Revenue Achievement
QuantaSing achieved revenue of RMB 570.7 million, marking a significant milestone in their strategic shift from traffic-driven to product-driven business models.
Successful Consolidation and Market Expansion
The consolidation of Letsvan positions QuantaSing at the forefront of the high-growth Pop Toy market, with promising initial results in IP development and market performance.
High Satisfaction and Retention in Senior Programs
Calligraphy program achieved a repeat purchase rate exceeding 55%, and an integrated approach to learning and trips resulted in a 100% satisfaction rate among participants.
Solid Gross Margin and Profitability
The company maintained a high gross margin of 83.1% and achieved a net income of RMB 41.1 million, despite a decrease in revenue.
Strategic Expansion in Pop Toy Market
The launch of new WAKUKU series achieved record-breaking sales, and international expansion into Southeast Asia is underway with positive reception.