December 31, 2020.  The following are all unaudited financial information.

Scienjoy Holding Corporation Reports Fiscal Year 2020 Unaudited Financial Results, Unaudited Quarterly Revenues Exceeded Guidance Forecasts for Third and Fourth Quarters, and Unaudited Annual Revenues Increased by 33.6% Year Over Year

BEIJING, April 29, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, today launched the first video demonstration of the Company's virtual worlds and games featuring Non-Fungible Tokens ("NFTs"). This initiative aims to educate international audiences on Scienjoy's immersive entertainment experience while showing how NFTs enrich gameplay.

Scienjoy Launches Video Demonstration of Non-Fungible Token Game Experience

The company launched NFTs on its platform today after partnering with a loyalty and rewards program company earlier this month.

Why Shares of Scienjoy Holding Are Rising Today

The stock price of Scienjoy Holding Corp (NASDAQ: SJ) increased by over 25% pre-market. This is why it happened.

SJ Stock: Over 25% Increase Pre-Market Explanation

BEIJING, April 19, 2021 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, today announced that it has entered into a strategic partnership with Jiada Hexin (Beijing) Science and Technology Ltd. ("Jiada Hexin"), an online-to-offline (O2O) aesthetic medicine platform.

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