The company operates as a financial services and technology platform provider through subsidiaries in China, functioning as a broker-dealer and investment adviser regulated by financial authorities including FINRA. It generates revenue from transaction fees, commissions, and advisory fees by facilitating financial transactions and providing investment advisory services to Chinese investors and market participants through its digital platform. The business operates in a competitive financial services industry characterized by consolidation and significant barriers related to regulatory compliance, and faces ongoing challenges common to financial platforms including competition for advisors and customers.