The 9th Zhituo Financial Capital Markets Annual Conference and Listed Company Awards Ceremony was held in Shenzhen, where QuantaSing Group (QSG.US) won the award for "Most Investable Chinese Concept Stocks."
Recently, the 9th Zhituo Financial Capital Markets Annual Conference and Listed Company Awards Ceremony took place in Shenzhen, where QuantaSing Group (QSG.US) was awarded the title of "Most Investable Chinese Concept Stocks." The conference was jointly hosted by Zhituo Financial, a leading domestic platform for Hong Kong and U.S. stock information, and New Wisdom Fund Network, a one-stop service platform for Chinese overseas private equity funds, with support from the professional financial roadshow live-streaming platform "Dalu Yanchuang." QuantaSing Group's CFO, Xie Dong, participated in the listed company roadshow, elaborating on QuantaSing's business layout and investment value.
The "Most Investable Chinese Concept Stocks" award primarily recognizes U.S. listed companies that exhibit excellent business models and strong operational performance, which not only provide continuous value returns to investors but also offer better products or services to society and make outstanding contributions to social responsibility.
Not long ago, QuantaSing announced its Earnings Reports for the first quarter of fiscal year 2025 (defined as the period from July 1, 2024, to September 30, 2024), reporting total revenue of 0.81 billion yuan and a Net income of 80.69 million yuan, a year-on-year increase of 21.0%. As of September this year, the total number of registered users for QuantaSing reached 0.135 billion, representing a year-on-year growth of 30.2%, with paying users increasing by 16.8% year-on-year. The quality of user growth and user retention for QuantaSing has improved, showing a favorable development trend of both quantity and quality rising together.
The high-quality growth of QuantaSing's user base is attributed to its continuous deepening and precise layout within the silver economy sector. The elderly demographic, as the core target user group for QuantaSing, is becoming an important engine driving the company's user growth.
Currently, there is a strong demand for comprehensive services among the elderly population. Surveys indicate that over 80% of the silver demographic are already engaged in interest-based learning, and among those not currently participating, over 66% wish to engage in related studies. This demonstrates a robust demand for comprehensive services in learning, culture, and health among the elderly, providing a broad space for QuantaSing to establish a sustainable competitive advantage in the silver economy market.
Against the backdrop of rapidly increasing market demand and the continuous introduction of bullish policies, QuantaSing Group seizes opportunities to continuously upgrade service levels, rejuvenate business models, and develop from online interest-based Education to a high-quality life service model that meets users' personalized and diversified needs, forming a comprehensive product service ecosystem that integrates online and offline.
The high-quality products and services of QuantaSing Group have won recognition and praise from a wide range of users, and the word-of-mouth effect among users is gradually becoming apparent. Increasing numbers of users are joining the QuantaSing family through word-of-mouth and Social Media recommendations, providing strong support for the continuous growth of the company's user base.
The company continually expands service boundaries through technological innovation and refined services to meet the growing spiritual and cultural needs of the elderly population, continuously empowering the high-quality development of the Silver economy. At the same time, QuantaSing Group actively attempts new offline service scenarios utilizing existing advantages. Through a light asset model, it plans to establish community senior learning centers at key locations such as regional elderly service centers and community elderly service stations, and promotes the layout of comprehensive retirement service centers throughout Peking.
QuantaSing Group's CFO, Xie Dong, stated that sufficient Cash reserves provide a solid guarantee for the company's continued investment and innovative exploration in the field of the Silver economy in the future. As of the end of September 2024, the company had cash reserves of 1.194 billion yuan, a 16.3% increase from the end of June this year. The ample Cash reserves also laid the foundation for the announcement of special dividends this quarter. The company announced its first special cash dividend plan in October, distributing $0.201 per ADS, and is completing the first special dividend of $11 million after listing. This not only reflects the company's robust financial strength but also demonstrates its determination to actively return value to Shareholders. In the future, QuantaSing Group is expected to create greater social value and commercial value.