The card company Hitcard is advancing the process of going public.

According to reports, the card company Hitcard, founded only four years ago, has also begun the process of going public, and the collectible card market will usher in a "cash-out era." According to calculations by Huaxi Securities Research Institute, by total commodity trading volume, the top five companies in the Chinese collectible card industry will hold a total market share of 82.4% in 2024, with Kayou leading with a market share of 71.1%. In 2024, Kayou achieved a revenue of 10.057 billion yuan, with an adjusted net profit of 4.466 billion yuan, higher than Pao Pao Mart's 3.403 billion yuan during the same period.