On June 21, "Zhiou Technology," an investee company of Jiaoyu Capital—the sub-fund backed by the mother fund managed by Yuanhe Chencun—was listed on the ChiNext Board, with stock code: 301376.

Founded in 2010, Zhiou Technology specializes in the cross-border e-commerce industry, focusing primarily on the research, design, and sales of its own-brand home products. Its product portfolio includes categories such as furniture, home essentials, outdoor garden items, and pet products. As a globally recognized online home goods brand, Zhiou Technology boasts three flagship private labels: SONGMICS, VASAGLE, and FEANDREA. Notably, both SONGMICS and VASAGLE were named among Amazon's Top 100 Chinese Export Brands for Cross-Border E-commerce in 2019.

In terms of product philosophy, ZOE Technology centers around three core attributes: "value for money," "variety across all home scenarios," and "stylish design," aiming to become an online, one-stop home furnishing brand that rivals IKEA. Grounded in independent R&D, ZOE has established design and innovation hubs in Zhengzhou, Los Angeles, and Shenzhen, attracting top global design talent to continuously refresh its product lineup. To date, the company has accumulated over 460 global patents and has earned more than 40 prestigious international design awards, including the Red Dot Award and iF Design Award, driving relentless innovation in its product offerings. As of the end of 2022, ZOE Technology’s product portfolio spans 303 distinct categories, with 3,335 unique SKUs, serving over 20 million households worldwide and reaching customers across more than 60 countries and regions.

In terms of its supply chain, Zio Technology has established a comprehensive cross-border logistics service system that connects domestic factories directly to overseas end consumers. Leveraging a cross-border warehousing and logistics network featuring "self-operated warehouses both domestically and internationally, platform-managed warehouses, and collaboratively managed third-party warehouses," the company now boasts over 280,000 square meters of self-owned storage facilities and partnerships with hundreds of global suppliers. On the sales front, Zio Technology primarily relies on well-known international e-commerce platforms such as Amazon, ManoMano, Cdiscount, and eBay as its main distribution channels, reaching customers across key markets including Europe, North America, Japan, and other regions. Meanwhile, in terms of digital operations, Zio Technology has fully embraced data visualization, business digitalization, and intelligent commerce solutions, significantly enhancing the efficiency of its internal systems and enabling it to deliver superior service to customers worldwide.

The funds raised from this IPO will be primarily allocated to the construction project of Zio Technology's R&D and Design Center, the expansion of its warehousing and logistics system, the construction of the Zhengzhou Headquarters Operations Management Center, and the replenishment of working capital.