(Yicai Global) Feb. 5 -- Meet You, an app developed by Xiamen Meet You Information Technology Co., netted profits of CNY100 million last year, and formally proposed a domestic listing plan, as Sina Technology reported.

The company, a startup founded in April 2013, was originally a menstruation recording tool that has now morphed into a women's internet platform offering pre-pregnancy, pregnancy, childcare, community exchange and e-commerce services. Meet You has over 150 million female users, with more than 7 million active daily, its own data show. The startup's revenue last year reportedly reached CNY400 million.

Listing on the A-share main boards in the Shanghai and Shenzhen stock exchanges requires three years of straight profits. ChiNext, a NASDAQ-style board of the Shenzhen Stock Exchange, requires profitability in the last two consecutive years, with combined net profit of at least CNY10 million and continued growth or profit in the last year with net profit and revenue of at least CNY5 million and CNY50 million, respectively, and an operating income growth rate in the last two years of at least 30 percent.  

Meet You turned a profit in 2016, which, coupled with the net profit of CNY100 million it logged last year, meets the ChiNext board requirements. The average expected net profit of 716 companies listed on ChiNext is from CNY126 million to CNY150 million as of Jan. 31, its statistics show, which also indicates Meet You's profitability has also reached the level of these board-listed companies.