Lichen China Ltd.

General Information
Business:

We are a leading financial and taxation service provider in China in terms of revenue, according to the industry report of Frost & Sullivan. (Incorporated in the Cayman Islands)

We have operated as a dedicated financial and taxation solution service specialist in China for over 17 years. We focus on providing (i) financial and taxation solution services; (ii) education support services; and (iii) software and maintenance services in the People’s Republic of China (PRC) under the “Lichen” brand. With over 17 years of operation history, we have gained substantial experience and established a solid reputation with our proven track record in the PRC.

We launched a new business line of software and maintenance services in 2019 to expand our software product offerings to enterprise customers, universities, colleges and educational institutes and have started to generate revenue from provision of such services since then.

From 2012 to 2020, we have been recognized as one of the Top 50 Providers of Management Consulting Services in China for eight consecutive years by the China Enterprise Confederation Management Advisory Committee.

Note: Revenue and net income are in U.S. dollars for the year ended Dec. 31, 2021.

(Note: Lichen China’s IPO has been delayed; the pricing had been expected during the week of Sept. 19, 2022, for a trade date likely on Friday, Sept. 23, or Monday, Sept. 26, 2022. The deal’s timing is now TBA.)

Industry: Financial, taxation service & management consulting services
Employees: 390
Founded: 2004
Contact Information
Address B2306, Block B Tower 3, Jinjiang Wanda Plaza Commercial Complex 888 Century Avenue Meiling Street, Jinjiang Fujian Province People’s Republic of China 362000
Phone Number +86- 59585633335
Web Address http://www.lichenzx.com/
View Prospectus: Lichen China Ltd.
Financial Information
Market Cap $79.0mil
Revenues $34.3 mil (last 12 months)
Net Income $8.46 mil (last 12 months)
IPO Profile
Symbol LICN
Exchange NASDAQ
Shares (millions): 6.3
Price range $4.00 - $4.00
Est. $ Volume $25.0 mil
Manager / Joint Managers Univest Securities
CO-Managers
Expected To Trade: 9/19/2022
Status: Postponed
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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