Core Insights - Hangzhou Sichuang Network Technology Co., Ltd. has successfully completed a Series A financing round of 30 million RMB, led by Guan Feng Business Speed Link Yuehai Investment (Shenzhen) Partnership [1][4] - The funding will enhance Sichuang Technology's local merchant operation services, accelerate technology research and development, and expand market reach [1][4] Company Overview - Sichuang Technology was established in 2020, focusing on providing professional and efficient one-stop operational solutions for small and medium-sized merchants in the local life sector [4] - The founding team has extensive industry experience, previously being part of the top service provider in the domestic local life service sector [4] - The company aims to empower merchants through digital tools, refined operational strategies, and comprehensive marketing resource integration, significantly improving operational efficiency and brand influence [4] Business Performance - Sichuang Technology has rapidly expanded its business footprint, currently serving over 500 cities nationwide [4] - The company has achieved an impressive average monthly GMV exceeding 600 million RMB, validating its business model and market acceptance [4] Use of Funds - The Series A funding will be allocated to three main areas: 1. Upgrading technical capabilities by investing in R&D to optimize the intelligent operation platform, data analysis systems, and SaaS tools [4] 2. Deepening the service system by expanding service categories and providing more customized, lifecycle operational support for merchants [4] 3. Increasing market penetration by enhancing the service network in core cities and accelerating expansion into emerging markets [4] Market Outlook - Guan Feng Business Speed Link Yuehai Investment expresses strong confidence in the potential of China's local life service market and the inevitable trend of digital upgrades [5] - The investment reflects confidence in Sichuang Technology's business model, growth prospects, and management team [6] - The founder of Sichuang Technology views this financing round as a significant milestone, emphasizing a commitment to merchant success and continuous product and service improvement [6]