Xinju Network (605398.SH): Revenue from short drama and intelligent content production and marketing business accounts for a relatively small proportion of the company's revenue.
Zhitong Finance APP News, New Ju Network (605398.SH) issued a stock price abnormal movement announcement stating that the company's revenue from the production and marketing of short dramas and intelligent content accounts for a relatively small proportion of the company's operating revenue. Although this business is in the business expansion stage and its scale has grown somewhat, affected by factors such as the volatile industry landscape, intensified competition, and the fact that the effectiveness of placement conversion has not yet been fully released, it has not yet achieved profitability and is currently in a loss-making state. Whether it can achieve profitability in the future is uncertain, and investors are kindly requested to pay attention to investment risks.
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