On May 29th, Huanju Group released a financial report showing that in the first quarter of 2024, Huanju Group achieved a revenue of 564.6 million US dollars, of which the core sector BIGO revenue was 505.2 million US dollars, a year-on-year increase of 8%. Under non US GAAP accounting standards, the company's net profit increased by 34.8% year-on-year to $67.2 million, with a net profit margin of 11.9%, a year-on-year increase of 3.4 percentage points, and a net operating cash flow of $75 million. In the quarter, Huanju Group continued to actively promote repurchases, with a cumulative increase of $54.5 million in repurchased stocks, reflecting the company's confidence in long-term growth.