Core Viewpoint - Milian Technology Co., Ltd. is applying for a mainboard listing on the Hong Kong Stock Exchange, aiming to become the "first stock in online emotional social networking" [1] Group 1: Market Positioning - Milian Technology has rapidly risen to the forefront of the domestic social networking sector since 2017, amidst intense competition [1] - The company has identified and targeted the social needs of users in lower-tier cities, where 80.4% of young consumers spend over 1,000 yuan online monthly [3] - The launch of the "Yidui" app allows users with social needs to access social software, aligning with consumer psychology and quickly penetrating the target market [3] Group 2: Technological Innovation - Yidui is a pioneer in integrating live streaming and big data technology into the dating social scene, introducing a three-party video interaction model [4] - The platform reduces interaction barriers and enhances user understanding through video, minimizing the "ghosting" risk [4] - Big data technology creates a dual value system for precise matching and a smart risk control system, ensuring social safety [4] Group 3: Recognition and Strategic Path - Milian Technology has gained widespread recognition and long-term expectations, attracting investments from notable institutions like Xiaomi and People's Daily [6] - The company has received various honors, including being listed among the "Top 50 High-Tech High-Growth Companies in China" and the "Top 500 High-Tech High-Growth Companies in Asia-Pacific" [6] - The strategic path of identifying unmet needs, leveraging technology, and innovating locally has allowed Milian Technology to reshape the social networking landscape [6]