In the early hours of this morning, Sichuan Lesson Standard Technology publicly submitted a prospectus to the US SEC, planning to be listed on the NASDAQ, **JDZG. The issue price is 4-5 US dollars, and it is planned to issue 2.2 million ordinary shares (accounting for 9% of the total share capital after the issuance), and Li Yuan holds 52 shares before the issuance09%, Zhou Zhirong holds 2976%, Li Yuan is the founder of the company, and also serves as the chairman of the board of directors and CEO of the company. The company's listing structure is as follows:
Founded in 2020, the company positions itself as: a comprehensive technology service company with independent research and development capabilities focusing on the first-class education information market, using big data, cloud computing and artificial intelligence and other technologies to empower the whole range of products and services, and providing customers with one-stop solutions for first-class education services.
For the nine months ended September 30, 2023, the company achieved revenue of 116780,000 RMB, of which nearly 9% is from related parties (in the same period of 2022, related party income accounts for more than 50%), 32% from **College Entrance Examination service income, 61% from open education service income, and 7% from self-study exams. For the nine months ended September 30, 2023, the company achieved a net profit of 72680,000 RMB.