The three major domestic mining machines are Bitcontinent, Jian 'an Yunzhi and Yibang International. In the past two years, driven by the soaring bitcoin market, the market demand for mining machines has increased almost exponentially. Even due to insufficient production capacity, the market was once in short supply, and the price of mining machines rose, with the highest increase of 200%. Driven by huge profits, Bitland, Jian 'an Yun Zhi and Yibang International rose rapidly and became the three giants in the field of mining machine manufacturing.

Recent situation of Yibang International

At present, Billion International mainly generates revenue through blockchain products, including selling mining machines and related modules and accessories, and providing mining machine custody services. Yibang International stated in the prospectus that the funds raised by IPO will be mainly used to expand overseas business and new business, including the establishment of R&D centers and overseas sales and marketing activities; Develop and introduce new mining machinery; Used for corporate brand marketing activities and general corporate purposes.