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

AASTOCKS
2026.01.25 23:06

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

The notice states that users should update the Yuanbao App to the latest version 2.55.0 or above, and can enter the Spring Festival event reservation page by clicking on the reservation card on the homepage. 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 launch a brand new gameplay and has already begun internal testing invitations. The product interface image officially released has quietly added a new bottom tab entry named "Distribute."