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Youxin Technology Ltd Completes Strategic Asset Acquisition in Hainan Free Trade Port to Accelerate International Market Expansion
Globenewswire· 2026-03-17 12:00
Core Viewpoint - Youxin Technology Ltd has completed a strategic acquisition of a real estate asset valued at $5.52 million in the Hainan Free Trade Port, aiming to enhance its cross-border digital commerce capabilities and expand into international markets [1][7]. Group 1: Acquisition and Strategic Intent - The acquisition is a significant step in Youxin Technology's strategy to strengthen its international digital service capabilities and contribute to the digital economy of Hainan FTP [7]. - The company plans to leverage its customer resources in retail digitalization to attract more enterprises from various sectors to the Hainan FTP, thereby driving growth in cross-border trade [7][8]. Group 2: Hainan Free Trade Port Advantages - Hainan FTP is recognized as a major economic reform initiative in China, offering zero tariffs, reduced tax rates, and simplified tax structures, making it a vital hub for global trade and investment [2]. - Youxin Technology aims to utilize the policy advantages of Hainan FTP to create a central hub for efficient and secure cross-border digital services for global retail enterprises [2]. Group 3: Integration and Service Enhancement - The company plans to integrate its low-code PaaS capabilities and proprietary Exap programming language with Hainan FTP's digital infrastructure to enhance its service offerings [3]. - Youxin Technology intends to upgrade cross-border trade services in three key areas: digital collaboration, data security, and e-commerce innovation [3]. Group 4: Digital Collaboration - The company will build a multi-language, multi-currency cross-border platform to connect suppliers, distributors, and retail outlets globally, aiming to reduce communication costs and improve response times [4]. Group 5: Data Security - Youxin Technology is committed to enhancing cross-border data protection systems and has obtained Level 3 Multi-Level Protection Scheme certification and ISO27001 information security certification [5]. - The company plans to provide data anonymization and cross-border transmission encryption services to ensure secure global data sharing [5]. Group 6: E-commerce Innovation - As Hainan FTP develops as a hub for cross-border digital content and live-stream commerce, Youxin Technology will create advanced digital tools to support retailers' international market expansion [6]. Group 7: Future Outlook - The CEO of Youxin Technology emphasized that the acquisition aligns with the company's long-term growth strategy and aims to provide comprehensive digital solutions for cross-border procurement, supply chain management, and overseas warehouse operations [8]. - The company intends to continue leveraging Hainan FTP as a core node to connect global resources and deliver competitive cross-border digital solutions for retail enterprises [9].
Youxin Technology Ltd Reports Financial Results for Fiscal Year 2025
Prnewswire· 2026-01-29 21:30
Core Insights - Youxin Technology Ltd reported a total revenue of $0.54 million for fiscal year 2025, marking a 3% increase from $0.52 million in fiscal year 2024, primarily due to the restart of customized CRM system development services [4][6][12] - The company experienced a net loss of $9.65 million in fiscal year 2025, significantly higher than the $1.28 million loss in fiscal year 2024, largely due to non-recurring expenses related to IPO activities and investment losses [6][12] - The integration of AI models into the PaaS platform has enhanced development efficiency and user experience, attracting clients from various industries [2][6] Financial Overview - Total revenues for fiscal year 2025 were $0.54 million, a 3% increase from $0.52 million in fiscal year 2024, driven by the resumption of customized CRM services [4][6] - Gross profit decreased to $0.18 million in fiscal year 2025 from $0.34 million in fiscal year 2024, with a gross margin of 33% compared to 66% in the previous year [6][9] - Operating expenses rose to $3.04 million in fiscal year 2025, up from $1.73 million in fiscal year 2024, primarily due to increased professional fees related to the IPO [10][14] Revenue Breakdown - Revenue from professional services was $0.52 million in fiscal year 2025, an 87% increase from $0.28 million in fiscal year 2024 [7] - Revenue from customized CRM system development services was $0.29 million in fiscal year 2025, with no revenue generated in fiscal year 2024 [13] - Subscription services revenue decreased by 18% to $0.19 million in fiscal year 2025 from $0.23 million in fiscal year 2024 [13] Cash Flow and Financial Condition - Cash reserves increased significantly to $9.91 million as of September 30, 2025, compared to $0.02 million as of September 30, 2024 [6][16] - Net cash used in operating activities was $3.91 million in fiscal year 2025, compared to $0.73 million in fiscal year 2024 [16][24] - Net cash provided by financing activities was $16.79 million in fiscal year 2025, a substantial increase from $0.43 million in fiscal year 2024 [17][25] Strategic Developments - The acquisition of Celnet Technology Co., Ltd. on October 29, 2025, is expected to enhance the company's ability to serve multinational enterprises and improve the practicality of its PaaS platform [2][6] - The company aims to achieve operating breakeven by fiscal year 2026 and plans to commercialize its R&D achievements while expanding into international markets [2][6]
Youxin(YAAS) - 2025 Q4 - Annual Report
2026-01-28 21:31
Revenue Performance - Total revenues increased by $18,233 or 3%, from $521,241 in 2024 to $539,474 in 2025, primarily due to the restart of customized CRM system development services [464]. - Revenue from professional services accounted for $515,684 or 96% of total revenues in 2025, compared to $275,314 or 53% in 2024 [464]. - Revenue from customized CRM system development services increased by $285,188 or 100% from nil in 2024 to $285,188 in 2025 [465]. - Total revenue for the year ended September 30, 2025, was $539,474, a decrease of $374,737 or 42% from $895,978 in 2024 [482]. - Customer B accounted for 39% of net revenue in 2025, up from 26% in 2024, while total revenue from major customers increased to 85% in 2025 from 77% in 2024 [511]. Profitability and Loss - Gross profit for 2025 was $179,965, representing 33% of total revenues, compared to $341,593 or 66% in 2024 [463]. - Net loss for 2025 was $(9,646,142), a significant increase of 1,788% compared to $(1,280,661) in 2024 [463]. - The company reported a net loss of $9,646,142 for the year ended September 30, 2025, compared to a net loss of $1,280,661 in 2024 [480]. - Loss from investments was $2,736,514 in 2025, a significant increase from nil in 2024 [476]. Operating Expenses - Operating expenses totaled $(3,035,280) in 2025, an increase of 563% from $(1,730,409) in 2024 [463]. - Selling expenses increased by $36,311 or 38% to $130,792 in 2025, primarily due to a significant rise in advertising and promotion expenses [470]. - General and administrative expenses surged by $2,250,292 or 454% to $2,746,298 in 2025, mainly due to professional fees related to the IPO [472]. - Research and development expenses decreased by $981,732 or 86% to $158,190 in 2025, attributed to a reduction in labor-related costs [473]. Cash Flow and Financial Position - The company had approximately $9.9 million of unrestricted cash as of September 30, 2025, and will need to control operating costs to ensure sustainability [495]. - Net cash used in operating activities for the year ended September 30, 2025, was $3,913,752, compared to $728,066 for the year ended September 30, 2024, reflecting a net loss of $9,646,142 [498]. - Net cash used in investing activities was $3,028,941 for the year ended September 30, 2025, primarily due to the purchase of short-term investments totaling $3,800,000 [500]. - Net cash provided by financing activities increased to $16,790,704 for the year ended September 30, 2025, from $431,390 in 2024, driven by proceeds from the issuance of ordinary shares and follow-on offerings [502]. - The company reported a total net increase in cash and restricted cash of $9,893,604 for the year ended September 30, 2025, compared to a decrease of $356,029 in 2024 [497]. Legal and Tax Matters - The company is subject to a 25% enterprise income tax rate under PRC law for its subsidiaries in China [454]. - The company is involved in three separate legal cases as of September 30, 2025, with an accrued provision for ongoing litigation matters of $24,459 [519]. Other Financial Metrics - Cost of revenues for 2025 was $359,509, a decrease of $179,861 or 100% from $179,648 in 2024 [467]. - Other income fell by $134,263 or 100% to $539 in 2025, down from $134,802 in 2024 [474]. - As of September 30, 2025, the allowance for expected credit loss was nil, while it was $4,664 for September 30, 2024, and nil for September 30, 2023 [525]. - The valuation allowance for deferred tax assets as of September 30, 2025, 2024, and 2023 was $1.23 million, $1.17 million, and $3.00 million, respectively [526]. Inflation Impact - Inflation does not materially affect the company's business or results of operations [520]. Revenue Recognition - Customized CRM system development and cloud-based connectivity services are recognized as a single performance obligation, with revenue recognized over the contractual service period [524].
Youxin Technology Receives 2025 Hong Kong Innovation Leadership Award
Globenewswire· 2025-12-10 13:00
Core Insights - Youxin Technology Ltd has been awarded the Hong Kong Innovation Leadership Award at the Hong Kong Innovation and Technology Achievement Awards 2025, recognizing its contributions to technological innovation and digital capabilities in the retail industry [1][2][3] Company Overview - Youxin Technology is a SaaS and PaaS provider focused on helping retail enterprises with digital transformation through cloud-based solutions, enabling businesses to develop and manage applications without complex IT infrastructure [5] - The company offers a comprehensive suite of omnichannel digital solutions that integrate various aspects of commerce, including store innovations and cross-channel data integration, aimed at mid-tier brand retailers [5] Leadership Comments - The CEO of Youxin Technology expressed pride in receiving the award, emphasizing the company's commitment to technology innovation and plans to deepen partnerships within the Guangdong-Hong Kong-Macao Greater Bay Area [4] - The Chief Technology Officer highlighted the ongoing journey of technological innovation and the intention to strengthen R&D capabilities [4] - The Product Director reiterated that innovation is the core driver of growth and the company will continue to enhance its product ecosystem for better client service experiences [4]
美股异动丨富原集团暴涨266.22%,为涨幅最大的中概股



Ge Long Hui· 2025-12-09 00:37
Group 1 - The core point of the article highlights significant stock price increases for several Chinese concept stocks, with notable gains for 富原集团 (TWG) at 266.22% and 有信科技 (YAAS) at 34.78% [1] - 富原集团 (TWG) closed at a price of 22.010, with a total trading volume of 403 million [1] - 有信科技 (YAAS) saw a closing price of 2.170, with a trading volume of 3.6623 million [1] Group 2 - Agencia Comercial Sp (AGCC) experienced a price increase of 27.94%, closing at 12.640, with a trading volume of 2.3292 million [1] - 荣志集团 (SUGP) rose by 27.32%, closing at 7.130, with a trading volume of 25.7957 million [1] - 新世纪储运 (NCEW) increased by 21.60%, closing at 5.010, with a trading volume of 657,100 [1]
Youxin Technology Ltd Provides Update on Strengthened Balance Sheet
Globenewswire· 2025-11-13 13:15
Core Points - Youxin Technology Ltd has raised approximately $4.48 million from the exercise of warrants issued in its September 2025 public offering [1][2] - The exercise of warrants resulted in the issuance of 1,752,134 Class A ordinary shares, with 65% of Series A and 99% of Series B warrants exercised [2] - The Chairman of the Board expressed satisfaction with the cash infusion, which will support new business opportunities and strategic growth objectives [3] Company Overview - Youxin Technology Ltd is a SaaS and PaaS provider focused on aiding retail enterprises in digital transformation through cloud-based solutions [4] - The company offers a comprehensive suite of omnichannel digital solutions that integrate various aspects of commerce, including inventory management and ecommerce capabilities [4] - Its products enable mid-tier brand retailers to connect management teams, distributors, salespersons, stores, and end customers across multiple systems and devices [4]
Youxin Technology Ltd Completes Acquisition of Celnet
Globenewswire· 2025-10-30 12:00
Core Insights - Youxin Technology Ltd has completed the acquisition of Celnet Technology Co., Ltd, marking a significant step in its strategic expansion and internationalization efforts [1][2][3] Company Overview - Youxin Technology is a SaaS and PaaS provider focused on aiding retail enterprises in their digital transformation through cloud-based solutions [4] - The company offers a comprehensive suite of omnichannel digital solutions that integrate various aspects of commerce, including inventory management and ecommerce capabilities [4] Acquisition Details - Following the acquisition, Youxin Technology holds 51% equity in Celnet, which is the largest Salesforce.com partner in China [2] - The acquisition is projected to contribute approximately $1.3 million in revenue during the first half of fiscal year 2026, representing a 376% increase compared to the same period in fiscal year 2025 [2] Strategic Implications - The integration of Youxin's cloud-based platforms with Celnet's CRM expertise and AI solutions is expected to enhance client value and drive revenue growth [3] - The acquisition positions Youxin Technology to strengthen its AI-driven innovation and accelerate its entry into international markets, thereby enhancing its competitive strength [3]
Youxin Technology Ltd Regains Compliance with Nasdaq Listing Requirements
Globenewswire· 2025-10-20 12:00
Core Points - Youxin Technology Ltd has regained compliance with Nasdaq's minimum bid price requirement, confirming its full compliance with the Nasdaq Capital Market's listing requirements [1][2] - The previously scheduled hearing before the Hearings Panel has been cancelled, allowing the company's securities to continue being listed and traded on Nasdaq [2] Company Overview - Youxin Technology Ltd is a SaaS and PaaS provider focused on aiding retail enterprises in their digital transformation through cloud-based solutions [3] - The company offers customized omnichannel digital solutions that integrate various aspects of commerce, including store innovations and inventory management [3] - Its products enable mid-tier brand retailers to connect management teams, distributors, salespersons, stores, and end customers across different systems and devices, utilizing real-time sales data [3]
Morning Market Movers: SOPA, CRML, SANM, PALI See Big Swings
RTTNews· 2025-10-06 12:20
Core Viewpoint - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - Society Pass Incorporated (SOPA) has increased by 139% to $3.34 - Critical Metals Corp. (CRML) has risen by 79% to $14.30 - Sanmina Corporation (SANM) is up 26% at $144.61 - Palisade Bio, Inc. (PALI) has gained 25% to $2.00 - Advanced Micro Devices, Inc. (AMD) has increased by 24% to $205.07 - Odyssey Marine Exploration, Inc. (OMEX) is up 22% at $2.46 - Youxin Technology Ltd (YAAS) has risen by 21% to $3.14 - NioCorp Developments Ltd. (NB) is up 18% at $9.38 - Snow Lake Resources Ltd. (LITM) has increased by 14% to $5.66 - Plug Power Inc. (PLUG) is up 7% at $4.10 [3] Premarket Losers - Rich Sparkle Holdings Limited (ANPA) has decreased by 15% to $22.10 - CCH Holdings Ltd Ordinary Shares (CCHH) is down 15% at $3.73 - Xcel Brands, Inc. (XELB) has fallen by 14% to $2.04 - Quantum Computing Inc. (QUBT) is down 13% at $21.39 - Rent the Runway, Inc. (RENT) has decreased by 12% to $4.70 - MDJM Ltd (UOKA) is down 11% at $2.96 - CID HoldCo, Inc. (DAIC) has fallen by 9% to $2.72 - Algorhythm Holdings, Inc. (RIME) is down 9% at $2.47 - Corbus Pharmaceuticals Holdings, Inc. (CRBP) has decreased by 8% to $13.50 - Art's-Way Manufacturing Co., Inc. (ARTW) is down 7% at $2.58 [4]
Youxin Technology Ltd Regains Compliance with Nasdaq Stockholders’ Equity Rule
Globenewswire· 2025-10-03 13:30
Core Viewpoint - Youxin Technology Ltd has regained compliance with Nasdaq's stockholders' equity rule, confirming it now meets the minimum requirement of $2.5 million in stockholders' equity [1][3]. Company Summary - Youxin Technology Ltd is a SaaS and PaaS provider focused on aiding retail enterprises in their digital transformation through cloud-based solutions [4]. - The company offers a comprehensive suite of omnichannel digital solutions that integrate various aspects of commerce, including store innovations and inventory management [4]. - Its products enable mid-tier brand retailers to connect management teams, distributors, salespersons, stores, and end customers across different systems and devices, utilizing real-time sales data [4]. Compliance History - On August 13, 2025, Youxin Technology was notified by Nasdaq of its non-compliance with the minimum stockholders' equity requirement [2]. - Following this, the company provided evidence of compliance on September 30, 2025, demonstrating stockholders' equity exceeding $2.5 million [3].