Core Insights - The general commercial big data service industry in China is experiencing rapid growth, driven by the integration of data and industry, as well as the ongoing digital transformation across various sectors [1][4] - The market size for general commercial big data services is projected to reach 17.4 billion yuan in 2024, an increase of 2.5 billion yuan from 2023, and is expected to grow to 19.9 billion yuan in 2025, with a potential of reaching 28.7 billion yuan by 2028 [1][4] Industry Definition and Classification - General commercial big data services are defined as standardized products and services based on enterprise-related data processed through big data technologies, applicable across various business scenarios [3][4] - The services can be categorized into general and specialized commercial big data services, depending on the reusability and applicability of the products or services [2][3] Current Development Status - The rapid development of big data has led to an explosive growth in data volume, providing abundant resources for the general commercial big data service industry [4][6] - The total data production in China is expected to reach 41.06 zettabytes in 2024, a 25% increase from 2023, with new data storage capacity growing by 20.81% to 2.09 zettabytes [6] Industry Chain - The industry chain consists of upstream hardware suppliers (network, computer, and storage devices), midstream service platforms, and downstream applications across various sectors such as government, finance, telecommunications, healthcare, and logistics [4][5] Competitive Landscape - Major players in the general commercial big data service industry include Qichacha, Tonghuashun, and various other companies specializing in different data service types [7][8] - Qichacha, for instance, has over 150 million registered users and reported revenues of 5.18 billion yuan in 2022, with a projected compound annual growth rate of 16.89% through 2024 [7] - Tonghuashun, a pioneer in securities analysis software, reported total revenue of 1.529 billion yuan in 2024, an increase of 416 million yuan from the previous year [8] Development Trends - The future growth of the general commercial big data service industry is expected to be driven by advancements in artificial intelligence, big data mining, and visual analysis technologies, with an expanding range of application scenarios [8][9]

Core Insights - The company Qichacha has made significant progress towards its IPO, with its application accepted by the Shanghai Stock Exchange on October 10, 2023, marking a crucial step in its journey to go public [2][10]. Company Background - Qichacha was founded in March 2014 by Chen Deqiang and his team, initially as a tool to help users find sports venues by providing business registration information [3][4]. - The company has evolved from a small startup with fewer than 30 employees and an initial angel investment of 2.2 million yuan to a valuation nearing 10 billion yuan, with a new headquarters built at a cost of 300 million yuan [2][5]. Business Model and Revenue - Qichacha primarily generates revenue through a membership-based data query service, with C-end membership income accounting for 75%-78% of its main revenue from 2022 to 2024 [8][9]. - The company has a strong customer base, with over 1.5 million registered users and more than 800,000 monthly active users as of June 2025, indicating high user engagement and retention [13]. Financial Performance - Qichacha's revenue has shown steady growth, with figures of 518 million yuan, 618 million yuan, and 708 million yuan from 2022 to 2024, reflecting a compound annual growth rate of 16.89% [12]. - The net profit increased from 162 million yuan in 2022 to 298 million yuan in 2024, with a net profit margin rising from 31% to 42% during the same period [12]. Competitive Landscape - Qichacha competes with Tianyancha and Qixinbao in the enterprise information query sector, forming a competitive triad known as "the three checks" [14][15]. - Despite facing competition, Qichacha has maintained a strong market position, being the first to achieve profitability in 2015 and holding a significant share of the market [14]. Future Prospects - The company plans to raise 1.5 billion yuan through its IPO, with funds allocated for upgrading C-end and B-end products, enhancing its database, and investing in AI research [13]. - Qichacha aims to leverage its IPO to accelerate technological innovation and business expansion, positioning itself as a leading player in the data service industry [19].

就在昨天，一家大数据超级独角兽要IPO了，提交招股书，冲刺A股主板。它的名字，相信大多数人都熟悉，它就是企查查。 现在，国家也支持数据类公司上市。2023年12月，国家数据局等17部门印发《"数据要素 ×" 三年行动计划（2024—2026 年）》，提出要发挥数据要素的乘 数效应，支持数据商上市融资——文件印发后，企查查是首个上交所主板受理的数据服务商申报企业。 借着企查查的IPO契机，我们来看看，商业大数据赛道还有哪些新机会？ 01 创业始末 2014年2月，陈德强、杨京等人在筹备一个创业项目，主要提供租场地服务，如篮球场、羽毛球馆等。几个人先从场地谈合作做起，在江苏做了一个月，杨 发现有个问题很麻烦。"有人说这个场馆是他的，你跟他聊半天，才知道他只是个中间人，不是老板。" 后续，他们做了一个微信公号查询工具。在上面输入一个场馆的名字，就能查询它在工商局的注册信息，马上看到老板是谁。 招股书显示，成立于2014年的企查查，总部在苏州，是一家商业大数据综合服务商，旗下产品有企查查APP、企查查专业版、数据接口服务等数据产品。截 止2025年6月，累计注册用户数超1.5亿，月活超8000万。 值得一提的是，过去 ...

Core Viewpoint - Qichacha Technology Co., Ltd. has submitted its prospectus to go public on the A-share main board, marking the first data service provider accepted by the Shanghai Stock Exchange following the release of the "Data Element × Three-Year Action Plan (2024-2026)" by 17 government departments, indicating strong market recognition and support for data service providers and third-party professional service institutions [1] Group 1: Company Overview - Founded in 2014, Qichacha is a comprehensive commercial big data service provider focused on data collection, cleaning, mining, analysis, and application across various sectors [1] - As of June 2025, Qichacha has over 150 million registered users and more than 80 million monthly active users [1][3] - The company has established a one-stop enterprise credit information big data service platform, recognized as a model project for public service digitalization by the Ministry of Industry and Information Technology [3] Group 2: Market Context - The inclusion of "data" as a production factor by the Fourth Plenary Session of the 19th Central Committee in 2019 and subsequent policies emphasize the importance of data in the digital economy [2] - The "Data Element × Three-Year Action Plan (2024-2026)" aims to encourage social capital investment in the data industry and support data companies in going public [2] Group 3: Financial Performance - Qichacha's revenue figures show stable growth, with revenues of 518.48 million yuan, 618.29 million yuan, 708.41 million yuan, and 375.41 million yuan for the years 2022, 2023, 2024, and the first half of 2025, respectively [3] - The company has established partnerships with major clients, including five state-owned banks, twelve joint-stock commercial banks, over 80 insurance companies, and more than 200 law firms [3] Group 4: Future Plans - The funds raised from the IPO will be invested in enhancing the company's data middle platform capabilities and artificial intelligence technology, aiming to strengthen technical barriers and improve product offerings for both C-end and B-end users [4] - Qichacha aims to leverage big data technology to serve more sectors of the real economy, promoting the digitalization of industries and the development of the digital economy [4]

Core Viewpoint - The company Qichacha Technology Co., Ltd. has submitted its IPO application to the Shanghai Stock Exchange, aiming to raise 1.5 billion yuan for the development of artificial intelligence and big data products [2][6]. Company Overview - Qichacha is a leading enterprise in the field of credit information and commercial big data services in China, established in 2014, focusing on data collection, cleaning, mining, analysis, and application across various sectors [2][3]. - The company has developed a one-stop enterprise credit information big data service platform, recognized as a demonstration project by the Ministry of Industry and Information Technology for 2023 [3]. User Base and Product Offerings - As of June 2025, Qichacha is projected to have over 150 million registered users and more than 80 million monthly active users [3]. - The company offers various data products for both C-end (consumer) and B-end (business) users, covering areas such as commercial transactions, risk management, financial services, and legal affairs [3]. Market Position - Qichacha ranks second in market share and mobile active user numbers among general commercial big data service providers in China, with the highest download volume in mobile app stores [4]. - The company has established partnerships with major clients, including five state-owned banks, twelve joint-stock commercial banks, over 80 insurance companies, and more than 200 law firms [3]. Financial Performance - Qichacha's revenue for 2022, 2023, 2024, and the first half of 2025 is reported as 518 million yuan, 618 million yuan, 708 million yuan, and 375 million yuan respectively, with a compound annual growth rate of 16.89% [5]. - The net profit attributable to the parent company for the same periods is 190 million yuan, 259 million yuan, 317 million yuan, and 172 million yuan, reflecting a compound annual growth rate of 35.42% [5]. Use of IPO Proceeds - The 1.5 billion yuan raised from the IPO will be allocated to AI and big data product development, with specific amounts designated for various projects, including 503 million yuan for AI research and 458 million yuan for C-end product upgrades [6]. - The funding aims to enhance the performance of both C-end and B-end products, improve technological barriers, and expand market share [6].

Core Insights - Qichacha Technology Co., Ltd. has submitted its prospectus to list on the A-share main board, marking it as the first data service provider accepted by the Shanghai Stock Exchange following the release of the "Data Element × Three-Year Action Plan (2024-2026)" by 17 government departments [1][2] - The company, established in 2014, specializes in comprehensive commercial big data services, focusing on data collection, cleaning, mining, analysis, and application across various sectors [1][2] - As of June 2025, Qichacha has over 150 million registered users and more than 80 million monthly active users [1][2] Business Model and Growth - Qichacha has consistently aligned with national policy directions and actively supports national strategies through its commercial big data services [2] - The company's "One-Stop Enterprise Credit Information Big Data Service Platform" has been recognized as a demonstration project for public service digitalization by the Ministry of Industry and Information Technology [2] - The company has established partnerships with major clients, including five state-owned banks, twelve joint-stock commercial banks, over 80 insurance companies, more than 50 securities firms, and hundreds of Fortune 500 companies [2] Funding and Future Plans - The funds raised from the IPO will be invested in enhancing the company's core business, including increasing equipment, professional talent, and cloud resources [2] - The goal is to improve the company's data platform capabilities and artificial intelligence technology, thereby strengthening its technical barriers and enhancing product offerings for both C-end and B-end users [2][3] - The company aims to apply big data technology to more real economy scenarios, promoting the digitalization of industries and better serving national strategies [3]

Core Viewpoint - Qichacha Technology Co., Ltd. has been accepted for an IPO on the Shanghai Stock Exchange, aiming to raise 1.5 billion yuan, marking it as the first data service provider to be accepted following the release of the "Data Element × Three-Year Action Plan (2024-2026)" by the National Data Bureau and 17 other departments [1][2] Group 1: Company Overview - Founded in 2014, Qichacha is a professional commercial big data service provider focused on data collection, cleaning, mining, analysis, and application across various sectors [1] - The company offers a range of products including the Qichacha app, mini-programs, and web services for C-end users, as well as professional versions and data interfaces for B-end users [1] - As of June 2025, Qichacha has over 150 million registered users and more than 80 million monthly active users [1] Group 2: Business Performance - Qichacha has shown stable growth in various data metrics, with average monthly active users exceeding 80 million [2] - By mid-2025, Qichacha has established partnerships with major clients across various industries, including five major state-owned banks, twelve joint-stock commercial banks, over 80 insurance companies, more than 50 securities firms, and hundreds of law firms and Fortune 500 companies [2] - The company's revenue for 2023 and the first half of 2025 was 618 million yuan, 708 million yuan, and 375 million yuan, with net profits of 259 million yuan, 317 million yuan, and 172 million yuan, indicating stable growth in operational performance [3] Group 3: Market Context - The listing of data-related companies has been a focal point for the capital market, with government initiatives encouraging social capital investment in the data industry [2][3] - Recent government documents have emphasized the importance of a market-oriented allocation system for production factors, particularly focusing on data as a core production element in the digital economy [3] - The "Data Element × Three-Year Action Plan (2024-2026)" aims to support the development of the data industry by guiding and encouraging various social capital investments [2][3] Group 4: IPO Objectives - Qichacha plans to use the 1.5 billion yuan raised from the IPO to enhance its core business through investments in equipment, professional talent, and cloud resources [3] - The company aims to strengthen its data middle platform capabilities and artificial intelligence technology, thereby enhancing its product offerings for both C-end and B-end users and expanding its market share and influence [3]

Core Viewpoint - Qichacha Technology Co., Ltd. has officially received acceptance for its A-share listing application on the Shanghai Stock Exchange, marking a significant step towards entering the domestic capital market [1] Group 1: Company Overview - Qichacha, established in 2014, is a leading provider of commercial big data services in China, focusing on data collection, cleaning, mining, analysis, and application across various sectors [2] - The company has over 150 million registered users and more than 80 million monthly active users as of June 2025 [2] - Qichacha ranks second in market share among general commercial big data service providers in China and leads in app download volume [2] Group 2: Policy Support - The listing application coincides with a critical period for national data strategy implementation, with the government encouraging social capital investment in the data industry [3] - The establishment of the National Data Bureau in 2023 has shown a strong focus on industry benchmark companies like Qichacha [3] - Policies have been introduced to support the legal development and utilization of data resources, fostering a transparent environment for data circulation [3] Group 3: Business Performance - Qichacha has shown stable growth in various data metrics, with average monthly active users exceeding 80 million [5] - The company has established partnerships with major clients, including five state-owned banks and over 200 law firms [5] - Financial performance indicates steady growth, with revenues increasing from 518.48 million yuan in 2022 to 708.41 million yuan by the end of 2024 [5] Group 4: Profitability and Future Plans - The company's net profit has grown from 162.30 million yuan in 2022 to 297.66 million yuan by the end of 2024, reflecting a compound annual growth rate of 35.42% [6] - The funds raised from the IPO will be invested in enhancing data capabilities and artificial intelligence technology, aiming to strengthen the company's market position [6] - Qichacha plans to leverage its listing to optimize R&D investments and expand its application of big data technologies in various economic sectors [6]

Core Viewpoint - Qichacha Technology Co., Ltd. has submitted its prospectus to the Shanghai Stock Exchange, aiming to list on the main board, marking it as the first data service provider to be accepted for listing on the exchange [1] Company Overview - Qichacha offers a range of data products including the Qichacha APP, mini-programs, and web-based services targeting C-end users, as well as professional versions and data interfaces for B-end users [1] - As of June 2025, Qichacha is projected to have over 150 million registered users and more than 80 million monthly active users [1] Client Base - The company has established partnerships with numerous industry leaders, including all five major state-owned banks, twelve joint-stock commercial banks, over 80 insurance companies, more than 50 securities firms, 200 law firms, and hundreds of Fortune 500 companies in China [1]

Core Viewpoint - The article provides a comprehensive overview of the 2025 National College Entrance Examination (Gaokao) results announcement and the subsequent college application process, emphasizing the importance of timely information collection and strategic decision-making for students and parents. Summary by Sections Examination Results Announcement - Various provinces have set their Gaokao results announcement dates primarily between June 23 and June 25, 2025, with specific details for Shanghai, Hebei, Liaoning, and others [1][2][3][4]. Data and Tools for College Selection - The article highlights the role of the commercial data platform Qichacha, which connects data on higher education institutions, disciplines, and employment opportunities, aiding students in making informed decisions about college and major selection [3][5]. Tips for Filling Out College Applications - **Early Information Gathering**: Students should start collecting information early, as results are typically released about 20 days after the exam, and application processes begin shortly thereafter [7]. - **Understanding Score Rankings**: It is crucial to determine one's score ranking within the province to make informed choices about potential colleges [8]. - **Interest-Driven Choices**: Students should consider their interests and strengths when selecting majors, as this will impact their motivation and success in college [10]. - **Avoiding Blind Pursuit of Popular Majors**: The article advises against solely chasing popular majors due to intense competition and changing job market demands [13][14]. - **Regional Development Considerations**: The choice of city for college can significantly affect future job opportunities, with a focus on economic development and local job markets [18]. - **Thorough Review of Admission Guidelines**: Students should carefully read the admission guidelines of their chosen colleges to understand specific requirements and avoid potential pitfalls [20].