Wonderful Sky Financial Group Assists Newborn Town Inc. (Stock Code: 9911.HK) with the Successful Listing on HKEx
Newborn Town Inc. (Stock Code:9911) was successfully listed and commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”) today.
Newborn Town is a fast-growing mobile app developer and mobile advertising platform services provider based on AI technologies. They generate revenue mainly from the traffic monetization of their self-developed mobile apps and the provision of mobile advertising services to advertisers as an ad agency through the proprietary advertising platform.
In May 2013, Newborn Town launched the first mobile app Solo Launcher, which serves as a user interface for Android device users and was designed to provide a simpler and faster user experience with their devices. By 31 December 2018, it had achieved daily ranking No. 1 by downloads at least once in the “personalization apps” category of Google Play in 89 countries and regions such as France, Israel, Singapore and Brazil. Based on the popularity of Solo Launcher, they developed more mobile device utilities apps such as screen locker, antivirus and battery management apps. In 2017 they started to launch mobile apps in other categories such as media & entertainment, fitness and games, thereby forming an app matrix later named “Solo X”. By 30 June 2019, Newborn Town had attracted more than 796.8 million global users in terms of device ID to their apps cumulatively. Leveraging the app user base, they entered into the mobile advertising industry and built their own programmatic mobile advertising platform, later named “Solo Math”. The first module of Solo Math was launched in October 2014. Solo Math attracts and processes requests from advertisers and matches them with publishers to effect mobile advertising transactions through online procedures automated by computer programmes. They charge advertisers for traffic acquisition and pay publishers for publishing advertisers’ ads on their apps’ ad spaces. Newborn Town added different modules and functions to their Solo Math platform and enhanced its efficiency through AI technologies.
As the only major integrated financial communications company in the world that is listed on the HKEx, Wonderful Sky will continue to provide a "one-stop” and ten-in-one prime financial public relations services, including financial public relations, investor relations, international roadshows, financial printing , corporate branding, ESG report, asset management, corporate doctor, Compulsory and Commercial Insurance and headhunting program. “Your Success is Our Inspiration” is the motto of Company's Group, by which we strive to become the select partner of listed companies for the long term by offering customized and professional services to Company's clients.