Yunhan Semiconductor City's GEM IPO registration submitted, online store can support a search volume of millions per day.

On March 14th, Yunhan Xincheng (Shanghai) Internet Technology Co., Ltd. (referred to as Yunhan Xincheng) applied for a change in the IPO review status of the Shenzhen Stock Exchange's Growth Enterprise Board to "registration submitted." Sinolink is its sponsor institution, and the company plans to raise 521.59 million yuan. According to the prospectus, Yunhan Xincheng is an innovative high-tech enterprise that integrates electronic component distribution with the development of industrial internet. The company focuses on the research, development, production, and procurement of small-batch electronic components in the electronic manufacturing industry. By effectively using digital technology and internet technology, based on its self-built B2B online marketplace Yunhan Xincheng, it mainly provides efficient and professional one-stop electronic component supply chain services for the electronic manufacturing industry. The company also extends its services to include product technical solution design, PCBA manufacturing services, electronic engineering technical support, and more. Its subsidiary, Shenzhen Hanyun, has a CNAS-certified electronic component testing laboratory. Through various data transmission methods such as API/EDI and FTP, the company integrates the inventory data information of over 2,000 high-quality suppliers worldwide into the online marketplace of Yunhan Xincheng. The daily available SKUs reach 27.772 million, effectively meeting customers' needs for one-stop procurement and reducing overall procurement costs by consolidating downstream small-batch order requirements and purchasing from suppliers in a professional and intensive manner. At the same time, the online marketplace of Yunhan Xincheng has become an important sales channel in the field of electronic component circulation. With the continuous growth of customer numbers and business scale, the company can receive better support from suppliers in product categories, prices, services, and more, attracting more downstream demand and forming a growth flywheel driven by both the supply and demand sides. Furthermore, the company has built an innovative business ecology including "cloud warehouse," preferred suppliers, PCBA services, etc., continually expanding the breadth and depth of customer service. This not only drives the company's performance development but also enhances industrial efficiency, promoting the quality and efficiency of economic development. Currently, the company's online marketplace can support search volumes of millions every day, with a search matching rate maintained at around 90%. The peak monthly order processing volume and BOM single volume are approximately 68,000 and 34,000 respectively, with a peak automatic matching rate for customs classification reaching 98%. As of June 30, 2024, the company has over 663,200 registered users and more than 147,900 cumulative ordering corporate customers. In terms of finances, in the years 2021, 2022, 2023, and January-June 2024, Yunhan Xincheng achieved operating revenues of approximately 3.836 billion yuan, 4.333 billion yuan, 2.637 billion yuan, and 1.222 billion yuan respectively. During the same period, the company's net profits were approximately 161 million yuan, 135 million yuan, 78.5917 million yuan, and 38.288 million yuan respectively.