Provides cloud software and tailored business applications that help retail brands manage customer relationships, product distribution, and online sales.
20-F for FY2025, filed Jan 28, 2026We are a SaaS and PaaS provider committed to helping retail enterprises digitally transforming their businesses to develop, use and control…View ↗
Currently, we have developed one of the few PaaS platforms in Mainland China that can build complex external digital applications…View ↗
We believe our company is uniquely positioned to meet these needs for mid-tier brands in Mainland China. We specialize in supporting…View ↗
Customers pay for customized customer-management and cloud-connection services under contracts; add-on functions are charged when delivered. Subscription fees are generally collected upfront, while payment-channel fees are based on transactions and billed monthly.
20-F for FY2025, filed Jan 28, 2026The Company provides customized CRM system development services and cloud-based connectivity to its customers with tailored functionalities…View ↗
For the revenue of the additional function development based on the completed customized CRM system, the revenue is recognized at a point…View ↗
Since its second year of development, the Company also derives subscription revenues from providing cloud-based connectivity platform…View ↗
This revenue stream is mainly derived from payment channel services the Company enables the user to make with payment services through its…View ↗
$539.5K
20-F for FY2025, filed Jan 28, 2026
$539.5K ↗
Mid-tier retail brands, particularly in consumer goods, cosmetics, and food and drink, buy its services; sales are mainly direct, with some through third-party agents.
20-F for FY2025, filed Jan 28, 2026
20-F for FY2025, filed Jan 28, 2026
Years Ended September 30, 2025 2024 2023 Amount % Amount % Amount % Customer Customer B $ 208,531 39 % $ 134,551 26 % $ 147,268 16 %…View ↗
No. It lost $9.6M in FY2025.
20-F for FY2025, filed Jan 28, 2026
Shrinking. Revenue fell 58% in 3 years, from $1.3M in FY2022 to $539.5K in FY2025, about 25% a year.
Competes with Yongyou, Xuanwu Cloud, Force.com, ClickPaas, Mingdao Cloud, and Youzan
20-F for FY2025, filed Jan 28, 2026In China, our competitors for our PaaS platforms include Yongyou (“用友”) and Xuanwu Cloud (“玄武云”). With respect to our SaaS products, our…View ↗
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