Understanding the Market | KINGDEE INT'L is currently up over 9%, the company's business monetization logic is strengthening, and its growth potential is superior to comparable overseas companies

Zhitong
2024.11.20 06:59
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KINGDEE INT'L is currently up over 9%, as of the time of writing, up 9.25%, priced at HKD 9.09, with a transaction volume of HKD 274 million. In terms of news, recently, KINGDEE INT'L launched the first AI-native mobile application in the domestic enterprise management field, the Cangqiong APP. This application is based on KINGDEE's self-developed large model and AI agent technology architecture, which is expected to lead Chinese enterprise management software into the AI-native era and accelerate the digital transformation of Chinese enterprises. In addition, KINGDEE INT'L held the "Lion City Voyage - KINGDEE Cloud AI Innovation Launch Conference and KINGDEE Singapore Opening Ceremony" in Singapore, officially announcing the opening of KINGDEE Singapore and the completion of its data center. Founder Securities previously stated that KINGDEE INT'L is currently in a critical stage of transitioning from "cloud service-oriented" to "comprehensive cloud service." With the gradual maturity of the industry form, the logic of business monetization is strengthening. Considering the strong background of domestic manufacturing and the continuous acceleration of enterprise digitalization, combined with the favorable competitive landscape created by domestic substitution, the company's growth potential is actually superior to that of overseas comparable companies that have entered the mature stage

According to Zhitong Finance APP, KINGDEE INT'L (00268) is currently up over 9%, with a rise of 9.25% as of the time of writing, priced at HKD 9.09, with a transaction volume of HKD 274 million.

In terms of news, recently, KINGDEE INT'L launched the first AI-native mobile application in the domestic enterprise management field, the Cangqiong APP. This application is based on KINGDEE's self-developed large model and AI agent technology architecture, which is expected to lead Chinese enterprise management software into the AI-native era and accelerate the digital transformation of Chinese enterprises. In addition, KINGDEE INT'L held the "Lion City Launch - KINGDEE Cloud AI Innovation Release Conference and KINGDEE Singapore Opening Ceremony" in Singapore, officially announcing the opening of KINGDEE Singapore and the completion of its data center.

Previously, Founder Securities stated that KINGDEE INT'L is currently in a critical stage of transformation from "cloud service-oriented" to "comprehensive cloud services." With the gradual maturity of the industry form, the logic of business monetization is strengthening. Considering the strong background of the domestic manufacturing industry and the continuous acceleration of enterprise digitalization, combined with the favorable competitive landscape created by domestic substitution, the company's growth potential is actually superior to that of overseas comparable companies that have entered the mature stage

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