STOCKS | Huanrui Century Says AI Short Drama Business Has Not Achieved Scale

According to Jin10, Huanrui Century said its stock had an abnormal trading fluctuation after the cumulative deviation in its closing price over three consecutive trading days exceeded 20%. The company said its AI short drama business has not yet formed a scale effect in terms of the number of titles launched, revenue scale, or cost-efficiency conversion. In the first half of 2026, revenue from the AI short drama business accounted for less than 1% of the company's unaudited total revenue for the half year, and revenue from AIGC-related businesses had a low share and did not have a material impact on short-term operating performance.