Our proprietary human capital management PaaS is developed based on patented, novel and advanced AI and machine-learning algorithms which are based on unparalleled access to big data assets that can derive actionable insights and knowledge for recruitment and other services such as training. In order to upgrade themselves with knowledge in human resources and basic labor law and financial skills, users on our platform are able to receive trainings and obtain the Certified Career Resources Planner Certificate, or CCRP Certificate, which will certify the user’s possession of fundamental knowledge in human resources, labor law and finance.

*Note: Net income and revenue are in U.S. dollars for the 12 months that ended June 30, 2023.

(Note: Lucas GC Limited upsized its IPO at pricing on March 4, 2024, to 1.5 million shares – up from 1.25 million shares – and priced the IPO at $4.00 – the low end of its $4.00-to-$6.00 range – to raise $6.0 million.)

(Note: In an F-1/A filing dated Feb. 15, 2024, Lucas GC Limited cut the size of its IPO by 68.8 percent to 1.25 million shares – down from 3.07 million shares – and cut the price range to $4.00 to $6.00 – down from $6.00 to $7.00 – to raise $6.25 million – down sharply from its previously estimated IPO proceeds of $20.0 million. Lucas GC Limited also disclosed that it has changed its sole book-runner to Joseph Gunnar & Co., replacing joint book-runners Prime Number Capital and JonesTrading.)

(Note: In an F-1/A filing dated Oct. 27, 2023, Lucas GC Limited updated its financial statements for the period that ended June 30, 2023.)

(Note: Lucas GC Limited increased the size of its IPO, changed underwriters and updated its financial statements to include the year ended Dec. 31, 2022, in an F-1/A filing dated May 31, 2023: The IPO’s size was increased to 3.07 million shares – up from 750,000 shares – and the price range was cut to $6.00 to $7.00 – down from $8.00 to $9.00 – to raise $20.0 million. The new estimated IPO proceeds of $20.0 million represent an increase of 213.5 percent from the previous estimate of $6.38 million under the IPO’s original terms. Prime Number Capital was named the new book-runner, replacing The Benchmark Company and Valuable Capital.)

(Background:  Lucas GC Limited filed an  F-1/A dated March 22, 2023, in which it disclosed terms for its micro-cap IPO: 750,000 shares at $8.00 to $9.00 to raise $6.38 million ($6,375,000). The stock in the IPO will be offered by the Cayman Islands-incorporated holding company and not by the underlying business in China. Lucas GC Limited filed its F-1 on Feb. 28, 2023; it had submitted confidential IPO documents to the SEC on Nov. 21, 2022.)