Scienjoy Holding Corporation's SEC filings document foreign private issuer reporting for an interactive entertainment and mobile live streaming company. Recent Form 6-K reports furnish audited and unaudited financial results, disclose revenue-sharing and user-acquisition cost trends, and attach press releases that are incorporated by reference into the company's S-8 and F-3 registration statements.
The filings also record AI product launches and deployments, including AI Vista Live! and AI-powered live streamers, as well as Nasdaq Capital Market bid-price compliance notices. Other current reports cover financial-advisor engagement, capital-structure context, and matters involving Scienjoy's Class A ordinary shares.
Scienjoy Holding Corp. reported second-quarter 2026 revenue of RMB305.4 million, down from RMB349.0 million a year earlier, and net income attributable to shareholders of RMB11.1 million versus RMB22.6 million. For the six months ended June 30, 2026, revenue was RMB588.1 million, compared with RMB656.4 million in 2025; the company attributed the decrease primarily to fewer paying users (196,374 versus 253,888), partly offset by average revenue per paying user rising to RMB2,908 from RMB2,518. First-half net income attributable to shareholders rose 48.0% to RMB20.0 million, while operating cash flow fell to RMB24.2 million from RMB51.0 million. Cash and cash equivalents were RMB329.9 million as of June 30, 2026.
After the period, Scienjoy’s wholly owned subsidiary completed the purchase of 239,234,000 Leader Education ordinary shares from Shuren Education Limited for HK$102.69 million on October 15, 2026; the shares represented 29.9% of Leader Education’s issued and outstanding share capital. Scienjoy identified the transaction as related-party because its independent director, Jun Lu, is also an executive director of Leader Education.
Scienjoy Holding Corp (symbol: SJ) is the issuer of record for a Form 6-K filing submitted to the SEC.
Scienjoy Holding Corp director Liu Yongsheng reported selling a total of 30,000 shares of Class A Common Stock in open-market transactions over June 8–10, 2026. The reported sale prices ranged from $1.05 to $1.16 per share. After these sales, Liu directly owns 44,500 Class A Common Stock shares.
Scienjoy Holding Corporation submitted a Form 144 notice to sell 30,000 Class A ordinary shares.
The filing lists two tranches tied to employee plans: 19,600 shares dated 06/02/2022 and 10,400 shares dated 11/18/2022, described as cashless transactions. The shares are identified as Class A ordinary shares for sale on NASDAQ.
Scienjoy Holding Corporation reported unaudited results for the first quarter ended March 31, 2026, showing a return to profitability despite lower revenue. Total revenues were RMB282.6 million (US$41.0 million), down from RMB307.3 million a year earlier, mainly due to fewer paying users in China’s competitive mobile live streaming market.
Net income reached RMB7.6 million (US$1.1 million), compared with a net loss of RMB13.0 million in the same period of 2025, helped by tighter cost control and a much smaller loss from fair value changes in marketable securities. Adjusted net income attributable to shareholders was RMB9.4 million (US$1.4 million).
The core live streaming business remained the main cash generator, while management emphasized ongoing investment in AI initiatives such as AI Vista Live! to support future growth. Cash and cash equivalents increased to RMB326.3 million (US$47.3 million) as of March 31, 2026, giving the company resources to fund AI commercialization and enterprise solutions.
Scienjoy Holding Corp’s significant shareholder Wolter Global Investment Limited and individual filer Guo Junpeng filed Amendment No. 2 to their Schedule 13D to report a full exit from their position. Wolter Global entered three Securities Purchase Agreements on April 9, 2026 to sell an aggregate 4,661,476 Class A ordinary shares for $5,593,771, with the transactions closing on April 30, 2026.
Following these sales, each reporting person lists 0.00 shares beneficially owned and 0% of the class, and this amendment is described as the final, “exit” filing, reflecting that they ceased to be beneficial owners of more than five percent of Scienjoy’s Class A ordinary shares as of April 30, 2026.
Scienjoy Holding Corporation reported a sharp swing to loss in 2025 as it recorded large non-cash write-downs. For the year ended December 31, 2025, revenue declined to RMB1,241.6 million, reflecting fewer paying users in a more competitive Chinese live-streaming market.
The company booked a net loss of RMB595.0 million, driven mainly by RMB712.3 million of non-cash items, including full impairment of RMB186.2 million of goodwill and RMB398.8 million of intangible assets, and higher provisions for credit losses. Operating results turned from a RMB40.7 million profit in 2024 to a RMB78.9 million loss.
Despite the accounting charges, Scienjoy highlighted continued profitability in its live-streaming operations and an AI-focused strategy centered on its AIGC platform AI Vista and AI Vista Live!. Cash and cash equivalents increased 21.8% to RMB307.7 million, supporting ongoing operations and planned AI and global expansion initiatives.
Scienjoy Holding Corporation files its annual Form 20-F as a British Virgin Islands holding company that operates China-based live-streaming platforms through variable interest entities (VIEs). Investors in Class A shares hold equity in the offshore holding company, not in the PRC operating entities.
The company’s revenue comes mainly from virtual gifts purchased on its mobile live-streaming platforms, relying heavily on paying users and top broadcasters. Management reports that total revenues fell by 7% in 2024 versus 2023 and by a further 9% in 2025 versus 2024, primarily due to fewer paying users amid intense industry competition.
The filing highlights substantial risks: regulatory uncertainty around the VIE structure in China, content and licensing compliance, heavy dependence on a small number of virtual currency distributors, and concentration of operations and data within China’s regulated internet environment. Scienjoy is also expanding internationally via subsidiaries in Dubai, Singapore, and South Korea, and warns that recent military conflict involving the United States, Israel and Iran may disrupt operations and consumer spending in the Gulf region.
Scienjoy Holding Corp director Zhou Hucheng reported ownership of Class A Common Stock. The filing shows he holds 53,900 shares directly as of the reported date. This is a holdings disclosure and does not detail any recent share purchases or sales.
Scienjoy Holding Corp director Lu Jun filed an initial ownership report on Form 3. The filing shows beneficial ownership of 34,300 shares of Class A Common Stock held directly. This is a baseline disclosure of Lu Jun’s position and does not report any recent share purchases or sales.