XYJ Technology, operating under the brand name Xiyuanji, is an early-stage Chinese matchmaking and dating services company targeting two distinct demographics: Generation Z singles (roughly ages 18–28) and middle-aged and elderly singles (40+). The company operates through two channels: a mobile dating app and a network of physical offline matchmaking stores. The app uses AI-driven algorithms to match users based on interests and personality, and incorporates gamified features, virtual identities, and live streaming. The offline stores serve as in-person meeting venues for app users and as standalone matchmaking centers for older users who may not use digital platforms. XYJ's current revenue comes almost entirely from membership fees, with approximately $560K reported for the nine months ended September 30, 2025. Longer-term, the company plans to monetize virtual goods, advertising, and brand partnerships with wedding, travel, and photography businesses as its user base and store network grow. For offline expansion, XYJ uses a franchise model where partners bear upfront capital costs in exchange for a high share of store-level profits, reducing XYJ's own capital requirements. A core element of XYJ's model is the interdependency between online and offline channels — stores funnel users to the app, and the app drives users into stores for in-person meetings. The company was incorporated in the Cayman Islands in 2023, operates through a Hong Kong subsidiary, and has roots in Fujian, China. XYJ is raising $2M through this IPO, with proceeds allocated toward product development, store buildout, marketing, and talent.
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