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

Recent Market Activity

On June 3, 2025, Ourpalm’s subsidiary, 掌趣科技 (Zhangqu Technology), experienced significant market activity. The company saw a substantial increase in financing buy-ins, with a growth rate exceeding 50% over two consecutive days. On June 3, Zhangqu Technology received financing buy-ins amounting to 3.18 billion CNY, bringing the total financing balance to 11.46 billion CNY, which represents 7.71% of its circulating market value. This surge in financing buy-ins indicates a strong interest from financing clients, suggesting a potential acceleration in building positions.

Stock Performance

The stock market showed positive trends on June 3, 2025. The Shenzhen Composite Index rose by 0.43%, while the Shenzhen Component Index increased by 0.16%, and the ChiNext Index climbed by 0.48%. The total market turnover reached 11.4 trillion CNY, marking the fourth consecutive day of turnover exceeding 10 trillion CNY.

In the entertainment sector, the CICC A500 Index rose by 0.19%, with Zhangqu Technology’s stock surging by 14.54%. This performance highlights the company’s strong market presence and investor confidence.

Investment and Market Trends

The market also saw a notable interest in ETFs related to the entertainment and gaming sectors. The CICC A500 ETF, which includes Zhangqu Technology as a component, experienced significant trading activity, with a turnover of 11.06 billion CNY on June 3, 2025. Over the past year, the average daily turnover for this ETF has been 21.56 billion CNY, with a current scale of 178.46 billion CNY, making it the largest in the Shenzhen market.

Strategic Investments

Ourpalm has a strategic investment in Animoca Brands Limited, a Hong Kong-based company. As of March 31, 2025, Animoca Brands had issued a total of 1,943,673,633 shares. Ourpalm invested in Animoca Brands in 2015, holding approximately 14,783,714 shares.

Conclusion

Ourpalm Co., Ltd. continues to demonstrate strong market performance and strategic growth through its investments and market activities. The company’s focus on the entertainment and gaming sectors positions it well within the dynamic communication services industry.