24/7 Market News Snapshot 28 August, 2025 – Sound Group Inc. American Depositary Shares (NASDAQ:SOGP)

August 28, 2025

DENVER, Colo., 28 August, 2025 (www.247marketnews.com) – (NASDAQ:SOGP) are discussed in this article.
Sound Group Inc. (NASDAQ:SOGP) is navigating significant momentum in the financial markets, with its shares trading at $4.371 in the pre-market, marking an impressive increase of 15.03% from the previous close of $3.800. The rising trading volume, which reached 656.72K, signals robust investor interest, potentially propelled by positive market sentiment. Traders are advised to track the key support level at $3.800, while resistance may be encountered around the notable $4.50 threshold. Continued bullish activity could bolster the company’s prospects for further gains in subsequent trading sessions.

In addition to favorable market conditions, Sound Group has reported remarkable financial performance for the first half of 2025. The company recorded net revenues of RMB1,357.7 million (around US$189.5 million), reflecting a substantial 47% increase compared to RMB924.0 million during the same timeframe last year. This growth underscores Sound Group’s effective strategic execution and commitment to enhancing user engagement within its audio entertainment ecosystem.

CEO Mr. Jinnan (Marco) Lai expressed confidence in the company’s trajectory, attributing the growth to the expansion of audio content and an increase in user engagement, with average monthly active users hitting 30.4 million. The return to profitability is noteworthy, with a net income of RMB67.6 million (US$9.4 million), contrasting a loss of RMB36.5 million in the prior year, highlighting operational improvements attributed to advancements in artificial intelligence.

To further enhance shareholder value, Sound Group’s Board of Directors has approved a share repurchase program worth US$4 million, alongside a special cash dividend of US$0.005 per ordinary share, slated for distribution by the end of September 2025. Acting CFO Ms. Chengfang Lu reaffirmed the company’s strategic focus on investing in growth opportunities that will support long-term success. Sound Group remains dedicated to shaping the audio entertainment landscape, fostering meaningful connections through innovative solutions.

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