"Chronology Data First Stock" Yuanguang Technology's public offering was oversubscribed by more than 300 times.

Yuan Guang Technology's subscription has ended, and the stock offering has received a strong response. According to market reports, Abu Dhabi Investment Authority, a well-established long-term fund in the UK, and a famous investment institution in Singapore have all placed orders. The international allocation has been oversubscribed four times, while the public offering in Hong Kong has been oversubscribed by over 300 times. Yuan Guang Technology's exclusive sponsor is China International Capital Corporation Limited, and it is expected to be listed on the Hong Kong Stock Exchange on June 10, 2025. The prospectus data shows that Yuan Guang Technology is the operator of the "Che Lai Le" app, and in addition to mobile applications for users, the company also provides data technology services such as public transport analysis platforms for transportation agencies, and is expanding its business into areas such as power trading and industrial internet. As of December 31, 2024, "Che Lai Le" covers 466 cities and towns, with approximately 298.4 million cumulative users and an average of approximately 29 million monthly active users.