In 2023, the company's social business revenue structure was optimized.
The Zhitong Finance App learned that on March 22, Chizicheng Technology (09911) held the 2023 annual results conference. Song Pengliang, senior vice president of the company, explained that in 2023, the company's social business revenue structure was optimized. Latecomer products such as SUGO and TopTop are growing strongly, and their share of revenue has increased markedly; MICO's share of revenue per product has declined, falling from 72% to 40% of social business revenue. The company's social networking business has gradually formed a multi-pronged growth pattern, and the overall revenue structure is healthier and more sustainable.