Hongsong

I. Company Introduction
Founded in early 2020, Hongsong has always been dedicated to serving China's retired population, with the mission of "reshaping the time value of middle-aged and elderly people." We aim to address issues such as loneliness and a sense of worthlessness among the elderly by providing high-quality interest-based content, rich social interactions, and diversified services, making their lives richer and better.
As of the end of February 2022, we have established R&D centers in multiple cities including Beijing, Chengdu, Hangzhou, and Wuhan, and have completed an A+ round of financing at the hundred-million-yuan level. With over 4,000 instructors and more than 10 million cumulative users, we are an online interest-based service platform for middle-aged and elderly people. In the future, we will offer more products and services tailored to the needs of China's retired population, hoping to provide companionship and warmth through the power of Hongsong, redefining "Chinese-style retirement life."
As of June 2022, Hongsong has been certified as a member enterprise by the Beijing Chaoyang District Federation of Industry and Commerce, and has been rated as a member unit by the Beijing Elderly Care Industry Association.
"Hongsong" and its subsidiary "Fengjin Xiaoke" were selected by Tencent as one of the "2021 Education Brands" under its "Discover New Forces in Education" program. Fengjin Xiaoke has been certified as a "Committee Member Unit" by the Social Arts Education Working Committee of the China Arts and Vocational Education Society, an institution under the Ministry of Culture and Tourism.

II. Development Status
In January 2022, Hongsong secured financing of a hundred million yuan, led by BAI Capital, with existing shareholders Matrix Partners China, CCV, and BlueRun Ventures all participating in oversubscribed follow-on investments. This round of financing may set a new record for a single round in this sector.
As of the end of July 2022, Hongsong has completed its A+ round of financing at the hundred-million-yuan level, with over 10 million cumulative users on its online interest-based service platform for middle-aged and elderly people. Currently, offices have been established in Beijing, Chengdu, and Hangzhou, with a team of over 1,000 people and growing continuously.

III. Training and Benefits
Growth Companionship
- Systematic onboarding training: Comprehensive grasp of corporate culture, product knowledge, and business introduction
- Mentorship by experts: Full-time guidance from mentors with one-on-one support for growth and problem-solving
- Growth challenges: Encouragement of innovation, with opportunities to independently lead projects supported by company resources
- Other activities: Team-building, thematic exchange sessions, face-to-face interactions with senior executives, and various other interactive programs.