Yonyou Network Technology (600588.SH): A total of 2.89 million shares have been repurchased.
On May 6, Globus announced that Yonyou Network Technology (600588.SH) reported that as of April 30, 2025, the total number of shares repurchased by the company was 2,891,790 shares, accounting for 0.085% of the company's current total share capital. The highest purchase price was 18.44 yuan/share, the lowest purchase price was 9.87 yuan/share, and the total amount paid was 32,263,091 yuan (excluding commission and other transaction fees). The aforementioned repurchase progress complies with the provisions of laws and regulations and the requirements of the company's disclosed share repurchase plan.
The "A+H" trend remains strong! In the past month, 23 A-share listed companies have planned to go public in Hong Kong or have already submitted their applications, with Chongqing Sokon Industry Group Stock included.
According to incomplete statistics, as of the time of this report, 23 A-share listed companies have planned to list in Hong Kong or have submitted applications to the Hong Kong Stock Exchange (see attached table); among them, Zijin Mining Group intends to spin off Zijin Gold International to list on the Main Board of the Hong Kong Stock Exchange, and 13 companies, including Unisplendour Corporation, have announced plans to issue H-shares.
Express News | DeepSeek released the Prover-V2 model, with a parameter count reaching 671 billion.
Express News | United Information signed a contract with China Merchants Group for the Human Resources Smart System (Phase II).
Yonyou Network Technology (600588): Cloud transformation is progressing smoothly, Bullish on AI Business opportunities.
Yonyou Network Technology released its quarterly report, achieving revenue of 1.378 billion yuan in Q1 2025 (year-on-year -21.22%), with a net profit attributable to the parent company of -0.736 billion yuan (year-on-year -62.41%), and a non-recurring net profit of -0.794 billion yuan (
Yonyou Network Report for the First Quarter of 2025
In the first quarter, continued massive losses prompted Yonyou Network Technology to consider a Hong Kong IPO for relief. Can 61-year-old Wang Wenjing make a comeback for a turnaround?
The secondary listing of Yonyou Network Technology is both an opportunity for a leap in Global Strategy and a reluctant choice of a last resort.
Express News | Yonyou Network Technology: A net loss of 0.736 billion yuan in the first quarter of 2025.
New stock news | Yonyou Network Technology (600588.SH) plans to list in Hong Kong, with traditional Cloud Computing Service revenue growth slowing down.
Yonyou Network Technology (600588.SH) announced that the company is planning to issue Overseas shares (H shares) and list them on the Hong Kong Stock Exchange.
Express News | Yonyou Network Technology: Planning to issue H shares and list on the Hong Kong Stock Exchange.
Research Reports on Gold Mining丨Guosen: Yonyou Network Technology's performance is expected to gradually recover, maintaining an "outperform the market" rating.
On April 17, Gelonghui reported that Guosen's research report indicated that Yonyou Network Technology (600588.SH) faced pressure on its full-year performance compared to the previous year, with a significant decline in profit in the fourth quarter. The company's profits were also affected by non-recurring factors such as personnel adjustments and impairment losses. The current impact of profit on the company is gradually clearing up, and net income is expected to reach a bottom and rebound. The company continues to add major clients, laying the foundation for a volume increase in core products, with related contract liabilities growing, ensuring a certain level of revenue performance. The company's core product BIP3 has released the R5 and R6 versions, comprehensively strengthening AI integration, data services, and global capabilities, achieving a 50% year-on-year reduction in resource consumption.
Yonyou Network Technology (600588): The proportion of the core product BIP3 has increased, and AI products are expected to drive a performance recovery.
Annual performance was under pressure year-on-year, with a significant decline in profits in the fourth quarter. In 2024, the company achieved revenue of 9.153 billion yuan, down 6.57% year-on-year, and a net income attributable to shareholders of -2.061 billion yuan, a decrease of 113.13% year-on-year. Single Q4.
Bank of America Securities: Domestic software companies are less affected by tariffs, with a preference to "Buy" KINGSOFT and others.
Bank of America Securities released a Research Report stating that it maintains a "Buy" rating on KINGSOFT (03888), with the Target Price lowered from HKD 53 to HKD 52. The firm covers a total of 15 software and cloud companies with uneven performance in 2024 (including profit warnings or preliminary results), of which 4 exceeded expectations, 2 met expectations, and 9 fell below expectations. Generally, the companies with strong performance mainly engage in office software or public cloud business, such as KINGSOFT, Beijing Kingsoft Office Software, Inc (688111.SH), and Kingsoft Cloud (03896), benefiting from the increasing contribution of AI revenue; while the cybersecurity and real estate software sectors are projected to be affected in 2024.
Yonyou Network Technology announced the progress of its share buyback.
Gelonghui, April 8 | Yonyou Network Technology announced on the 8th that on April 7, 2025, the company repurchased 150,000 shares through a centralized competitive trading method, with a total payment of 1,999,500 yuan. As of April 7, 2025, the company has cumulatively repurchased 2,550,690 shares, accounting for 0.075% of the company's current total share capital, with the highest purchase price being 18.44 yuan/share and the lowest purchase price being 9.92 yuan/share. The total amount paid is 27,766,355 yuan (excluding commissions and other transaction fees). The repurchase progress complies with laws and regulations.
Yonyou Network Technology (600588): Subscription revenue continues to increase.
Event: The company released its 2024 annual report, with revenue of 9.153 billion yuan, a year-on-year decrease of 6.57%; Net income attributable to the parent company was -2.061 billion yuan, a year-on-year decrease of 113.13%. Subscription revenue continues to increase. In 2024,
Express News | Peking Metro signs contract with Yonyou.
Yonyou Network Technology (600588): The low point has passed, recovery is expected, and fully embracing the demand for B-end AI transformation in the blue ocean.
The low point of revenue and profit has passed, and recovery driven by structural improvement and new business is anticipated. Yonyou Network Technology achieved revenue of 9.153 billion yuan in 2024, a year-on-year decline of 6.57%, with a Net income of -2.061 billion yuan. Despite the overall performance...
Yonyou Network Technology (600588) 2024 annual report commentary: The cloud subscription transformation is steadily advancing, with BIP accessing mainstream models such as DEEPSEEK.
Event: On March 29, 2025, the company published its 2024 annual report: In 2024, the company's revenue was 9.153 billion yuan, a year-on-year decrease of 6.57%; the net income attributable to the parent company was -2.061 billion yuan, compared to -9 in the same period last year.
Yonyou Network Technology (600588.SH): A total of 2.4 million shares have been repurchased.
On April 1, Gelonghui reported that Yonyou Network Technology (600588.SH) announced that as of March 31, 2025, the total number of shares repurchased by the company was 2,400,690 shares, accounting for 0.07% of the company's current total share capital. The highest purchase price was 18.44 yuan per share, and the lowest purchase price was 9.92 yuan per share. The total amount paid was 25,766,855 yuan (excluding commissions and other transaction costs). The above repurchase progress complies with the laws and regulations and the requirements of the company's disclosed repurchase plan.
Yonyou Network Technology Widens 2024 Loss as Revenue Slumps 7%