ChinaJoy Records ₩10.5 Billion in Net Profit

中 '차이나조이' 순이익 105억 원 기록

In 2025, ChinaJoy achieved CN¥126 million (approx. ₩23.9 billion) in operating revenue and CN¥55.53 million (approx. ₩10.5 billion) in net profit. These figures represent a 7.92% increase in operating revenue and a 14.7% increase in net profit compared to the previous year.

📒- ChinaJoy Event Net Profit Hits ₩10.9 Billion
- Exhibition Surplus Drives Profit Growth for Parent Company
- Exhibition Layout Overhauled to Compete with Bilibili World

These figures were confirmed in the 2025 annual financial report released by Shunwang Technology (hereinafter 'Shunwang') on the 23rd. Shunwang, an IT company, is the parent company that holds a 100% stake in Shanghai Hanweixinxing Exhibition Co., Ltd. (hereinafter 'Hanwei'), the organizer of ChinaJoy. While Shunwang's total operating revenue for 2025 was CN¥1.744 billion (approx. ₩331.3 billion), a 5.18% decrease year-on-year, its net profit attributable to controlling shareholders reached CN¥418 million (approx. ₩79.4 billion), a 65.80% increase compared to the same period last year, driven by profit growth in the exhibition business led by Hanwei.

The profit growth of the ChinaJoy division is attributed to increased global visitor traffic and expanded corporate booth sales. The 22nd ChinaJoy, held at the Shanghai New International Expo Centre in August 2025, spanned 135k square meters and attracted 410300 cumulative visitors, a 11.8% increase from the previous year. Notably, visitors from outside the region and overseas accounted for 61% of total attendance, with international visitors alone reaching 14700. This global recognition directly translated into financial performance through ticket and booth sales.

However, competition in the offline exhibition market remains a variable for future profitability. Bilibili World, a competing event, drew 400k visitors over three days at the National Exhibition and Convention Center (Shanghai) in July 2025. This figure is comparable to the 410k visitors ChinaJoy attracted over four days. Bilibili World has emerged as a formidable competitor to ChinaJoy, featuring 167 global exhibitors, over 800 'itasha' (character-wrapped vehicles), and more than 30k cosplayers.

In response, Shunwang is undergoing a comprehensive restructuring of its exhibition format to defend ChinaJoy's profitability and enhance its competitiveness. Following the introduction of an 'Intelligent Entertainment Robot' zone and an influencer-focused 'Creator Zone' in 2025, the company plans to launch a 'Future Live (Future.Live)' zone for the 23rd event in 2026, which will focus on Artificial General Intelligence (AGI) and smart wearable devices.

Additionally, by adding a 'Sweet Dimension' theme zone and dedicated photo areas, the company aims to secure stable profits by capturing B2B and B2C demand that differentiates it from other subculture events.

This article was originally written in Korean and translated with the help of NC AI. It was then edited by a native English-speaking editor. All AI-assisted translations are reviewed and refined by our newsroom. [Read Original]

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