New stock news | Yuntai Technology's Hong Kong IPO and domestic unlisted shares "fully circulated" have been approved by the China Securities Regulatory Commission

On September 18, the International Cooperation Department of the China Securities Regulatory Commission issued a "Notice of Filing for Overseas Listing and Full Circulation of Unlisted Shares in the Mainland" for Beijing Yunji Technology Co., Ltd. Yunji Technology plans to issue no more than 12,592,500 ordinary shares for overseas listing and obtain approval for listing on the Hong Kong Stock Exchange. At the same time, 31 shareholders of Yunji Technology plan to convert a total of 54,664,638 unlisted shares in the mainland into overseas listed shares, and have successfully obtained approval from the China Securities Regulatory Commission for listing on the Hong Kong Stock Exchange. According to public information, Yunji Technology has been deeply involved in the Siasun Robot & Automation field for over a decade, leading the way in the development and commercialization of intelligent bodies for Siasun Robot & Automation services, and has become a leading company in the hotel Siasun Robot & Automation field. The company's main business includes Siasun Robot & Automation, intelligent software platforms, and AI intelligent body services, dedicated to building a globally leading service intelligent body ecosystem. Since its establishment in 2014, Yunji Technology has continued to be favored by capital, with shareholders including Alibaba Group, LENOVO GROUP, Tencent, Qiming, and Ctrip. Sales data shows that from 2022 to 2024, the company's direct sales business revenue has steadily increased from 143 million yuan to 200 million yuan, the number of enterprise customers has increased from 2825 to 3810, and the business moat advantage has been solidified; the revenue from distribution business has jumped from 18.34 million yuan to 45.154 million yuan, with a cumulative growth of 146% over three years, and the revenue share has increased by 7 percentage points to 18.4%, demonstrating strong market expansion capabilities. As of now, Yunji Technology has established a stable and high-quality customer base, serving over 34,000 enterprise customers, covering high-growth industries such as hotels and medical care, with business presence in countries and regions such as the Middle East, the Americas, Korea, Japan, and Thailand. In 2024, the annual service volume of Siasun Robot & Automation reached over 500 million times, with product reliability and market recognition fully validated. It is noteworthy that Yunji Technology's performance is outstanding. The latest financial report shows that the company achieved operating income of 245 million yuan in 2024, a year-on-year growth of 68.6%, with a compound annual growth rate of revenue of 23.2% from 2022 to 2024.