SOGP

Special Cash Dividend Announcement: Sound Group Inc. declared a special cash dividend of $0.005 per ordinary share and $1.00 per American Depositary Share (ADS), with a total payout of $4 million. The dividend will be distributed to investors of record as of September 15, with payments scheduled for the end of the month.

Strong First-Half Results: For the first half of 2025, Sound Group reported revenue of 1.36 billion Chinese yuan ($189.5 million), marking a 47% increase from the previous year. The company achieved a net income of 67.6 million yuan ($9.4 million), a significant turnaround from a loss of 36.5 million yuan in the same period last year.

Profitability and Growth Metrics: Gross profit surged by 59% to 392.1 million yuan ($54.7 million), with gross margins improving to 29%. Operating income reached 63.2 million yuan ($8.8 million), compared to an operating loss of 44.3 million yuan in 2024. Non-GAAP net income also rose to 70.4 million yuan ($9.8 million).

Investor Confidence: The announcement of the dividend and the company's return to profitability boosted investor confidence, leading to a significant surge in share prices. On Thursday, shares of Sound Group experienced extreme volatility, initially rising by 196.58% before being halted, and later reaching a peak gain of 224.74%.

Current Stock Price: As of the latest update, Sound Group shares were trading at $12.75, reflecting a 2.00% increase.

CEO's Statement: Founder and CEO Jinnan (Marco) Lai emphasized that the dividend reflects the company's financial strength and its strategy to balance growth with shareholder returns.

CFO's Remarks: Acting CFO Chengfang Lu highlighted that the dividend and a $4 million buyback demonstrate the scalability of the business while ensuring resources for future investments.

Gainers:

• Gamehaus Holdings Inc. surged 76.1% to $1.99 after announcing a $5 million share repurchase program.
• Movano Inc. saw a 63.2% increase to $0.9959 following a Nasdaq compliance extension.
• SMX (Security Matters) Public Limited Company rose 57% to $2.73 after recovering from a previous dip.
• Sound Group Inc. gained 18.4% to $14.80, following a 229% jump on Thursday and the announcement of a special cash dividend.
• Ambarella, Inc. increased by 18% to $83.33 after reporting strong Q2 results and positive guidance for Q3.

Losers:

• CaliberCos Inc. fell 25.8% to $3.32 after a significant rise the previous day.
• Offerpad Solutions Inc. dropped 24.2% to $4.72 after a substantial gain.
• TNF Pharmaceuticals, Inc. declined 18.1% to $0.0504 following a reverse stock split announcement.
• Marvell Technology, Inc. decreased by 14.7% to $65.87 after issuing lower-than-expected sales guidance for Q3.