Beijing, April 23, 2024. Yuexiang Holdings Co., Ltd. (NASDAQ: CHR) announced today that its subsidiary Yaoshi Xinghui (Beijing) Media Co., Ltd. has been recognized as an innovative SME by the Beijing Municipal Bureau of Economy and Information Technology.
Innovative SMEs refer to enterprises with core technology and well-known brands that are dominated by technological innovation, have independent intellectual property rights, and have influence in industry segments. They can form continuous innovation capabilities in technology, services, brands, systems, organization, management, culture, etc., and have a high level of specialization, strong market competitiveness and development capabilities, and are representative of a new quality of productivity. New quality productivity is an advanced productivity quality where innovation plays a leading role, breaks away from traditional economic growth methods and productivity development paths, has the characteristics of high technology, high efficiency, and high quality, and conforms to the new development concept.
Yaoshi Xinghui (Beijing) Media Co., Ltd. will further enhance new quality productivity. With the support of relevant national industrial policies, it will continue to innovate and develop high-quality lifestyle ecosystems and multi-dimensional platform mutual entertainment clusters to achieve higher quality development with high-quality content communication power, traffic aggregation effects, and all-media platform resource advantages.
About Pleasure Holdings
A domestic next-generation mobile Internet infrastructure and platform service provider, focuses on building a digital economy ecosystem integrating “platform+application+technology+industry”, providing the market with multiple application scenario platforms including “online+offline” and “virtual+reality”, and is committed to building a new Web3.0 open business system and application. Enjoy has become an important participant in promoting the innovation and development of mobile Internet.
The company has a variety of application scenarios, products and services, such as Beichen Xingyue Smart Cloud, Yuelingxi AI Creation Platform, Happy Open Platform, Enjoy Family Life, Happy Shopping, Happy Chat, Enjoy Fresh Group Purchases, Leisure Mini Games, Happy Series Program Clusters, Original IP Short Video Matrix, Online Variety, Premium Series, PGC Live Streaming, Live Delivery, and Series IP Entertainment.
Combining a high-quality lifestyle ecosystem, multi-dimensional driving platform interactive entertainment clusters, and efficient commercial monetization channels and capabilities, it is an innovative leader in the next-generation mobile Internet digital economy in China with high-quality content transmission power, traffic aggregation effects, all-media platform resource advantages, and efficient commercial monetization channels and capabilities.
As a national high-tech, specialized, and high-tech enterprise in Zhongguancun, it has many national invention patents and software copyrights. It enjoys adhering to technological innovation, platform innovation, and content innovation, and will always adhere to technology-driven sustainable large-scale company development and industrial layout.
The company was listed on the US NASDAQ Stock Exchange in February 2020. The NASDAQ stock code is CHR.US, and the stock abbreviation is “Enjoy Holdings”.