BIYA International Group (BIYA) Investment Analysis: China HR-Tech “Gongwuyuan” Platform for Crowdsourced Recruiting & HR SaaS

BIYA International Group (BIYA) Investment Analysis: China HR-Tech “Gongwuyuan” Platform for Crowdsourced Recruiting & HR SaaS

※ Baiya International Group Inc. (NASDAQ: BIYA) is described in filings and company/media profiles as a China-based HR technology company that provides one-stop crowdsourced recruiting and SaaS-based HR solutions through a cloud-based internet platform (“Gongwuyuan Platform”). Operations are stated to be conducted through Shenzhen Gongwuyuan Network Technology Co., Ltd. and its subsidiaries in China. 😅

 

📖 Company Introduction

In its prospectus/filings, Baiya International Group describes its operating entity Gongwuyuan as being conducted through a VIE structure in China, stating that Gongwuyuan was founded in 2017 and that the platform launched in November 2019, after which services expanded to 5 provinces and 30 cities.

 

🧾 Company Overview

• Company / Ticker: Baiya International Group Inc. / BIYA
• Listing venue: NASDAQ Capital Market
• Business description (filings/profiles): Cloud platform providing crowdsourced recruiting and HR SaaS solutions
• Operating structure (filings): Operates through Gongwuyuan (VIE) and subsidiaries in China
• IPO/listing (disclosures): IPO price $4.00; materials reference trading commencing on 2025-03-21 and offering closing on 2025-03-24 (as stated in releases/filings)

🏗️ Business Model (What They Do)

• Platform-based HR services: Based on filings and releases, the company positions itself as connecting employers with talent/partners via a platform, offering recruiting matching plus HR-related services, alongside SaaS-based HR solutions.
• Offline linkage (company releases): Company announcements also reference offline services linked to the platform.

🚀 Bullish (Fact-based observation points)

(Not conclusions—these are items that can be verified from filings/releases.)

• Platform expansion footprint: Filings specify the platform launch timing (Nov 2019) and geographic expansion (5 provinces / 30 cities).
• Demand/visibility commentary: A July 2025 company release referenced “brand momentum” and discussed annual outlook commentary (investors should consult the primary release for details and context).

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⚠️ Downside factors (Bearish: fact-based risk points)

• Interim financials/cash (1H FY2025): A release for the half-year ended 2025-06-30 reported net loss of $4.7M, cash of $0.9M (as of 2025-06-30), and operating cash flow of -$6.4M for the period.
• Exchange-compliance action (reverse split): A company announcement dated 2025-12-26 disclosed a 1-for-25 reverse split, noting effectiveness on 2025-12-29 and trading on a split-adjusted basis beginning 2025-12-30.

💵 Financial/Transaction Snapshot

• Share price (reference): See the real-time price widget above
• IPO price (fact): $4.00
• 1H FY2025 snapshot (fact; released 2025-09-30): Net loss $4.7M; cash $0.9M as of 2025-06-30

🔮 Checkpoints & Catalysts

• Periodic/current disclosures: Monitor 6-K/20-F (as applicable) and company releases for updates to platform metrics (e.g., footprint, partners, activity/volume).
• Financial monitoring: Track cash, operating cash flow, and cost structure through interim/annual releases.
• Listing-rule updates: Watch for follow-on disclosures after the reverse split regarding Nasdaq compliance status and related items.

 

📈 Technical perspective (simple)

Price/volume can become more volatile around reverse splits and disclosure events, so investors often track the filing calendar and split-adjustment notices (share count/CUSIP changes, etc.) alongside fundamentals.

 

💡 Investment Insights (Summary)

Based on filings and company releases, BIYA is a China-focused HR-tech company built around the Gongwuyuan platform, offering crowdsourced recruiting and HR SaaS. Key verifiable points include: (1) trading commencement referenced as 2025-03-21 and IPO closing referenced as 2025-03-24; (2) platform launch in Nov 2019 and expansion to 5 provinces/30 cities; (3) 1H FY2025 loss/cash figures; and (4) a 1-for-25 reverse split effective 2025-12-29 (split-adjusted trading from 2025-12-30).

 

❓ FAQs

Q1. What kind of company is BIYA?
A. Based on filings/profiles, it is an HR-tech company in China providing crowdsourced recruiting and HR SaaS solutions via the Gongwuyuan cloud platform.

Q2. When did BIYA begin trading on Nasdaq?
A. Releases/filings reference trading beginning on 2025-03-21 under BIYA, with the offering closing referenced as 2025-03-24.

Q3. Was there a reverse split in late 2025?
A. Yes. A company announcement stated a 1-for-25 reverse split, effective 2025-12-29, with split-adjusted trading beginning 2025-12-30.