| Market Capitalization (Millions $) |
326 |
| Shares
Outstanding (Millions) |
268 |
| Employees |
300 |
| Revenues (TTM) (Millions $) |
115 |
| Net Income (TTM) (Millions $) |
14 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
The company is a leading provider of intellectual development products in China that is dedicated to making the child-rearing experience easier for parents and transforming cognitive development into an enjoyable journey for children. With over two decades of experience in the parenthood industry, superior original content, advanced high-tech innovation DNA and research & development capabilities, the company empowers parents with tools to make the child-upbringing experience more efficient. Their unique, fun, and interactive product offerings stimulate childrenes natural curiosity and exploration. The company has built a trusted and well-recognized brand, as well as a massive and loyal user base throughout China, with innovative and high-quality products targeting both individual users and organizations.
The company offers time-tested offline products and others that encompass content for cognitive development in physical format, as well as smart devices that augment the effectiveness of their materials. Their intellectually stimulating materials serve both individual users and organizations, covering a broad variety of areas to develop childrenes abilities in speaking, critical thinking, independent reading and creativity, and foster their natural interest in traditional Chinese culture. The company's smart devices, designed to be used in tandem, further drive the effectiveness of their intellectually stimulating materials.
The company launched its online operations with the debut of their first interactive and self-directed app iHuman Chinese in 2016 and began to monetize this app in the second quarter of 2018. In late 2019, through a business combination under common control between their online operations and certain traditionally offline businesses of Hongen Education, they embarked on a new chapter of integrated development. The combination merged the decades-long operational experience and deep insights in Chinaes intellectual development sector from Hongen Education with their industry-leading technologies, innovative product development, and original content creation capabilities.
The company leverages their deep insights in Chinaes parenthood and intellectual development sectors and technological strength in content creation, entertainment, and animation to offer a variety of high-quality interactive and self-directed online apps and offline products covering various areas in rich formats, catering to the evolving and diversified needs of both individual users and organizations with respect to intellectual development. They have strong in-house content development expertise in intellectually stimulating materials, entertainment features, video and audio effects, as well as art designs. In addition, their products are imbued with the rich operational know-how and deep understanding of Chinaes parenthood and intellectual development sectors accumulated throughout the past decades, making their content highly compelling to their users. The company also selectively collaborates with leading global interactive content providers to jointly develop high-quality materials to further enhance their content origination capabilities.
The company consistently pioneers new products that capture new market opportunities generated by the latest technological breakthroughs, meeting the evolving user demands with respect to intellectual development. They deploy advanced intellectual stimulation and entertainment technologies, 3D engines, AI technologies, and big data analysis on childrenes behavior and psychology to provide superior user experience. Their proprietary technologies enable their products to offer a uniquely interactive and entertaining experience, inspiring childrenes intellectual curiosity and driving their engagement. The company also deploys advanced AI technologies that power various voice assessment tools, all to transform cognitive development into a fun journey for children. Leveraging their proprietary big data system, they are able to consistently refine and upgrade their products, as well as to intelligently recommend content to their users and continually improve user experience.
Company Address: Tower 306 Beijing 100101
Company Phone Number: 5780-6606 Stock Exchange / Ticker: NYSE IH
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