On May 25, "Yidianyun," a portfolio company backed by Yuanchen Kun-managed fund-of-funds and invested in by Source Code Capital, was listed on the Hong Kong Stock Exchange under the stock code: 2416.HK.

Founded in 2014, Yidianyun is a leading comprehensive provider of office IT solutions in China. Since its establishment, the company has innovatively adopted a circular subscription model to offer SMEs a one-stop, reliable, and flexible range of office IT management services—such as rent-free equipment usage, IT support, and SaaS software development—helping businesses achieve asset-light operations in their office IT infrastructure. Headquartered in Beijing, Yidianyun has expanded its presence by establishing branches in eight major cities: Shanghai, Shenzhen, Chengdu, Guangzhou, Suzhou, Hangzhou, Hefei, and Wuhan.

Since 2014, the company has addressed critical challenges faced by SMEs, such as high costs in IT equipment procurement, difficulties in device maintenance, and inconsistent quality among IT vendors. In response, it creatively introduced innovative services tailored specifically for SMEs: "IT equipment available from just one unit, monthly payments with no deposit required, flexible pay-as-you-go options, comprehensive full-service warranties, and rapid on-site support." Building on this foundation, the company leveraged over 120 proprietary patented technologies developed in-house to establish a state-of-the-art IT remanufacturing facility that ranks among the industry’s leading facilities—both nationally and globally. This cutting-edge facility has extended the lifespan of IT equipment from the typical 3 years to an impressive 7–10 years, enabling large-scale remanufacturing operations. As a result, IT equipment can now be efficiently repurposed across various industries and regions, facilitating on-demand circulation and significantly reducing carbon emissions by up to 50,000 tons annually. Additionally, the company’s core technology-driven Star Cloud System enables real-time dispatching of more than 3,000 engineers across over 100 cities nationwide, ensuring that expert support reaches customers’ locations within as little as 2 hours—delivering solutions to IT equipment issues nearly 10 times faster than traditional repair services.

As of today, Yidianyun has deployed 1,115,468 units of service equipment nationwide and serves 43,313 enterprise customers, including companies such as Baidu, Tencent, China Merchants Bank, Country Garden, Li Auto, Yuanqi Forest, and Zhihu.

As a leading IT service company in the industry, Yidianyun has firmly established itself at the top of the sector thanks to its cutting-edge technological advantages and exceptional service quality. Moving forward, it will continue to strengthen its efforts, serving more SMEs and delivering even higher-quality IT products and services.