04/03 2025
512
In the spring of 2025, China is accelerating its AI development with top-level design. Since the "AI+" initiative was first incorporated into the government work report in 2024, the 2025 government work report has reaffirmed its commitment to continuously advance this strategy, aiming to deeply integrate AI with manufacturing and leverage market size advantages. QuantGroup, a pioneer in vertical AI, has recently submitted an IPO application to the Hong Kong Stock Exchange, with CICC and CITIC Securities serving as joint sponsors.
Founded in 2014, QuantGroup is a provider of precision matching solutions, empowering partners through its technology, proprietary websites, and applications. As early as 2021, the company embarked on researching and developing the "Liangxingqiu" AI technology platform. This platform offers flexible and scalable customized solutions to business partners of varying sizes, enabling tailored empowerment. This approach allows QuantGroup to more effectively and precisely address customer needs when delivering digital solutions, thereby securing broad market recognition.
In recent years, QuantGroup has swiftly expanded its network of business partners and customer base due to its robust technical prowess, resulting in a steady increase in market share. Between 2021 and 2023, the number of business partners surged from 214 to 2529, reaching 2628 by June 30, 2024. The company maintains over 51.8 million registered end customers through its proprietary quantitative empowerment applications. In the first half of 2024, the transaction value facilitated through these applications amounted to 2.9 billion yuan, compared to 4.9 billion yuan for the full year of 2023.
Among its offerings, QuantGroup's "Consumption Map" business effectively boosts local economic development by distributing consumption vouchers, subsidies, and merchant benefits. This not only drives increased traffic and sales for merchants but also offers consumers more discounts and convenience. The success of this innovative business model has undeniably brought new growth avenues for QuantGroup and further solidified its leadership position in the digital solutions field.
QuantGroup's decision to go public amidst the AI policy dividend period aptly captures the momentum of the integration between the digital economy and the real economy. Leveraging the customized empowerment system built on the "Liangxingqiu" AI technology platform, the company has not only achieved exponential growth in its business partner and customer base but has also validated the efficacy of its business model through innovative applications like the "Consumption Map." From 214 partners in 2021 to 2628 in 2024, and from an annual transaction value of 4.9 billion yuan to a robust performance of 2.9 billion yuan in just half a year, QuantGroup has demonstrated the robust vitality of its "technology + scenario" dual-wheel drive strategy with compelling data.