(Financial report, December 22, 2023) Chuancheng Global Co., Ltd., a cross-border e-commerce integrated service company headquartered in Japan, announced the completion of its initial public offering (IPO) of common stock. The company's common stock shares will be publicly traded on the Nasdaq Capital Market starting December 19, 2023 EST under the trading code “LGCB”. Without deducting underwriter discounts and issuance fees, the company's public offering raised a total of 6 million US dollars. Also, according to the over-allotment rights granted to the underwriter by Chuancheng Global, the underwriter can subscribe for up to 225,000 additional shares of common stock at the public offering price within 45 days of completion of the IPO, and complete the public offering on December 21.

This distribution is being carried out in the form of underwriting. Chuancheng Global plans to use the proceeds from this offering for technology research and development; further strengthen supply chain integration; expand talent; explore the Southeast Asian market; and general working capital.