XIAMEN, China, Aug. 27, 2025 /PRNewswire/ -- From filling an industry gap with a group standard to a Nasdaq-listed company in the U.S., EPWK HOLDINGS LTD. (NASDAQGM:EPWK) has become a benchmark in the creative services industry, driven by innovation.
On July 31, 2020, the "Specification for sharing platform service of creative knowledge and skills" group standard was officially released in Xiamen. Jointly initiated and developed by the China Council for the Promotion of International Trade (CCPIT) Commercial Sub-council and EPWK, this standard fills a gap in the regulation of creative knowledge and skill sharing, providing a practical service standard for the industry.
At that time, sharing economy was booming, and "knowledge and skills" sector was one of the top three in terms of transaction volume within the sharing economy. This group standard set regulations for platform entry audits, transaction services, information security, and intellectual property protection. It provided a standardized basis for non-standardized creative services, which helped ensure the healthy and sustainable development of service trade, including platforms for sharing creative knowledge and skills.
A Foundation in Standardization: A Pioneer in Industry Regulation
The "Specification for sharing platform service of creative knowledge and skills" released five years ago, laid a solid foundation for EPWK's subsequent development. It's well-known that many services in the creative knowledge and skills sector are non-standardized. The implementation of this group standard standardized service products, which better protected the interests of both service providers and clients.
Following the standard's implementation, the protection of user rights on EPWK platform was strengthened, and the transaction dispute resolution mechanism became more robust. This not only enhanced the platform's ability to "empower" users but also fostered a healthier ecosystem for creative knowledge and skill sharing. As of mid-2024, EPWK platform had served a cumulative total of 8.74 million buyers and 16.92 million sellers, covering more than 2,800 cities and counties across China.
Technology-Driven: AI Empowers Creative Transaction
Building on its foundation of standardization, EPWK has consistently invested in technology research and development. In March 2025, EPWK announced its integration of the DeepSeek intelligent solution, launching "EPWK AI Assistant." This significantly enhanced the platform's intelligent core. "EPWK AI Assistant" uses conversational interaction to help employers systematically outline their needs and generate a task template with a single click, effectively reducing communication errors and thus saving time.
EPWK also developed a "personalized task intelligent recommendation engine" that achieves precise matching between talents and demands. This is supported by two core patented technologies: "A Method for witkey task recommendation Based on a Tripartite Graph of Witkey-Task-Labels" and "A Method for witkey task recommendation with a Corrected Vector Latent Factor Model." These technologies solve the platform's issues with information overload and "cold-start" problems, allowing tasks to be pushed in real-time and with high precision to the best service providers.
Global Expansion: From Xiamen to U.S.(Nasdaq)
On February 6, 2025, Eastern Standard Time, EPWK was listed on Nasdaq Stock Exchange in the U.S. with the ticker symbol EPWK, becoming the "first Chinese crowdsourcing platform to go public." After its listing, EPWK accelerated its internationalization strategy.
In June 2025, the English version of EPWK's international site (intl.epwk.com) was officially launched. In July, EPWK International underwent a major upgrade, adding four core functional modules: "Talent Center," "Service Mall," "Case Display," and "Message Center." These features established a new digital infrastructure for global creative services, creating a closed-loop system from precise talent discovery and transparent purchasing to efficient collaboration.
Moving forward, EPWK will continue to optimize the features and services of EPWK International and deepen its global operations. The goal is to attract more international creative talents, building a more efficient and convenient digital bridge for employers and creative professionals worldwide, and driving the global creative service industry toward a more intelligent and professional future.
Five Years of Achievement: A Path to a Thriving Creative Services Ecosystem
The five years of standardization have been a period of rapid growth for EPWK. From 2019 to June 30, 2024, EPWK platform completed a cumulative total of 4.6 million projects, with a total GMV exceeding $1.67 billion. According to Frost & Sullivan "Independent Industry Research Report on China's Crowdsourcing Platform Market," EPWK was one of the leading online service platforms in China's creative crowdsourcing industry, based on its GMV of 2023.
EPWK has also received numerous honors: it has been designated National Cultural and Technology Integration Demonstration Base and Fujian Province Cultural Industry Demonstration Base. It has been repeatedly included on the list of Key Software and Information Technology Service Enterprises in Xiamen. And it was a primary contributor to "Key Technologies and Applications for a High-Availability Secure Cloud Storage System" project, which won second prize in Fujian Provincial Science and Technology Progress Awards.
EPWK has established a "1+N" business model. "1" represents EPWK platform, which focuses on creative services and facilitates transactions between employers and service providers. "N" refers to the complementary services offered throughout a company's life cycle, which are based on mining customer value from data on the platform. These services include business incubation, intellectual property, and financial and tax accounting.
The seed of standardization planted five years ago has now flourished in the soil of artificial intelligence and globalization. Over these five years, EPWK has not only created a benchmark for the creative services industry but also validated a platform development path centered on "standardization as foundation, technology as driver, and capital as enabler." Today, this new digital infrastructure, which connects millions of creative professionals and market demands worldwide, continues to evolve, providing a replicable Chinese solution for the global creative services ecosystem.
View original content:https://www.prnewswire.com/news-releases/from-industry-group-standards-to-nasdaq-epwk-builds-a-benchmark-for-creative-services-302539965.html
SOURCE EPWK HOLDINGS LTD.
