The Quantum Song (QSG.US) released the financial report for the second quarter of the 2024 fiscal year, with revenue and profits reaching a record high.

+ +AIAI +Our self-developed live streaming technology and intelligent operation system not only greatly reduce operating costs, but also ensure the high stability of the system through rapid iteration and stable deployment, guaranteeing a high-quality learning experience for online services.The continuous accumulation and breakthrough in technology of the Quantum Song have also enabled it to explore a "live streaming+" business model with technology as the core and high-quality content as the carrier. This innovative application of the model has helped Quantum Song to expand into diverse business areas, such as the live streaming e-commerce business of Chinese liquor. In this quarter, the Group achieved a significant leap in revenue in other aspects, increasing from approximately 100,000 RMB in the second quarter of the 2023 fiscal year to approximately 49.3 million RMB in the second quarter of the 2024 fiscal year, a 493-fold increase, with the core reason being the rapid development of the live streaming e-commerce business. Looking ahead, Quantum Song will continue to deepen its healthy development strategy, always focusing on user needs, continuously innovating products and services, and meeting the personalized learning needs of different user groups. At the same time, the company will further strengthen its technological investment and talent reserves, aiming to provide more users with high-quality, professional learning experiences, and continue to create greater value for society.