Ourpalm Co Ltd Financial Update

OurPalm Co., Ltd., a communication services company based in Beijing, China, specializes in developing, publishing, and operating smart mobile and social web games, as well as managing TV, film, and music production, and celebrity representation activities. Listed on the Shenzhen Stock Exchange since May 11, 2012, the company operates in the entertainment sector within the broader communication services industry.

Recent Stock Performance

As of May 29, 2025, Ourpalm’s stock closed at 5.02 CNY. Over the past year, the stock has experienced a 52-week high of 7.27 CNY on November 27, 2024, and a 52-week low of 3.89 CNY on July 24, 2024. The company’s market capitalization stands at 12,675,982,166 CNY, with a price-to-earnings ratio of 147.316.

Market Trends and Related News

On June 3, 2025, the broader market saw the Shenzhen Stock Exchange’s ChiNext Index rise by 0.48%, reaching 2002.70 points. The entertainment sector, particularly game-related stocks, showed significant activity. The China Securities Animation and Game Index increased by 3.11%, with related ETFs such as the Huatai-PineBridge Game ETF, Game ETF, and Game ETF rising by 3.13%, 3.07%, and 2.90%, respectively.

Key Developments

  • Investment in Animoca Brands: Ourpalm has invested in Hong Kong-based Animoca Brands Limited. As of March 2025, Animoca Brands had issued a total of 1,943,673,633 shares. Ourpalm’s investment in Animoca Brands dates back to 2015, with a current holding of 14,783,714 shares.

  • Market Activity: On June 3, 2025, the market saw significant trading activity, with 695 non-cash ETFs rising, accounting for 61% of the market. The entertainment and gaming sectors were particularly active, with stocks like Ourpalm’s peer, Zhanzhu Science and Technology (300315), experiencing a notable increase of over 13%.

  • Economic Indicators: The “old for new” consumer goods initiative has reportedly boosted sales by 11 trillion CNY, with subsidies reaching approximately 17.5 billion, enhancing consumer purchasing power and stimulating the economy.

Conclusion

Ourpalm Co., Ltd. remains a key player in the entertainment and gaming sectors, with its stock performance closely tied to market trends in these areas. The company’s strategic investments and the broader economic initiatives continue to influence its market position and investor interest.