QUANTASING GROUP LTD Stock Price, News & Analysis

QuantaSing Group Limited (NASDAQ: QSG) announced shareholder approval on November 6, 2025 to change its name to Here Group Limited and adopt the dual foreign name 奇梦岛集团有限公司. Shareholders also approved the amendment and restatement of the company’s constitutional documents by replacing the Second Amended and Restated Memorandum and Articles of Association with a Third Amended and Restated version.

The company said its American Depositary Shares (each representing three Class A ordinary shares) will continue trading on NASDAQ and are expected to begin trading under the new name and ticker HERE at market open on or around November 10, 2025. Management described the change as part of a pivot to a pure‑play pop toy business and a refreshed corporate identity.

QuantaSing (NASDAQ: QSG) filed its annual report on Form 20-F for the fiscal year ended June 30, 2025 with the SEC on October 31, 2025. The filing is available on the SEC website and on QuantaSing's investor relations site.

The company said it will provide a hard copy of the annual report, including audited consolidated financial statements, free of charge to shareholders and ADS holders upon request by contacting its Investor Relations Department at ir@quantasing.com.

QuantaSing Group (NASDAQ: QSG) announced a major business restructuring, including the termination of its VIE agreements and divestment of its online learning services business. The company will sell its interests in Beijing Feierlai, Beijing Chuangyuqizhi, QS International, and Rare River to a third-party buyer for RMB162 million and US$2.5 million.

Following the restructuring, QuantaSing will focus exclusively on its pop toy business through Shenzhen Yiqi Culture Co., Ltd. The company plans to rebrand as "Here Group Limited" and change its ticker symbol to "HERE", subject to shareholder approval at an extraordinary general meeting scheduled for November 6, 2025.

QuantaSing (NASDAQ: QSG) reported its Q4 and FY 2025 financial results, highlighting a strategic transformation from traffic-driven to product-driven growth. Q4 FY2025 revenues reached RMB617.8 million (US$86.2 million), up 8.3% QoQ but down 38.2% YoY. The company's newly acquired pop toy business contributed RMB65.8 million in revenue, representing 10.6% of total revenue.

Q4 net income was RMB108.0 million (US$15.1 million), while FY2025 revenues totaled RMB2,725.6 million (US$380.5 million). The company's strategic pivot led to significantly reduced marketing expenses, improving to 47.6% of revenue from 69.2% in the previous quarter. Following the Letsvan acquisition, QuantaSing now manages 15 IPs in its pop toy business portfolio.

QuantaSing Group (NASDAQ: QSG), a lifestyle solution provider focused on adult well-being, has scheduled the release of its Q4 and full fiscal year 2025 unaudited financial results. The announcement will be made before U.S. market opens on September 17, 2025.

The company will host an earnings conference call at 7:00 AM ET (7:00 PM Beijing Time) on the same day. A replay of the call will be available through September 24, 2025, and investors can access both live and archived webcasts through the company's IR website.

QuantaSing Group (NASDAQ: QSG) has announced plans to acquire the remaining equity interests in Letsvan, a Chinese company specializing in IP incubation, pop toys, and cultural products. The transaction involves issuing 18,219,330 Class A ordinary shares to Letsvan's founder and CEO, Mr. Huiyu Zhan, through a private placement in three installments.

Following previous transactions from December 2024 to March 2025, QuantaSing had already obtained control of Letsvan. Upon completion, Letsvan will become a wholly-owned subsidiary. Additionally, Mr. Zhan will join QuantaSing's board of directors effective August 1, 2025, bringing his extensive experience in cultural gifts and pop toys sectors, including previous roles at Walmart (Shenzhen) and CITIC Health.

QuantaSing Group (QSG) reported mixed Q3 FY2025 financial results with significant revenue declines but improved profitability year-over-year. Revenue decreased 39.6% YoY to RMB570.7M (US$78.6M), while net income increased 181.2% YoY to RMB41.1M (US$5.7M). The company completed a strategic acquisition of 61% stake in Letsvan for RMB235M, marking its entry into the pop toys market. Total registered users grew 19.9% YoY to 145M. The company is shifting from traffic-driven growth to a product-driven model, focusing on brand development and sustainable growth. QuantaSing also announced a new US$20M share repurchase program for 2025-2026. The decline in revenue was primarily due to decreased performance in individual online learning services, which fell 43.6% YoY to RMB467.2M.

QuantaSing Group Limited (NASDAQ: QSG), a lifestyle solution provider focused on adult well-being, has scheduled the release of its Q3 FY2025 unaudited financial results for June 6, 2025, before U.S. market opening. The company will host an earnings conference call at 7:00 AM ET (7:00 PM Beijing Time) on the same day. The call will be accessible via multiple toll-free numbers across regions, with replay available until June 13, 2025. Investors can also access the live and archived webcast through the company's IR website at ir.quantasing.com.

QuantaSing Group (NASDAQ: QSG) has announced its strategic entry into the pop toys market through an investment in Shenzhen Yiqi Culture Co., (Letsvan), which will become a controlled subsidiary with consolidated financial results.

The global character toy market reached RMB345.8 billion in 2023 and is projected to grow at 9.3% CAGR to RMB540.7 billion by 2028. China's market, valued at RMB40.3 billion in 2023, is expected to reach RMB91.1 billion by 2028 with a 17.7% CAGR.

Letsvan specializes in IP incubation and pop toys, featuring popular characters like Wakuku and Ziyuli. The company has established partnerships with major retail chains and e-commerce platforms, with ongoing international expansion into Southeast Asia. QuantaSing plans to implement an omni-channel strategy and will leverage its digital marketing capabilities to scale the business.