PANews|Oct 27, 2026 12:13
[Hongguo Short Drama Denies Claims of 40 Billion Yuan Annual Revenue, Says Most Revenue is Continuously Used for Content Creator Revenue Sharing, Copyright Guarantees, and Support for High-Quality Content] Hongguo Short Drama's official account issued a statement: Claims circulating online such as "Hongguo Short Drama's annualized revenue is approaching 40 billion yuan" and "Hongguo Short Drama's revenue this year reached 42 billion to 45 billion yuan" have been verified to be inaccurate. The so-called "institutional data," "industry data," and "expert predictions" circulating online are not official information, and any comparisons, calculations, and extended interpretations based on them have no factual basis. Please do not spread false information. Currently, Hongguo Short Drama continues to use most of its revenue for content creator revenue sharing, copyright guarantees, and support for high-quality content, growing together with its partners in the short drama industry.
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