New stock news | Union information disclosed in Hong Kong Stock Exchange, the company's revenue mainly comes from IT solutions and services.

According to the disclosure of the Hong Kong Stock Exchange on April 25th, Henan Xuna Information Technology Co., Ltd. (referred to as Unified Information) has submitted its application to the Hong Kong Stock Exchange, with Yuexiu Financing and Huasheng Capital as its joint sponsors. According to the prospectus, Unified Information is a professional IT solution service provider, which has been focusing on providing one-stop and customized IT solution services to meet the requirements and needs of different clients throughout the lifecycle of IT solution services. The company's business strategy is to focus on and develop its market position in industries with growth potential, aiming to capture emerging market trends and provide high value-added IT solution services to clients. The company's IT solution services can be broadly divided into three categories, namely: (i) financial information technology solution services; (ii) smart city IT solution services; and (iii) digital education IT solution services. According to Frost & Sullivan data, the company ranked fifth in terms of revenue in the financial information technology industry in South China in 2024, with a market share of 3.9%. The company has adjusted its IT solution service projects to align with the mainstream demand for IT solutions in the market, due to changes in government policies and technological advancements. Looking back, when the Chinese government included the creative industries in its national strategy in 2018, the company's directors keenly captured the potential opportunities and entered the creative industries in 2020. Furthermore, due to the continuous demand for IT solution services in the education industry and the integration effect of education and technology under the iteration of artificial intelligence technology, the company strategically expanded its digital education IT solution services business starting in 2023. In the future, they plan to continue deepening the integration of artificial intelligence technology with existing educational technology solutions to strengthen project technology. Looking ahead, the company plans to enhance its research and development capabilities for IT solution services to better meet customer needs and seize potential market opportunities, tapping into markets with growth potential. The company's R&D plan focuses on: (a) enhancing existing IT solution services; and (b) developing new IT solution services, with a particular focus on digital education IT solution services. The company also plans to establish new sales offices and strengthen digital sales and marketing efforts to enhance its sales and marketing activities to support its overall growth in the future. Financially, the company's revenue mainly comes from IT solution services, including financial information technology solution services, smart city IT solution services, and digital education IT solution services. As of the year ended December 31, 2023 and December 31, 2024, the company's total revenue was approximately RMB 148 million and RMB 238 million respectively, representing a year-on-year increase of 60.1%. The company recorded a net loss of RMB 5.57 million and RMB 13.261 million for the years ended December 31, 2023 and 2024, respectively.