Core Insights - Multiple companies, including Aibolue, Qingmin Digital Technology, Wodetong, and others, have updated their prospectuses to advance their respective U.S. IPO processes [1] Company Summaries Aibolue (CZTI) - Aibolue plans to issue 3.34 million shares at a price range of $11 to $13 per share, aiming to raise between $36.69 million and $43.36 million [1] - The company reported revenue of $493 million for the first half of 2025, a year-on-year increase of 96.26%, with a net profit of $470,000 [4] Qingmin Digital Technology (QMSK) - Qingmin plans to issue 1.5 million shares at a price range of $4 to $6 per share, targeting a fundraising range of $6 million to $9 million [1] - The company generated revenue of $52.86 million for the fiscal year ending March 31, 2025, with a net profit of $2.25 million [6] Wodetong (WODO) - Wodetong intends to issue 1.5 million shares at a price range of $4 to $6 per share, with a fundraising target of $6 million to $9 million [1] - The company reported revenue of $63.93 million for the fiscal year ending March 31, 2025, and a net profit of $1.1 million [8] Kangbeit (KBAT) - Kangbeit plans to issue 3.75 million shares at a price range of $4 to $5 per share, aiming to raise between $15 million and $18.75 million [1] - The company reported revenue of $12.14 million for the fiscal year ending March 31, 2025, with a net profit of $1.93 million [10] Ziyun Dongfang (YLY) - Ziyun Dongfang plans to issue 1.5 million shares at a price range of $4 to $6 per share, targeting a fundraising range of $6 million to $9 million [1] - The company generated revenue of $2.73 million for the fiscal year ending May 31, 2025, with a net profit of $790,000 [12] Beta Financial (BTFT) - Beta Financial intends to issue 2 million shares at a price range of $4 to $6 per share, aiming to raise between $8 million and $12 million [1] - The company reported revenue of $2.35 million for the fiscal year ending June 30, 2024, with a net profit of $1.05 million [14] Yifu (BGHL) - Yifu plans to issue 1.6 million shares at a price range of $4 to $6 per share, targeting a fundraising range of $6.4 million to $9.6 million [1] - The company generated revenue of $6.77 million for the fiscal year 2024, with a net profit of $960,000 [16] JM Group - JM Group plans to issue 3.75 million shares at a price range of $4 to $5 per share, aiming to raise between $15 million and $18.75 million [1] - The company reported revenue of $18.94 million for the six months ending March 31, 2025, with a net profit of $1.6 million [18] Monkey Tree (MKTR) - Monkey Tree intends to issue 1.65 million shares at a price range of $4 to $5 per share, targeting a fundraising range of $6.6 million to $8.25 million [1] - The company generated revenue of $9 million for the fiscal year ending March 31, 2025, with a net profit of $1.44 million [18]

Group 1 - In August, 29 new stocks were listed in the US, raising a total of $4.559 billion [1] - A total of 63 companies submitted IPO applications to the SEC in August, marking the highest number of applications in a single month this year [3] - Among the new stocks, 25 were listed on NASDAQ and 4 on the NYSE, with a focus on data processing and outsourcing services, air freight and logistics, and pharmaceuticals [1] Group 2 - China remains the country with the highest number of foreign companies submitting IPO applications in the US, with 22 Chinese companies accounting for 35% of the total applications in August [5] - Out of the 22 Chinese companies, 3 submitted blank prospectuses and 2 were SPACs, leaving 17 operational entities [6] - The list of operational entities includes companies such as SIBO, BENN, and AIGO, among others [7]