According to Hong Kong Exchanges and Clearing (HKEX), Zisum Technology (Fujian) Co., Ltd. submitted its main board IPO application on June 24, with Guotai Junan International as the sole sponsor.
The company is a leading Chinese e-commerce software provider specializing in e-commerce security operations products. As of 2025, Zisum Technology is the largest e-commerce security operations product provider in China by revenue. According to Frost & Sullivan, among the top four e-commerce software providers by revenue, the company achieved the highest revenue growth rate and operating profit margin during 2023–2025.