New Stock News | Yunji Technology and Kuangshi Alliance (OCP.US) plan to IPO in Hong Kong/United States and have already submitted the necessary materials to the China Securities Regulatory Commission.
03/04/2025
GMT Eight
On April 3, the China Securities Regulatory Commission (CSRC) released the list of domestic companies planning to issue securities overseas and go public (first-time public offering and full circulation) (as of April 2, 2025). This week (March 31-April 4), YJ Technology plans to conduct an IPO in Hong Kong and has submitted materials to the CSRC for approval, while OCP.US plans to conduct a US stock IPO and has also submitted materials to the CSRC for approval.
According to the prospectus, YJ Technology's main business is divided into two parts: Siasun Robot & Automation and functional kits, and an AI digital system. By 2024, YJ Technology is the global leader in the simultaneous online presence of Siasun Robot & Automation in three-dimensional multi-layer space and in serving consumers. In terms of revenue in 2023, YJ Technology ranks first globally in the hotel scenario Siasun Robot & Automation intelligent body market and the hotel scenario intelligent body market.
Kuangshi Alliance has been focusing on the advertising industry, providing customized mobile advertising services for clients (including developing mobile advertising plans, placing ads on media platforms, monitoring advertising effectiveness data, and optimizing advertising strategies), as well as providing advertising agency services to clients. Media placement is the core business of Kuangshi Alliance, accounting for over 99% of its revenue in the 2022 and 2023 fiscal years.