Lucas GC Limited (LGCL), an AI+PaaS Platform Achieved 171% Growth in 1H 2023 and Four Consecutive Profitable Years, Planned to IPO on NASDAQ

https://www.prnewswire.com/news-releases/lucas-gc-limited-lgcl-an-aipaas-platform-achieved-171-growth-in-1h-2023-and-four-consecutive-profitable-years-planned-to-ipo-on-nasdaq-301993559.html

BEIJING, Nov. 20, 2023 /PRNewswire/ — Due to the recovery of macro economy and the continuous investment by the government in digital economy, human resources related markets in China are expected to enjoy significant growth. According to market research firm Frost and Sullivan, it is projected that by 2027, market size in the Chinese human capital management industry will reach CNY 56.9 billion, with an average annual compound growth rate of 20.9% from 2023 to 2027. The market size of the Chinese software technology outsourcing market is expected to reach CNY 271.9 billion by 2026, with demand continuing to grow. This provides excellent market opportunities for technology-driven human capital management service enterprises like Lucas GC Limited (“Lucas”) .

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