About MAIYUE TECH Company

We are a comprehensive IT solution service provider with over 20 years of operating history in the education and government information technology market in Guangxi. We mainly focus on providing customized comprehensive IT solution services to customers in the education sector (mainly offline formal public education institutions) to promote the development of smart campuses. In particular, we aim to use product and service technology to help educational institutions open up and connect various departments, functions and facilities on a single platform to integrate and utilize multi-source data, thereby improving the overall experience and teaching effectiveness of the campus. Throughout our operating history, we believe we have accumulated rich knowledge and experience in the education information technology market. In 2018, using relevant experience and due to the implementation of favorable policies and regulations by the Chinese government, business opportunities emerged in the government information technology market. By replicating the business model in the education sector, we promoted the customized comprehensive IT solution services we provide to government customers to help the smart government development of government customers. For the year ended December 31, 2020, 2021, and for the four months ended April 30, 2023, our revenue from providing services to customers in the education sector accounted for 82.8%, 57.2%, 81.3% and 83.8% of our total revenue, respectively; and revenue from our services to government customers accounted for 11.5%, 31.6%, 3.7%, and 2.4% of our total revenue, respectively. We believe that expansion into the government sector is a diversified development of business operations. Therefore, in the future, we plan to continue to focus our strategy on providing customized comprehensive IT solution services to customers in the education sector, and will also pursue diversified business development by providing customized comprehensive IT solution services to government customers when any appropriate business opportunities arise.