Recent developments include the release of financial results for fiscal year 2025 and reports on insider ownership levels.

• Youxin Technology Ltd reported financial results for fiscal year 2025, highlighting revenues of approximately $539,474 and a net loss of $9.65 million [N1].
• Insiders hold 65% ownership of Youxin Technology Ltd, indicating significant insider control [N2].

Youxin Technology's AI+PaaS platform addresses a growing demand among mid-tier retail brands in China for complex, flexible, and integrated digital solutions that unify business operations and enhance decision-making. The company's ability to rapidly customize solutions with low-code tools and domain-specific language can attract clients seeking cost-effective, scalable IT infrastructure without heavy investment. Strategic partnerships, especially with Tencent Cloud, provide access to advanced technology and ecosystem support, potentially accelerating market penetration. The company's expansion into additional sectors and international markets, as indicated by ongoing marketing efforts, could broaden its customer base. Strong liquidity and recent capital raises support continued investment in technology and infrastructure. The management team's experience and focus on AI-driven digitalization position the company to innovate and adapt to evolving client needs.

The company reported significant net losses in fiscal year 2025, with a net loss of approximately $9.65 million and declining gross profit, indicating challenges in achieving profitability. Revenue growth has been modest, and the business relies heavily on a small number of customers, increasing concentration risk. Operating expenses increased substantially due to professional fees related to IPO and offerings, while R&D expenses decreased, which may impact future product development. The competitive SaaS and PaaS market in China requires continuous innovation and investment, and the company's ability to maintain technological leadership and customer loyalty is uncertain. Additionally, the company faces risks related to market adoption of PaaS technology, regulatory environment as a foreign private issuer, and potential operational challenges in scaling its platform and services.

Youxin Technology's moat is based on its specialized AI+PaaS platform that supports complex, highly customized digital applications for mid-tier retail brands in Mainland China, a niche with significant IT upgrade needs. The platform's ability to rapidly customize solutions using domain-specific language and low-code tools reduces operational complexity and cost for clients. The company's strategic partnership with Tencent Cloud and membership in Tencent's Cloud Native Accelerator provide technological and ecosystem advantages. Additionally, the management team's deep industry and technical experience from leading tech firms supports innovation and client trust. The company's focus on unified, end-to-end enterprise solutions that integrate sales, marketing, service, and commerce functions further differentiates it in a market where data integration and operational unification are critical. However, the competitive and evolving nature of the SaaS/PaaS market in China and reliance on a limited customer base present challenges to sustaining this moat.

• Customer Concentration Risk: A significant portion of revenues and accounts receivable are concentrated among a few customers, increasing dependency risk.
• Profitability and Cash Flow Risk: The company has incurred recurring net losses and negative operating cash flows, requiring continued capital raises and cost control to sustain operations.
• Market Adoption Risk: The adoption of PaaS technology in the target market is critical; slower adoption or competitive pressures could impact growth and market position.
• Operational Scaling Risk: Scaling the platform and services to meet diverse and evolving client needs requires ongoing investment in R&D and infrastructure.
• Regulatory and Reporting Risk: As a foreign private issuer, the company is subject to different reporting requirements and exemptions, which may affect transparency and investor perception.

• Youxin Technology Ltd is a Cayman Islands holding company with operating subsidiaries in Mainland China and Hong Kong, including Guangzhou Youxin Technology Co., Ltd and Youxin Cloud (HK) Limited [S1].
• The company provides SaaS and PaaS solutions focused on digital transformation for retail enterprises, enabling development and control of business applications without complex IT infrastructure [S1].
• Their AI+PaaS platform supports highly customized digital scenarios including CRM, HRM, and Office Automation, connecting management to end-users with real-time business operation views [S1].
• Youxin has developed one of the few PaaS platforms in Mainland China capable of building complex external digital applications, especially for transaction-related distribution, store, and e-commerce clouds, enabling mass production of SaaS products [S1].
• The company primarily serves mid-tier brands in China relying on offline distribution with significant IT upgrade needs, including sectors like fast-moving consumer goods, cosmetics, and food and drink [S1].
• In fiscal year 2025, Youxin had 13 customers purchasing professional and payment channel services, with key clients including P&G Guangzhou and Lancang Ancient Tea [S1].
• Revenue for fiscal year 2025 was approximately $539,474, a 3% increase from 2024, mainly driven by restarting customized CRM system development services [S1].
• Net loss for fiscal year 2025 was approximately $9.65 million, significantly higher than prior years, with EPS of -1.04 USD per share [S1].
• Gross profit decreased from $341,593 in 2024 to $179,965 in 2025, with gross margin around 33% for 2025 [S1].
• The company generates revenue mainly from professional services (96% in 2025), including customized CRM development, additional function development, subscription services, payment channel services, and licensing fees [S1].
• Liquidity as of September 30, 2025 included $9.9 million in cash and equivalents, current assets of $10.48 million, current liabilities of $2.55 million, with a current ratio of 4.1 and cash ratio of 3.88, indicating strong short-term liquidity [S1].
• Youxin Technology is a member of Tencent's Cloud Native Accelerator, leveraging technology, business, community, and funding cooperation to accelerate ecosystem development [S1].
• The company emphasizes end-to-end unified enterprise solutions with a comprehensive SaaS product and PaaS platform covering sales, marketing, service, and multi-channel commerce [S1].
• The platform supports rapid customization through a domain-specific language (DSL) and low-code/no-code capabilities, reducing operational complexity for clients [S1].
• Youxin's management team has experience from Tencent, DiDi Global, and Salesforce partners, focusing on AI-driven digitalization services and innovation [S1].
• The company faces a competitive market with a need for complex, flexible IT solutions that integrate data and unify operations to avoid data silos [S1].
• Youxin's revenues are concentrated among a few customers, with Customer B accounting for 39% of 2025 revenues and 83% of gross accounts receivable as of September 30, 2025 [S1].
• The company has incurred recurring net cash outflows from operations and has funded operations primarily through public offerings and related party funds [S1].
• Operating expenses increased significantly in 2025 due to professional fees related to IPO and follow-up offerings, while R&D expenses decreased substantially [S1].
• The company maintains a website at https://www.ir.youxin.cloud/ for corporate governance documents and investor information [S1].
• Recent news includes the report of financial results for fiscal year 2025 and insider ownership details, with insiders holding 65% ownership [N1][N2].