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Global Internet of People Priced, Nasdaq: SDH

Online peer-to-peer knowledge sharing and enterprise service platform in China.

Industry: Technology

Latest Trade: $0.92 -1.24 (-57.2%)

First Day Return: +33.0%

Return from IPO: -46.0%

Industry: Technology

We started our operation as a consulting company providing enterprise services to small and medium-sized enterprises in the PRC in December 2014, and launched our peer-to-peer knowledge sharing and enterprise service platform in May 2016. Since then, we have continued to expand and improve our platform, where knowledge is shared, and services are requested and provided. We operate our platform through our PRC operating entity, SDH and its subsidiaries, both online, via our mobile application, and offline, through local offices directly operated by us in Beijing, Shanghai and Hangzhou, as well as 33 local centers operated by some of our Members in 25 cities and twelve provinces throughout the PRC. Our mission is to become a leading knowledge sharing and enterprise service platform in China. According to the PRC National Bureau of Statistics, through the last two decades, the Chinese economy had maintained a growth rate of around 10% for a long period until 2016, then entered an adjustment period with slower growth rate of about 7.5% between 2014 and 2016, but was back to around 10% in 2017. A generally fast-growing economy and positive market environment have created many entrepreneurial and high-growth enterprises, many of which need corporate services such as financial consulting and management training. Likewise, as a result of China’s economic expansion, the Chinese population saw large increases of personal wealth. Previously, our platform focused on providing enterprise services to enterprises and entrepreneurs, but we are actively expanding our service to individuals and families that seek advice and services relating to health, beauty, travel, fashion, housing, etc.
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IPO Data
IPO File Date 09/13/2019
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 6.7
Deal Size ($mm) $27
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/09/2021
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 6.7
Deal Size ($mm) $27
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
ViewTrade
National Securities
Company Data
Headquarters Beijing, China
Founded 2014
Employees 105
Website www.huataiyihe.com

Global Internet of People (SDH) Performance