The predecessor of the company was Shanghai Hehe Information Technology Development Co., Ltd., which was established with the approval of the Yangpu Branch of the Shanghai Administration for Industry and Commerce on August 8, 2006. On September 28, 2023, it was approved by the China Securities Regulatory Commission's “Approval to Register the Initial Public Offering of Shares by Shanghai Hehe Information Technology Co., Ltd.” [Securities Regulatory License [2023] No. 2259]. The Company's shares will be listed and traded on the Shanghai Stock Exchange on September 26, 2024. The company is an artificial intelligence and big data technology enterprise. It provides digital and intelligent products and services for global C-end users and B-side customers in diverse industries based on leading intelligent text recognition and commercial big data core technology developed independently. The company's C-side business is mainly app products for individual users around the world, including the three main products of Scanning King, Business Card Omnipotent King, and Qi Xinbao; the company's B-side business provides enterprise customers with intelligent text recognition and commercial big data as the core services to meet customer needs such as cost reduction and efficiency, risk management, and business opportunity exploration, and help customers achieve digital and intelligent transformation and upgrading.