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600588 Yonyou Network Technology
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About Yonyou Network Technology Company
The company was founded in 1988 and is the world's leading enterprise cloud service and software provider. Yonyou is committed to using creativity and technology to drive business and social progress. By building and operating the world's leading commercial innovation platform, Yonyou BIP, to serve the digital transformation and commercial innovation of enterprises, it has achieved tens of millions of digital intelligence enterprises, so that enterprise cloud services can be used as needed, digital intelligence value is everywhere, and commercial innovation is so convenient. Main business: Large enterprise service business, medium enterprise service business, small and micro enterprise service business, government and other public organization service business. The company has been rated as a “key software enterprise within the planning and layout” of the country for many years in a row. Wang Wenjing, chairman of the company, was selected as “100 Outstanding Private Entrepreneurs in 40 Years of Reform and Opening-up” by the United Front Work Department of the Central Committee and the All-China Federation of Industry and Commerce, and was named a “Business Leader Influencing the Reform and Opening Up Process” by China Entrepreneur Magazine.
News
User Friends Network (600588.SH): spent 612 million yuan to repurchase a total of 303.432 million shares
GLONGHUI, September 21丨User Network (600588.SH) announced that as of September 21, 2023, the cumulative number of shares repurchased by the company was 303.432 million shares, accounting for 0.8838% of the company's current total share capital. The highest purchase price was 23.39 yuan/share, the lowest purchase price was 16.96 yuan/share, and the total amount paid was 612 million yuan (excluding transaction fees such as commissions).
Youyou Network (600588): The advantages of the new business organization model are beginning to show that revenue is expected to return to steady growth
The upgrade of the business organization model has put pressure on performance, and the company will continue to enhance efficient management in the second half of the year. The company disclosed its 2023 annual report. 2023H1, the company achieved revenue of 3.37 billion yuan, a year-on-year decrease of 4.73%; achieved
Nomura Adjusts Yonyou Network Technology's Price Target to 18 Yuan From 21 Yuan, Keeps at Neutral
Yonyou Network Technology (SHA:600588) has an average rating of outperform and price targets ranging from 14.28 yuan to 100.50 yuan, according to analysts polled by Capital IQ. Price (RMB): ¥17.09, Ch