LGCL.US, a Chinese company, has received a notice of registration for its planned IPO in the United States and is preparing to list on the Nasdaq.

On October 19, the International Cooperation Department of the China Securities Regulatory Commission (CSRC) released a notice for overseas issuance and listing filing for Lucas GC Limited (). The company plans to issue no more than 3.53 million common shares and list on the NASDAQ Stock Exchange in the United States. It is worth noting that Lucas updated its prospectus in June of this year, increasing its IPO fundraising scale. The company plans to issue 3.1 million shares at a price of $6-7 per share, raising $20 million, and is planning an IPO listing on NASDAQ with the stock code LGCL. The CSRC pointed out that from the date of the issuance of the filing notice until the end of this overseas issuance and listing, if any significant events occur, Lucas should report it to the CSRC through the filing management information system for overseas issuance and listing of domestic enterprises. At the same time, within 15 working days after the completion of the overseas issuance and listing, the company should report the issuance and listing situation through the filing management information system of the CSRC. The company should strictly comply with relevant laws, regulations, and rules at home and abroad during the overseas issuance and listing process. If the company fails to complete the overseas issuance and listing within 12 months from the date of this filing notice, but intends to continue, it shall update the filing materials. It is understood that Lucas was established in 2011 and is mainly devoted to the digitization and intelligence of the entire process of human capital management. The company provides personalized job recommendations to its users through its proprietary platforms Star Career and Columbus and acts as a headhunter to find suitable candidates for its corporate clients. As of December 31, 2022, Lucas had approximately 431,220 active registered users on its proprietary platforms Star Career and Columbus. In terms of business segments, Lucas' main business includes recruitment services, outsourcing services, and other services. Among them, recruitment services generate net revenue for the company from service fees paid by corporate clients. These fees are used to arrange flexible workers with corresponding capabilities and qualifications and find qualified candidates for employment to meet their various operational and employment needs. Recruitment services can be further divided into flexible employment recruitment services and long-term employment recruitment services, which are the company's main sources of revenue.