Both Showself and Haixiu Named among "2021 Top-100 High-Growth Companies" in Zhongguancun

Published on : 21 March 2023

Recently, the Summit Forum on the Development of Unicorn Companies and "2021 Top-100 High-Growth Companies" Award Ceremony was held at the Kandan Unicorn Innovation Base in Beijing. The event officially released the list of "2021 Top-100 High-Growth Companies", which includes Showself and Haixiu, both livestreaming platforms under Scienjoy. The forum and award ceremony was organized by Zhicheng Enterprise Research Institute under the guidance of the Fengtai Campus Administrative Committee of the Zhongguancun Science Park, the Zhongguancun High-Tech Enterprises Association and the Zhongguancun Venture Capital and Private Equity Association.

First launched in 2009, the "Top-100 High-Growth Companies" list has become one of the most iconic brand activities in the Zhongguancun area after more than ten years of celebration and development. Selection of the 2021 list kicked off in September and lasted for six months – after four rounds of project solicitation, candidate screening, preliminary review, and final roadshow, 100 high-growth companies with the highest development potential and industry representativeness were finally selected by an expert review committee composed of industry experts, investment institutions and high-tech service organizations, who reviewed and evaluated 2,269 non-listed companies that qualify for Beijing's policy support in terms of revenue growth, innovation growth, employee growth, and per capita revenue growth.

Being a representative company that’s technology- and innovation-driven in the Zhongguancun area, Scienjoy’s livestreaming platforms such as Showself, Lehai and Haixiu have been included in the "Zhongguancun Top-100 High-Growth Companies" list for many times thanks to continuous exploration and innovation in the field of science and technology.

In terms of revenue growth, Nasdaq-listed Scienjoy focuses on optimizing the livestreaming service ecosystem, and implements a global development strategy. The company optimizes content output through a multi-platform livestreaming matrix to meet the ever-changing user needs while enhancing business competitiveness. In the 2021 fiscal year, Scienjoy posted stable business performance and maintained solid growth momentum, delivering a total revenue of nearly RMB 1.67 billion (about USD 262 million), representing a year-on-year increase of 36.6%.

In terms of innovation growth, Scienjoy has successively reached partnerships with institutions and organizations including the Beijing University of Posts and Telecommunications, Snipp and GFE to actively develop the complete mobile livestreaming ecosystem and the livestreaming metaverse. In September 2021, the company announced to explore efforts in building the livestreaming metaverse on top of physical livestreaming scenarios, providing participants with ultimate immersive experience, a social system beyond time and space, a digital community with virtual and tangible interactions, and a rich content ecosystem. To date, the company has adopted cutting-edge technologies such as blockchain, AI, AR, VR, and big data in multiple virtual reality worlds created on its livestreaming platforms.

In terms of employee growth, Scienjoy has always been focused on fostering an elite technical team for its livestreaming platforms, providing intelligent support for the refined operation of products and businesses. With continued efforts in AR and AI technologies, the company has developed solutions including smart customer service, natural language processing, speech recognition, speech synthesis, AI virtual streamer, facial recognition, hand gesture recognition, human body posture assessment, content security review, and real-time monitoring.

Looking forward, how to further develop the livestreaming metaverse and create a complete livestreaming ecosystem will remain as Scienjoy’s strategic priorities. The company will utilize its multiple livestreaming platforms to deeply integrate technology and content, and leverage cutting-edge technologies to enhance user experience, expand user base, and elevate brand value.