Former Apple and NVIDIA Global Vice President takes the lead in Tianjiu Enterprises HK IPO sprinting to become the first stock of "Chinese enterprise resource sharing service".

On December 30, China's leading enterprise resource sharing service platform, Tianjiu Shared Smart Enterprise Services Co., Ltd. (hereinafter referred to as "Tianjiu Enterprise Services" or the "Company") submitted the A1 form, with CICC International and BOCOM INTL serving as joint sponsors. If this IPO is successful, Tianjiu Enterprise Services may become the "first stock of China's enterprise resource sharing services." The unique track of "enterprise resource sharing services" behind it, full of opportunities, is gradually emerging. It is noted that Guo Jun, Chairman and CEO of Tianjiu Enterprise Services, has nearly 25 years of experience in multinational technology giants. He has served as Vice President of three Fortune 500 companies, including Intel Corporation, Apple Inc., and NVIDIA Corporation, and led major investments of Intel Corporation (INTC.US) and Apple Inc. (AAPL.US) in China. Since taking over Tianjiu Enterprise Services in 2019, Guo Jun has introduced international project management methods and digital transformation concepts, transforming the company from an early "event organizer" to a "builder of an enterprise growth resource sharing platform." Currently, in the critical stage of China's economic transformation and the transition of old and new drivers, companies generally face a structural imbalance between "innovation vitality" and "resource capability": many innovative companies have new technologies, products, and models, but are limited by bottlenecks such as channels, resources, and funds, making it difficult to achieve rapid business expansion; traditional companies have mature resource systems but their original business growth stagnates or declines, and they lack innovation capabilities. As a bridge connecting both sides, the enterprise resource sharing service platform is committed to integrating enterprise business resources, especially helping innovative companies complement traditional economies, thereby improving overall resource allocation and efficiency, facilitating the transition of old and new drivers, and creating incremental value. The enterprise resource sharing service belongs to the integrated track of platform economy and sharing economy, with a market size of approximately RMB 31.97 billion in 2024, but the market is highly fragmented, with the top five market participants accounting for only 8.6% of the total market share. As a leader in China's enterprise resource sharing service field, Tianjiu Enterprise Services has built a nationwide resource sharing ecosystem through the "Tianjiu Boss Cloud" platform and offline service network. According to Frost & Sullivan data, based on revenue, Tianjiu Enterprise Services has been the leading provider of enterprise resource sharing services in China for several consecutive years, with a market share exceeding 5.4% in 2024. The company is committed to providing business acceleration services for innovative companies, and through the integrated channel of Wuxi Online Offline Communication Information Technology Co., Ltd., it connects selected growth-oriented innovative companies to a wide range of traditional companies and entrepreneurs in the target market to achieve batch, standardized business cooperation, supporting the rapid growth of innovative companies' businesses while providing opportunities for traditional companies and entrepreneurs to embrace the new economy. On the operational data front, the company has shown strong growth momentum and profitability. From 2022 to 2024, revenue increased from RMB 811 million to RMB 1.772 billion, with a significant compound annual growth rate; it achieved a net profit in 2023, with a net profit of RMB 621 million that year, and the net profit increased to RMB 1.315 billion in 2024, with profitability continuously improving. In the first half of 2025, the company's revenue was RMB 725 million, continuing a good development trend. The company adopts a unique "cash + equity" fee structure. On the one hand, it charges cash service fees to innovative companies; on the other hand, it obtains partial equity of innovative companies based on the realization of service results, becoming their long-term stable partner. This fee structure helps alleviate the cash payment pressure during the business expansion process for innovative companies and enables the company to achieve a balance between stable cash flow and long-term growth potential. On the industry resources front, as of the last feasible date, the online portal "Tianjiu Boss Cloud" platform of Tianjiu Enterprise Services has registered over 6.2 million users, the majority of whom are from traditional companies and entrepreneurs; it has served over 400 innovative companies and has more than 20,000 potential innovative companies signed confidentiality agreements to enter the resource pool. The industry covers hot sectors such as consumer goods, AI and big data, new energy, and environmental protection. In the A1 document, it is specifically mentioned that, benefiting from big data analysis and AI technology empowerment, through the synergy of online platforms and offline activities, the company has achieved more precise and efficient business cooperation matching. The company is a national high-tech enterprise and has been certified by the Ministry of Industry and Information Technology as a "National Small and Medium-sized Enterprise Public Service Demonstration Platform." Its self-developed "Tianjiu Business Opportunity Large Model Algorithm" was also filed with the National Internet Information Office in 2024. The funds raised from this IPO will be used for market expansion, technology research and development, mergers and acquisitions, and general corporate purposes, further solidifying Tianjiu Enterprise Services' leading position in the field of enterprise resource sharing.