Ihuman, an online children’s education company, has formally submitted its IPO documents to the US Securities and Futures Commission and plans to list on the New York Stock Exchange under the stock code & quot; IH & quot;. Underwriters include Credit Suisse, Citigroup, etc. < p > < p > the main business of Hongen education consists of online learning service income and offline learning materials and intelligent equipment income. According to the data, in 2019, the total revenue of Hongen education was 219 million yuan, including 107 million yuan of online learning service income, nearly five times higher than that of 2018; in the first half of 2020, under the US general accounting standards, Hong En education’s total revenue was 219 million yuan, in which the online learning service income was 107 million yuan, nearly five times higher than that in 2018 The total revenue of en education is 185 million yuan, of which the online learning service income is 152 million yuan, nearly four times higher than that in the same period in 2019. < p > < p > in 2018, Hongen literacy began to be commercialized, and Hongen education had realized positive operating cash flow in 2019. In the first half of 2020, Hongen education’s gross profit margin further increased to 67.6%, which has turned losses into profits under the US general accounting standards and realized a net profit of 5.64 million yuan. < p > < p > in the first half of 2020, the monthly active users (MAU) and paid users of Hongen education ranked first in China’s online education service provider of education for entertainment; Hongen literacy app, which was owned by Hongen education, ranked first in the education bestseller list of Apple App store. More Samsung devices can now run Android applications on PC through your phone