Scienjoy Holding Corporation
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $30.8M
- Price
- $0.78
- % Change (Daily % change from the live per-ticker quote feed.)
- -21.57%
- Volume
- 114.6K
About
Scienjoy Holding Corporation provides mobile live streaming platforms in the People's Republic of China. It focuses on interactive show live streaming from broadcasters to users. The company's platforms enable users to view and interact with broadcasters through online chat, virtual items, and playing games. As of December 31, 2021, it had 840,640 paying users and 288,898 active broadcasters. The company operates four live streaming platforms under the Showself Live Streaming, Lehai Live Streaming, Haixiu Live Streaming, BeeLive Live Stream names. It also offers technical development and advisory services. The company was founded in 2011 and is based in Beijing, the People's Republic of China. Scienjoy Holding Corporation is a subsidiary of Lavacano Holdings Limited.
Quick stats
Shares outstanding39.5M
Computed float15.5M
Float / shares39.1%
Key info
SectorCommunication Services
IndustryInternet Content & Information
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001753673
Websitehttps://www.scienjoy.com
AI Summary
AI-generated1/15
majormixedm and a
Scienjoy Holding Corporation to Acquire 29.9% Stake in Chinese Higher Education Service Provider Leader Education Limited
Scienjoy Holding (NASDAQ: SJ) signed a sale and purchase agreement to buy 239,234,000 ordinary shares of Leader Education Limited (HKSE: 1449.HK) — a 29.9% stake — from controlling shareholder Shuren Education for HK$102.69 million, roughly US$13.1 million.
Closing is conditional on satisfactory due diligence, required consents and waivers, and Leader Education maintaining its Hong Kong Main Board listing, with closing expected five business days after conditions are satisfied or waived.
The transaction is a related-party deal: Scienjoy's independent director Jun Lu also serves as an executive director of Leader Education.
Chairman and CEO Victor He framed the stake as a strategic investment to pair Scienjoy's AI technology with Leader Education's higher-education resources across teaching, content development, and student experiences.
Red flags
- Related-party transaction: Scienjoy independent director Jun Lu is also an executive director of the target, Leader Education
- Closing is contingent on Scienjoy's satisfaction with due diligence — the deal may not complete
- Shares purchased from the target's controlling shareholder at a negotiated price; 29.9% stake provides no control
- Diversification away from the core live-streaming business raises strategic-focus and execution risk for a micro-cap