New stocks news | Green Cloud Software submits application to Hong Kong Stock Exchange

According to the disclosure by the Hong Kong Stock Exchange on February 20th, Hangzhou Lvyun Software Co., Ltd. (referred to as "Lvyun Software") has submitted an application to the Main Board of the Hong Kong Stock Exchange for listing, with CICC as its exclusive sponsor. The prospectus shows that, according to Zhoke Consulting, based on sales and number of rooms covered, Lvyun Software is expected to be the largest PMS provider in the digitalization industry of China's accommodation sector in 2024, with market shares of 16.8% and 16.3% respectively. In addition, among the top five digital service providers in China's accommodation industry, the company is the only one to have achieved profitability every year in the past five years (2020-2024) and has the highest cumulative net profit during the same period.