EOFIS, whose IPO was terminated, mainly provides digital, one-stop procurement services for large government and enterprise clients.

On September 7, O-Phas Group Co., Ltd. (referred to as O-Phas) terminated its IPO on the main board of the Shenzhen Stock Exchange. This decision was made due to the withdrawal of the issuance and listing application by O-Phas and its sponsor. In accordance with the "Shenzhen Stock Exchange Stock Issuance and Listing Review Rules (2024 Revision)" Article 62, the Shenzhen Stock Exchange decided to terminate the review of its issuance and listing. The prospectus shows that O-Phas is a supplier in the vertical industry chain of office supplies, mainly providing large government and enterprise clients with "digital, one-stop" procurement services for office supplies. Its main business is B2B direct sales of office supplies. Founded in 2014, the company has developed a digital business system and a nationwide and efficient supply chain system. The products it operates cover almost all product categories, including office equipment, office supplies, daily necessities, MRO, office appliances, office furniture, etc., and has become one of the main enterprises in the B2B direct sales market for office supplies. During the reporting period, O-Phas focused on B2B direct sales, with key clients including State Grid, Petrochina, Jiangsu Provincial Government, State Administration of Taxation, Southern Power Grid, China Aviation Industry, China Mobile Limited, Agricultural Bank of China, among others. Sales to these top ten B2B direct sales government and enterprise clients accounted for around 60% of the total revenue each year, making them the most important customer group. The company maintained stable cooperation with these 15 clients during the reporting period. Since its establishment, O-Phas has been dedicated to providing digital, one-stop procurement services for office supplies to large government and enterprise clients, and has become one of the main players in the B2B direct sales field after ten years of development. In 2020, 2021, 2022, and 2023, O-Phas consecutively entered the "Top 500 Chinese Service Enterprises" list published by the China Enterprise Federation and the China Entrepreneur Association, ranking 492nd, 491st, 474th, and 488th respectively. With the support of policies and the continuous growth of the industry, O-Phas has gradually expanded its business scale, improved its customer acquisition ability and cooperation stickiness, broadened its supply chain network coverage, and formed a significant scale effect. Currently, the company has served nearly 30 central enterprises, over 20 provincial government procurement projects, and more than 20 large financial institutions. According to publicly available information, in the past six years, in 97 major centralized procurement projects of office supplies by central enterprises, O-Phas was shortlisted 67 times, which is not significantly different from the around 70 times of the leading companies in the industry, placing it in the top tier of the industry. Financially, in 2021, 2022, and 2023, O-Phas achieved revenue of approximately 7.683 billion, 8.164 billion, and 8.278 billion yuan respectively, with net profits of approximately 148 million, 153 million, and 170 million yuan during the same period.