002291Yowant TechnologySZSE

Guangdong Yowant Technology Group Co.,Ltd

遥望科技

002291

Shenzhen Stock Exchange

BoardMain Board of Shenzhen Stock Exchange
IndustryInternet and Other-related Services
ListedSeptember 3, 2009
Websitewww.st-sat.com
IR Emailzhengquan@st-sat.com
Phone(+86)0757-86256351
AddressRoom A101-A105, Building A, No. 2, Qing'an Road, Guicheng Subdistrict, Nanhai District, Foshan, Guangdong

Company Profile

The company is a new consumer service platform driven by technology, bringing together over a hundred celebrities and influencers to form a multi-level anchor matrix, promoting diversified monetization of live streaming, short videos, advertisements, and other products, achieving a closed-loop marketing ecosystem, and establishing a supply chain system with over ten thousand domestic and foreign brands, covering a full range of goods including beauty, clothing, local life, jewelry, food, and more. In 2023, the company continues to deepen its efforts in the live streaming e-commerce industry, continuously optimizing supply chain operations, anchor incubation, and traffic management, while actively exploring the rich possibilities of AI in the live streaming e-commerce field. The company is currently independently developing the "Yaowang Cloud AIOS" platform to improve the quality and efficiency of operation management. In terms of virtual digital live streaming technology and applications, the company reached a strategic cooperation with Xiaobing Company in May 2023, focusing on the joint research of technical products and data resource sharing, and launching comprehensive cooperation on the application of artificial intelligence in live streaming, short videos, new retail and other fields. As one of the key plans for the company's future development, the "Fuyao" project is based on a new type of commercial complex of "online+offline", integrating clothing industry chain resources, creating a clothing spot supply chain, and gathering national clothing anchors, institutions, designers, brands, etc. to settle in.

Full description

The company's main business is divided into two major sectors: information technology service business with mobile internet precision marketing as the core; Sales of fashion leather shoes from multiple brands, and wholesale and retail diversified fashion products. 1. Mobile Internet Services The mobile internet business is mainly carried out through the acquisition of Yaowang Network Company in 2019 and fashion new media companies Fashion Fengxun and Beijing Shixin in 2017. Yaowang Network mainly engages in digital marketing related businesses: internet advertising placement, internet advertising agency, and social e-commerce services. Yaowang Network establishes cooperative relationships with various internet traffic channels, gathers traffic resources, relies on excellent traffic resource integration ability, rich internet marketing experience, and strong marketing planning ability, and realizes traffic monetization through diversified advertising forms. The main business of Fashion Fengxun and Beijing Shixin is to provide marketing services to advertisers through fashion information platforms such as OnlyLady Women's Chronicles and Kimiss.com. 2. Multi brand fashion footwear business At present, the company has its own brands such as "ST&SAT", "D: FUSE", "SAFIYA" , "SATURDAY MODE", "FONDBERYL", etc. The company focuses on fashion as its core brand group and diversified product categories, segmented the market according to consumer needs to meet the demand of target consumer groups for fashion consumer goods. The brand collection store established by the company aims to create a new retail platform for fashion trends by selling a full range of fashion products such as shoes, bags, accessories, etc. from its own brand, agency brand, and third-party brand.

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