Yimeng Shares

Company Profile: Yimeng Co., Ltd. is a listed enterprise providing internet-based deep financial services to individual investors, abbreviated as "Yimeng Shares," with securities code: 832950. Founded in 2002, it was officially listed on the New Third Board on July 29, 2015, with a registered capital of 443 million RMB. Tencent has made a strategic investment and is the second largest shareholder of Yimeng. The company headquarters is located in Shanghai, with six branch offices in various provinces nationwide. The headquarters has approximately 1,500 employees, and the total national workforce exceeds 4,000 people. Yimeng is a high-tech enterprise in Shanghai, holding securities investment advisory qualifications issued by the China Securities Regulatory Commission, and is an authorized information service provider for the Shanghai Stock Exchange, Shenzhen Stock Exchange, China Financial Futures Exchange, and Hong Kong Stock Exchange. The company's business includes: 1) Internet Financial Services: Yimeng has a stable and highly sticky base of paying users. Using internet tools to create valuable services and products for users is an important direction for the next step. The company has begun to explore asset management and asset securitization businesses and is applying for a fund sales license. Meanwhile, as various securities and financial licenses are gradually liberalized, Yimeng will build a personal financial services platform integrating trading, investment advisory, financing, and capital management. 2) Research, Development, and Sales of Securities Auxiliary Decision-Making Software Based on the Internet and Mobile Internet: Using PC and mobile clients as carriers, Yimeng conducts in-depth mining of L1 and L2 market trading data authorized by major Chinese stock exchanges, providing securities investment auxiliary decision-making software based on independently developed algorithmic models for securities investors with different investment styles and risk preferences, helping users avoid stock market risks and achieve profits. Currently, the PC software has 25 million trial users; mobile software downloads exceed 55 million; the number of paying PC software users is approximately 530,000; the paying user share of L2 data software in the industry is 30.2%, ranking first in the industry, with an annual software renewal rate of 80%. 3) Securities Online Education Courses and Internet-Based Investment Advisory Services: In 2013, Yimeng ventured into online securities education courses and internet-based investment advisory services, with its proprietary algorithmic models as the core concept, teaching individual investors securities investment methods based on technical and fundamental analysis to help them improve their capabilities and reduce investment risks. In 2014, this business achieved sales revenue of approximately 100 million RMB. According to industry estimates, the securities investment advisory and education business represents a market size of tens of billions of RMB, and Yimeng will focus on developing this business.