According to the disclosure on November 18th by the Hong Kong Stock Exchange, Suzhou ULOISI Shared Services Co., Ltd. (referred to as ULOISI Group) has submitted its listing application to the main board of the Hong Kong Stock Exchange, with China Securities Co.,Ltd. International as its exclusive sponsor.

The prospectus shows that YouLeSai Group is a leading integrated circular packaging service provider in china, mainly focusing on providing services to auto parts manufacturers and OEMs in the autos industry. The company's comprehensive services include two main divisions: integrated container management, covering shared operation services (managing the entire container operation process from design to recycling through the company's digital capabilities and extensive operation network) as well as rental & leasing services and other value-added services; and container sales (providing containers tailored to meet customers' different needs). According to Frost & Sullivan, based on the 2023 revenue, the company is the largest service provider in the autos field in china for shared operation services across all industries and the shared operation services industry.

As of June 30, 2024, with the support of 70 CMCs, YouLeSai Group manages an asset pool of over 1.2 million circular containers and operates 944 circular routes, covering 97 cities. With the combined effect of the asset pool and extensive logistics network, the company is able to meet the ever-changing demands of customers.

In addition, as of June 30, 2024, YouLeSai Group has expanded its business overseas, with two international circular routes in india and south korea, and international partners covering East Asia, Europe, North America, and other regions. The company has also established subsidiaries in Hong Kong and Thailand to support international expansion.

The downstream industry's demand for digitalization is driving upstream suppliers to undergo digital transformation, especially in the autos industry. Therefore, the global shared operation services market continues to expand. According to Frost & Sullivan, based on revenue, the global shared operation services market size has increased from RMB 105.6 billion in 2019 to RMB 156.6 billion in 2023, with a compound annual growth rate of 10.4%. It is expected to reach RMB 269.4 billion in 2028, with a compound annual growth rate of 11.7% from 2024 to 2028.

Financially, as of the six months ended June 30 in 2021, 2022, 2023, and 2024, YouLeSai Group's revenues were approximately RMB 0.509 billion, RMB 0.648 billion, RMB 0.794 billion, and RMB 0.383 billion respectively. During the same periods, the company achieved annual profits of RMB 28.451 million, RMB 31.201 million, RMB 64.149 million, and RMB 25.951 million respectively.