Group 1 - The company is a leading B2B enterprise in the electronic components sector, focusing on R&D, production, and procurement of small-batch electronic components. Revenue projections for 2022-2024 are 4.333 billion, 2.637 billion, and 2.577 billion CNY, with year-on-year growth rates of 12.97%, -39.14%, and -2.27% respectively. Net profit for the same years is projected at 136 million, 79 million, and 88 million CNY, with growth rates of -15.86%, -42.04%, and 12.29% respectively. In the first half of 2025, revenue reached 1.44 billion CNY, a year-on-year increase of 17.82%, while net profit was 54 million CNY, up 40.65% [1] - The market for electronic component distribution in China is rapidly growing, with a low market share concentration among leading companies. As of 2021, the top three and top ten distributors held less than 5% and 10% market share respectively. The domestic market size has grown from 1.2 trillion CNY in 2015 to 1.85 trillion CNY in 2022 [1] Group 2 - The company has demonstrated strong technological innovation capabilities, holding 17 invention patents and 255 software copyrights. Collaborations with teams from Shanghai Jiao Tong University have resulted in publications in various scientific journals. The company has developed a SaaS software called HiBOM, which efficiently parses different types of BOM files with an accuracy rate exceeding 90% and a parsing time of under 300ms [2] Group 3 - The company has established a strong brand image through partnerships with over 4,200 suppliers and data collaborations with more than 2,500 suppliers. It offers 27.9924 million SKUs daily, covering various downstream applications such as mobile communications, consumer electronics, and automotive electronics. The registered user base exceeds 696,500, with over 158,900 enterprise customers from diverse industries. In 2020, the company was awarded "Annual Excellence in Electronic Industry Internet Enterprise" by ASPENCORE, being the only innovative enterprise in the electronic components sector recognized for its online marketplace operations [3]