SSHT S&T Group is a small financial consulting firm that helps Chinese small and medium-sized enterprises go public, primarily on U.S. OTC markets. SSHT operates through its Shanghai-based subsidiary, Shanghai Jieshi Management Consulting. The core service covers two stages: first, evaluating a client's business, financials, and readiness for public markets; second, identifying a listing path (IPO, reverse merger, SPAC merger, etc.), assembling the required professional team, and managing the process end-to-end. SSHT also provides back-office support to post-listing clients, including corporate governance setup and help with public reporting. The target customer is Chinese enterprises that cannot access domestic Chinese exchanges due to strict listing requirements and want to tap international capital markets instead. SSHT charges project-based fees for going-public consulting, which accounts for nearly all revenue. Revenue is highly concentrated — the company has only four clients, all based in southeastern China, and the top client accounted for over half of FY2023 revenue. The company has just three employees and relies on interest-free loans from its CEO to fund operations. SSHT is attempting to expand its addressable market by helping clients list on domestic Chinese exchanges and the Hong Kong Stock Exchange, and is also looking to expand geographically within China, though all listings completed to date have been on U.S. OTC markets.