Core Viewpoint - Two loss-making Chinese companies, Hengfeng International and Zhi Yi Architects, have successfully listed on NASDAQ, demonstrating that loss-making firms can still go public in the U.S. if they meet NASDAQ's listing requirements, thus opening up more development opportunities [2][7]. Group 1: Company Listings - Hengfeng International submitted its prospectus to the SEC on May 15, seeking to list on NASDAQ under the ticker "FOFO" [2]. - Zhi Yi Architects is set to be listed on NASDAQ on May 21, 2025, with the ticker "OFAL" [4]. Group 2: Financial Performance - Hengfeng International's revenue for 2023 and 2024 is projected to be $120,000 and $203,000, with corresponding net losses of $920,000 and $870,000 [4]. - Zhi Yi Architects reported revenues of $1,099,200 and $530,600 for 2023 and 2024, with net profits of $174,300 and net losses of $93,200 respectively [6]. Group 3: Listing Conditions and Strategies - Companies can successfully list on NASDAQ even with shrinking revenues and net losses, provided they can raise sufficient funds to meet listing standards [7]. - Key points for companies planning to go public include: 1. Identifying how to raise funds that meet listing requirements [7]. 2. Seeking a professional team for listing service planning [8]. 3. Evaluating and reserving the necessary budget for listing costs [9].