-+ 0.00%
-+ 0.00%
-+ 0.00%
Yuewen Group released its 2026 interim results report. The report shows that in the first half of 2026, the revenue from reading documents reached 3.53 billion yuan, an increase of 10.7% over the previous year, and the company's equity holders should account for about 135 million yuan in profit. Under the guidance of the “IP+AI” strategy, in the first half of 2026, Reading Text relied on AI technology to adapt thousands of online articles into AI comics. Of these, 46 had more than 100 million views and 367 had more than 10 million views. Financial reports show that in the first half of 2026, the revenue of short skits and AI comics business exceeded 430 million yuan, more than three times that of the same period last year. At the same time, the IP derivatives business of Reading Wen showed a steady and sustainable growth trend. In the first half of 2026, the GMV of the IP derivatives business of Reading Text reached 780 million yuan, an increase of more than 60% over the previous year. Multiple breakthroughs in the new IP business format led to a 41.9% year-on-year increase in IP copyright revenue to 1.61 billion yuan.
Share
Listen to the news
Yuewen Group released its 2026 interim results report. The report shows that in the first half of 2026, the revenue from reading documents reached 3.53 billion yuan, an increase of 10.7% over the previous year, and the company's equity holders should account for about 135 million yuan in profit. Under the guidance of the “IP+AI” strategy, in the first half of 2026, Reading Text relied on AI technology to adapt thousands of online articles into AI comics. Of these, 46 had more than 100 million views and 367 had more than 10 million views. Financial reports show that in the first half of 2026, the revenue of short skits and AI comics business exceeded 430 million yuan, more than three times that of the same period last year. At the same time, the IP derivatives business of Reading Wen showed a steady and sustainable growth trend. In the first half of 2026, the GMV of the IP derivatives business of Reading Text reached 780 million yuan, an increase of more than 60% over the previous year. Multiple breakthroughs in the new IP business format led to a 41.9% year-on-year increase in IP copyright revenue to 1.61 billion yuan.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending