- Sound Group Inc. completed the cancellation of **951,252 American depositary shares (ADSs)** that were repurchased under its **US$4 million share repurchase program**.  **[1783407_0001104659-25-097334_tm2527228d1_ex99-1.htm:0]** 
- The aggregate consideration for the repurchased ADSs was **US$3,999,984.99** (excluding transaction-related expenses).  **[1783407_0001104659-25-097334_tm2527228d1_ex99-1.htm:0]** 
- Following the cancellation, the company's total issued and outstanding shares are approximately **832,000,000 ordinary shares**, equivalent to **4.16 million ADSs**.  **[1783407_0001104659-25-097334_tm2527228d1_ex99-1.htm:0]** 
- CEO Jinnan (Marco) Lai noted that the program enhanced earnings per share and confirmed the completion of both the repurchase and cash dividend programs.  **[1783407_0001104659-25-097334_tm2527228d1_ex99-1.htm:0]**

Sound Group Inc. Announces Cancellation of Repurchased Shares

- Sound Group Inc. reported **net revenues** of **RMB1,357.7 million (US$189.5 million)** for the six months ended June 30, 2025, marking a **47% increase** from the same period in 2024, and achieved a **net income** of **RMB67.6 million (US$9.4 million)**, a significant improvement from a net loss in the prior year.  **[1783407_0001104659-25-084206_tm2524473d1_ex99-1.htm:0]** 
- The company's **gross profit** for the first half of 2025 increased by **59%** to **RMB392.1 million (US$54.7 million)**, and it returned to an **operating income** of **RMB63.2 million (US$8.8 million)**, compared to an operating loss in the same period of 2024.  **[1783407_0001104659-25-084206_tm2524473d1_ex99-1.htm:1]** 
- Sound Group Inc. announced a **special cash dividend** of **US$1.00 per American Depositary Share (ADS)**, with payments expected on or around September 30, 2025, and has repurchased approximately **US$3.9 million** of ADSs under its **US$4.0 million share repurchase program**.  **[1783407_0001104659-25-084206_tm2524473d1_ex99-2.htm:0]** **[1783407_0001104659-25-084206_tm2524473d1_ex99-1.htm:2]** 
- Average total mobile MAUs for the six months ended June 30, 2025, were **30.4 million**, a decrease from 35.7 million in the same period of 2024.  **[1783407_0001104659-25-084206_tm2524473d1_ex99-1.htm:0]**

Sound Group (SOGP)