Company Overview - Tianxiao Digital Technology (Group) Co., Ltd. is the first mature influencer marketing solution platform in China, leveraging AI, data, and algorithms to connect advertisers with influencers, MCNs, and major third-party UGC platforms [3] - The company holds a 26.1% market share in China's influencer marketing solutions sector, maintaining the largest market share for five consecutive years, and a 16.5% share globally [3] - Tianxiao operates under two business segments: influencer marketing solutions and innovation in the influencer economy ecosystem, with the former being the primary revenue source [3] Financial Performance - For the fiscal years ending December 31, 2023, 2024, and the nine months ending September 30, 2025, the company reported revenues of approximately RMB 42.02 billion, RMB 40.66 billion, and RMB 27.34 billion respectively [5] - The net profit for the same periods was RMB 80.96 million, RMB 43.35 million, and RMB 32.57 million respectively [8] - The gross profit margin for 2023, 2024, and the nine months ending September 30, 2025, was recorded at 17.3%, 16.6%, and 17.2% respectively [9] Industry Overview - The influencer economy is an emerging economic model centered around influencers, utilizing social media, short video platforms, and live streaming to create a comprehensive ecosystem for content creation, audience interaction, and commercial monetization [11] - The global influencer economy is projected to grow from RMB 20,661 billion in 2020 to RMB 31,164 billion by 2024, with a compound annual growth rate (CAGR) of 10.8% [11] - In China, the influencer economy is expected to expand from RMB 8,620 billion in 2020 to RMB 13,804 billion by 2024, with a CAGR of 12.5% [14]

Company Overview - Tianxiao Digital Technology (Group) Co., Ltd. is the first mature influencer marketing solution platform in China, leveraging AI, data, and algorithms to connect advertisers with influencers, MCNs, and major third-party UGC platforms [3][4] - The company holds a 26.1% market share in China's influencer marketing solutions sector, ranking first, and a 16.5% share globally, significantly ahead of competitors [3] - Tianxiao operates under two business segments: influencer marketing solutions and innovation in the influencer economy ecosystem, with the former being the primary revenue source [3] Financial Performance - For the fiscal years ending December 31, 2023, 2024, and the nine months ending September 30, 2025, the company reported revenues of approximately RMB 42.02 billion, RMB 40.66 billion, and RMB 27.34 billion respectively [5][7] - The net profit for the same periods was RMB 80.96 million, RMB 43.35 million, and RMB 32.57 million respectively [8] - The gross profit margin for 2023, 2024, and the nine months ending September 30, 2025, was recorded at 17.3%, 16.6%, and 17.2% respectively [9][10] Industry Overview - The influencer economy is an emerging economic model centered around influencers, utilizing social media, short video platforms, and live streaming to create a comprehensive ecosystem for content creation, audience interaction, and commercial monetization [11] - The global influencer economy is projected to grow from RMB 20.66 trillion in 2020 to RMB 31.16 trillion by 2024, with a compound annual growth rate (CAGR) of 10.8% [11] - In China, the influencer economy is expected to expand from RMB 8.62 trillion in 2020 to RMB 13.80 trillion by 2024, with a CAGR of 12.5% [14]

Core Viewpoint - Tianxiexiu Digital Technology (Group) Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, aiming to become a leading player in the influencer marketing sector driven by AI, data, and algorithms [1] Company Overview - Tianxiexiu is recognized as the first mature influencer marketing solution platform in China [1] - The company aims to act as a "super connector" in the global influencer marketing industry, facilitating efficient collaboration, marketing content dissemination, and commercial monetization across multiple digital channels [1] Financial and Sponsorship Details - Deutsche Bank and Guotai Junan are acting as joint sponsors for the listing application [1]

Group 1 - The core viewpoint of the article is that Tianxiao Digital Technology Group Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, marking a significant step in its growth as a leading influencer marketing solutions platform in China [1] - Tianxiao is recognized as the first mature influencer marketing solutions platform in China, leveraging AI, data, and algorithm capabilities to connect advertisers with influencers, MCNs, and major third-party UGC platforms [1] - The company aims to become a "super connector" in the global influencer marketing industry, facilitating efficient collaboration, marketing content dissemination, and commercial monetization across multiple digital channels [1]

Core Viewpoint - Tianxiexiu Digital Technology (Group) Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, aiming to become a leading player in the influencer marketing sector driven by AI, data, and algorithms [1] Group 1: Company Overview - Tianxiexiu is recognized as the first mature influencer marketing solution platform in China [1] - The company aims to act as a "super connector" in the global influencer marketing industry, facilitating efficient collaboration, content dissemination, and commercial monetization across multiple digital channels [1] Group 2: Financial and Advisory Details - Deutsche Bank and Guotai Junan are serving as joint sponsors for the listing application [1] - The prospectus indicates the company's commitment to bridging advertisers with influencers, MCNs, and major third-party UGC platforms [1]

据港交所文件：天下秀数字科技(集团)股份有限公司向港交所提交上市申请书。 本文源自：金融界AI电报 ...

Core Viewpoint - The A-share market is experiencing an upward trend, driven by sectors such as pharmaceuticals, media, and non-bank financials, with significant gains in online consumption ETFs and leading companies in the consumer goods sector [1] Group 1: Market Performance - As of 13:50, the online consumption ETF (159728.SZ) rose by 4.35%, with BlueFocus up 19.97%, Tianxiashow up 10%, and 37 Interactive Entertainment up 10% [1] - The consumer goods sector is seeing robust growth due to category innovation and new channel expansion strategies [1] Group 2: Policy Support - The government is promoting consumption recovery through the "Special Action Plan to Boost Consumption," focusing on increasing residents' income, promoting bulk consumption, and fostering new consumption types [1] - The "14th Five-Year Plan" emphasizes consumption as a key driver of economic growth, indicating ongoing policy support [1] Group 3: Industry Trends - Traditional consumer categories are approaching a fundamental recovery point, supported by both policy catalysts and improving macroeconomic indicators [1] - The online retail sector is evolving towards precision and digitalization, with market vitality expected to continue being released under the influence of both incremental and stock policies [1] Group 4: Investment Opportunities - The online consumption ETF (159728.SZ) is positioned to benefit from the steady growth of online retail and the continuous release of policy dividends, presenting good allocation value [1]

Core Viewpoint - The company has completed the registration of changes to its business scope and obtained a new business license, reflecting a more standardized expression of its operational activities [1][2]. Group 1: Business Scope Changes - The company held meetings on December 10 and December 26, 2025, to approve the proposal for changing its business scope and revising the Articles of Association [1]. - The new business license includes a wide range of activities such as software development, advertising services, economic consulting, information system integration, and various technical services [1]. - The company is now authorized to engage in both general and licensed projects, with specific mention of food sales as a licensed activity [1]. Group 2: Other Business License Details - Aside from the changes in business scope, no other items registered on the company's business license have changed [2].

The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission take no responsibility for the contents of this Application Proof, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Application Proof. Application Proof of Inmyshow Digital Technology (Group) Co., Ltd. 天下秀數字科技(集團)股份有限公司 (the "Company") (A joint stock company incorporated ...

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