SHE:002555

37 Interactive Entertainment Network Technology Invests 20 Million Yuan in Pan-Technology Fund

37 Interactive Entertainment Network Technology (SHE:002555) subsidiary Anhui Taiyun will invest up to 20 million yuan for a 32.25% stake in the Hainan Juhong Hesheng Fund.The fund, with a total target size of 62.0 million yuan, targets the pan-technology sector, according to a Shanghai bourse filing on Wednesday. The fund has a four-year investment period and one-year exit window.Shares of the online game operator closed 4% lower Wednesday.

Market Chatter: Alibaba Looks to Sell Lingxi Games Arm

Alibaba (HKG:9988) is looking to sell its Lingxi Games division for 7 billion yuan to 9 billion yuan, The Standard and other mainland media reported Tuesday.China Ruyi (HKG:0136), 37 Interactive Entertainment Network Technology (SHE:002555), Zhejiang Century Huatong Group (SHE:002602), and Giant Network (SHE:002558) are among the buyers, the reports said.Alibaba, Ruyi, 37 Interactive, Century, and Giant Network did not immediately respond to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

37 Interactive Entertainment Network's Unit to Inject 10 Million Yuan Into Partnership Fund

37 Interactive Entertainment Network Technology's (SHE:002555) unit, Anhui Taiyun Investment Management, plans to invest 10 million yuan into a partnership fund, according to a Shenzhen bourse filing on Tuesday.Zhongcheng Dianshi (Tianjin) Venture Capital Partnership (Limited Partnership) will have a fund size of up to 250 million yuan. The fund will invest in Origin Quantum Computing Technology (Hefei).Taiyun Investment Management will own 4% of the fund.

37 Interactive Entertainment Network's Attributable Profit Jumps 8.5% in 2025

37 Interactive Entertainment Network Technology's (SHE:002555) attributable profit rose 8.5% to 2.90 billion yuan in 2025 from 2.67 billion yuan in 2024, according to a Tuesday filing with the Shenzhen bourse.Earnings per share at the online game operator increased 9.1% to 1.32 yuan from 1.21 yuan in the previous year.Operating revenue declined 8.5% year over year to 16 billion yuan from 17.4 billion yuan.

37 Interactive Entertainment Network's Attributable Profit Rises 59% in Q1

37 Interactive Entertainment Network Technology's (SHE:002555) attributable profit rose 59% to 873.3 million yuan in the first quarter from 549.2 million yuan in the year-ago period, according to a Tuesday filing with the Shenzhen bourse.Earnings per share at the online game publisher increased 60% to 0.40 yuan from 0.25 yuan in the prior-year period.Operating revenue declined 12% year over year to 3.72 billion yuan from 4.24 billion yuan.

Jefferies Adjusts 37 Interactive Entertainment Network Technology Group's Price Target to 27 Yuan from 23.10 Yuan, Keeps at Buy

37 Interactive Entertainment's 2025 Profit, Revenue Rise 9%; Shares Down 5%

37 Interactive Entertainment Network Technology's (SHE:002555) net profit attributable to shareholders in 2025 rose 8.5% to 2.90 billion yuan from 2.67 billion yuan a year earlier, according to a Shenzhen bourse filing on Friday.Earnings per share climbed 9.1% year on year to 1.32 yuan from 1.21 yuan.Operating revenue increased 8.5% to almost 16 billion yuan from 17.4 billion yuan in the previous year.The Chinese entertainment company's shares dropped 5% during late-morning trade Friday.