(UYU Network: subsidiary Youche Technology IPO and listed on Science and Technology Innovation Board)-- Yuyou Network announced that the company's subsidiary Yuyou Automotive Information Technology (Shanghai) Co., Ltd. will issue shares for the first time and will be listed on the Shanghai Stock Exchange Kechuang Board on May 11. After this issue, the company directly plus indirectly holds 82 million shares of Youche Technology, accounting for 56.82% of the total share capital of Youche Technology after this issue, and is still the controlling shareholder of Youche Technology, merging its financial statements.