The AI - driven immersive social platform, Soul App, has officially filed a listing application with the Main Board of the Hong Kong Stock Exchange (HKEX). Tencent holds a substantial 49.9% stake in the company, while CITIC Securities acts as the sole sponsor for this listing endeavor.

A striking feature of the platform is that over 78.7% of its daily active users hail from the Gen Z generation. It stands out as the first social platform in China where all users engage in interactions using virtual identities. Leveraging AI technology, it offers users highly immersive experiences.

From 2022 to 2024, the company demonstrated impressive financial performance, with a compound annual revenue growth rate surpassing 15%. Moreover, it has achieved stable profitability since 2023. When it comes to revenue sources, AI - powered emotional value services take the lead, contributing over 90% of the business revenue in the first eight months of 2025.

At present, the platform has amassed approximately 390 million cumulative registered users. This impressive figure places it at the top in multiple metrics among China's AI + immersive social platforms. Besides Tencent, its shareholder roster includes well - known companies such as miHoYo. The funds raised from this offering are earmarked for various aspects of the platform's development.