Core Insights - The article highlights the growth journey of Yantai Suzao Cultural Media Co., Ltd. (Suzao Creative) through its partnership with the Yipin Weike platform, showcasing how the platform has empowered the company to transform its business model and achieve significant success [1][9]. Company Journey - In 2017, the founder of Suzao Creative, Wang Ting, transitioned from a technical position to entrepreneurship, facing challenges such as slow customer acquisition and limited revenue, which was stuck at 200,000 yuan annually [3][4]. - In 2018, the company shifted its strategy from offline to online, but faced difficulties with high competition in search engine bidding and commission-based platforms until they connected with Yipin Weike, which provided essential business support [6]. Business Transformation - After joining Yipin Weike, Suzao Creative secured a significant project with a struggling client in Shandong, leading to a successful brand transformation that increased the client's daily customer traffic to over 3,000 and expanded their chain to 30 locations [6][9]. - This project resulted in Suzao Creative achieving 3 million yuan in revenue for that year and marked its evolution from a design studio to a comprehensive brand service provider [6][9]. Recognition and Future Plans - Suzao Creative has received multiple accolades, including the "Growth Partner" award and the "Most Influential Service Provider" title from Yipin Weike, establishing itself as an industry benchmark [14]. - Looking ahead, the company aims to continue its collaboration with Yipin Weike, enhancing its services to contribute to industry upgrades and growth [14].

Company Overview - EPWK Holdings Ltd. connects businesses with talented individuals through an innovative cloud-sourcing platform, providing creative transaction services for small and medium-sized enterprises and suppliers [5]. Initial Public Offering (IPO) Details - The underwriters of the IPO exercised their option to purchase an additional 412,500 Class A ordinary shares at a public offering price of $4.10 per share, resulting in gross proceeds of $12,966,250 before deducting underwriting discounts and expenses [1]. - The Class A ordinary shares began trading on the Nasdaq Global Market on February 6, 2025, under the ticker symbol "EPWK" [1]. - Proceeds from the IPO will be allocated for business development, marketing, research and development, exploring new product and service offerings, creating an online global design center, and general corporate purposes and working capital [1]. Underwriters and Legal Counsel - Cathay Securities, Inc. acted as the representative of the underwriters, with Revere Securities LLC serving as co-underwriter [2]. - VCL Law LLP provided legal counsel to the Company, while Winston & Strawn LLP served as counsel to the underwriters [2]. Regulatory Compliance - The IPO was conducted under the Company's Registration Statement on Form F-1, which was declared effective by the U.S. Securities and Exchange Commission (SEC) on February 3, 2025 [3]. - A final prospectus related to the Offering was filed with the SEC and is available on the SEC's website [3].

Core Viewpoint - EPWK Holdings Ltd. successfully closed its initial public offering, raising $11.275 million by offering 2,750,000 Class A ordinary shares at a price of $4.10 per share, with trading commencing on February 6, 2025 [1][2]. Group 1: Offering Details - The offering generated gross proceeds of $11.275 million before expenses, with an option for underwriters to purchase an additional 412,500 shares within 30 days [2]. - The offering was conducted on a firm commitment basis, with Cathay Securities, Inc. as the representative underwriter and Revere Securities LLC as co-underwriter [4]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated for business development, marketing, research and development, exploring new product and service offerings, creating an online global design center, and general corporate purposes [3]. Group 3: Company Overview - EPWK Holdings Ltd. connects businesses with talent through an integrated crowdsourcing platform, focusing on creative transaction services for small and medium-sized enterprises [7].

Core Viewpoint - EPWK Holdings Ltd. has successfully priced its initial public offering (IPO) of 2,750,000 Class A ordinary shares at $4.10 per share, commencing trading on Nasdaq under the ticker symbol "EPWK" on February 6, 2025 [1]. Group 1: Offering Details - The company will receive gross proceeds of $11.275 million from the offering, before deducting underwriting discounts and expenses [2]. - Underwriters have an option to purchase an additional 412,500 Class A ordinary shares within 30 days after the offering's closing [2]. - The offering was conducted on a firm commitment basis [2]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated for business development and marketing, research and development, exploration of new product and service offerings, creation of an online global design center, and general corporate purposes and working capital [3]. Group 3: Underwriters and Legal Counsel - Cathay Securities, Inc. acted as the representative of the underwriters, with Revere Securities LLC as co-underwriter [4]. - VCL Law LLP served as counsel to the company, while Winston & Strawn LLP acted as counsel to the underwriters [4]. Group 4: Company Overview - EPWK Holdings Ltd. connects businesses with outstanding talent through an innovative integrated crowdsourcing platform, providing creative transaction services for small and medium-sized enterprises and suppliers [7]. - The company was founded by Huang Guohua, a former chief reporter of Fujian Daily Press Group, and operates through subsidiaries and contractual arrangements in China [7].