Core Viewpoint - TryHard Holdings (THH.US) experienced a strong debut on the stock market, closing up 50.50% at $6.02 after an initial public offering (IPO) priced at $4 per share, raising $6 million [1] Company Overview - TryHard Holdings specializes in providing event planning services, event consulting and management, and venue leasing, while also owning and operating restaurants in Japan [1] - The company organizes major events such as music festivals, fireworks and sky lantern festivals, camping festivals, and cultural exhibitions aimed at foreign tourists [1] - TryHard Holdings operates 16 nightclubs across various locations in Japan [1] IPO Details - The company issued 1.5 million shares, with 30% being a secondary offering, and the IPO price was at the lower end of the $4 to $5 pricing range [1] - The listing took place on the NASDAQ, with US Tiger Securities serving as the sole bookrunner for the transaction [1]

Core Viewpoint - TryHard Holdings (THH.US) experienced a strong debut on the Nasdaq, closing up 50.50% at $6.02 after an initial public offering (IPO) priced at $4 per share, raising $6 million [1] Company Overview - TryHard Holdings specializes in providing event planning services, event consulting and management, and venue leasing, while also operating restaurants in Japan [1] - The company organizes major events such as music festivals, fireworks and sky lantern festivals, camping festivals, and cultural showcases aimed at foreign tourists [1] - TryHard Holdings operates 16 nightclubs across various locations in Japan [1] IPO Details - The company issued 1.5 million shares, with 30% of the offering being a secondary issuance, and the IPO price was at the lower end of the $4 to $5 pricing range [1] - US Tiger Securities acted as the sole bookrunner for the transaction [1]

Core Insights - The event planning industry in China is experiencing significant growth, driven by increasing demand from various sectors including government, enterprises, and individuals, with a projected market size of 3460.79 billion yuan in 2024, reflecting an 8.23% year-on-year growth [1][3][8]. Industry Overview - Event planning is defined as a systematic process of designing and executing themed events to achieve specific goals such as brand promotion and user interaction [1][6]. - The industry is supported by a diverse supply chain that includes venues, equipment providers, and human resources, while the demand side consists of corporate clients, government entities, and individual customers [3][6]. Market Dynamics - The number of registered enterprises in China reached 60.87 million by November 2024, marking a 5.4% increase year-on-year, which provides a broad growth opportunity for the event planning industry [3]. - The market is characterized by intense competition, with many small-scale companies and the entry of firms from related sectors such as advertising and entertainment [4]. Market Segmentation - The market is segmented into offline and online event planning, with offline activities accounting for approximately 60.34% and online activities for about 39.66% of the total market size in 2024 [8]. Future Trends - The integration of big data and smart analysis technologies is expected to enhance event planning processes, allowing for better prediction of trends and audience needs [4]. - Virtual and augmented reality technologies are anticipated to create innovative event experiences, particularly in exhibitions and educational training [4].