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Organization and Principal Activities
6 Months Ended
Jun. 30, 2025
Organization and Principal Activities [Abstract]  
ORGANIZATION AND PRINCIPAL ACTIVITIES

1. ORGANIZATION AND PRINCIPAL ACTIVITIES

 

Scienjoy Holding Corporation (the “Company” or “Scienjoy”) through its subsidiaries, and variable interest entities(“VIE”) and its subsidiaries (collectively the “Group”) are principally engaged in operating its own live streaming platforms in the People’s Republic of China (the “PRC”), which enable users to view and interact with broadcasters through online chat, virtual items and playing games. The primary theme of the Company’s platform is entertainment live streaming. 

 

(a) Recent developments

  

On April 1, 2025, the Company acquired 70% equity interest in Star Home Global Media FZ-LL (“Star Home”) for no consideration, Star Home is a Dubai-based multi-channel network (MCN) company.

 

On April 14, 2025, the Company formed a 51% owned subsidiary Fashionfly Limited, which is engaged in developing multi-channel network business.

 

(b) Organization

 

Subsidiaries and VIEs include the following:

 

Subsidiaries  Date of
incorporation
  Place of
incorporation
  Percentage of
direct/indirect
ownership
  Principal
activities
Scienjoy Inc.  February 23, 2017  Cayman Islands  100%  Holding Company
Scienjoy Pte. Ltd. (“Scienjoy SG”)  July 25, 2023  Singapore  100%  Holding Company
Scienjoy International Limited (“Scienjoy HK”)  May 18, 2017  Hong Kong  100%  Holding Company
Scienjoy BeeLive Limited (formerly known as Sciscape International Limited, “SIL”)  December 18, 2017  Hong Kong  100%  Live streaming platform
Golden Shield Enterprises Limited (“Golden Shield”)  September 28, 2021  British Virgin Islands  100%  Holding Company
Scienjoy Verse Tech Ltd (“Scienjoy Verse”) (a 51% owned subsidiary of Scienjoy SG)  September 18, 2023  Dubai  51%  Holding Company
Scienjoy Meta Technology LLC (“Scienjoy Meta”) (a wholly owned subsidiary of Scienjoy Verse)  October 3, 2023  Dubai  51%  Metaverse business
Scenovo Pte. Ltd. (“Scenovo SG”) (a 51% owned subsidiary of Scienjoy SG)  April 11, 2024  Singapore  51%  Holding Company
SJ Verse Global Media LLC (“SJ Verse”) (a 90% owned subsidiary of Scenovo SG)  May 20, 2020  Dubai  45.9%  Multi-channel network business
Techjoy Pte. Ltd. (“Techjoy SG”) (a 70% owned subsidiary of Scenovo SG)  May 31, 2024  Singapore  35.7%  Multi-channel network business
Fashionfly Limited (a wholly owned subsidiary of Scenovo SG)  April 14, 2025  Hong Kong  51%  Multi-channel network business
Star Home Global Media FZ-LLC (a 70% owned subsidiary of Scenovo SG)  December 05, 2024  Dubai  35.7%  Multi-channel network business
Sixiang Wuxian (Beijing) Technology Co., Ltd. (“WXBJ”) (a wholly owned subsidiary of Scienjoy HK)  October 17, 2017  The PRC  100%  Holding Company
Sixiang Zhihui (Beijing) Technology Co., Ltd. (“ZH”) (a wholly owned subsidiary of WXBJ)  July 5, 2018  The PRC  100%  Holding Company
Subsidiaries  Date of
incorporation
  Place of
incorporation
  Percentage of
direct/indirect
ownership
  Principal
activities
Sixiang Yingyue (Shanghai) Technology Co., Ltd(“SXYY”) (a wholly owned subsidiary of WXBJ)  June 30, 2022  The PRC  100%  Information technology
Holgus Sixiang Information Technology Co., Ltd. (“Holgus X”) (a wholly owned subsidiary of ZH)  May 9, 2017  The PRC  100%  Live streaming platform
Kashgar Sixiang Times Internet Technology Co., Ltd. (“Kashgar Times”) (a wholly owned subsidiary of ZH)  March 2, 2016  The PRC  100%  Live streaming platform
Kashgar Sixiang Lehong Information Technology Co., Ltd (“Kashgar Lehong”) (a wholly owned subsidiary of ZH)  July 23, 2020  The PRC  100%  Information technology
Holgus Sixiang Haohan Internet Technology Co., Ltd. (“Holgus H”) (a wholly owned subsidiary of ZH)  December 11, 2020  The PRC  100%  Information technology
Sixiang ZhiHui (Hainan) Technology Co., Ltd (“ZHHN”) (a wholly owned subsidiary of ZH)  December 23, 2020  The PRC  100%  Live streaming platform
Sixiang Wuxian (Zhejiang) Culture Technology Co., Ltd (“WXZJ”) (a wholly owned subsidiary of Scienjoy HK)  April 28, 2022  The PRC  100%  Information technology
Sixiang Zhihui (Zhejiang) Culture Technology Co., Ltd (“ZHZJ”) (a wholly owned subsidiary of WXZJ)  January 4, 2022  The PRC  100%  Information technology
VIEs            
Zhihui Qiyuan (Beijing) Technology Co., Ltd. (“QY”) (Controlled through contractual agreements by WXBJ)  January 22, 2019  The PRC  100%  Holding Company
Beijing Sixiang Shiguang Technology Co., Ltd. (“SG”) (a wholly owned subsidiary of QY)  October 28, 2011  The PRC  100%  Live streaming platform
Hai Xiu (Beijing) Technology Co., Ltd. (“HX”) (a wholly owned subsidiary of QY)  April 18, 2016  The PRC  100%  Live streaming platform
Beijing Le Hai Technology Co., Ltd. (“LH”) (a wholly owned subsidiary of QY)  June 16, 2015  The PRC  100%  Live streaming platform
Sixiang Mifeng (Tianjin) Technology Co., Ltd (“DF”, formerly known as Tianjin Guangju Dingfei Technology Co., Ltd) (a wholly owned subsidiary of QY)  August 8, 2016  The PRC  100%  Live streaming platform
Changxiang Infinite Technology (Beijing) Co., Ltd. (“CX”) (a wholly owned subsidiary of DF)  September 22, 2016  The PRC  100%  Live streaming platform
   Date of
incorporation
  Place of
incorporation
  Percentage of
direct/indirect
ownership
  Principal
activities
Zhihui QiYuan (Hainan) Investment Co., Ltd (“QYHN”) (an 80% owned subsidiary of QY and a 20% owned subsidiary of DF) (1)  March 2, 2021  The PRC  100%  Live streaming platform
Huayu Hefeng (Qingdao) Technology Co., Ltd (“HYHF”) (a wholly owned subsidiary of SG)  September 29, 2021  The PRC  100%  Live streaming platform
Beijing Weiliantong Technology Co., Ltd.(“WLT”) (a wholly owned subsidiary of QY)  July 28, 2015  The PRC  100%  Live streaming platform
Chuangda Zhihui (Beijing) Technology Co., Ltd.(“CDZH”) (a wholly owned subsidiary of SG)  November 30, 2015  The PRC  100%  Live streaming platform
Beijing Huayi Dongchen Technology Co., Ltd. (“HYDC”) (a wholly owned subsidiary of CDZH)  February 6, 2015  The PRC  100%  Live streaming platform
Hongcheng Huiying (Zhejiang)Technology Industry Development Co., Ltd(“HCHY”) (a 51% owned subsidiary of QYHN)  February 15, 2022  The PRC  51%  Live streaming platform
Hangzhou Sixiang Fengjing Culture Technology Co., Ltd.(“SXFJ”) (a 51% owned subsidiary of QYHN)  May 30, 2024  The PRC  51%  Holding Company
Sixiang Qiyuan (Hangzhou) Culture Technology Co., Ltd (“QYHZ”) (Controlled through contractual agreements by WXZJ)  March 30, 2022  The PRC  100%  Holding Company
Xiuli (Zhejiang) Culture Technology Co., Ltd (“XLZJ”) (a wholly owned subsidiary of QYHZ)  April 7, 2022  The PRC  100%  Live streaming platform
Leku (Zhejiang) Culture Technology Co., Ltd (“LKZJ”) (a wholly owned subsidiary of QYHZ)  April 7, 2022  The PRC  100%  Live streaming platform
Haifan (Zhejiang) Culture Technology Co., Ltd (“HFZJ”) (a wholly owned subsidiary of QYHZ)  April 7, 2022  The PRC  100%  Live streaming platform
Xiangfeng (Zhejiang) Culture Technology Co., Ltd (“XFZJ”) (a wholly owned subsidiary of QYHZ)  April 7, 2022  The PRC  100%  Live streaming platform
Hongren (Zhejiang) Culture Technology Co., Ltd (“HRZJ”) (a wholly owned subsidiary of QYHZ)  April 7, 2022  The PRC  100%  Live streaming platform

 

(1)On March 1, 2025, DF acquired a 20% equity interest in QYHN from QY by contributing RMB5,000 in registered capital to QYHN.