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HAO supplier relationships

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Haoxi Health (HAO): Supplier map and what it signals for investors

Haoxi Health Technology monetizes a hybrid model: it sells one‑stop online marketing services focused on short‑video channels to advertisers while building proprietary and partner‑enabled AI capabilities to productize targeting and analytics. Revenue flows primarily from campaign services on major Chinese platforms; the company supplements operating cash through periodic capital markets activity (follow‑on offerings and attempted at‑the‑market programs). For investors and operators, the supplier list is a direct read on distribution concentration, technical sophistication and the firm’s willingness to use equity markets for growth capital.
Explore supplier intelligence and relationship analytics at NullExposure.

Why Haoxi’s suppliers matter to valuation and risk

Haoxi’s supplier relationships are not ancillary vendor links; they are core demand channels and capability partners. The company’s business model depends on sustained access to large social media platforms for advertiser reach, and on third‑party AI partners to lift the product offering beyond execution services. Capital partners on the finance side show a contracting posture that is actively dilutive—underwritten follow‑ons and ATM arrangements are part of the working capital playbook.

Key operating model characteristics to track:

  • Concentration: revenue is concentrated through a small set of media platforms (Douyin, Toutiao, WeChat, Sina Weibo, TikTok), making Haoxi sensitive to policy, algorithm, and pricing changes on those platforms.
  • Criticality: cooperative media partners are primary customer acquisition channels, so platform interruptions would directly depress top‑line performance.
  • Contracting posture: Haoxi has used both underwritten equity and attempted ATM sales, indicating a readiness to access public markets and dilute shareholders to fund growth.
  • Maturity of tech stack: strategic partnerships with AI platform providers suggest progression from services to tech‑augmented offerings, improving gross margin potential if executed.
    There are no supplier constraints explicitly flagged in the company’s relationship data set; this absence is a company‑level signal rather than an endorsement.

If you want a deeper supplier risk scorecard and primary‑source linkages, visit NullExposure for the full intelligence feed.

Supplier relationships — who Haoxi works with and why it matters

Below I list every supplier/partner referenced in the company’s recent public materials and press mentions, with a concise plain‑English takeaway and the source.

  • Global Mofy AI Ltd (GMM) — Haoxi entered a strategic partnership where Global Mofy contributes the Gausspeed AI platform while Haoxi supplies industry expertise and application integration, signaling a push to embed third‑party AI into advertising products. Source: MarketScreener press release, March 10, 2026.

  • Gauss Intelligence (Beijing) Technology Co., Ltd. — The Beijing subsidiary of Global Mofy is the operational AI partner named in the September 2024 strategic partnership, and is the delivery vehicle for the Gausspeed capabilities integrated into Haoxi offerings. Source: GlobeNewswire / Manila Times, October 29, 2024.

  • EF Hutton LLC — EF Hutton underwrote a follow‑on offering that closed on September 20, 2024 and raised $12 million gross, showing the company’s active use of underwritten equity for liquidity and growth funding. Source: GlobeNewswire / Manila Times, October 29, 2024.

  • Aegis Capital Corp. — Haoxi executed a sales agreement with Aegis on January 23, 2026 to establish an $80 million at‑the‑market (ATM) equity program, though public filings indicate the arrangement was terminated shortly after its launch. This underscores an aggressive capital‑markets posture in FY2026. Source: The Globe and Mail press release, January 23, 2026.

  • ByteDance — Haoxi attributes part of its services growth to collaboration with ByteDance’s media ecosystem, underlining the firm’s routing of advertiser spend through large platform partners. Source: GlobeNewswire / Manila Times FY2024 report, October 29, 2024.

  • Douyin — Identified repeatedly as a core cooperative media partner for short‑video marketing, Douyin is a primary distribution channel for Haoxi’s campaign services. Source: MarketScreener Nasdaq notification and company disclosures, March 2026.

  • TikTok — Listed as a cooperative media platform in Haoxi disclosures, TikTok/Tiktok is among the short‑video outlets Haoxi leverages to reach advertiser audiences, especially for cross‑border and mobile campaigns. Source: MarketScreener Nasdaq notification, March 2026.

  • Toutiao — Cited as one of Haoxi’s cooperative media platforms used to deliver short‑video and native advertising campaigns, Toutiao contributes to core reach and targeting capabilities. Source: MarketScreener and GlobeNewswire disclosures, FY2024–FY2026.

  • WeChat — Named among the primary platforms Haoxi uses to acquire and retain customers for advertiser clients, WeChat’s ecosystem is a major channel for service delivery and audience engagement. Source: MarketScreener Nasdaq notification and FY2024 company reporting, March 2026 / Oct 2024.

  • Sina Weibo (WB) — Sina Weibo is explicitly referenced as a platform partner for short‑video and social advertising, contributing to Haoxi’s multi‑platform campaign footprint. Source: MarketScreener Nasdaq notice and company filings, March 2026.

  • WFS Investor Relations Inc. — WFS Investor Relations is listed as Haoxi’s investor relations contact, reflecting the company’s use of external investor‑relations support for market communications and filings. Source: Yahoo Finance press release (company announcement), FY2025.

What investors should monitor next

The supplier list produces a clear short checklist that drives valuation sensitivity:

  • Platform concentration risk: Regulatory or algorithmic shifts at Douyin, Toutiao or WeChat will have outsized revenue impact.
  • Execution risk on AI integration: The commercial success of the Global Mofy / Gauss partnership is a revenue inflection catalyst; delivery slippage would compress expected margin uplift.
  • Capital dilution dynamics: The use of both underwritten follow‑ons and ATM programs confirms equity financing is a live lever for management — monitor shelf status, current offering documents, and insider holdings carefully.
  • Market compliance signal: The company received a Nasdaq notification regarding minimum bid price deficiency, a governance and liquidity signal that requires monitoring for potential delisting risk.

Bold takeaway: Haoxi is a distribution‑centric services business that is actively transitioning toward AI‑enabled offerings while using public equity to finance growth; platform concentration and capital‑market dilution are the two dominant risk vectors.

For a supplier risk scorecard and primary‑document traces, check the platform summary at NullExposure — it will accelerate due diligence.

Final recommendation and next steps

For investors evaluating Haoxi as a supplier‑exposed bet, prioritize three actions: validate platform revenue share with management, track the commercial rollout of the Gausspeed integration, and monitor filings for additional equity raises. If platform concentration is above your risk tolerance, position sizing must reflect the binary downside from platform policy or algorithm shifts.

Get deeper supplier analytics and filing‑level evidence at NullExposure to convert these relationship signals into an investable thesis.