Our reporter Yuan Yuan

On October 10, Beijing time, Global Mofei Meta-Universe, a virtual technology company from Beijing, completed its IPO listing pricing at $5 / share on NASDAQ, with the stock code "GMM". The company was officially listed on the NASDAQ Stock Exchange on the 10th Eastern time. Global Mexico became the second Chinese company to successfully IPO in the United States since the official implementation of the new regulations filed by the China Securities Regulatory Commission on March 31 this year (note: This refers to the notice of filing by the China Securities Regulatory Commission after March 31, 2023 and successfully completed the IPO listing in the United States).
Global Mofei is a technology enterprise that takes virtual digital assets as its core and uses digital technologies to provide customized services for the metauniverse industry. The company has established various core advantages around virtual content production, digital marketing and digital asset development technology solutions for the metauniverse industry. The company is committed to establishing China's largest high-precision virtual digital asset property database, and jointly building a new generation of meta-universe digital world with upstream and downstream industry participants.
Technological innovation advantage unique application scenarios
According to Frost Sullivan's report, Global Murphy is one of the leading digital asset libraries in China, with more than 7,000 high-precision 3D digital assets. These digital assets have diversified application scenarios and can meet the needs of different industries and users. Whether in the fields of virtual reality games, digital marketing or education and training, Global Mexico offers a rich variety of digital assets to bring users a more immersive and personalized experience.
Through continuous technological innovation, Global Mofi continues to enhance its competitiveness in the metaverse field. Its independent research and development of unique & quot; MofyLab& quot; The technology platform integrates multiple underlying tool systems, which can convert people, objects and fields in the real world into universal digital assets in the virtual world, and help customers generate virtual content through the meta-universe editable middle desk function in a one-stop manner, empowering upstream and downstream enterprises in the meta-universe.
With its technological advantages, GMO can also provide enterprises with innovative digital marketing solutions through virtual reality, interactive experiences, virtual exhibitions, data analysis and personalized recommendations, virtual social and other ways to help enterprises enhance brand image, expand market influence and build closer interactive relationships with users.
The meta-universe market has huge potential and the industry changes are accelerating
At present, the global meta-universe industry is accelerating its evolution. The global metaverse market is expected to reach $1.5 trillion by 2030.
In terms of consumption metauniverse, Global Mofei can use the immersive virtual world experience of Metauniverse to provide richer and more innovative educational content and learning experience, and bring higher quality educational services to users. In terms of the industrial metauniverse, Global Mofi can interact and integrate with the real economy to provide solutions for digital transformation and upgrading of the real industry, thus promoting the development of the real economy. Recently, the National Ministry of Industry and Information Technology and other ministries jointly issued the "Meta-cosmic industry Innovation and Development three-year Action Plan (2023-2025)", put forward a clear strategy to promote the high-quality development of the meta-cosmic industry, Global Mexico and Africa as the governing unit of the industrial meta-cosmic collaborative development organization, actively respond to national policies, will promote the development of the action plan, contribute to the strength.
Financial performance is solid and late-stage results are well positioned
According to the information disclosed in the prospectus, in the three fiscal years ending September 30, 2022, Global Mexico's total operating revenue showed steady growth, respectively, of $5,042,500, $14,268,200 and $17,188,300. From the perspective of revenue growth, the company has maintained an annual growth rate of more than 20%, showing a stable performance.
Global Murphy's future goals also include maintaining and further developing business relationships with customers and potential players in the meta-universe industry. Over the years, the company has established a solid cooperative relationship with upstream and downstream enterprises in the industry. Its founding team has established close ties with China's leading meta-universe platforms such as Tencent and Alibaba. In addition, Global Mexico has established business relationships with content companies in different sectors of the industry, such as Youku, Perfect World, Wimi Hologram, etc.
According to the prospectus, in order to implement its business strategy, Global Mexico plans to acquire or cooperate with similar digital asset providers within 1-2 years after listing to expand its digital asset content.
With the continuous development of virtual technology and digital fields, the company is expected to further expand its market share through the US stock listing, and use the raised funds to invest more in technology research and development and market integration, in order to continue to improve its income and profitability, and set off a new round of explosive growth.