Core Viewpoint - Chuangye Tianxia is a rapidly growing platform in the digital economy, boasting a dual listing and over 10 million users, with annual sales revenue exceeding 4 billion yuan, showcasing its innovative business model and ecosystem [1][2]. Group 1: Key Operational Data - As of October 2023, Chuangye Tianxia has registered users reaching 12.29 million, with daily active users stable at around 1.5 million and a growing host community exceeding 10,000 [4]. - The platform's tax records show a clear upward trend, with tax contributions increasing from 55 million yuan in 2020 to over 1 billion yuan in 2023, reflecting strong profitability [4]. - The supplier network covers a wide range of essential goods, and the live streaming business has achieved a single-session GMV of 2.2 million yuan, validating the feasibility of the content e-commerce model [4]. Group 2: Platform Core - Chuangye Tianxia's app serves as the core vehicle for the company, which was established in October 2019 with a registered capital of 100 million yuan, focusing on software development and service innovation [5]. - The platform integrates advantages from the Internet of Things, 5G, and artificial intelligence, creating a robust technical architecture capable of processing millions of transactions in real-time [7]. - It offers a diverse range of functions, including social communication, e-commerce, live streaming, and online education, forming a comprehensive digital lifestyle service ecosystem [7]. Group 3: Development History - The platform began in 2019 as a "zero-cost entrepreneurship platform," quickly gaining influence by integrating local businesses [8]. - During the pandemic in 2020, it doubled its user base and revenue, earning recognition as one of China's top 100 brands, with a tax contribution of 55 million yuan [8]. - By 2023, registered users surpassed 10 million, with app installations reaching 27.9 million, further enhancing brand visibility through participation in industry expos [8]. Group 4: Founder Background - The founder, Tao Guolin, has a rich entrepreneurial background, transitioning from traditional industries to the digital economy, with significant achievements in various sectors since 2001 [9][10]. Group 5: Capital Market Layout - Chuangye Tianxia has established a dual listing in Hong Kong and the U.S., with its Hong Kong entity, Zhiqin Holdings, having a total market capitalization of 3.36 billion yuan [13]. - The U.S. subsidiary, EUBG, upgraded its stock from the OTC Pink market to OTCQB in April 2023, enhancing liquidity and market visibility [13]. - The founder has set an ambitious sales target of 100 billion yuan by 2025, reflecting confidence in the platform's growth potential [13]. Group 6: Core Business Model - The platform's core business model combines social interaction, e-commerce, and entrepreneurship, creating a multi-layered, cyclical ecosystem [15]. - It empowers offline businesses through digital transformation, leveraging a large user base to drive traffic and enhance sales [15][16]. - A diversified revenue-sharing system allows users to earn from their consumption and participation, fostering a sense of community and loyalty [16][18]. Group 7: Summary - Chuangye Tianxia is positioned as an innovative digital business explorer, integrating technology, user engagement, and ecosystem development to drive growth and social value [19].

Group 1 - The core concept of "Chuangye Tianxia" is to create a comprehensive online platform that integrates social networking, e-commerce, live streaming, learning, and entrepreneurship into a single app, aiming to attract over 12 million registered users and achieve a sales target of 100 billion by 2025 [1][2][18]. - The app allows users to chat, shop, watch live streams, learn skills, and start businesses with low or no costs, leveraging technologies like 5G, big data, and AI to connect online and offline businesses [4][8]. - The founder, Tao Guolin, has a background in traditional business and has successfully transitioned to the internet sector, emphasizing practical experience in operations [6][8]. Group 2 - The business model encourages users to view their spending as an investment, with a points system that rewards spending and referrals, allowing users to earn commissions and dividends based on their activity [8][10]. - For merchants, the platform offers exposure to millions of users and a revenue-sharing model, where they pay a service fee for customer referrals and can benefit from customer loyalty through a points system [11][12]. - The platform generates revenue through various channels, including e-commerce commissions, live streaming shares, advertising fees, and potential financial services [13][14]. Group 3 - As of October 2023, the platform has 12.29 million registered users, 1.5 million daily active users, and over 10,000 live streamers, with projected annual revenue exceeding 10 billion [16]. - The platform's financial data shows a tax revenue target of 500 million for 2021 and a significant increase in sales, although there are concerns about the clarity of these figures [16][18]. - The founder's ambitious goal of reaching 100 billion in sales by 2025 is supported by plans for offline penetration, capital operations, and alignment with government policies [18][19].