# Yuannian

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/yuannian

- Industry: Software
- Headquarters: Beijing, China
- Website: www.yuanian.com
- Latest round: Series A (Jan 1, 2023)
- Investors on record: 2

## About

Based in China, Yuannian is a technology company specializing in digital transformation services aimed at enhancing operational frameworks for enterprises. The firm focuses on delivering tailored solutions to improve efficiency and decision-making across various sectors.Yuannian, founded in 2004 and headquartered in Beijing, China, provides digital transformation services specifically for enterprises seeking to upgrade their operational capabilities. The company has successfully completed four deals since its inception, with the most recent deal occurring on January 1, 2023. The CEO, Xiangdong Han, has played a pivotal role in the company's strategic direction and growth.Yuannian Technology offers comprehensive digital transformation services, primarily targeting enterprise clients undergoing financial and operational improvements. Its core product suite includes management solutions that cover contract management, cost control, procurement, and financial reporting. The firm caters to clients across diverse sectors, including real estate, insurance, and manufacturing, and has collaborated with notable clients such as Haier, Shanghai Electric, and Zhongyin Insurance. While its services are predominantly utilized within the Chinese market, Yuannian is also preparing for international expansion to address the varying needs of clients globally.In 2017, Yuannian reported a revenue of USD 37.18 mn, with an EBITDA of USD 9.87 mn. The company operates on a B2B model, focusing on service agreements and partnerships with large enterprises through subscription-based offerings. Their products, including an intelligent financial management platform, are designed to enhance operational efficiency and financial reporting accuracy for over 2,000 large corporate clients.In January 2023, Yuannian secured Series A funding from APU Investments and Tencent Holdings Limited, enabling the company to pursue various growth initiatives. Upcoming plans include the launch of new products focused on advanced analytics and automation features. Furthermore, the company aims to expand its footprint into international markets, specifically targeting regions beyond China to diversify its client base. The recent funding will facilitate these growth strategies and support the development of tailored solutions for new market segments.

## Funding rounds

- Series A, Jan 1, 2023 — Tencent Holdings Limited, APU Investments

## Investors

- Tencent Holdings Limited — Series A
- APU Investments (https://capitalatlas.ai/funds/apu-investments) — Series A