On June 6, Futu News reported that $EASOU TECH (02550.HK)$Today's dark pool opened high, closed up 43.10% at HK$8.3, with a turnover of HK$3.0747 million and a market value of HK$2.73 billion. Each lot contains 500 shares, without considering handling fees, and earns HK$1,250 per lot.
Market source: Futu Securities >
Investment highlights
Focus on technological innovation: Yisou Technology Company is a technology-driven mobile internet company, focusing on the research and application of artificial intelligence recommendation technology. According to Enfodesk, the company was founded in 2005 and is one of the earliest companies in China to engage in the research and application of artificial intelligence recommendation technology. After ten years of continuous research and development, the company has successfully developed a set of proprietary and comprehensive smart recommendation engine systems, which have in-depth understanding of core technical difficulties and industry development needs, and have established intellectual property and proprietary technological systems and knowledge based on this technology, ensuring the company's core competitiveness. As of December 31, 2023, the system has a total of 7 invention patents, 12 registered software copyrights, and 17 proprietary technologies.
Leading market position: Yisou Technology Company operates the largest third-party digital reading platform and the fifth largest digital reading application in China. According to Enfodesk, in terms of revenue and average monthly active users, the Yisou Novel App is the largest third-party digital reading platform in China in 2023. The Yisou Novel App ranks among the top five in the digital reading industry's applications, especially ranking fifth in the industry in 2023. The Yisou series reading apps have a rich and regularly updated digital content library, which includes about 190,000 e-books as of December 31, 2023. In addition, as a content distribution platform, the company has cooperated with more than 150 content providers to promote their digital literary content using the Yisou recommendation engine.
Risk warning
Yisou Technology Company's business depends heavily on the technical capabilities of its Yisou recommendation engine, which is responsible for analyzing and predicting user behavior and preferences and recommending suitable digital content to users. If the Yisou recommendation engine cannot maintain its lead over competitors or cannot adapt to new application scenarios, the company may face the risk of reduced user traffic and thereby affect revenue.
As a third-party intelligent recommendation platform, Yisou Technology Company does not produce any of its own digital content, but instead relies on third-party content providers. The content recommended to users by the company mainly comes from third-party providers of digital reading, online games, and other digital content. If the company cannot timely or simply cannot access high-quality or comprehensive content, or if third-party content providers breach their responsibilities, the company may lose some of its user base, thereby having a significant adverse impact on its business growth and prospects.
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Editor/Lily