Chinese shared workspace provider: Building DreamStar Tech (BDS)

Building DreamStar Technology (NASDAQ: BDS) was founded in 2016, Headquartered in China Shenzhen, with 316 full-time employees, is a company that provides flexible shared office space in China and an industry flagship brand integrating shared office, incubation and accelerated services.

The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/bds.html

Building DreamStar Technology (BDS)

Dream Star Technology Co., Ltd. is a comprehensive joint workspace operator in China. As of June 30, 2020, the company ranked second among all cooperative office space operators in China and fifth in the number of cooperative office space in operation. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/bds.html

Another Chinese shared office service provider, Ucommune International (Youke Workshop, NASDAQ: UK), initially planned to carry out the traditional IPO And passed in November 2020 SPAC merger Listing. The latest closing price of Youke Factory was 66% lower than the issuing price of $10 and was $3.37, 61% lower than the price of de SPAC. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/bds.html

According to the data, on January 18, 2016, Shenzhen Dream Star Technology Co., Ltd. was officially established with a registered capital of 105.80625 million yuan. According to the official website, Dream Star is committed to building an ecological layout integrating incubation, venture capital and sharing, focusing on life sciences With the big health, intelligent manufacturing, new materials, enterprise services, big consumption, Internet+, scientific and technological innovation, new economy unicorn National strategic emerging industries and other fields. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/bds.html

Specifically, Dream Star owns 5 brands, including Dream Star Accelerator, Unicorn IPO Accelerator, Future Space, IDH · Chuangzhangu, Blue Ocean Space and Dongfang Shengding. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/bds.html

As of June 30, 2020, Dream Star has entered more than 20 cities, including Shenzhen, Beijing and Shanghai. From the perspective of layout logic, the top 20 cities in terms of GDP are basically centered, with first tier cities as the main and second tier cities as the auxiliary. At present, Dream Star has an operating area of 300000+m ², more than 60 high standard shared office communities and more than 3000 enterprises, including Huawei 、 Didi Travel , Country Garden, Huaxing Capital, Western Securities, Debang Securities, Western Trust, Jinrui Futures, China Resources Textile, Pacific Insurance, Ape Counseling, XRS, Operation Box, Yiche, Leyan Technology, Yushi Technology, OYO hotel , Hengxin power , Zhongyun Horse Industry, Dewei, Meixin Union, Fuji Xerox, Wyeth Nutrition, Exploring, Finding a House, First Roadshow, Dongfang Shengding Venture Capital, Shengjing Gene, etc. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/bds.html

In the 12 months ended June 30, 2020, Dream Star achieved revenue of $27 million. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/bds.html

By the end of 2021, the number of cities covered by Dream Star shared office space operators in China ranked second, and the number of shared office space operators ranked fifth. As of December 31, 2021, there are 46 office spaces in total. The number of its customers will decrease from 2384 in 2020 to 2216 in 2021. For the year ended December 31, 2021, the company recorded a gross loss of - $0.5 million and revenue of $39 million. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/bds.html

Building DreamStar Technology (BDS) US equity investment

On February 25, 2021, Building DreamStar Technology, which provides flexible common office space in China, submitted an IPO application to the Securities and Exchange Commission (SEC), hoping to raise up to $25 million through an initial public offering. Dream Star Share Office plans to raise $25 million by issuing 4.6 million shares at a price of $5 to $6 per share. At the midpoint of the offering price, the market value of Building DreamStar Technology is $223 million. Building DreamStar Technology plans to be listed on NASDAQ with the stock code of BDS. Univest Securities Is the sole bookrunner of the transaction. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/bds.html

On September 20, 2022, Dream Star announced its latest plan to raise $25 million by issuing 4.6 million shares at a price of $5.50. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/bds.html