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Youxin Technology Priced, Nasdaq: YAAS

Chinese provider of digital transformation software and services for retailers.

Industry: Technology

Latest Trade: $3.95 0.00 (0.0%)

First Day Return: -12.2%

Return from IPO: -12.2%

Industry: Technology

We are a software as a service (“SaaS”) and platform as a service (“PaaS”) provider committed to helping retail enterprises digitally transform their businesses using our cloud-based SaaS product and our PaaS platform to develop, use and control business applications without the need to purchase complex IT infrastructure. We leverage the technologies used to develop our PaaS platform to standardize a highly customized customer relationship management, or CRM, services to our clients that seamlessly connect all levels of the retail chain from management teams to customers. Our products give our retail clients a comprehensive view of their business operations in real time on multiple interfaces, allowing them to make critical business decisions anytime and anywhere. At present, we believe we are one of the few domestic SaaS or PaaS providers in Mainland China with a strong emphasis on mid-tier brands. According to China Insights Consultancy (“CIC”), in 2022, mid-tier brands accounted for approximately 35% to 50% of all retail sales in China. Our products allow mid-tier brand retailers to use offline direct distribution to connect the management team, distributors, salespersons, stores, and end customers across systems, apps, and device. This provides retailers with a comprehensive suite of tools to instantly address issues using real-time sales data. By streamlining the decision-making process, our products help optimize the overall supply chain, boosting efficiency and profitability.
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IPO Data
IPO File Date 09/07/2023
Offer Price $4.50
Price Range $4.50 - $4.50
Offer Shares (mm) 2.3
Deal Size ($mm) $10
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/19/2024
Offer Price $4.50
Price Range $4.50 - $4.50
Offer Shares (mm) 2.3
Deal Size ($mm) $10
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Aegis Capital Corp.
Company Data
Headquarters Guangzhou, China
Founded 2018
Employees at IPO 57
Website www.ir.youxin.cloud

Youxin Technology (YAAS) Performance