Core Viewpoint - Youlan International, a leading lifelong service provider for blue-collar talent in China, successfully listed on NASDAQ, raising $27 million through the issuance of 2.704949 million Class A ordinary shares, marking a significant milestone in its global strategy and the internationalization of the blue-collar service industry in China [1][10]. Company Overview - Youlan International aims to become the preferred lifelong service platform for global blue-collar talent, leveraging advanced digital technology to provide comprehensive support for skill enhancement and career development [4]. - The company operates a unique full lifecycle service model that integrates vocational education, talent recruitment, employee management, and market services, targeting a vast market of 400 million blue-collar workers in China [4]. Market Potential - The blue-collar service market in China is valued at 12 trillion yuan, with a compound annual growth rate (CAGR) of 13.3%, providing strong momentum for Youlan International's rapid growth [6]. - The company's revenue is projected to increase from 724.1 million yuan in 2022 to 1.3659 billion yuan in 2024, reflecting an 88.6% year-on-year growth, with further growth of 16.1% expected in 2024 [6]. Competitive Position - Youlan International holds a leading position in the blue-collar lifelong service platform in China, maintaining a pioneering status in key business areas such as vocational education, talent management, recruitment, and market services [8]. - The company collaborates with nearly 100 educational institutions nationwide and has established a network of 182 domestic and 7 overseas branches, serving over 50,000 enterprises and facilitating employment for over one million individuals [8]. Future Strategy - Moving forward, Youlan International plans to enhance its blue-collar talent service system through a dual-driven model of "technology + service," focusing on expanding market share and improving service quality and efficiency [8]. - The company will also actively explore overseas markets, particularly along the Belt and Road Initiative, aiming to replicate its successful domestic experiences and establish a globally recognized blue-collar service standard with Chinese characteristics [8].