About INGDAN Company

Hard Egg Innovation (previously known as Ketong Xincheng Group) (stock code: 400.HK) is a technology service platform company (iPaaS) serving the global chip industry and the smart hardware AIoT ecosystem. The Group's business consists of a technology service platform for the chip industry and a platform for smart hardware AIoT technology and services from Hard Egg Technology (“Hard Egg Technology”). It serves the entire AIoT “core to end to cloud” industry chain of intelligent hardware, thereby providing customers with technology integration solutions, marketing solutions and distribution services. Kecom Technology mainly provides IC chip distribution and application design for domestic electronics manufacturers. Hard Egg Technology mainly focuses on the development and sale of its own brand AIoT smart hardware products, as well as data services for AIoT smart hardware products of the “Hard Egg Cloud”. The chip market continues to expand rapidly. IC Insights, Inc. expects total global chip sales to grow 11% in 2022 to reach a record $567.1 billion, and chip demand is expected to continue to grow strongly. “Kecom Technology” is a technical service platform for the chip industry, providing IC chip distribution and application plan design, covering more than 50% of the world's high-end chip suppliers and connecting many top domestic chip companies, serving more than 100 upstream global high-end chip suppliers and tens of thousands of downstream electronics manufacturers. With the popularization of 5G and the support of national policies, chip demand will continue to rise, helping the chip business maintain a steady growth trend. “Hard Egg Technology” mainly focuses on the development and sales of its own brand AIoT smart hardware products, as well as data services for AIoT smart hardware products of “Hard Egg Cloud”. By tailoring complete application plans and products for AIoT smart hardware for customers, the output includes a series of products such as Hongmeng smart batteries, smart screens, and intelligent communication modules, and the “hard egg cloud” is used to collect, manage and analyze AIoT products, forming a “AIoT product-data-analysis” cycle pattern to further develop AIoT data to empower the business. 5G and AI technology drive the intelligent transformation of the industry and continue to deepen application scenarios, making the AIoT industry one of the mainstream of global technological development. At the same time, it also spawns the need to integrate iPaaS (Integration Platform as a Service) with different technologies to achieve intelligent transformation, while iPaaS platform services make AIoT smart hardware product design and application more automated and data sharing across applications easier. According to the Verified Market Research report, the iPaaS market is estimated to be worth 23.7 billion US dollars in 2028, with a compound annual growth rate of 37.2% from 2021 to 2028. In order to further develop the iPaaS market, the iPaaS platform launched by “Hard Egg Technology” mainly provides iPaaS services such as technology integration solutions and marketing plans to core technology vendors in the AIoT core-end cloud industry chain, and actively lays out the five major AIoT smart hardware fields of the Internet of Vehicles, Smart Home, Robotics, Intelligent Manufacturing, and Smart Medicine. In addition to designing and selling AIoT smart hardware products, Hard Egg Technology's iPaaS platform also collects, manages and analyzes data on various types of smart hardware through the “Hard Egg Cloud”. In the era of huge amounts of data, the amount of global data forecast is increasing year by year, and it is estimated that the amount of data in 2025 will reach 175 ZB, which is equivalent to the total amount of data in the ten years from 2010 to 2020. “Hard Egg Technology” will continue to make full use of the already huge AIoT core-end cloud industry ecosystem, vigorously develop the “Hard Egg Cloud” AIoT smart hardware product data service, build an AIoT data cloud company, and achieve long-term growth in the Group's business.