On the 1st of next month, Tencent will launch the "Spring Festival distributes 1 billion RMB cash" activity

Tencent (00700.HK) officially released a notice titled "Notice on Distributing 1 Billion Cash for the Spring Festival," stating that it will launch a Spring Festival event on Sunday (February 1). Users will receive cash red envelopes totaling 1 billion RMB (the same below) through the Yuanbao App, with individual red envelopes worth up to 10,000 RMB.

The notice states that users should update the Yuanbao App to the latest version 2.55.0 or above. By clicking on the reservation card on the homepage, users can access the reservation page for the Spring Festival event. Users who make reservations in advance will receive an additional 10 lottery chances on the day the event starts. The event will feature various forms of red envelopes, including 10,000 RMB small horse cards, cash red envelopes, and sharing red envelopes. Users can claim cash red envelopes daily through the Yuanbao App, complete tasks to draw more red envelopes, and have the chance to win one of the limited 100 small horse cards worth 10,000 RMB.

According to internal sources from Tencent, Yuanbao will introduce a new gameplay feature, and internal testing invitations have already been sent out. The product interface image released by the official has quietly added a new bottom tab entry named "Distribute."