On April 29, Yonyou Network Technology Co.Ltd(600588) released the financial report for the first quarter of 2022, realizing a total operating revenue of 1.279 billion yuan. Among them, the revenue from cloud services and software business was 1.270 billion yuan, a year-on-year increase of 20.1%. The revenue of cloud service business (excluding financial cloud services) was 748 million yuan, a year-on-year increase of 45.1%, maintaining a high growth momentum.
According to the financial report, Yonyou Network Technology Co.Ltd(600588) large enterprise cloud service revenue was 472 million yuan, an increase of 29.1% year-on-year; The cloud service revenue of medium-sized enterprises increased by 1.6555 million yuan year-on-year; The cloud service business income of the government and other public organizations was 57.92 million yuan, a year-on-year increase of 103.4%; SaaS subscription revenue of small and micro enterprises was 85.49 million yuan, a year-on-year increase of 94.8%. More leading enterprises, including China’s top 500 and the world’s top 500, choose UFIDA BiP as an enabling platform for enterprise digital intelligence transformation and business innovation. During the reporting period, Yonyou Network Technology Co.Ltd(600588) successfully signed contracts with central state-owned enterprises and private enterprises such as Three Gorges group, China Salt Group, China Shipbuilding and fuel group, Kirin software, China Agricultural Bank Of China Limited(601288) , China Life Insurance Company Limited(601628) endowment insurance, China Development Bank, Bank Of China Limited(601988) and so on.
The company said that Yonyou Network Technology Co.Ltd(600588) continued to increase investment in technology research and development and product innovation, with a total investment of 622 million yuan. UFIDA BiP’s PAAS platform IUAP continues to be optimized and upgraded, becoming a new base for digital intelligence of enterprises, providing a stable, safe, independent and controllable digital intelligence platform support for large enterprises, so as to realize the complex application of agile development.
Yonyou Network Technology Co.Ltd(600588) accelerate the innovation of digital intelligence application products in the field. During the reporting period, Yonyou Network Technology Co.Ltd(600588) focused on strengthening product research and development in key areas such as UFIDA BiP financial cloud, supply chain cloud and human cloud, and launched a new generation of enterprise intelligent business travel and fee control service platform – UFIDA BiP business travel and fee control service, human analysis and talent portrait service and other digital intelligence applications.
In addition, Yonyou Network Technology Co.Ltd(600588) established zhishikai Industrial Software Co., Ltd., a holding subsidiary that provides digital intelligence services in the R & D field of industrial enterprises, to further deepen innovative services in the field of industrial R & D and promote the faster speed of industrial “intelligent manufacturing” We will give full play to the advantages of BiP in the field of strategic investment and trusted data, and make full use of BiP in the field of electronic products.
Based on the multi-dimensional needs of the transformation of enterprise customers into digital intelligence, Yonyou Network Technology Co.Ltd(600588) proposed to create an “aggregation ecology”, and the ecological model evolved to deep aggregation. During the reporting period, Yonyou Network Technology Co.Ltd(600588) comprehensively upgraded five ecological plans, established four ecological support systems, and built the world’s leading aggregated enterprise service ecosystem with partners. At present, the cloud market has more than 10000 partners and more than 16000 products and services.
