CloudMD Reports Third Quarter 2022 Financial Performance.

Source
https://finance.yahoo.com/news/cloudmd-reports-third-quarter-2022-221200015.html

November 14, 2022

- Q3 2022 revenue from continuing operations of $27.5 million, which does not include revenue from its Clinics & Pharmacies Division or Cloud Practice which are classified as discontinuing operations.

- Q3 2022 gross margin of 34.5% compared to 31% in Q2 2022, reflective of the higher margins of CloudMD’s continuing operations.

- Q3 2022 Adjusted EBITDA loss of $3.0 million.

- Cash and cash equivalents were $27.5 million at the end of the quarter which does not include proceeds from divestitures announced subsequent to quarter end.

- Through Q3 2022 CloudMD has signed multi-year contracts contributing to its organic growth and annual recurring revenue of $8.8 million, representing continued progress in growing its base of high-quality recurring revenue.

- During the third quarter the Company identified and actioned approximately $4 million of cost savings, a significant portion being recognized in the quarter. Subsequent to quarter end, CloudMD identified an additional $6 million of annualized cost optimization and savings with full run-rate to be recognized in early 2023.

- Recorded a non-cash impairment charge of $83.9 million.

CloudMD Software & Services Inc. announced its financial results for the third quarter ended September 30, 2022. All financial information is presented in Canadian dollars unless otherwise indicated.

Karen Adams, CEO of CloudMD commented,
“We are strengthening the business by focusing on profitability through sales of higher gross margin, recurring revenue, multi-product contracts. We are restructuring our business resulting in the ability to deliver prudent expense and cash management. We are pleased with our increasing customer base, specifically in Mental Health Support Solutions. Our business model across EHS and DHS is focused on our ability to support individuals where they are on their health journey. Our continued organic growth in our mental and physical health services reinforces this model and the need for managing health through navigation and coaching. Our financial performance in the period was impacted by the end of one-time mandates and COVID related government contracts. This overshadowed the growth and resilience of our recurring revenue core business. The Management team is committed to new client adoption and improved financial controls.”

John Plunkett, CFO of CloudMD commented,
“We’ve set multiple strategic priorities for the Company to reach profitability. We are driving organic revenue growth while eliminating costs from the business. In the third quarter, we saw our use of cash reduce significantly compared to the previous quarter. We’ve identified an additional $6 million in total cost savings that we will begin to realize in the fourth quarter, with the full run-rate expected in early 2023. Subsequent to quarter end, we have improved our balance sheet from our divestiture activities and are working hard to move CloudMD to profitability. This demonstrates our disciplined and focused approach to growth within our core businesses.”

Third Quarter 2022 Financial Highlights
- Q3 2022 revenue from continuing operations was $27.5 million, compared to $28.9 million in Q3 2021. Third quarter revenue does not include revenue generated from the Clinics & Pharmacies division as well as Cloud Practice, which are classified as discontinuing operations. Including discontinued operations, revenue in the third quarter would be $38.2 million, which was impacted by the end of one-time Covid-19 testing contracts, changes to the Ontario Health contract, as well as lower Vision Pros revenue.

- Q3 2022 gross profit margin1 was 34.5% compared to 31.0% in Q2 2022 and 36.1% in the third quarter of 2021. The margin improvement from Q2 to Q3 reflects the Company’s strategy to divest non-core assets, which have lower overall gross profit margins.

- Net comprehensive loss attributable to equity holders of the Company in Q3 2022 was $94.8 million or $0.32 per share, compared to a loss of $5.8 million or $0.02 per share in Q3 2021. The larger loss per share was driven by an $84 million impairment of goodwill.

- Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (“Adjusted EBITDA”)2 was negative $3.0 million Q3 2022, compared to negative $3.2 million in Q2 2022 and Adjusted EBITDA of $0.9 million in Q3 2021. The lower revenues were offset by an improving overall cost structure.

- Cash and cash equivalents were $27.5 million as of September 30, 2022, compared to $45.1 million on December 31, 2021. Use of cash in the third quarter was $2.2 million, a significant improvement from the use of cash in the second quarter of 2022.

- During the third quarter, CloudMD experienced a triggering event due to sustained decreases in the Company’s share price, prompting an accounting related impairment assessment of goodwill and long-lived intangible assets. As a result of the assessment, the Company recorded a non-cash accounting impairment charge of $83.9 million in the third quarter of 2022. The assumptions used in the impairment analysis included discount rates that reflect higher interest rates, market volatility and the company risk premium compared to our valuation as at December 31, 2021. The impairment does not reflect a change in the Company’s outlook which is focused on growth, expanding profitability and cash flow.

Third Quarter & Subsequent Corporate Highlights
- On July 13, 2022, the Company added telemedicine services for primary care health navigation to Kii personalized & connected care offering. The services are led by nurses and nurse practitioners which provide fast access to a wide variety of primary care services and treatments and overall health and wellness support for employees and their family members, all from one connected offering.

- On July 22, 2022, the Company announced that it finalized the review and settlement of VisionPros, its online vision care platform. The settlement was reached with the former owners of VisionPros and reduces the purchase consideration paid for VisionPros by $12.6 million and also removes any future earnout payments.

- On July 25, 2022, the Company sold its 51% share ownership in West Mississauga Medical Ltd. (“West Mississauga”), which was acquired in February 2021.

- On August 11, 2022, the Company appointed Karen Adams as Chief Executive Officer and John Plunkett as Chief Financial Officer.

- On August 17, 2022, the Company provided a business update on customer momentum and the TAiCBT Ontario Government contract.

- On October 11, 2022, the Company announced the divestment of its primary care clinics and Cloud Practice to WELL Health for approximately $5.75 million in cash. CloudMD will retain ownership of its online patient portal, MyHealthAccess, and will retain the right (under a license granted by WELL at closing of the Transaction) to use Juno EMR, which have both been integrated into its Kii Personalized & Connected Care offering. The transaction subsequently closed on November 2, 2022.

- On October 31, 2022, the Company announced the sale of its two brick and mortar Pharmacies to Neighbourly Pharmacy Inc. for approximately $3.8 million in cash. The transaction is subject to satisfying closing conditions, and closing is expected to occur in the fourth quarter of 2022.

Outlook
The Company continues to deliver on the value proposition of offering comprehensive solutions that create access to care, leading to better health outcomes. Through its team-based, patient-centric approach, CloudMD provides a connected platform for patients, healthcare practitioners, and enterprise clients to address whole-person, coordinated care.

CloudMD remains focused on its strategic priorities for the remainder of the year
- (1) through its strong sales pipeline, continuing to diversify and grow its client base within its EHS and DHS divisions by direct sales to new customers, enhancing relationships with channel partners and cross selling its established suite of products
(2) driving continuous operational excellence and improvement across the organization to improve productivity, product quality and consistency, and lower customer acquisition costs;
(3) delivering a diligent path to profitable financial sustainability and focus on delivering consistent financial performance across all divisions of the organization; and
(4) continuing to develop corporate governance to support the Company’s growth.

Selected Financial Information
Please read the FULL REPORT at:
https://finance.yahoo.com/news/cloudmd-reports-third-quarter-2022-221200015.html

Chinasoft International joins hands with Hongqi Intelligent to jointly develop the localization track of smart mobility.

Source
https://www.chinasofti.com/news/2511.htm

November 15, 2022

Chinasoft International recently signed a cooperation agreement with Hongqi (Dalian) Intelligent Technology Co., Ltd. on the overall solution of the interactive overall solution of the Hongqi smart charging pile screen. The company will take the intelligence and network connection of new energy vehicle charging piles as the entry point, and join hands with Hongqi smart charging piles to create a new scene of independent and controllable smart charging, and make a strong layout of the localization track of smart travel to provide users with a full range of high-quality experience.

Under the tuyere of "new infrastructure", the development of the new energy vehicle industry has ushered in spring, and the vehicle power industry chain including vehicle power supplies, charging pile power modules, charging pile connectors and charging pile cables has grown rapidly. Charging infrastructure, as one of the seven "new infrastructure" industries, has very broad development prospects. This cooperation is a strong alliance between the company and Hongqi Smart under the wave of new infrastructure construction, and it is another major breakthrough for the company in the field of new energy charging piles and the open source Hongmeng intelligent networking industry. Based on the principles of complementary advantages, mutual benefit, and ecological co-construction, the company and Hongqi Intelligent will rely on Chinasoft International's advantages in open source Hongmeng Smart IoT to empower smart travel fields such as new energy vehicle charging piles, and jointly promote the open source Hongmeng Smart Connect The industrial ecological layout of the Internet in related fields.

Chinasoft International will join hands with Hongqi Intelligent to create a benchmark for domestic new energy vehicle charging piles, and will further deepen cooperation with Hongqi Intelligent in other fields such as energy intelligent networking and new infrastructure, and broaden the space for growth of cooperation between the two parties. The company will further integrate the open source Hongmeng ecology represented by KaihongOS with smart travel and energy smart networking industries, and build end-to-end independent, safe, and controllable industry solutions through localization, modularization, and systemization, and improve the quality of related localized products. Competitiveness, continue to enhance the company's product innovation capabilities in the smart travel and energy smart networking industries, promote the construction of domestic smart networking as the core, and continue to develop new infrastructure.

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Why Smart Mirrors are Essential for Savvy Homeowners.

Source
https://capstoneconnected.com/why-smart-mirrors-are-essential-for-savvy-homeowners/

November 7


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CloudMD Closes Divestment of Primary Care Clinics and Cloud Practice to WELL Health.

Source
https://finance.yahoo.com/news/cloudmd-closes-divestment-primary-care-113000610.html

November 2, 2022

CloudMD Software & Services Inc. (TSXV: DOC, OTCQX: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a healthcare technology and innovative health services company transforming the delivery of care, is pleased to announce that it has closed the previously announced divestiture of its primary care clinics and Cloud Practice to Well Health Technologies Corp. (TSX:WELL, OTCQX: WHTCF) (“WELL”) for approximately $5.75 million in cash.

The closing of this transaction with WELL and the recently announced divestment of the pharmacy assets to Neighbourly Pharmacy Inc. (TSX:NBLY), is meaningful progress against CloudMD’s objective of divesting its entire Clinics & Pharmacies division. The Company is focused on the growth of its core employer healthcare offering. The Clinics & Pharmacies division, including the practitioner support technology, is not supportive of that growth and does not fit in CloudMD’s overall strategy of delivering a higher margin, profitable business long-term. The divestitures provide significant non-dilutive capital and a more focused business.

About CloudMD Software & Services
CloudMD is transforming the delivery of healthcare using technology and by providing a patient-centric approach, with an emphasis on continuity of care. By leveraging healthcare technology, the Company is building one, connected platform that addresses all points of a patient’s healthcare journey and provides better access to care and improved outcomes. Through CloudMD’s proprietary technology, the Company delivers quality healthcare through a holistic offering including hybrid primary care clinics, specialist care, telemedicine, mental health support, healthcare navigation, educational resources, and artificial intelligence (AI). CloudMD’s business is separated into three main divisions: Clinics and Pharmacies, Digital Solution and Enterprise Health Solutions, the Company’s fastest growing division. CloudMD’s Enterprise Health Solutions Division has built a leading employer healthcare solutions, including its Comprehensive Integrated Health Services Platform, which offers one comprehensive, digitally connected platform for educational institutions, corporations, insurers, and advisors to better manage the health and wellness of their students, employees, and customers.

CloudMD currently services a direct ecosystem of over 5,700 clinicians including, 1,800+ mental health practitioners, 1,600+ allied health professionals, 1,400+ doctors and nurses and covers 12 million individual lives across North America.
For more information visit:
https://investors.cloudmd.ca/

ON BEHALF OF THE BOARD OF DIRECTORS
“Karen Adams”
Chief Executive Officer

FOR ADDITIONAL INFORMATION, CONTACT:
Julia Becker
VP, Investor Relations
julia@cloudmd.ca
(604) 785-0850

Foshan Chancheng District Government, Huawei and Chinasoft International join hands to launch Chancheng Industrial Internet Innovation Center.

Source
https://www.chinasofti.com/news/2510.htm

November 11, 2022

On November 9th, the launching ceremony of the Foshan Innovation Center Special Session of Huawei Connect Conference 2022-Huawei (Chancheng) Industrial Internet Innovation Center was successfully held in the Science and Technology Industrial Park of Foshan High-tech Zone, jointly built by the Chancheng District Government, Huawei, and Chinasoft International The Huawei (Chancheng) Industrial Internet Innovation Center was officially launched.

Tripartite Co-construction: Building an Accelerator for Digital and Intelligent Transformation of the Manufacturing Industry.
In March 2022, the People's Government of Chancheng District, Foshan City signed a strategic cooperation agreement with Huawei and Chinasoft International. According to the agreement, the three parties will jointly build the Huawei (Chancheng) Industrial Internet Innovation Center, forming a unified goal in the three development sectors of "industrial upgrading, industrial cultivation, and industrial fertile soil", and assisting the digital transformation of enterprises in Chancheng District, Foshan City.

The mission of Huawei (Chancheng) Industrial Internet Innovation Center is to build a digital Chancheng, and it is positioned as an accelerator for the digital and intelligent transformation and upgrading of Chancheng's manufacturing industry. In the early stage of the launch, the work team of Huawei (Chancheng) Industrial Internet Innovation Center focused on industrial clusters such as electronic information, high-end equipment, new materials, and biomedicine. Second-rate.

Zeng Xiande, chief economist of the Chancheng District Economic and Science and Technology Promotion Bureau, said that Chancheng has always insisted on developing an industrial Internet ecosystem in recent years to promote economic transformation and upgrading in our district. Huawei's first industrial Internet innovation center in Foshan officially settled in Foshan High-tech Industrial Park, which has far-reaching significance. The innovation center will help to build Foshan's digital economy innovation cluster into a national digital government reform and innovation benchmark, a new platform for digital industrialization in the Greater Bay Area, and an industrial digital demonstration area on the west bank of the Pearl River.

Li Zixu, deputy general manager of Huawei Guangdong Government and Enterprise, said that the future innovation center will take the industrial Internet as a new starting point and breakthrough point, "think what the company thinks and do what the company says", and deeply integrate technology with the scene of digital transformation of local enterprises , accumulation and iteration, gather software ecological partners and local enterprise representatives to discuss the development direction and future opportunities of digital transformation of the industry, find opportunities for the integration of digital technology with the industry scene of local enterprises in Chancheng, and release the digital productivity of enterprises in Chancheng. Help the high-quality development of Chancheng industry.

Yan Guodong, general manager of the ISV customer sales department of Chinasoft International Cloud Intelligence Business Group, said that the innovation center, as a key introduction project in the innovation cluster, will adhere to the mission of building a digital Chancheng in the next cooperation, deepen the exchange and cooperation between the government and enterprises, Link more local enterprises and ecological partners to accelerate the construction and development of digital industrialization and industrial digitization in Chancheng District. Chinasoft International will give full play to its professional operation capabilities and cloud management service capabilities, promote the "cloud and platform" of Foshan Chancheng enterprises, and build a digital industry ecosystem in Chancheng.

Looking forward to the future: jointly write a new chapter in the development of Chancheng's digital economy.
The 2022 Foshan Municipal Government Work Report proposes to promote the integrated development of the digital economy and the real economy, and support the creation of a digital economy innovation cluster in Chancheng District. As a strong center of Foshan, Chancheng will be based in Foshan and radiate to the Bay Area, seize the opportunity of digital economy development, intensively deploy digital transformation, cultivate and build a 100 billion-level digital economy industrial cluster, and empower the digital transformation of Foshan's trillion-dollar manufacturing industry. Make new contributions to Foshan's pursuit of the leader in high-quality development of local-level cities.

Huawei (Chancheng) Industrial Internet Innovation Center takes the Industrial Internet as a new starting point and breakthrough point, brings together industry ecological partners and local enterprise representatives, and accelerates collaborative innovation with the cooperation concept of openness, inclusiveness, sharing and co-creation, and seeks transformation by "riding the wind and waves". "Gathering all the forces" to promote development, and strongly boost the development of the digital economy in Chancheng District. Looking forward to the future, I believe that Chancheng District and even Foshan City will become a super incubator for the digital economy.

Chinasoft International@Huawei Connect Conference 2022: Join hands with digital transformation to face the challenges of the times.

Source
https://www.chinasofti.com/news/2509.htm

November 10, 2022

From November 7th to 9th, Huawei Connect Conference 2022 will be held online. At the same time, Huawei announced the 2022 Excellent Partner Award on the official platform. The award aims to recognize partners who have made outstanding contributions. Chinasoft International finally won the "Excellent Global Partner" award.

In the long journey of digital transformation, Chinasoft International, as a participant, builder and coordinator of the digital ecology, has always stood with its partners, always aims to achieve customers, and always bears in mind Chinasoft International's "digital transformation" As a "service expert", he deeply cultivates the industry and blossoms in multiple locations, providing customers with multi-dimensional and full-scenario digital transformation services, and joining hands to face the challenges of the times.

Chinasoft International Consulting Service focuses on key industries, builds industry Know-how consulting capabilities, and maintains long-term cooperation with customers. It has accumulated rich industry experience and can provide customers with professional, full-chain and full-stack consulting services on a global scale. Customers can effectively improve the operating efficiency of enterprises.

Based on its own industry expertise and technical expertise, as well as the efficient data governance capabilities of the self-developed product "Chinasoft International Data Tower" driven by data governance and data operation, Chinasoft International Consulting Services has become an important part of government affairs, finance, transportation, Digital transformation experts in manufacturing, information technology and other fields, and according to the characteristics of customers in various industries, provide customers with customized solutions based on their own business value enhancement and management efficiency optimization, which are highly recognized by the industry and customers.

Chinasoft International's smart factory solutions are based on the Internet of Things, artificial intelligence, and big data technologies, and are adapted to the new generation of 5G communication networks to provide safe production, cost reduction, efficiency enhancement and business innovation for customers in industries such as steel, nonferrous metals, coal, electricity, machining and manufacturing. Provide edge intelligent application services of field-level operation intelligence management, equipment intelligence maintenance, production intelligence transformation and data intelligence use, and get through the last mile of the digital transformation of industrial enterprises.

Chinasoft International Software Factory focuses on customer quality, schedule, cost and other demands, and provides customers with end-to-end IT service solutions through the integrated operation of "software engineering consulting services + digital R&D equipment + software delivery and implementation", which is the digital transformation of customers. A software lean and intelligent manufacturing factory that saves worry, effort and money in the process.

Chinasoft International's cloud intelligence business relies on Chinasoft International's more than 20 years of experience in government, finance, telecommunications, Internet, manufacturing, energy and many other industries. Customers provide cloud service capabilities covering the whole life cycle such as cloud consulting, cloud migration implementation, cloud operation and maintenance, cloud management, cloud operation, etc., continue to provide government and enterprise customers with leading cloud platform products and cloud solutions, and help enterprises to get good cloud, Make good use of the cloud and manage the cloud well.

Chinasoft International Intelligent Internet of Things Corps is committed to becoming an expert in the construction of independent innovation of the Internet of Things, promoting the construction of the Internet of Things in thousands of industries with open source Hongmeng technology, and building end-to-end AIoT industry solutions through localization, modularization and systematization. One-stop service from solutions to end-to-end delivery, forming a comprehensive service system covering "cloud-pipe-side-end", enabling water conservancy, transportation, environmental protection and other industries, as well as large and small home appliances, sports health and other industries with efficient digital intelligence upgrade.

With the vision of digitizing and intelligently changing the production and lifestyle of human beings, Shenzhen Kaihong focuses on the research and development and continuous innovation of independent software root technology, with the goal of creating the core technology of the Internet of Everything, defining the standards of the Internet of Everything, and leading the development of the era of the Internet of Everything. Continue to deepen the “(1+1)×N” strategic layout, empower eight major industry scenarios, including smart infrastructure, smart health care, smart energy, smart transportation, smart manufacturing, smart government affairs, smart finance, and smart education, and truly realize the era of intelligent connectivity of all things "Link" and "Intelligence" boost the digital and intelligent upgrading of the industry.

As a pioneer in the era of the Internet of Everything, Shenzhen Kaihong closely follows the national strategic policy and is committed to building a digital security base for thousands of industries and industries with KaihongOS and a super device management platform, creating the "power of the country" in the era of the Internet of Everything, and building a solid foundation for the digital economy. Safety barriers, and work with industry partners to release the intelligent productivity of thousands of industries.

Relying on Chinasoft International's IT service capabilities, Jiefang Hao gives full play to its digital empowerment capabilities, gathers rich industrial ecological resources, adheres to the innovative service model of "service + platform + ecology", and provides digitalization covering "plan, procurement, construction, delivery, and operation". The whole-process service system and the establishment of a personal service model of project stewardship service escort the digital transformation of government and enterprises.

Chinasoft International Financial Services provides IT services and business innovation to global financial customers, including technical capability services, industry solutions, business consulting and innovation cooperation. The main products and solutions involve payment and settlement, transaction banking, risk management, credit operations, data intelligence and many other fields, and provide end-to-end integrated services from consulting, implementation to operation and maintenance in line with the digital transformation strategy of customers in the financial industry. While accumulating a large number of successful cases and practical experience, we continue to promote the innovation and development of cloud services, data middle platform, digital currency, mobile finance, automated testing, and localization of Xinchuang to build a multi-domain, full-ecological service system .

Based on the four levels of students, teachers, majors and industry, Chinasoft International Education builds an education digital platform from the dimensions of teaching, experimental training, vocational certification, scientific research competitions, and job-seeking promotion, and launches Zhiyun series products to help colleges and universities in all aspects Education digital construction. At the same time, through in-depth cooperation with industry ecological partners, jointly build an industry innovation center, introduce the real production environment, application platform, and application scenarios of the industry into colleges and universities, transform them into practical teaching scenarios, and jointly cultivate people who can understand the industry, solve specific problems, High-quality talents with innovative ability.

Tackling Wisdom and Connecting Roots Technology to Build a New Industry Ecology | Chinasoft International and Shenzhen Kaihong Debut at Huawei Developer Conference 2022.

Source
https://www.chinasofti.com/news/2508.htm

November 9, 2022

From November 4th to 6th, 2022, the 4th Huawei Developer Conference 2022 (Together) was grandly opened in Songshan Lake, Dongguan. Chinasoft International joined hands with Shenzhen Kaihong to attend this conference, focusing on industry challenges and cutting-edge trends, jointly building a safe and reliable digital base that enables thousands of industries and industries, creating a "national weapon" for the intelligent connection of all things, and changing human production and production with digitization and intelligence. Lifestyle, providing more efficient, agile and low-cost solutions for the industry to build the Internet of Things, and leading the independent innovation of the Internet of Everything.

Tackling Wisdom Connecting Roots Technology - Casting the "Heavy Weapon of the Country" in the Age of Digital Intelligence.
On November 5th, Peng Jiang, Senior Vice President of Chinasoft International Co., Ltd. and Supervisor of Shenzhen Kaihong Digital Industry Development Co., Ltd., appeared in the Songhu Dialogue with the theme of "Building a Digital Base for Thousands of Industries". He said that based on OpenHarmony, Shenzhen Kaihong focuses on core technology R&D and innovation, promotes product implementation, and actively expands the ecosystem. Currently, it has launched innovative products and smart solutions in the fields of transportation, health care, finance, and education. In terms of talent ecology construction, Shenzhen Kaihong realizes the prosperity and development of industrial technical talents and applied talent ecology by deepening the integration of production and education and building school-enterprise cooperation. At the same time, the promotion of national policies has brought a rare development opportunity for the software industry. Shenzhen Kaihong will, as always, closely follow the national strategic policy and the requirements of "accelerating digital development and building a digital China" in China. The ×N" strategy enables the digital base of thousands of industries and industries, tackles the rooted technology of intelligent connection, builds the "power of the country" in the era of intelligent connection of all things, and works with industry partners to release the intelligent productivity of thousands of industries and industries.

Gather the power of ecology with openness - Promote a new benchmark for industrial development
On the morning of November 5th, at the Digital Government sub-forum, a forward-looking round table discussion was held with the theme of "OpenHarmony Empowers Thousands of Industries - A New Model of Smart Health Care", hosted by Wu Haijun, Vice President of Huawei's Whole House Smart Product Line Xiao Ran, Vice President of Huawei Strategic Research Institute and Director of Huawei's Standards and Industrial Development Department, Wang Chenglu, CEO of Shenzhen Kaihong, Zhang Shuaiyi, Chief Health Director of Shenzhen Happiness and Health Industry Group and General Manager of Shum Yip Health, Shenzhen Furniture Industry Association Chairman Hou Kepeng and other experts and scholars gathered together to discuss the new model of development with wisdom and wellness as the starting point in the context of the era of the Internet of Everything.

Dr. Wang Chenglu said that with the implementation of the "(1+1)×N" strategy in many fields, SZK has gradually explored the innovative development model of "partner + business + standard". Huawei, Shum Yip Health, Furniture Association and other partners cooperate closely, and as open source Hongmeng Ecological full-stack enabling partners, cooperate with thousands of industries to carry out ecological cooperation; in terms of commercial applications, face the actual scenarios, dig deep into the pain points, and continue to practice and innovate , work with partners to build industry benchmarks; in terms of standard construction, work with industry associations to promote industry standard construction and accelerate the marketization of smart industries.

Build a solid industry safety base - Empowering the era of digital intelligence economy
On the afternoon of November 5, Chinasoft International and Shenzhen Kaihong, as Huawei's diamond partners, were invited to attend the media conference to showcase new applications and new achievements.

Zhou Zixiang, president of Shenzhen Kaihong, attended the media conference and shared the theme of "Shenkaihong empowers the industry and builds the future together". He said that "connection (connecting all things)" and "wisdom (wisdom all things)" have become all things The core of the development of the era of intelligent connection requires us to take root in business scenarios, combine core technologies with industry pain points, promote the intelligent transformation of thousands of industries, and jointly move towards the intelligent connection of all things. At the same time, Shenzhen Kaihong closely follows the national policy direction, takes the security construction of national key information infrastructure as its own responsibility, builds the industry security base with KaihongOS and super equipment management platform, builds a security barrier for the digital economy base, and boosts the entire Internet of Things industry. The long-term and healthy development of the ecology.

Shenzhen Kaihong aims to build the core technology of the Internet of Everything, define the standards of the Internet of Everything, and lead the development of the era of the Internet of Everything. , smart manufacturing, smart government affairs, smart finance, smart education and other eight industry scenarios, truly realize the "connection" and "intelligence" in the era of intelligent connection of all things, and promote the digital and intelligent upgrade of the industry.

Deepen the "(1+1)×N" strategy - Build an industry-leading ecosystem.
Zhang Zhaosheng, CTO of Shenzhen Kaihong, shared many of the achievements of Shenzhen Kaihong in the financial industry at the financial forum of this conference. He said that under the trend of financial intelligence innovation, Shenzhen Kaihong is actively deploying wisdom based on the current development status of the financial industry. In the financial industry, aiming at secure payment, intelligent interconnection of equipment, and user experience improvement, it has deeply cultivated key core technologies, and has carried out many explorations in the fields of Internet of Things finance, pan-finance, and digital payment, helping to promote the implementation of smart financial application scenarios. In the future, Shenzhen Kaihong will focus on KaihongOS and the super equipment management platform to empower the financial industry, and join hands with more partners to build a new ecosystem for the financial industry.

In addition, Zhu Yue, director of Shenzhen Kaihong Transportation Solutions, also shared the achievements of Shenzhen Kaihong in the field of smart transportation in the transportation forum. He mentioned that the “(1+1)×N” strategy of Shenzhen Kaihong enables the construction of smart highway tunnels , build a "smart tunnel" solution with KaihongOS and super equipment management platform to realize the whole chain intelligent management from operation and maintenance, intelligent alarm to emergency disaster recovery. In the future, Shenzhen Kaihong will continue to build a safe and reliable industrial ecology in the field of highways, and is committed to promoting the construction of industry standards and helping highway construction to develop towards high quality.

Force independent innovation and intelligent networking - Build a multi-layered business landscape.
Huang Zhihang, general manager of the Marketing Department of Chinasoft International Intelligent Internet of Things Corps, gave a keynote speech on "The Road of Independent Innovation in the Digital Age" at the media conference. He said that Chinasoft International Intelligent Internet of Things Corps is committed to becoming an expert in the construction of independent innovation of the Internet of Things, promoting the construction of the Internet of Things in thousands of industries with open source Hongmeng technology, and building end-to-end AIoT industry solutions through localization, modularization and systematization, providing From full-scenario solutions to end-to-end delivery of one-stop services, a comprehensive service system covering "cloud-pipe-side-end" is formed to solve the challenges of traditional IoT, such as many security risks, troublesome data silos, and difficult application collaboration.

The Honglian joint venture created by Chinasoft International aims to comprehensively serve the intelligentization of products and help the independent innovation and development of the industry. It uses open source Hongmeng technology to empower industries such as water conservancy, transportation, environmental protection, as well as industries such as large and small household appliances, making the construction of the Internet of Intelligence more convenient. Safe and controllable, more personalized, more agile and flexible, more global intelligence, more efficient and cost-effective. GitOK Honglian's independent innovation intelligent networking ecological operation platform is driven by demand, takes scenarios as the path, takes the government as the guide, and takes the region as the unit to connect and serve the north-south ecology of the independent innovation of intelligent networking. The platform relies on the independent innovation AIoT ecological service data base represented by Kai Hongmeng, and builds eight core libraries such as chips, open source components, Kaihong OS, and solution solutions, combined with Kaihong OS customization capabilities, ecological integration capabilities, and solution dismantling capabilities.
Large core capabilities, focusing on four major scenarios including product manufacturing, marketing, connection management, and operation, to achieve full-scenario product life-cycle management, reduce R&D costs, and enhance core competitiveness. The ecological platform brings together the elements of regional industrial development, connects supply and demand, and helps the region to build characteristic industries. The GitIoT Honglian independent innovation intelligent networking development and application platform uses cloud-native digital base, low-code application development, micro-services, device connection management, data visualization and other technology suites to achieve agile and low-cost development, and quickly create independent innovative intelligent networking solutions.

Continue to contribute ecological power - Promote the implementation of innovative applications in the industry.
In the exhibition area, in the digital intelligence empowerment exhibition hall built by Chinasoft International and Shenzhen Kaihong, the core display of Shenzhen Kaihong's "(1+1) × N" strategy, ecological co-construction picture, as well as smart transportation, smart finance, smart education Product applications and solutions in other scenarios; and displayed hardware and ecological products such as smart IoT modules and SoC solution boards, as well as product intelligent upgrades, domestic smart Internet construction solutions and related typical cases, all-round and multi-angle display The corporate strength of Chinasoft International and Shenzhen Kaihong and their innovative practices in the field of open source Hongmeng.

At the Hongmeng Ecological Partner Conference and Award Ceremony, Chinasoft International and Shenzhen Kaihong won the "Hongmeng Enabling Contribution Award" for their technological innovation in the field of intelligent Internet of Things and their outstanding achievements in the open source Hongmeng ecological construction. Both parties will continue to contribute to the power of ecological partners. , to draw a grand blueprint for the cause.

In the future, Chinasoft International will continue to join hands with Shenzhen Kaihong to tackle the "root technology" of the Internet of Everything, lead the development of the industry, build a secure foundation for the industry, and work with industry partners to create a new pattern of co-discussion, co-construction and sharing of the ecology, and create an era of the Internet of Everything." At the same time, Chinasoft International will continue to optimize and strengthen platforms, products and services, link the software and hardware ecosystem downward, focus on application scenarios upward, link customer needs, build independent innovative intelligent networking construction solutions, and solve problems for customers. Empower thousands of industries to prosper and develop.

Huawei's 2022 Partner Awards are officially announced! Chinasoft International won the honor of "Excellent Global Partner"

Source
https://www.chinasofti.com/news/2507.htm

November 9, 2022

On November 7, the Huawei Connect Conference 2022 was grandly opened. The theme of the conference was "Unleashing Digital Productivity", and ICT industry leaders and global partners were invited to gather together to discuss the theme of promoting the digital transformation of the industry. During the meeting, the "Huawei 2022 Excellent Partner Award" was officially announced, and Chinasoft International, as an important local strategic partner, was awarded the "Excellent Global Partner" award.

The "Huawei Excellent Partner of the Year Award" is a company-level award set up to recognize partners with outstanding contributions. In 2022, a total of 18 awards will be selected, and a total of 65 partners will be awarded. As one of the most important awards, only two partners have won the "Excellent Global Partner".

As an industry-leading software and information service company, Chinasoft International has become the 80th Gartner global ITS service provider after 22 years of development, and is the fastest-promoting Chinese company. Chinasoft International, together with Huawei and other strategic partners, has taken root downwards and penetrated the sky upwards. By building a digital base of root technology, it will empower thousands of industries, prosper the ecosystem of technology and partners, and help China's digital transformation.

As an industry-leading software and information service company, Chinasoft International has become the 80th Gartner global ITS service provider after 22 years of development, and is the fastest-promoting Chinese company. Chinasoft International, together with Huawei and other strategic partners, has taken root downwards and penetrated the sky upwards. By building a digital base of root technology, it will empower thousands of industries, prosper the ecosystem of technology and partners, and help China's digital transformation.

Chinasoft International will firmly work with Huawei in the digital age. Taking smart campuses, smart offices, smart education, smart campuses, and smart cities as entry points, we will jointly provide industry customers with comprehensive and efficient digital transformation solutions and services. Digital transformation of government and enterprises. Based on the ecological concept of "jointly building a cloud ecosystem, and achieving a win-win future on the cloud", Chinasoft International has continued to innovate with Huawei and partners to create a full-stack cloud service platform of "cloud, cloud management, and cloud native"; it provides consulting, Cloud management services covering the entire life cycle of customers such as integration, migration, operation and maintenance. Through complementary advantages, we provide industry Know-How to help government and enterprise customers accelerate transformation and innovation.

Chinasoft International is deeply honored to receive this award. Everything in the past is a prelude. The company will continue to deepen the strategic partnership with Huawei, give full play to the professional IT service capabilities accumulated over the years, and work with Huawei to develop together in the fields of enterprise digital transformation, cloud management services, and intelligent Internet of Things, and jointly deploy the world. Ecology, promote the integrated development of the digital economy and the real economy, and fully release digital productivity.

Chinasoft International & Shenzhen Kaihong won the Hongmeng Enabling Contribution Award | Continue to contribute to the power of ecological partners to draw a grand blueprint for the cause.

Source
https://www.chinasofti.com/news/2506.htm

November 9, 2022

From November 4th to 6th, Huawei Developer Conference 2022 will be held in Songshan Lake, Dongguan. Many industry elites and ecological partners attended the event to showcase industry innovations and decode industry trends and future development. Through keynote speeches, themed exhibition hall displays, online and offline interactive experiences, etc., the conference brought participants innovations in Hongmeng distributed capabilities, atomic services, AI, maps, audio and video, privacy and security and other technological innovations, in five scenarios. innovative experience and new open capabilities.

Chinasoft International and Shenzhen Kaihong were invited to attend this conference, and at the Hongmeng Ecological Partner Conference and Award Ceremony, they won the "Hongmeng Enabling Contribution Award" for their technological innovation in the field of intelligent Internet of Things and their outstanding achievements in the open source Hongmeng ecological construction.

The conference revealed that the Hongmeng system has grown into the most viable ecosystem, with 320 million terminal devices and over 250 million Hongmeng Zhilian products shipped. The open source Hongmeng project ranks first in the Gitee index with 5,000+ community code contributors. It is one of the open source projects with the highest code iteration rate and community activity on the current code cloud platform.

The achievements and development of Kaiyuan Hongmeng business today are inseparable from the unremitting efforts and continuous contributions of its peers. Since 2012, Chinasoft International has fully participated in the early research and development of Kaiyuan Hongmeng; in August 2019, based on Kaiyuan Hongmeng, a business ecological team was established; in September 2020, the Honglian joint venture brand was created; in January 2021, Chinasoft International has become a platinum donor of the Open Atom Open Source Foundation, a category A donor of OpenAtom OpenHarmony (hereinafter referred to as “OpenHarmony”), and actively participates in the co-construction of the open source ecosystem; in July 2021, Chinasoft International and Huawei signed a Hongmeng ecological cooperation agreement; 2021 In August, Shen Kaihong was established to focus on the development of KaihongOS and build a digital base in the field of intelligent IoT; in August 2022, an intelligent IoT army was established, dedicated to becoming an expert in independent innovation of intelligent IoT construction, and promoting thousands of industries with open source Hongmeng technology Intelligent IoT construction provides customers with multi-level and all-round end-to-end integrated delivery services covering IoT products, services, and software applications.

After ten years of accumulation and continuous exploration and innovation, Chinasoft International and Shenzhen Kaihong have made great achievements in the joint construction of the open source Hongmeng ecosystem.

In terms of brand building, Chinasoft International established Shenkaihong and jointly launched a new strategy of "(1+1)×N", which is oriented towards the needs of the intelligent connection of all things. Based on the open source Hongmeng, a KaihongOS base and a super device management platform are aggregated into scenarios. Super equipment solutions, empowering multiple industry scenarios; creating brands such as Intelligent IoT Corps and Honglian Chuangying, and successively launching Honglian Chuangying in Wuzhen, Zhengzhou, Suzhou, Yancheng, Zhongshan and other cities to provide local customers Open source Hongmeng is the core of independent innovation AIoT ecological development enabling, releasing and empowering.

In terms of ecological co-construction, Chinasoft International, together with Shenzhen Kaihong and Tianjin Municipal Government, signed a tripartite strategic cooperation agreement to build the "Open Source Harmony City in the North"; build the "Jinhong" system in Tianjin Port, and released the "Intelligent Manufacturing Operation in Tianjin" System Technical Specifications and Standards"; relying on Shenzhen Kaihong, build a smart port global innovation laboratory with Huawei, leading port enterprises, scientific research institutes, etc., to empower the digital and intelligent development of smart ports.

In terms of product innovation, the Honglianchuang independent innovation AIoT platform created by Chinasoft International is based on the open source Hongmeng technology, uses the GitOK ecological platform to promote the handshake of supply and demand, and explores a new mode of docking services for independent innovation of the north-south ecology of the intelligent Internet; develop applications through GiTIoT The platform enables agile and low-cost development in the industry with technologies such as cloud-native digital base, low-code application development, and micro-services. Relying on Shenzhen Kaihong, it is the first to launch KaihongOS distribution for the financial industry and commercial display industry, and a variety of cooperative commercial equipment has been launched. And passed the OpenHarmony compatibility test.

In terms of talent training, relying on the Honglian Joint Venture Center, it cooperates with local bureaus of industry and information technology, universities and other units to carry out open source Hongmeng technical personnel training, and issues technical certification certificates to talents who pass the exam to help local Hongmeng ecological talent resource reserves and resources. Upgrading; Relying on Shenkaihong, reached a strategic cooperation agreement with Shaanxi Innovative Talents Development Research Institute, deeply integrating the innovative technology of KaihongOS and super equipment management platform with the development of the open source era, cultivating high-level compound talents, and promoting the sustainable development of the industry.

In terms of technical co-construction, OpenCV and Southern University of Science and Technology are specially invited to participate in the co-construction to increase the machine vision capabilities of OpenHarmony and realize the ultimate performance of OpenCV under the HyperTerminal. Cooperate with Beijing Institute of Technology, China University of Mining and Technology and other well-known universities and industry partners to jointly prepare the robot TSC project; relying on Shenzhen Kaihong, build 16 OpenHarmony community SIG groups, and deeply participate in the R&D and innovation of root technology fields such as kernel, soft bus, HDF, ArkUI, etc. .

The operating system provides a solid digital base for the intelligence of thousands of industries and is the key to promoting innovation in various industries and breaking the boundaries of development. Chinasoft International will continue to uphold its original aspiration, dig deep into the "root technology" of the Internet of Everything, and use scientific and technological strength to promote the new development of independent innovation and intelligent Internet of Things, strengthen and thicken Honglian, create GitOK and GiTIoT platform layers, empower production, and expand Link the ecology; create new industry standards, build a new ecological pattern, and nourish the prosperity and development of thousands of industries.

In the future, Chinasoft International will also join hands with Shenzhen Kaihong to continue to tackle the rooted technologies of intelligence, to build the "power of the country" in the era of intelligent connection of all things, and to work with industry partners to release the intelligent productivity of thousands of industries and become a co-creation partner for the digital transformation of government and enterprise customers. and preferred brands.

Hit the HDC2022 Songhu Dialogue: Build a Digital Base that Enables Thousands of Industries.

Source
https://www.chinasofti.com/news/2505.htm

November 9, 2022

On November 5, the "HDC Together" Songhu Dialogue of the 2022 Huawei Developer Conference was held in Dongguan. "Shen Kaihong") Supervisor Peng Jiang attended the event. The Songhu Dialogue was based on the theme of "Building a Digital Base for Enabling Thousands of Industries". Experts, scholars, and industry partners from all over the world gathered to explore topics such as industry progress, talent ecology, and policy orientation to explore the wisdom of thousands of industries. The way of transformation. During the period, Peng Jiang said that Shenzhen Kaihong will closely follow the national strategic policy, attack the rooted technology of intelligent connection, build the "power of the country" in the era of intelligent connection of all things, and work with industry partners to release the intelligent productivity of thousands of industries.

Deeply cultivate the technology of connecting all things with the root of wisdom, and build a new ecology of the industry.
At present, the society is entering the era of intelligent connection of all things, and open source has become a major trend of global digital technology innovation in the new era. Open source technology has subverted the traditional way of software development and service, and promoted the vigorous development of basic software in my country. As a pioneer in the era of the Internet of Everything, based on OpenHarmony, Shenzhen Kaihong has always focused on technology research and development and continuous innovation, actively expanding the ecosystem and promoting product implementation. At present, nearly 20 products of Shenzhen Kaihong have passed the OpenHarmony compatibility evaluation, and focusing on the "(1+1)×N" strategy, KaihongOS and super device management platform are used to build scenario-based super device solutions. Many exploration achievements have been made in the fields of transportation and health care.

Taking highway transportation as an example, because the underlying supervision equipment has not been interconnected, the probability of road tunnel accidents is high, the rescue is difficult, the equipment operation and maintenance efficiency is low, and the cost is high. Based on "(1+1) × N" Strategically build a smart highway tunnel solution, using the characteristics of KaihongOS distributed soft bus, near field communication, stable connection, flexible deployment, etc., unifying data standards, enabling equipment to achieve interconnection, and realizing remote operation and maintenance of tunnel equipment and intelligent rapid inspection. management, promote the efficient operation of tunnel equipment, and help highway construction develop towards high quality.

In terms of community contribution, he deeply participates in OpenHarmony open source community governance and actively contributes to the open source community. According to Peng Jiang, up to now, Shenzhen Kaihong has led 4 SIG groups of OpenHarmony, participated in the technical co-construction of 12 SIG groups, and contributed more than one million lines of code, second only to Huawei. Shenzhen Kaihong has contributed to the rapid construction of multiple versions of OpenHarmony capabilities, the improvement and optimization of the mainline core capabilities, and to promote the completion of OpenHarmony's basic capabilities and technological innovation to adapt to more hardware and software devices and support more abundant industry applications Scenes.

In terms of talent training, building a prosperous industry ecosystem requires breaking the bottleneck of talent supply. Peng Jiang said: "The operating system is the soul of software, the most important weapon of a great country, and also the 'killer' of major scientific research projects. Shen Kaihong not only wants to be a basic software platform in China, but also hopes to cultivate a large number of top talents in this process. , to promote the ecological construction of the basic software industry, and realize the prosperity and development of the ecology of industrial technical talents and application talents."

Shenkaihong has always been committed to becoming the "black land" of the talent ecology. In the process of cultivating talents, Shenkaihong deepens the integration of production and education, builds school-enterprise cooperation, and gives full play to the main role of technical and skilled personnel training and human resources development. Contribute to industry-related resources, and create new heights for talent training in terms of teaching equipment, teacher training, and training base construction. While continuously cultivating basic software talents in my country, co-building the OpenHarmony ecosystem requires all ecological partners to look at the world and make full use of policy support to attract top international talents.

Strengthen the national strategic policy to create the "power of the country" in the era of the Internet of Everything.
At present, as an important pillar of the digital economy, the software industry cannot develop steadily without the guidance of policies. The Ministry of Industry and Information Technology issued the "14th Five-Year Plan for Software and Information Technology Service Industry Development Plan", which proposes to implement the national software development strategy in depth, make up for shortcomings, forge long plates, improve the supply capacity of key software, and accelerate the prosperity of the open source ecosystem , consolidate the foundation of industrial development.

This year, Shenzhen insisted on first-in-class trials and demonstrations, and took the lead in proposing to build a global "Hongmeng Euler City", and released the "Shenzhen City's Action Plan for Cultivating and Developing Software and Information Service Industry Clusters (2022-2025)", "Shenzhen About Several measures to accelerate the cultivation of the Hongmeng Euler Ecosystem (Draft for Comment)” and other policy measures. These measures aim to further promote the self-reliance of key core technologies, promote the commercialization of the Hongmeng system, and actively seize the opportunities for new technologies and industrial upgrading in the era of the Internet of Everything. .

Shenzhen Kaihong is the co-builder of the open source Hongmeng ecosystem. The innovation momentum of Shenzhen's "Smart City", the government's policy opening and promotion, and the industry precipitation of Chinasoft International have driven Shenzhen Kaihong to become a leader in open source Hongmeng technology development and ecological construction step by step. Backbone. As a full-stack enabling partner of Open Source Hongmeng Ecology, a platinum member of the Open Atom Open Source Foundation, and a donor of OpenHarmony B, Shenzhen Kaihong continuously exerts its technical reserves and industrial capabilities in the field of digital economy, and is guided by the scene-based innovation of open source Hongmeng. Promote Shenzhen to build "Hongmeng Euler City".

The era of the Internet of Everything is coming, and new intelligent applications will usher in new development opportunities. Shenzhen Kaihong will closely follow the national strategic policy and the requirements of my country's "accelerating digital development and building a digital China". )×N” strategy enables the digital base of thousands of industries and hundreds of industries, tackles the technology of connecting the roots of intelligence, builds the “power of the country” in the era of intelligent connection of all things, and joins hands with industry partners to release the intelligent productivity of thousands of industries and industries, and become the co-creation of the digital transformation of government and enterprise customers. Partners and Preferred Brands.

Read Hongmeng in one article! The prototype of the Internet of Everything is emerging, and the commercial application of the open source Hongmeng industry is accelerated.

Source
https://finance.sina.com.cn/chanjing/gsnews/2022-11-07/doc-imqqsmrp5192275.shtml

November 7, 2022

Under multiple rounds of U.S. sanctions, in September 2019, Huawei surprised the world with its "spare tire" HarmonyOS operating system (hereinafter referred to as "Hongmeng"). Its development status and future success have always attracted attention from all walks of life.

After more than three years of development, what is the current ecological development of Hongmeng, how does Huawei's Hongmeng OS and the commercial distribution operating systems launched by Hongmeng ecological partners compete and develop, what problems are still facing the current development of Hongmeng, and where will Hongmeng's ecology go in the future?

From November 4th to 6th, Huawei Developer Conference 2022 was held in Songshan Lake, Dongguan. The reporters of Securities Times and e Company visited the scene and found a clue for everyone through extensive exchanges with Hongmeng ecological partners and developers.

The positioning of Huawei Hongmeng OS and open source Hongmeng is becoming clearer.
In September 2020 and May 2021, after Huawei donated the basic code of Hongmeng (hereinafter referred to as OpenHarmony or Kaiyuan Hongmeng) twice to the Open Atom Open Source Foundation, Hongmeng has transformed from an operating system originally owned by Huawei only. It has become an open source operating system. Since then, all developers and enterprises can participate in the co-construction of the Hongmeng ecosystem. This also means that Huawei's own Hongmeng system will compete on the same stage as the operating systems launched by other companies in the market.

However, as the developer of OpenHarmony and the continuous co-builder of the OpenHarmony ecosystem, Huawei obviously has an advantage in launching commercial distributions, so how will the commercial distributions released by the developers involved in the future based on open source Harmony compete with Huawei on the same stage ? Previously, Huawei, as well as inside and outside the industry, were not clear.

Now, after a few years of development, the positioning of Huawei Hongmeng and other commercial distribution operating systems based on open source Hongmeng has become increasingly clear.

"Huawei has the 'Hongmeng' brand, and 'ZaihongOS' is our distribution brand based on OpenHarmony, which means that Hongmeng is everywhere." said the above-mentioned person.

From this, it can be seen that the competition and cooperation relationship between Huawei and Hongmeng ecological partners in the field of Hongmeng ecology has become increasingly clear. Ecological partners can do it independently if they can promote it independently, and cooperate with Huawei Legion if they cannot promote it, and jointly expand under the empowerment of Huawei.

Since last year, Huawei has established a total of 20 armies, including Digital Finance Corps, Site Energy Corps, Machine Vision Corps, Manufacturing Industry Digital Systems Department and Public Utilities System Department, Coal Mine Corps, Customs and Port Corps, Smart Highway Corps, and Data Center Energy Corps and Intelligent Photovoltaic Corps, Electric Power Digital Corps, Government Affairs One Netcom Corps, Airport and Rail Corps, Interactive Media Corps, Sports Health Corps, Display New Nuclear Corps, Campus Corps, Wide Area Network Corps, Data Center Base Corps and Digital Site Corps.

Ren Zhengfei once defined the legion organization as follows:
through legion operations, the existing organizational boundaries are broken, resources are quickly assembled, interspersed with operations, efficiency is improved, a field is deeply and thoroughly understood, responsible for business success, and produce more food for the company.

The commercial landing of open source Hongmeng industry is accelerated.
According to the agreement, Huawei will continue to open up its technology and experience in operating system development and operation, and provide more than 20 enabling services, including industry insights, standard co-construction, software architecture consulting, and training empowerment, based on the actual demands of partners and the industry. , which provides end-to-end services from product planning, development, testing to launch operations, thereby accelerating the development and launch of partner OpenHarmony industry distributions.

The reporter learned from the Huawei Developer Conference that up to now, in addition to the above-mentioned Tuowei information, Honghu Wanlian, China Software International, Shenzhen Kaihong and other companies have launched commercial distributions, terminal equipment, solutions, etc. based on OpenHarmony

China Software International and Shenzhen Kaihong have built a KaihongOS commercial distribution operating system and a hyperterminal management platform, enabling N industry application scenarios.

ArcherMind has built Hongcheng Zhiyuan HongZOS distribution and ecological products based on OpenHarmony, with OpenHarmony as the technical base for system capability construction and intelligent interconnection software customization capabilities, to build a more intelligent product experience and business experience for various industries. Provide assistance.

In addition, at present, nearly 20 products of Shenzhen Kaihong have passed the OpenHarmony compatibility evaluation, and focusing on the "(1+1)×N" strategy, KaihongOS and the super device management platform are used to build scenario-based super device solutions. Many exploration achievements have been made in the fields of education, transportation and health care.

Based on OpenHarmony, Honghu Wanlian has built SwanLinkOS commercial display distribution and SwanLinkOS transportation distribution, and developed several sets of OpenHarmony solutions from chips to applications.

From the perspective of the industry, the OpenHarmony ecosystem is accelerating in the fields of finance, education, transportation, government affairs, and industry under the promotion of multi-party construction, and a large number of commercial terminal equipment has been launched.

"OpenHarmony has 5000+ community contributors, 23 software distributions, 76 development boards/modules, and 79 commercial devices. It is the most active open source project with current code and community on the code cloud platform. In addition, OpenHarmony's base technology The capabilities have also been continuously enhanced, and now there are more than 16,000 APIs, which can support partners in efficient application development for complex devices and application scenarios." Yu Chengdong, CEO of Huawei's terminal business, shared the construction of the open source Hongmeng ecosystem at the conference.

As for the Hongmeng ecosystem, Yu Chengdong revealed that as of now, the number of Huawei devices equipped with HarmonyOS has reached 320 million, an increase of 113% over the same period last year; the shipment of Hongmeng Zhilian products exceeded 250 million, an increase of 212% over the same period last year.

According to Huawei's concept, in the future, the Hongmeng Ecology and the open source Hongmeng Ecology will unify the ecology and achieve interconnection.


There are still expansion and talent problems.
It is worth mentioning that although Hongmeng Ecology is booming, as a new thing, there are still some development pain points and difficulties.

"Frankly speaking, Hongmeng is a new thing for the industry. In the more than a year of promoting the OpenHarmony industry, it is indeed very difficult, not only technical problems, but also business models and equipment manufacturers' willingness to accept equipment Harmony. degree, talents, etc." Xie Weijun, vice president of Tuowei Information and president of Kaihong Zhigu, told reporters.

Xie Weijun said that Tuowei Information has made some cooperation with Central South University, Hunan University, Shenzhen University, etc., such as offering Hongmeng courses in graduate classes, but this is still not enough. Compared with the company's needs, the talents in Hongmeng are far from enough. Now Tuowei Information is cooperating with local vocational colleges in Changsha, Hunan, and plans to train some more skilled workers.

"I think as our distribution company, there is a very big shortage of talents. How to solve the problem of talents can better solve the problem of ecological development." Xie Weijun said.

Peng Jiang, a supervisor of Shenzhen Kaihong, also said that to build a prosperous industry ecology, it is necessary to break the bottleneck of talent supply.

When asked how to evaluate the current development status of Hongmeng Ecology, most industry insiders told reporters that it is still in the exploration and investment period, and there is still a long way to go.

"So far we are still in the exploratory stage and cannot be said to be very mature, but through many failures, we have summed up some experience in the development of open source Hongmeng industry distribution." Xie Weijun said.

"Although the development is very fast, all participants are still in the investment period." A person in charge of a listed company told reporters that the company's participation in the co-construction of the Hongmeng ecosystem is due to the security of the company's own supply chain. The whole supply chain can be localized, which can prevent problems before they occur; the second is to seize the opportunity of the ecological development of Hongmeng, and promote the digital transformation of the industry by selling open-source Hongmeng industry distributions, equipment and solutions. While improving quality and efficiency, it also opens up a new revenue growth point for the company.

"With the rapid development of Hongmeng Ecology and the acceleration of the implementation of the open source Hongmeng industry, the prototype of the Internet of Everything has emerged, but there is still a long way to go before Hongmeng Ecology is truly successful." Another person from a Hongmeng Ecological co-construction enterprise told reporters express.

To escort the open source ecological health, Chinasoft International became the first batch of sponsors of the Open Atom Open Source Foundation Open Source Security Committee.

Source
https://www.chinasofti.com/news/2502.htm

November 3, 2022

On October 24, 2022, the Open Atomic Open Source Foundation Open Source Security Committee was officially established at the Beijing Summit of the 1024 Programmer's Day. After Chinasoft International became the foundation's platinum donor, it became the first batch of invited units. Zeus Security Lab, a subsidiary of the Group, joined the Open Source Security Committee on behalf of the company.

In recent years, the wave of digitalization has developed rapidly, and open source software has become the foundation and foundation of this wave. In China, the security of open source software is needed, and professional organizations around open source security are also needed. In order to establish security protection capabilities and escort the healthy and sustainable development of the open source ecosystem, the Open Atom Open Source Foundation has joined forces with 27 units, leveraging the advantages of the foundation's neutrality and public welfare platform, to gather excellent resources from the industry, and jointly initiate the establishment of an open source security committee.

As a subordinate organization of the Open Atom Open Source Foundation, the Open Source Security Committee aims to focus on solving the security threats of open source software, follow the concept of open sharing, co-construction and co-governance, and give full play to the initiative of all participating units in an open-source collaborative manner. The goals of "guaranteeing the security of the foundation's open source projects" and "providing due support for open source software" are to build mechanisms, establish standards, strengthen capabilities, expand cooperation, and build bottom lines, improve the security level of open source software, and help open source ecosystems thrive and develop.

"In a new era of software, open source creates the future", the root technology represented by open source software and the trend of Xinchuang have become unstoppable. Chinasoft International has already made a deep strategic layout in open source software, especially in open source Hongmeng. At the same time, the "Zeus Security Lab" established by the company focuses on software code-level security and comprehensively builds an industry digital protection security matrix. Chinasoft International will join hands with the Open Source Committee and member units to jointly continue to promote open source security, jointly create a more secure new open source ecosystem, and help China's digital transformation, digital society and digital economy construction!

Chinasoft International won the "2022 Golden Kylin Hong Kong and US Listed Companies with the Most Investment Value" award.

Source
https://www.chinasofti.com/news/2501.htm

October 28, 2022

Recently, the "2022 Golden Kylin Overseas Investment Summit and the Selection of Best Listed Companies in Hong Kong and U.S. Stocks" hosted by Sina Finance was grandly announced. Chinasoft International Co., Ltd. (00354.HK) stood out from nearly a thousand outstanding listed companies and won the "Best Hong Kong and U.S. Stocks." "Investment Value Listed Company" Award.

Based on the principles of fairness, impartiality and openness, the Golden Kylin Overseas Investment Summit and the selection of Hong Kong and US stocks voted for 12 awards of Hong Kong and US listed companies and institutions through financial model screening and online voting. This year's "Sina Finance Hong Kong and US Stocks Listed Companies with the Most Investment Value", only 10 Hong Kong stock companies won this honor, Chinasoft International and Lenovo Group, Tianqi Lithium and other leading companies in the industry won the award.

Chinasoft International has been listed for more than 20 years, upholding the spirit of "honesty and honesty", taking one step at a time, not rushing to fantasies, not concentrating on false voices, and working hard, growing at a compound annual growth rate of nearly 30% since the listing. For the domestic software and information technology services leading enterprises. Chinasoft International has been ranked in Gartner's TOP100 global IT service market share ranking for four consecutive years. In 2022, the mid-term revenue will exceed 10 billion yuan for the first time, setting a new high since listing. In recent years, the company has closely followed the wave of global digital transformation, with years of expertise in the development of the software industry as a carrier, giving full play to the advantages of lean software engineering capabilities, focusing on digital intelligence empowerment, accelerating the value of cloud services and industry solutions, and deeply cultivating open source Hongmeng "Black soil" to achieve its own leapfrog development.

This time, Chinasoft International won the "Most Investment Value Listed Company" award, which shows the high recognition of the company's intrinsic value, business development, performance growth and industry status by global investors. In the future, the company will take new heights and create new horizons. It will continue to stand in parallel with the super integrators, create a win-win situation with strategic partners, and be the main force in the construction of digital China. There is one" world-class enterprise goal to forge ahead!

The "2022 China Programmer's Day" cloud-based program world officially opened!

Source
https://www.chinasofti.com/news/2499.htm

October 28, 2022

Program code moves the world, technology leads the future, software and programs are increasingly becoming the basic driving force of the technology world, digital transformation has become an inevitable choice for all walks of life, and the programmers behind them are also receiving more and more attention and attention.

On October 24, the "2022 China Programmer's Day", jointly sponsored by the China Software Industry Association and Chinasoft International Co., Ltd., with the theme of "Following the Light of Digital Civilization, Coded the World of Programs", officially kicked off in the cloud. The online launching ceremony was broadcast live simultaneously on the official website of the conference, International Online and other platforms. Fu Xiaoyu, Deputy Secretary-General of China Software Industry Association, presided over the launching ceremony. Academician Liao Xiangke, Academician Shen Changxiang, and Academician Zhao Chunjiang of the Chinese Academy of Engineering sent their blessings to this 2022 China Programmer's Day through video.

Chen Yuhong, Chairman of the Board of Directors and CEO of Chinasoft International, was invited to attend the launching ceremony of the 2022 China Programmer's Day. In his speech, he said that in the era of "software defines the world, we define software", programmers or developers are playing an increasingly important role. The more important the role, because the real foundation of the digital world is not technology, but "people". People's professionalism, creativity, wisdom and enthusiasm are the driving force for the advancement of the software industry. We need to let programmers feel this. The preciousness, glory and responsibility of a profession.

Lv Weifeng, vice chairman and secretary general of China Software Industry Association, said in his speech that he hoped that through this event, the programmer group could be given a stage to show themselves and a better development space, and the whole society's understanding and understanding of the programmer group could be improved. And respect, it can build a platform for the integration of production and education, talent docking, exchange and cooperation and innovation, and help my country's software industry to develop and grow stronger.

At that time, the colorful offline activities of the 2022 China Programmer's Day will be held in Nanjing in late November. During the event, China Soft Association and ChinaSoft International will jointly hold a series of exciting activities with the advantageous resources of various aspects, sincerely invite and welcome the active participation of industry partners, and jointly create a grand event for developers and an industry carnival for programmers. Coding the Future, the future has come!

Change your Deliver to 10011 New York and ithe mirrors are in stock...

CloudMD Announces Divestment of Pharmacies to Neighbourly Pharmacy.

Source
https://finance.yahoo.com/news/cloudmd-announces-divestment-pharmacies-neighbourly-113000478.html

Mon, October 31, 2022 at 12:30 PM

CloudMD Software & Services Inc., is pleased to announce that it has entered into a definitive agreement with Neighbourly Pharmacy Inc. (TSX:NBLY) for the sale of its British Columbia based pharmacies for approximately $3.8 million. Neighbourly is Canada’s largest and fastest growing network of independent pharmacies, with 284 locations across Canada following completion of this transaction.

Under the Agreement, CloudMD has agreed to sell Neighbourly its two brick-and-mortar retail pharmacies, Cloverdale Pharmacy Ltd. and Steveston Health Centre Ltd., located in Surrey and Richmond BC, respectively. These two pharmacies were referenced on a no-names basis in a Neighbourly press release on November 24th (1). The divestitures of the two pharmacies will not affect the services the Company currently delivers within its core business.

On October 11th, CloudMD also announced that it had entered into a definitive agreement to divest its clinics and Cloud Practice asset to WELL Health for $5.75 million. In total, CloudMD has generated over $9 million in non-dilutive capital as part of its strategy to divest its non-core assets and focus on the performance and growth of its core business, Enterprise Health Solutions (“EHS”) and Digital Health Solutions (“DHS”).

Karen Adams, CEO of CloudMD commented, “We are pleased with the progress and non-dilutive capital we’ve been able to generate through the divestiture of assets in our non-core Clinics and Pharmacies division. Between this transaction and the previously announced divestiture of Cloud Practice and clinics we’ve generated over $9 million in capital we can redeploy for the growth of our EHS Division, which will allow us to continue scaling our core business. Given these challenging and unpredictable markets, we remain focused on delivering meaningful, revenue growth, driving near-term profitability, prudent cash management and improving operating expenses to provide long-term operational consistency and stability.”

Transaction Details
The consideration to be paid by Neighbourly in connection with the acquisition of the pharmacies from CloudMD is approximately $3.8 million in cash. Closing of the transaction is subject to standard closing conditions and the consideration is subject to standard adjustments.

INFOR Financial Group acted as exclusive financial advisor and Cassels Brock & Blackwell LLP acted as legal advisor to CloudMD. The transaction is expected to close in the fourth quarter of 2022.

FORM 8-K - CURRENT REPORT - Pursuant to Section 13 or 15(d) of the of The Securities Exchange Act of 1934.

Source
https://www.sec.gov/ix?doc=/Archives/edgar/data/1800392/000182912622018231/venusacquisition_8k.htm

Date of Report (Date of earliest event reported): October 21, 2022

Please read the FULL REPORT at:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1800392/000182912622018231/venusacquisition_8k.htm

Venus Acquisition Corp. (VENA) Shareholders Approve VIYI Algorithm Deal.

Source
https://spacinsider.com/2022/10/25/venus-shareholders-approve-viyi-algorithm-deal-2/

October 25, 2022

Venus Acquisition Corp. (NASDAQ:VENA) announced in an 8-K this afternoon that its shareholders have approved its combination with VIYI Algorithm at a special meeting held on October 21.

A total of 5,312,658 shares of VENA’s common stock, representing approximately 87.81% of the issued and outstanding shares were present at the meeting. As of October 19, the redemption deadline, an aggregate of 4,547,395 shares of VENA’s ordinary shares were tendered for redemption, removing 98.86% of the SPAC’s trust.

The SPAC initially entered into a backstop agreement up to $10 million with Ever Abundant Investments Limited when it announced its $400 million deal on June 10, 2021. However, Venus terminated this in January so that it could enter into a new backstop with WiMi Hologram Cloud, Inc. (NASDAQ:WIMI), the majority shareholder of VIYI, for up to $15 million to cover redemptions.

The SPAC originally financed the deal with $46 million from its trust and the combined company is to be renamed MicroAlgo and will trade on the Nasdaq once the deal closes.

VIYI is a subsidiary of China-based WiMi Hologram Cloud and is focused on developing bespoke central processing algorithms to optimize client software and hardware systems.

All other measures on VENA’s ballot passed nearly unanimously and a full list of the proposals and vote tallies can be found here.

ADVISORS
- Becker & Poliakoff is acting as U.S. legal advisor to Venus.
- Ogier is acting as its Cayman Islands legal advisor.
- DLA Piper is acting as U.S. legal advisor to WiMi Hologram Could Inc. and VIYI Algorithm Inc.
- Maples and Calder (Hong Kong) LLP is acting as Cayman Islands legal advisor to VIYI Algorithm Inc.
- Zhuo Ne Law Firm is acting as its PRC advisor

Chinasoft International and Nanjing Ship Equipment won the third prize in the Jiangsu Region of the 5th "Blooming Cup" 5G Application Solicitation Competition.

Source
https://www.chinasofti.com/news/2497.htm

October 17, 2022

Recently, the final selection of the 5th "Blooming Cup" 5G Application Competition Jiangsu Regional Competition ended successfully. Chinasoft International assisted Nanjing COSCO Shipping Equipment Parts Co., Ltd. "5G+ quality management platform to help build marine Power China Core Project" won the third prize.

This competition is hosted by the Ministry of Industry and Information Technology, with the theme of "5G Empowers Digitalization, Sail to Help New Journeys", aims to vigorously promote the comprehensive and coordinated development of 5G, further promote 5G to empower thousands of industries, promote the development of 5G applications, and promote 5G Empowering the digital transformation of the economy and society.

Nanjing Ship Equipment Co., Ltd. is a key intelligent manufacturing demonstration unit and star factory under COSCO SHIPPING Group. The participating "5G+ Quality Management Platform Helps Build Marine Power China Core Project" deploys MEC and edge servers to carry out IoT perception collection through 5G coverage. Build a comprehensive quality management platform to create three major application scenarios around the replacement of labor and experience, to achieve quality data source collection, job visualization guidance and quantitative automatic evaluation; and based on data precipitation and in-depth mining, establish a knowledge base with independent intellectual property rights and experts The system promotes the transformation of quality management from post-event detection to in-process control and pre-event prevention. The project's 5G application effect is good, and the economic benefits are outstanding. At the same time, it provides experience for many domestic supporting enterprises to learn from, and is highly recognized by the expert judges of the competition.

In this project, Chinasoft International joined hands with Nanjing Shipbuilding to build a complete TPM (Total Productive Maintenance) equipment management system, providing full-process services such as project scheme design, technology development, project delivery and post-maintenance, and finally realized "operation directly to the station" , process directly to equipment, data directly to management" intelligent manufacturing route.

It is reported that after the system is launched, the errors caused by relying on manual experience, analysis and execution in traditional equipment operation and maintenance have been effectively reduced, which has made enterprise equipment management more informatized, rationalized and efficient, and greatly improved the efficiency and use of equipment maintenance. The vertical management of life and operation and maintenance can greatly improve the production efficiency of enterprises while saving labor costs, and has a certain demonstration value in the field of ship equipment accessories manufacturing.

As a digital transformation service expert, Chinasoft International takes it as its mission to promote the digitalization and industrialization of thousands of industries. This time, helping COSCO SHIPPING Heavy Industry to use "China Core" for Chinese marine machinery is a typical case. Looking forward to the future, Chinasoft International will continue to promote digital and intelligent production collaboration and enterprise digital transformation based on 5G/IoT/AR and other technologies, support enterprises to complete intelligent manufacturing path planning, further reduce equipment management costs in the manufacturing industry, standardize equipment operation process standards, Reduce equipment maintenance costs, improve enterprise equipment management capabilities, improve enterprise production efficiency, and provide new ideas and support for the digital transformation of the manufacturing industry.

The first 828 B2B Enterprise Festival came to a close.

Source
https://www.chinasofti.com/news/2496.htm

October 8, 2022

"Achieve a good business and become a good enterprise", Huawei and Chinasoft International and other 30,000 ecological partners jointly initiated the country's first 828 B2B enterprise festival based on digital empowerment. The month-long 828 B2B Enterprise Festival launched thousands of online and offline events in more than 80 cities across the country, focusing on business opportunity promotion, superior product discounts, technological innovation, brand enhancement, experience sharing, talent development and other issues that enterprises need to solve urgently. The event has built an innovative development platform for small and medium-sized enterprises to help them solve the problems in the process of digital transformation.

As co-sponsors, Chinasoft International and Huawei work together to help enterprises innovate and develop.
The 828 B2B Enterprise Festival is a festival that came into being. Chen Yuhong, Chairman and CEO of Chinasoft International Co., Ltd., said at the launching ceremony, "China's 50% tax, 60% GDP, 70% patents, 80% Employment and 99% of enterprises are from small and medium-sized enterprises. This power is indomitable. We share the same consensus with Huawei and believe that dynamic small and medium-sized enterprises are an important guarantee for my country's economic resilience."

During the launching ceremony, Mr. Chen accepted an exclusive interview with Xinhuanet and said that in such a new era of digitalization and digital economy, a good business will not be without the support of IT, and a good enterprise cannot do without digital transformation. At the same time, it shared the differentiated entry points of Chinasoft International in enterprise digital empowerment and services, as well as the relevant policy measures and value of launching this event.

Two major solutions, Smart Park & ??Cloud Speed ??Cloud Disk, comprehensively help enterprises to transform and upgrade.
Huawei joined hands with Chinasoft International to strongly promote Chinasoft International's smart campus and cloud-speed cloud disk solutions to comprehensively help enterprises transform and upgrade. A total of 2,700+ advertising spots have been placed offline, covering important business districts, SME parks, office buildings, etc. in 14 high-tier cities.

"ChinaSoft International Day" was brilliantly presented, with more than 20 events on four themes to fully empower SMEs.
As a co-sponsor, Chinasoft International launched the first partner day - "Chinasoft International Day" from September 7th to 9th, focusing on the digital transformation of small and medium-sized enterprises. It provides more targeted, practical and inclusive digital transformation solutions for problems such as “transfer” and other pain points and difficulties, and escorts the digital transformation and innovative development of all walks of life.

During the Partner Day and the entire 828 B2B Enterprise Festival, Chinasoft International planned and launched a series of activities such as "New Dynamics of Digital Transformation", "Digital Intelligence Pioneer X Plan", "Jiefang Haoyuan Universe" and "Industry Cloud" for different audiences. More than 20 events were held, covering industries such as manufacturing, transportation and logistics, education, medical care, mining and chemical industry, and Shandong, Hunan, Fujian, Guangxi and Jiangsu, and more than 460 partners and enterprises participated.

New kinetic energy for digital transformation.
Solving the Difficulties of Digital Transformation of Enterprises with Innovative Ability.
With the theme of "new kinetic energy" for digital transformation, 6 live broadcasts of innovative products and solutions will be held, covering areas such as smart parks, cloud management services, smart mines and chemical parks, and content collaboration platforms. Innovation ability to help small and medium-sized enterprises solve the problems in the process of digital transformation.

Among them, in response to the problems and pain points faced by small and medium-sized enterprises in digital transformation, CloudEasy full-stack cloud service provides enterprises with cloud consulting, cloud migration, cloud management, cloud application and other services, helping small and medium-sized enterprises to make good use of the cloud, Take care of the cloud.

Digital Intelligence Pioneer X Plan.
Multi-scenario solutions empower enterprises to innovate and develop.
Facing partners and customers, Chinasoft International launched the "Digital Intelligence Pioneer X Plan" series of activities, aiming at the problems of difficult choices, lack of practice, and lack of benchmarks in the digital transformation of enterprises, gathering ecological forces, and working with partners to build 100+ scenario-based solutions; Industry-leading enterprises, creating 20+ digital transformation benchmarks.

"Digital Intelligence Pioneer X Plan" united 14 partners to hold 5 live broadcasts, covering manufacturing, transportation, education, medical care and smart parks and other fields, to explore the excellent practices of leading customers in various industries in cloud transformation and digital transformation, and to create a platform with A digital benchmark for demonstration effects.

Jiefang "Origin Universe".
Liberate enterprise IT productivity and find the optimal solution from the source of the solution.
The Jiefanghao "source universe" series of activities is an ecological "source" universe created by relying on the data precipitation and knowledge mapping capabilities of the Jiefanghao platform. Starting from the ecological "source" of the software supply side, through platform aggregation and empowerment, we will cut in with industry digital scenarios, and continuously cultivate new ecological partners to provide "source" power for government and enterprise digital transformation scenarios, and to accompany the digital transformation of government and enterprises.

During the event, a series of activities such as [Yuan Cosmos] Smart Speed ??Improvement and [Yuan Cosmos] Entering the Enterprise will be carried out. The development goal of Jiefanghao is to liberate the IT productivity of enterprises, so that small and medium-sized enterprises who do not have the ability to plan and deploy their own enterprise IT can find suppliers and solutions through our Jiefanghao. We have insisted on this field for 5 years, and let industry experts , Excellent suppliers in the industry to find the optimal solution from the source of the solution is our never-ending pursuit.

Industry cloud.
Create a new highland of digital industry with digital optimized production.
Chinasoft International takes becoming the most reliable industry operation service partner and industry development co-creation partner as its core service concept, and builds an overall service structure of "resources + platforms + services". For industrial cloud partners and customers, we will jointly explore the path of digital innovation and development around "digital empowerment of a new ecosystem".

"Deep Cultivation of Industry Service Enterprises" City Tour: Chinasoft International and HUAWEI CLOUD Suggest Suggestions for Enterprise Transformation and Innovation.
Chinasoft International, together with Huawei, held a series of activities in the city tour of "Deep Cultivation of Industry Serving Enterprises", focusing on industrial innovation, exchanging and sharing around the role of cloud computing, big data and other technologies in boosting the digital transformation of enterprises, and discussing the future development of thousands of industries. The event covers 400+ enterprises in Shandong, Hunan, Fujian, Guangxi, Jiangsu and other regions.

Focusing on the theme of "deeply cultivating industry service enterprises", the industry-wide CXO thinking sharing meeting, high-tech enterprise CFO innovation thinking sharing meeting, Chinasoft International & Huawei Cloud Digital Transformation Exchange Conference, Guilin Enterprise Digital Transformation Smart Office Special Conference, and Enterprise Collaboration were held respectively. Special salons and other special events. From the perspectives of practical experience, technology application, joint development, etc., it brought strategic methods and path suggestions for digital transformation to the participating enterprises.

Empowerment never stops, Chinasoft International helps tens of millions of small and medium-sized enterprises in China to catch the express train of informatization.
Although the first 828 B2B Enterprise Festival has come to an end, related empowerment activities are still going on. As a leading enterprise in China's software and information technology services, Chinasoft International has the responsibility and obligation to give full play to its advantages in IT services and through professional Building a platform for IT service capabilities to help enterprises better access the cloud, manage the cloud, and cloud-native applications, provide end-to-end professional services from business opportunities to production and sales, and help tens of millions of small and medium-sized enterprises in China to catch up on the express train of informatization. It will enable enterprises to grow rapidly and jointly promote the construction of "Digital China".

Welcome to the new journey of the 20th National Congress - Open Atom Open Source Foundation & ChinaSoft International Joint Party Building Activities.

Source
https://www.chinasofti.com/news/2495.htm

October 8, 2022

On the occasion of the 20th National Congress of the Communist Party of China, in order to stimulate the enthusiasm of cadres and workers to love the country and the Party, enhance the sense of mission and responsibility of young people, and welcome the victory of the 20th National Congress of the Communist Party with excellent results, on September 28, the Open Atomic Open Source Foundation was opened. Jointly launched the party building activity of "Welcome to the 20th National Congress of the Communist Party of China and Going to a New Journey" with Chinasoft International. More than 30 people including Feng Guanlin, Secretary General of the Open Atom Open Source Foundation, Liu Jingjuan, Secretary of the Party Branch, and Tang Zhenming, Secretary of the Party Committee of Chinasoft International, attended the party day event.

Joint party building, reviewing party history, and taking on the mission.
Party members and comrades came to the Xiangshan Revolutionary Memorial Hall to visit the basic exhibition exhibition "Laying the Foundation for New China - The Central Committee of the Communist Party of China in Xiangshan".
It is composed of five parts:
- "rushing for the exam",
- "station in Xiangshan",
- "continuing to command the liberation of the whole of China",
- "preparation for the establishment of the new China", and
- "not forgetting the original intention, remembering the mission, and striving forever".
More than 800 pictures and more than 1,200 cultural relics are displayed vividly. The Communist Party of China leads the people of all ethnic groups in the country to accomplish the historical mission of national independence and people's liberation, and usher in a new era of China's historical development.

There are many precious and detailed historical photos, historical relics, archives, etc. on display in the memorial hall, and there is a story of revolution hidden behind it. Young party members and cadres from the two units stopped and watched intently. More than 70 years ago, the CPC Central Committee set off from Xibaipo to Beijing, proposing that "today is the day to go to Beijing to take the exam". This exam is never over, "rushing for the exam" is always on the way!

Do not forget the original intention, keep in mind the mission, and strive forever.
At the end of the visit, Comrade Feng Guanlin, Secretary General of the Open Atom Open Source Foundation, led all party members to solemnly swear in front of the party flag, revisited the oath of joining the party, enhanced the awareness of party spirit, and realized the original mission.

After the event, everyone said that the theme of the event was clear and the content was substantial, which brought our thoughts back to those glorious years. Gather the strength to move forward, inherit the red gene, and practice the original mission with practical actions.

In the next step, the Open Atomic Open Source Foundation and Chinasoft International will continue to strengthen the leadership of party building, consolidate the forces of all parties, create a positive, united and progressive atmosphere, continuously enhance the creativity, cohesion and combat effectiveness of the party organization, and help with professional advantages Innovate and develop, take the road of high-quality development "taking the test" with a more vigorous and progressive attitude, and welcome the victory of the Party's 20th National Congress with excellent results.

CloudMD Announces Divestment of Primary Care Clinics and Cloud Practice to WELL Health.

Source
https://finance.yahoo.com/news/cloudmd-announces-divestment-primary-care-113000771.html

October 11, 2022

CloudMD Software & Services Inc., is pleased to announce that it has entered into a definitive agreement with Well Health Technologies Corp. for the sale of its British Columbia based primary care clinics and Cloud Practice, its cloud-based electronic medical records (“EMR”) and practice management software, for approximately $5.75 million in cash.

In connection with the Transaction, CloudMD has agreed to sell to WELL its brick-and-mortar primary care clinics, HealthVue (Richmond) and South Surrey Medical (Surrey), as well as its Cloud Practice software, which includes Juno EMR and ClinicAid. CloudMD will retain ownership of its online patient portal, MyHealthAccess, and will retain the right (under a licence granted by WELL at closing of the Transaction) to use Juno EMR, which have both been integrated into its Kii Personalized & Connected Care offering. The divestitures of the clinics and Cloud Practice will not affect the services CloudMD currently delivers within its core business and is not expected to have a material impact on the Company’s EBITDA or operating cash flows.

The Company’s divestment of the Clinics and Pharmacies Division is part of the Company’s previously announced overall plan to focus on the performance of its core businesses, Enterprise Health Solutions (“EHS”) and Digital Health Solutions (“DHS”). Divesting these non-core assets will provide additional near-term capital to support the continued growth and innovation of the Company’s employer healthcare offering and allow the Company to focus on improving gross margins and driving profitability.

Karen Adams, CEO of CloudMD commented, “We are executing against our strategy of divesting non-core assets and focusing on our core business to drive organic growth, improve margins and move towards profitability next year. We will continue to reallocate capital from the sale of non-core assets back into the organic growth of the Company and ensure we maximize the potential of our faster growing and higher margin EHS division.”

Transaction Details
The consideration to be paid by WELL in connection with the Transaction is $5.75 million, with $5.1 million being paid in cash at closing and the balance being subject to a holdback. Subject to satisfying the closing conditions, closing of the Transaction is expected in Q4 2022.

INFOR Financial Inc. acted as exclusive financial advisor and Cassels Brock & Blackwell LLP acted as legal advisor to CloudMD.

About CloudMD Software & Services
CloudMD is transforming the delivery of healthcare using technology and by providing a patient-centric approach, with an emphasis on continuity of care. By leveraging healthcare technology, the Company is building one, connected platform that addresses all points of a patient’s healthcare journey and provides better access to care and improved outcomes. Through CloudMD’s proprietary technology, the Company delivers quality healthcare through a holistic offering including hybrid primary care clinics, specialist care, telemedicine, mental health support, healthcare navigation, educational resources, and artificial intelligence (AI). CloudMD’s business is separated into three main divisions: Clinics and Pharmacies, Digital Solution and Enterprise Health Solutions, the Company’s fastest growing division. CloudMD’s Enterprise Health Solutions Division has built a leading employer healthcare solutions, including its Comprehensive Integrated Health Services Platform, which offers one comprehensive, digitally connected platform for educational institutions, corporations, insurers, and advisors to better manage the health and wellness of their students, employees, and customers.

CloudMD currently services a direct ecosystem of over 5,700 clinicians including, 1,800+ mental health practitioners, 1,600+ allied health professionals, 1,400+ doctors and nurses and covers 12 million individual lives across North America.
For more information visit:
https://investors.cloudmd.ca/

ON BEHALF OF THE BOARD OF DIRECTORS
“Karen Adams”
Chief Executive Officer

FOR ADDITIONAL INFORMATION, CONTACT:
Julia Becker
VP, Investor Relations
julia@cloudmd.ca
(604) 785-0850

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION

Source
https://www.sec.gov/Archives/edgar/data/1770088/000121390022059745/ea166310ex99-2_wimiholo.htm

September 28, 2022

First Half Year of 2022 Financial Highlights
? Total revenues were approximately RMB 434.3 million (USD 64.7 million) for the six months ended June 30, 2022, compared with the total revenues of approximately RMB 516.2 million (USD 79.9 million) for the six months ended June 30, 2021.

? Gross profit was approximately RMB 84.3 million (USD 126 million) for the six months ended June 30, 2022, compared with approximately gross profit of RMB 153.1 million (USD 23.7 million) for the six months ended June 30, 2021.

? Gross margin was 19.4% for the six months ended June 30, 2022, compared with a gross margin of 29.6% for the six months ended June 30, 2021.

? Net loss was approximately RMB 34.5 million (USD 5.1 million) for the six months ended June 30, 2022, compared with net income of approximately RMB 32.1 million (USD 5.0 million) for the six months ended June 30, 2021.

Shuo Shi, the Chief Executive and Operations Officer of the Company, commented, “At present, the Company develops in the two industry areas of semiconductor and holographic AR. In the future, the Company will continue to strive to maintain a relatively stable market share and industry influence in the corresponding market based on our own competitive advantages, further expand the market space, and form new value growth point in the future. The advancement of technology related to holographic AR will take the holographic AR experience, services, products to newer stages of development. The company started to provide performance-based advertising service in 2022, expanding holographic technology into more segmented application fields. The Company expects to continue magnifying the value of this holographic AR technology and expand to more application scenarios.

Impact of COVID-19
The ongoing outbreak of the novel coronavirus (COVID-19) has spread rapidly to many parts of the world. In March 2020, the World Health Organization declared the COVID-19 as a pandemic. The pandemic has resulted in quarantines, travel restrictions, and the temporary closure of stores and business facilities in China for the first couple of months in 2020. Our business, results of operations, and financial condition were adversely affected during the first half of 2020 because a majority of our business operations and workforce are concentrated in China. Our business and results of operations have resumed to normal levels in the second half of 2020.

Our operations in PRC have not been materially impacted by the pandemic in 2021 and we have not experienced significant collection issues or disruption of operations so far. In the second quarter of 2021, resurgence of COVID variants has affected South-East Asia where some of our vendors of semiconductor business were located. This has impacted our supply of semiconductor products and our revenue on resale of semiconductors.

As a result of the resurgence of COVID-19 variants in first quarter of 2022 in China, WiMi’s office in the PRC was again closed for one week in first quarter of 2022. WiMi resumed normal operation since April 2022. WiMi’s customers have been impacted as a result of business disruption due to closures in various cities, which affected their customers’ advertising spending. As a result, WiMi experienced lower revenue growth on advertising which affected WiMi’s gross margin.

Any potential impact on our results will depend on, to a large extent, future developments and new information that may emerge regarding the duration and resurgence of COVID-19 variants and the actions taken by government authorities to contain COVID-19 or treat its impact, almost all of which are beyond our control.

Recent Development:
Due to the business strategy adjustment, Shenzhen Yitian and its subsidiaries no longer operate the business involving foreign investment restrictions since March 1, 2022, therefore VIYI is able to have direct equity interest in Shenzhen Yitian and its subsidiaries. On April 1, 2022, VIYI terminated the agreements under the VIE structure with Shenzhen Yitian. Shenzhen Yitian’s original shareholders transferred their respective ownership to VIYI WFOE and VIYI WFOE obtained 100% equity control of Shenzhen Yitian and its subsidiaries on April 1, 2022. The reorganization has no effect on the consolidated financial statements as Shenzhen Yitian has been under common control of VIYI Cayman that there is no change of reporting entities.

On July 1, 2022, Viwo Technology Inc. entered into an equity transfer agreement to transfer 99.0% and 1.0% of the issued share capital of Pengcheng Keyi to two unrelated individuals at RMB 1.0 and RMB 0.1, respectively.

Our total revenues decreased by approximately RMB 81.9 million, or 15.9%, from approximately RMB 516.2 million for the six months ended June 30, 2021 to approximately RMB 434.3 million (USD 64.7 million) for the six months ended June 30, 2022, mainly due to an decrease of approximately RMB 117.2 million (USD 17.5 million) in semiconductor business revenue and approximately RMB 5.7 million (USD 0.8 million) in AR entertainment revenue, which net with the increase of approximately RMB 41.0 million (USD 6.1 million) in AR advertising revenue.

Most of our advertising revenues are generated from advertising display services when we completed performance obligation to deliver related advertising services based on the specific terms of the contract, which are commonly based on a specific action, e.g., cost per impression (“CPM”) for online display. Our AR advertising revenue increased by approximately RMB 41.0 million, or 17.4%, from approximately RMB 235.1 million for the six months ended June 30, 2021 to approximately RMB 276.0 million (USD 41.1 million) for six months ended June 30, 2022. The increase was primarily attributable to the overall increase in average revenue per customer. Average revenue per customer for AR advertising services increased from approximately RMB 0.8 million for the six months ended June 30, 2021 to approximately RMB 1.2 million for the six months ended June 30, 2022. The increase in average revenue was due to increase in performance-based advertising as WiMi started to provide performance-based advertising in 2022 where revenue is generated when traffic users completed a transaction as specified in contracts. Approximately 77.9% of our increase from advertising revenues were from performance-based advertising.

Our AR entertainment revenue decreased by approximately RMB 5.7 million, or 79.7%, from approximately RMB 7.2 million for the six months ended June 30, 2021 to approximately RMB 1.3 million (USD 0.2 million) for the six months ended June 30, 2022. The decrease in AR entertainment revenues was primarily attributable to continued decrease in mobile games services as a result of government oversight on the gaming market.

Semiconductor business revenues include revenues generated from the sales of semiconductor products and related accessories and revenues from software development catering to our customers’ specific demands. Our semiconductor business revenues decreased by approximately RMB 117.2 million, or 42.8% from approximately RMB 274.0 million for the six months ended June 30, 2021 to approximately RMB 156.8 million (USD 23.4 million) for the six months ended June 30, 2022. The decrease was mainly due to decrease in VIYI’s software development revenue where customer development has been delayed in the first quarter due to COVID-19 and deconsolidation of ICinit in December 2022 where the Company plans to focus on its core business.

Our total cost of revenues decreased by approximately RMB 13.2 million, or 3.6%, from approximately RMB 363.2 million for the six months ended June 30, 2021 to approximately RMB 350.0 million (USD 52.2 million) for the six months ended June 30, 2022.

Our cost of revenues for AR advertising services increased by approximately RMB 84.5 million, or 65.9%, from approximately RMB 123.6 million for the six months ended June 30, 2021 to approximately RMB 205.2 million (USD 30.6 million) for the six months ended June 30, 2022. The increase was due to higher revenue and the increase in channel costs, for which the Company has incurred higher channel costs with major internet advertising outlets such as internal portal, platform or applications to secure advertising space.

Our cost of revenues for AR entertainment services decreased by approximately RMB 0.1 million, or 27.8%, from approximately RMB 0.5 million for the six months ended June 30, 2021 to RMB 0.3 million (USD 51,330) for the six months ended June 30, 2022. The decrease was due to the decrease in mobile game services revenue for the six months ended June 30, 2022.

Our cost of revenues for semiconductor business decreased by approximately RMB 94.6 million, or 39.6% from approximately RMB 239.1 million for the six months ended June 30, 2021 to approximately RMB 144.5 million (USD 21.5 million) for the six months ended June 30, 2022. The cost of revenues for our semiconductor business includes costs of products sold and third-party software development costs. The decrease was in line with decrease in revenue.

Our gross profit decreased by approximately RMB 68.8 million, from approximately RMB 153.1 million for the six months ended June 30, 2021 to approximately RMB 84.3 million (USD 12.6 million) during the six months ended June 30, 2022. For the six months ended June 30, 2021 and 2022, our overall gross margin was 29.6% and 19.4%, respectively.

Our gross margin for AR advertising services decreased from 47.4% for the six months ended June 30, 2021 to 25.7% for six months ended June 30, 2022. The decrease was due to our cost of revenue increased due to rising channel costs which outpaced our revenue growth.

Our gross margin for AR entertainment services decreased from 93.3% for the six months ended June 30, 2021 to 73.5% for the six months ended June 30, 2022. The decrease was due to reduce in revenue while our costs of maintaining the platform remained the same compared with the six months ended June 30, 2022.

Our gross margin for semiconductor business decreased from 12.8% for the six months ended June 30, 2021 to 7.9% for the six months ended June 30, 2022, due to reduce in revenue in software development which has a higher gross margin.

Operating Expenses
For the six months ended June 30, 2022, we incurred approximately RMB 97.9 million (USD 14.6 million) in operating expenses, representing a decrease of approximately RMB 29.8 million, or 23.4%, from approximately RMB 127.7 million for the six months ended June 30, 2021 as a result of decrease in revenue and gross profit.

Selling expenses decreased by approximately RMB 0.8 million, or 16.7%, from approximately RMB 4.6 million for the six months ended June 30, 2021 to approximately RMB 3.8 million (USD 0.6 million) for the six months ended June 30, 2022. The decrease was mainly due to decrease in salary and benefit expenses for our sales team, which is an impact of COVID-19 which caused closures of public areas in several cities in China.

General and administrative expenses decreased by approximately RMB 10.0 million, or 32.3%, from RMB 31.0 million for the six months ended June 30, 2021 to approximately RMB 21.0 million (USD 3.8 million) for the six months ended June 30, 2022. The decrease was mainly due to a decrease in travel and office related expenses of approximately RMB 2.2 million due to travel restrictions in various cities due to the pandemic, decrease in amortization expenses of approximately RMB 3.9 million as the intangibles are fully amortized, and recovery for doubtful account of approximately RMB 3.7 million.

Research and development expenses decreased by approximately RMB 16.1 million, or 18.7%, from approximately RMB 86.1 million for the six months ended June 30, 2021 to approximately RMB 70.0 million (USD 10.4 million) for the six months ended June 30, 2022. The decrease was mainly due to a slowdown in outsourced technical service expenses due to the impact of COVID-19.

Stock compensation expenses decreased by approximately RMB 2.9 million, or 48.7%, from RMB 6.1 million for the six months ended June 30, 2021 to approximately RMB 3.1 million (USD 0.5 million) for the six months ended June 30, 2022. Stock compensation expenses decreased significantly because most of our granted stock-based awards vested in 2021.

Other income (expenses), net
Total net other income was approximately RMB 5.9 million for the six months ended June 30, 2021 compared to other expense, net of approximately RMB 21.6 million (USD 3.2 million) for the six months ended June 30, 2022, respectively.

The decrease of total net other income was mainly due to decrease in investment income for the six months ended June 30, 2022 compare to the same period in 2021. For the six months ended June 30, 2022, we had an investment loss of approximately RMB 25.1 million (USD 3.7 million) compared to investment income of approximately RMB 4.5 million for six months ended June 30, 2021.

Interest income decreased from approximately RMB 2.4 million for the six months ended June 30, 2021 to approximately RMB 0.4 million (USD 63,000) for the six months ended June 30, 2022. The decrease in interest income was due to less time deposit in banks for the six months ended June 30, 2022.

Net finance expenses mainly consist of interest expense. The decrease of approximately RMB 1.6 million was due to the fact that we made repayments and incurred approximately RMB 1.7 million less interest expense on loans that we borrowed from Shanghai Junei Internet Co. from approximately RMB 2.9 million for the six months ended June 30, 2021, to approximately RMB 1.3 million (USD 0.2 million) for the six months ended June 30, 2022.

(Provision for) benefit of income taxes
Our benefit of income taxes amounted to approximately RMB 0.7 million (USD 110,000) for the six months ended June 30, 2022. Our provision for income taxes amounted to approximately RMB 0.9 million for the six months ended June 30, 2021.

Our benefit of deferred income tax decreased for approximately RMB 0.7 million to approximately RMB 1.0 million (USD 0.2 million) for the six months ended June 30, 2022 from approximately RMB 1.7 million for the six months ended June 30, 2021, and the decrease was mainly due to the fact that we incurred less amortization expenses as the intangible assets were fully amortized.

Our current provision for income tax decreased for approximately RMB 0.5 million to approximately RMB 0.3 million (USD 43,000) for the six months ended June 30, 2022 from approximately RMB 0.8 million for the six months ended June 30, 2021, due to a decrease in taxable income.

Net income
As a result of the combination of factors discussed above, our net income decreased from approximately RMB 32.1 million for the six months ended June 30, 2021 to approximately RMB 34.5 million (USD 5.1 million) of net loss for the six months ended June 30, 2022.

Net income attributable to Wimi Hologram Cloud, Inc.
After deducting non-controlling interest of approximately RMB 5.5 million (USD 0.8 million), net income attributable to holding company decreased from approximately RMB 7.1 million for the six months ended June 30, 2021 to net loss of approximately RMB 39.9 million (USD 6.0 million) for the six months ended June 30, 2022.

Basic and diluted earnings per share
Basic and diluted loss per share was RMB 0.23 (USD 0.03) for the six months ended June 30, 2022, compared to basic and diluted earning per share of RMB 0.04 in the same period of 2021. There was no dilution effect of unvested stock compensation due to net loss.

Liquidity and Capital Resources
As of June 30, 2022, we had cash, cash equivalents, restricted cash and short term investment of approximately RMB 741.1 million (USD 110.5 million). Our working capital was approximately RMB 816.1 million (USD 128.0 million) as of December 31, 2021. In assessing our liquidity, we monitor and analyze our cash on-hand and our operating and capital expenditure commitments. To date, we have financed our working capital requirements through cash flow generated from operations, debt and equity financings.

Operating Activities
Net cash provided by operating activities for the six months ended June 30, 2021 was primarily attributable to net income of approximately RMB 32.1 million adjusted by various non-cash items such as depreciation and amortization expenses, stock compensation expenses and deferred tax benefits of approximately RMB 12.2 million resulting in cash inflow of approximately RMB 44.2 million from net income. Cash inflow was also attributable to the increase in deferred revenue of approximately RMB 24.2 million and increase in payables of approximately RMB 23.5 million. Cash inflow was offset by increase in accounts receivable of approximately RMB 39.6 million due to increase in revenue, increase in inventory of approximately RMB 6.0 million as we purchased more inventory to meet demand of our semiconductor segment and prepaid services fees of approximately RMB 39.0 million as we prepaid more professional fees and we made more advances to secure advertising channels for advertising.

Net cash used in operating activities for the six months ended June 30, 2022 was primarily attributable to net loss of approximately RMB 34.5 million (USD 5.1 million) adjusted by various non-cash items such as depreciation and amortization expenses, bad debt allowance and stock compensation expenses of approximately RMB 3.6 million (USD 0.5 million) resulting in cash outflow of approximately RMB 30.8 million (USD 4.6 million) from net loss. Cash outflow was also attributable to the increase in accounts receivable of approximately RMB 20.1 million (USD 3.0 million) due to the increase in revenue from existing customers and prepaid services fees of approximately RMB 8.3 million (USD 1.2 million) as we prepaid more professional fees and we made more advances to secure advertising channels for advertising. Cash outflow was offset by inflow of approximately RMB 46.8 million (USD 7.0 million) in deferred revenue from new customers in our semiconductor segment and decrease in inventory of approximately RMB 3.3 million (USD 0.5 million) as we used up more inventories.

Investing Activities
Net cash used in investing activities was approximately RMB 175.7 million for the six months ended June 30, 2021, which was primarily attributable to the purchase of property and equipment of approximately RMB 25.2 million which was for office space for our operations and prepayment for real estate purchase of approximately RMB 142.6 million for investment purpose which is expected to be completed between 2023 and 2024. In addition, we made net purchase of short term investment of approximately RMB 8.0 million for cash management purpose.

Net cash provided by investing activities was approximately RMB 2.6 million (USD 0.4 million) for the six months ended June 30, 2022, which was primarily attributable to collection of loans receivable of approximately RMB 26.2 million (USD 3.9 million) and collection of other receivable from ICinit, our unconsolidated subsidiary of approximately RMB 28.0 million (USD 4.2 million). Cash inflow was reduced by the purchase of cost method investment of approximately RMB 49.1 million (USD 7.3 million) as strategic alliance to secure our leading position in the industry. We also made net purchase of approximately RMB 1.2 million (USD 0.2 million) of short-term investments for money management purpose and purchased approximately RMB 1.3 million (USD 0.2 million) of property and equipment for our operations.

Financing Activities
For the six months ended June 30, 2021, cash provided by financing activities was approximately RMB 577.7 million was mainly from proceeds from the public offering of approximately RMB 508.1 million, and proceeds from sales of non-controlling interests in VIYI of approximately RMB 87.4 million. Our cash inflow was offset by our net repayment of bank loans of our subsidiary Fe-da of approximately RMB 12.9 million and net repayment of related party loan of approximately RMB 4.7 million.

For the six months ended June 30, 2022, cash used in financing activities was approximately RMB 68.8 million (USD 10.3 million). We made net repayment of related party loans of approximately RMB 68.7 million (USD 10.2 million) and our subsidiary VIYI also paid approximately RMB 0.1 million (USD 0.02 million) offering costs for its pending merger with Venus Acquisition Corp.

FOREIGN ISSUER REPORT Form 6-K

Source
https://sec.report/Document/0001213900-22-059745/

Published: 2022-09-28
Submitted: 2022-09-28

Please read the FULL REPORT at:
https://sec.report/Document/0001213900-22-059745/

Today, Changying is holding the Canglong with one heart and one heart / Chinasoft International "Cloud Tiejun Lectures on Martial Arts" The sixth training camp and the year-end 100-day sprint conference ended successfully.

Source
https://www.chinasofti.com/news/2486.htm

September 23, 2022

From September 17th to 19th, 2022, the sixth training camp and the year-end 100-day sprint conference of Chinasoft International's "Tiejun Lectures on Wushu" was successfully concluded in Yinchuan, Ningxia. Sun Jiawei, Senior Vice President of Chinasoft International and CEO of Cloud Intelligence Business Group, and Tao Zhiqiang, Vice President of HUAWEI CLOUD China and Minister of Ecology and Partner Development of HUAWEI CLOUD China, attended the event. This issue of Lecture Wutang is facing the complex market environment, focusing on the evolution of team business, that is, based on ecological capabilities, fissioning the waist to fight, forming a new formation of one body and two wings, and finally helping the company's business sprint. Through the strategic path of "selling cloud, managing cloud, and cloud native", we are committed to becoming a mainstream player in the cloud service market. At the same time, we call on all the soldiers of the Iron Army on the cloud to unite and start the 100-day sprint.

In his speech, Sun Jiawei said that facing the huge challenges of the macro environment, Chinasoft International has resolutely devoted itself to the absolute success of Huawei's cloud cooperation strategy and the construction of cloud capabilities, and continued to forge organizational capabilities, scientific combat capabilities and team spirit. A century-old cloud, creating changes, Chinasoft International's cloud intelligence business has grown in the era of unprecedented digital changes, and it has raised a "big shark" that combines strong physique, organizational operation ability, and spiritual will. The Cloud Tiejun team must adhere to the organizational will to dare to fight, be able to fight, must fight, and must win, and use the waist joint innovation model to travel through the strategic path of "selling cloud, managing cloud, and cloud native", and join hands in the last 100-day sprint. Partners protect the ecology, serve customers and improve their capabilities, use the strongest mental outlook to exert all their energy and value, and complete the strategic goals of the organization this year.

Tao Zhiqiang said in his speech that HUAWEI CLOUD has released a new partner system this year, including one unified identity, two cooperation frameworks (GoCloud and GrowCloud), and six partner roles to comprehensively accelerate the growth of partners. GoCloud encourages partners to use HUAWEI CLOUD capabilities to create more value on the cloud; GrowCloud helps partners expand customer coverage, expand sales, accelerate growth, and achieve win-win business. HUAWEI CLOUD will continue to fulfill its service promises, help partners forge organizational capabilities, and help partners succeed. In the future, HUAWEI CLOUD will join hands with Chinasoft International to focus on solutions, expand large-scale, increase value, and strengthen the waist, and move forward with a consistent strategy to help partners and customers create new value on HUAWEI CLOUD, and build co-creation and sharing. , A win-win new industrial ecology.

This "Tiejun on the Cloud Lectures on Wutang" centers on the content of HUAWEI CLOUD's new partner cooperation frameworks GoCloud and GrowCloud, and invites core ecological partners Fenxiangqingke and Zhiyuan Internet to share relevant practical cases. The course combines the actual combat experience and cases of the Yunshang Tiejun waist, and substitutes real business scenarios into the training course, using practice to promote learning and practice to combat, comprehensively improve students' theoretical level and actual combat ability, and fully provide substantial "ammunition" for the sprint.

The wind is at the right time, and we have a long way to go, and we need to work hard. As a practical classroom for building Chinasoft International Digital Iron Army, "Tiejun on the Cloud Lectures on Wutang" has now reached its sixth phase. Lecture Wutang brings together the elites of cloud business operations, focuses on the team's waist and the pain points of talent training under the ecological evolution, drives the team's scientific combat ability through practical training, and fulfills the mission of "building a composite cloud-based iron army ecological talent", and is committed to becoming a The military academy of Chinasoft International "returning to study after a hundred battles". In accordance with the instructions of Chen Yuhong, Chairman of the Board of Directors and CEO of Chinasoft International, in the fifth issue, I believe in the power of belief, and go on with Huawei Cloud firmly, resolutely, and persistently, to achieve continuous business breakthroughs and growth, and achieve a "hundred-year-old cloud". The upcoming 100-day sprint will start the all-out battle!

Chinasoft International debuted at Huawei Connect Conference 2022@Bangkok, with a variety of solutions to help enterprises "unleash digital productivity".

Source
https://www.chinasofti.com/news/2485.htm

September 23, 2022

On September 19, the 7th Huawei's global annual flagship event for the ICT industry, the Huawei Connect Conference, opened in Bangkok, Thailand. With the theme of "Unleashing Digital Productivity", this conference invited nearly 10,000 ICT industry leaders, experts, partners and other guests from around the world to discuss issues such as how to release digital productivity, promote the development of digital economy, and develop digital ecology.

As a long-term strategic partner of Huawei, Chinasoft International presented multiple solutions such as smart campus, cloud desktop, and content collaboration platform at the conference. Explain to global enterprises how China's leading software and information service manufacturers help enterprises to better release digital productivity and meet the development opportunities of the digital age through solutions and IT service innovation.

Chinasoft International's smart campus solution is designed with full connection, full integration, full intelligence, and support for business innovation. It is deeply integrated with HUAWEI CLOUD to break information silos and realize full connectivity of campus services. Collect, clean and analyze the data of all elements of the park, such as "people, things, and things", fully release the value of the massive data resources in the park, and realize the full integration of park data. Use artificial intelligence technology to realize fully intelligent automation of security, perception, early warning, and decision-making.

Chinasoft International Cloud Desktop allows enterprises and individuals to break through the limitations of time, space and equipment, operate and control anytime and anywhere, and open a new cloud office model. Users only need a connected terminal, monitor, mouse and keyboard to quickly realize mobile office, which is safer, more convenient, and more efficient, helping enterprises to digitally transform.

Chinasoft International Content Collaboration Platform, facing massive unstructured data, provides four capabilities of content aggregation, security management and control, collaborative sharing, and content utilization, supports online editing by multiple people, satisfies more efficient collaboration, and further releases content and other value and productivity. The digital transformation of enterprises has injected new vitality.

Enterprise digital transformation is no longer a "multiple choice" question, but a "required course" related to survival and long-term development. Chinasoft International is empowered by digital intelligence and driven by innovation, and has maintained close cooperation with Huawei in various fields to jointly provide enterprise customers with comprehensive and efficient digital transformation solutions and services, helping global enterprises embrace digital transformation and release digital productivity. Plastic new value of the enterprise.

Jiefang Haoyuan Universe "Intelligent Transformation and Digital Transformation" is in progress.

Source
https://www.chinasofti.com/news/2478.htm

September 14, 2022

Taking advantage of the integration of the "828 B2B Enterprise Festival", Chinasoft International Jiefang held a series of "Origin Universe" activities. On September 8, the "Intelligent Transformation and Digital Transformation" of the seventh issue of Chinasoft International Liberation "Yuanyu" was held online at 19:00 Beijing time. We are honored to invite three industry leaders, including Mr. Ren Yongfeng of Smart Technology, Mr. Zhong Yiming of Nanqi Xiance, and Zhao Yuandong of Chunke Network. From the perspectives of policy, technology, practice, etc. Colleagues brought a wonderful content sharing.

01 Smart Technology: Helping enterprises to digitally work on the cloud.
Nanjing Smart Software Technology Co., Ltd. was established in 2015. It has been deeply involved in cloud computing for 7 years. It is the first member of China Open Source Cloud Alliance. It has a full range of cloud computing products such as private cloud, cloud desktop, cloud mobile phone, and cloud application. "VMware". Ren Yongfeng, a pre-sales engineer, shared the theme of smart technology helping enterprises to digitally work on the cloud.

Smart Technology has a wealth of industry application scenarios and solutions. It is a full-scenario cloud office solution provider, with core products such as cloud desktops, cloud applications, cloud mobile phones, and super cloud terminals. At the same time, it can provide cloud desktop, cloud application and cloud mobile phone products with VDI, IDV, TCI and vPro technologies, covering the needs of customers in all scenarios.

In a government-enterprise security office project scenario, the project client has high security requirements for core data, which is not allowed to be leaked, and there are many internal types, difficulties in centralized deployment, and extremely high operation and maintenance costs. Smart Technology builds a unified cloud computing platform for it, and provides solutions for building cloud desktops, cloud applications, and cloud host resource pools. In another case, in an office cloud desktop project scenario, the project customer has multiple office plants, the data flow is large, and the risk of leakage is increased. It is necessary to ensure the security of the core production data, and the data is required to be transferred only internally. Smart Technology builds a desktop pool for its deployment of cloud computing systems, and provides a management background to realize unified management solutions such as cloud desktops, terminals, mirroring, policies, etc., and finally make the project run smoothly. Through digital solutions, project costs are reduced and personnel efficiency is improved. , maximizing the realization of project benefits.

Ren Yongfeng pointed out that embracing changes and coping with the future, in the digital age, customer needs are complex and diverse, and different application scenarios will increase its "uncertainty". To this end, solution providers must always proceed from customer needs and standpoints, and at the same time satisfy customers' various "tricky" needs, while allowing solutions to take into account commonality and individuality, technology and safety, science and practicability At multiple levels, this is the "touchstone" to verify whether your plan is "hard enough, stable enough, and strong enough".

02 Nanqi Xiance: Application of Reinforcement Learning in Industry.
Zhong Yiming, Sales Director of Polixir, shared the application of reinforcement learning in the industrial field . The company focuses on the field of general intelligent decision-making. Based on technologies such as reinforcement learning, environment simulation, strategy transfer, and deep learning, the company takes the lead in realizing the application of intelligent decision-making through the original innovative core technology and platform of independent decision-making.

The typical product of Nanqi Xiance is the Xianqi Revive platform. The Xianqi Revive platform is a data-driven reinforcement learning intelligent decision-making tool. With a small amount of data, the decision-making effect can be significantly improved. It has the advantages of multiple application scenarios, strong scalability, low-code design, and easy to use. It is the crystallization of Nanqi Xiance technology. . The Xianqi Revive platform can restore the environment through data and build a virtual environment model module, which breaks through the long-term barriers between the environment model and the actual model for the application of reinforcement learning in industry.

Zhong Yiming listed the application of "Xianqi Revive Platform" in reinforcement learning scenarios such as pipeline network pressure energy-saving control optimization, pump room intelligent optimization, and intelligent chlorination system. For example, in the application of "Pump Room Pump Set Control Optimization" in the water industry, it was previously necessary to manually adjust the parameters of the pump set according to the set pressure value, which lacked efficiency and accuracy. Through the blessing of "Xianqi Revive Platform", the scheme applies reinforcement learning, and under the requirement of outlet pressure, the performance curves and adjustment strategies of different pump groups are analyzed to achieve overall energy saving, and finally the comprehensive energy saving of each pump group in water supply is realized. below the 10% target. The platform has already had many case practices in Wuxi Water, China Resources Power, Great Wall Motors and other enterprises. The platform has the characteristics of high input-output ratio, rapid deployment, and strong environmental adaptation. It provides the optimal solution for the above cases and gives full play to the driving force of digitalization.

Zhong Yiming believes that the digital era has quietly arrived, and data is driving industrial transformation in the smart era. Data continues to drive intelligence, and it is also necessary to constantly achieve self-breakthroughs: how to answer "how to" questions from data, how to lower the application threshold of intelligent decision-making technology, how to unleash the power of AI in a wider range of businesses... Only In this way, innovative scientific research and cutting-edge technologies can truly achieve "benefiting the public" and benefit human well-being.

03 Chunke Network: Application of Chunke Industrial Production Management System in Manufacturing Industry.
Zhao Yuandong, the software implementation consultant of Jiangsu Chunke Network Technology Co., Ltd., brings you the application and sharing of the Chunke industrial production management system in the manufacturing industry. The company is a high-tech company based on the independent research and development technology framework "CKPI", relying on the advantages of big data and artificial intelligence to create an industrial Internet intelligent service ecology.

The software developed by the company takes process control as the core and project management as the main line, which can comprehensively solve project management problems and improve project management and control capabilities. At the same time, it provides a powerful custom workflow driver and various process switches, so as to standardize enterprise management, normalize, visualize and simplify the workflow. Chunke industrial project management software has related applications in many fields such as technology manufacturing enterprises and the industrial Internet of the automotive industry.

Zhao Yuandong concluded that at the technical level, in order to rapidly improve the project management and operational efficiency in the industrial field, it is necessary to rely on information system management tools; at the operational level, service providers should follow the principles of "mutual understanding, equal cooperation, and resource sharing". Only by providing efficient and high-quality one-stop service for partners and growing together with them can we achieve "win-win" in the digital age.

Make a good business, be a good business. This "Source Universe" live broadcast event will continue to gather forces from multiple parties to achieve multi-party linkage. In the "required course" of "intelligent transformation and digital transformation", enterprises need to learn to "self-drive" at all times, be good at "coping with changes", and dare to "spiral growth" in order to seize new opportunities, Meet new challenges and create new advantages.

Chinasoft International Jiefang will be empowered by digital intelligence, driven by innovation, and will gather high-quality ecological partners through the "Yuanyu" series of activities to help more enterprises achieve digital transformation.

Jiefang "Origin Universe" series of activities.
The "source universe" of Jiefanghao is an ecological universe created by relying on the data precipitation and knowledge mapping capabilities of the Jiefanghao platform. Starting from the ecological "source" of the software supply side, through platform aggregation and empowerment, we will cut in with industry digital scenarios, continuously cultivate new ecological partners, and provide "source" power for the digital transformation scenarios of government and enterprises, and accompany the digital transformation of government and enterprises.

Integration of digital and real to help the digital transformation of the transportation and logistics industry.

Source
https://www.chinasofti.com/news/2477.htm

September 14, 2022

As one of the co-sponsors of the "828 B2B Enterprise Festival", Chinasoft International and HUAWEI CLOUD specially planned a three-day "ChinaSoft International Day", during which a series of activities such as the "Digital Intelligence Pioneer X Plan" were launched to continuously empower enterprises' digital transformation. The "Digital Intelligence Pioneer X Plan" will focus on the problems of difficult choices, lack of practice, and lack of benchmarks in the digital transformation of enterprises. It will gather ecological forces, jointly build 100+ scenario-based solutions with partners, and create 20+ digital transformation benchmarks with industry-leading enterprises. Together, we will build an innovation and development platform for enterprises to help them "make a good business and become a good enterprise".

The "Digital Intelligence Pioneer X Plan" series of special sessions - the practice of digital transformation in the transportation and logistics industry was held on September 9. The transportation industry is undergoing the most drastic changes in more than a century. Electrification, intelligence, networking, and sharing will bring about an all-round industrial revolution. How to help the development of the industry requires not only the advancement of science and technology, but also a solution and implementation plan that fits the national conditions to realize the real "people's transportation". Experts from Chinasoft Zhengtong (Beijing Chinasoft Zhengtong Information Technology Co., Ltd.) and Zhongjiaoxing Road (Beijing Zhongjiaoxing Road Information Technology Co., Ltd.) shared profound industry and landing experience around the new trend of digital development in the transportation and logistics industry. They also expressed their views on the topic of building sustainable transportation.

China Soft Political Communication
Data center, opening a new chapter of Zhihui traffic management application.
Chen Liuxi, Product Director of Beijing Chinasoft Zhengtong Information Technology Co., Ltd. shared the keynote speech on "Data Center, Open a New Chapter of Zhihui Traffic Management Application".

The distributed big data system of Chinasoft Zhengtong public security traffic management comprehensive application platform solves the problems of "multi-source data fusion", "information isolated islands", "lack of unified standards", "lack of unified management" and "lack of sharing mechanism" in the traditional traffic police industry. Five challenges, deep cultivation and self-research, and through its self-developed smart traffic management platform, it has truly realized an information-based big data platform that integrates multi-dimensional data aggregation center, comprehensive information research and judgment center and traffic control decision-making center, reaching the unified standard of data governance. The comprehensive platform for unified management of data assets and unified services for data development has been successfully implemented in 26 provincial-level traffic police corps across the country.

Liu Xi said that at the time of building a new wave of digital China, Chinasoft Zhengtong will always use the latest technologies and models, give full play to its technical advantages in the traffic management industry, and continue to do deep work in the industry based on its deep understanding in the industry for many years. Through its own digital capabilities, Baiye will be empowered, and a new chapter of intelligent traffic management will be built with ecological partners.

Zhongjiaoxing Road
Empower, integrate and connect, and continue to promote the digital and intelligent transformation of logistics.
Guo Yongfeng, Director of Product Solutions of Zhongjiao Xinglu, shared the logistics technology capabilities and enabling achievements of Zhongjiaxinglu's long-term deep cultivation of the industry with the theme of "Successful Cases of Digital Transformation in the Logistics Industry".

As a national-level specialized and special new "little giant", Zhongjiao Xing Road has built a Beidou integrated wisdom based on the logistics "digital +" chassis and supported by the three systems of Internet of Vehicles and cloud communication, security risk control, and digital transportation capacity. Logistics technology platform. Up to now, Zhongjiao Xinglu has formed a full-link logistics strategy intelligent engine, logistics carbon perception and carbon prediction calculation engine, logistics geographic information exploration and construction, freight insurance risk control engine, basic algorithm library and AI data lake. logistics AI framework.

Under the main framework of logistics AI, combined with modular services and scenario-based insights, the overall logistics technology capability platform of Zhongjiao Xinglu leads the industry. In-transit visualization management, network freight solutions, digital factory logistics collaboration platform, logistics control tower solutions, insurance industry solutions, digital government and enterprise solutions, and Chewangdaka App comprehensive service platform, covering a wide range of government departments and logistics companies , steel, coal, fast-moving consumer goods, insurance and other scenarios, forming a benchmarking effect.

Among them, the digital factory logistics collaboration platform is aimed at steel, coal, fast-moving consumer goods and other manufacturing and bulk commodity logistics enterprises, and uses GIS maps and Beidou satellite technology to realize vehicle violation alarms, intelligent queuing, and in-plant route navigation. Pain points such as data silos, high collaboration costs, blind spots in logistics organization, and low labor efficiency make factories smarter and more transparent. The program has successfully served more than ten large and medium-sized iron and steel enterprises such as Shandong Iron and Steel, Japan Iron and Steel, Taiyuan Iron and Steel, Hegang, Baotou Iron and Steel, and Rongcheng Iron and Steel, as well as FMCG enterprises such as Mengniu.

Taking iron and steel enterprises as an example, through the digital factory logistics collaboration platform, after the whole process of multimodal transportation of orders is visualized, the monitoring rate has increased to more than 99%, and the satisfaction of logistics service has been improved by about 30%. The supply chain breaks the information silos, reduces the repetitive IT workload by 70%, intelligent and visualized in-plant and out-of-plant connection scheduling, and reduces the waiting time of vehicles from an average of 3 hours to an average of 1 hour.

Digital transformation has become a "required course" for enterprises, but most enterprises are faced with the dilemma of "dare not to switch, and will not switch". Let enterprises see the future of digitalization, and more importantly, achieve the landing by hand. This is the commitment of CCXinglu.

Chinasoft International will continue to work with partners to provide one-stop solutions for smart transportation and help transportation through its more than ten years of insights in the large transportation industry, the rich experience and service capabilities accumulated in consulting planning, solutions, submission and implementation, and operation guarantees. The development process of the logistics industry promotes intelligent transportation for inclusive life, brings more convenient, safe and green travel methods to the public, and contributes scientific and technological strength to accelerating the construction of a transportation powerhouse.

Chinasoft International's full-stack cloud service empowers digital transformation of enterprises.

Source
https://www.chinasofti.com/news/2476.htm

September 14, 2022

In order to help small and medium-sized enterprises grow rapidly and solve the pain points and challenges of digital transformation, Huawei and Chinasoft International and many other partners jointly launched the "828 B2B Enterprise Festival", linking many industry associations, think tanks, People's Daily Online, Xinhuanet, and CCTV. Finance and Economics Center, jointly build a digital ecosystem, create an excellent environment for enterprise transformation, and further promote the integrated development of the digital economy and the real economy.

On September 9, Yu Xuebin, a senior expert in cloud services of Chinasoft International Cloud Intelligence Business Group, shared "Chinasoft International Full-Stack Cloud Services Empowering Digital Transformation of Enterprises", focusing on how small and medium-sized enterprises can access the cloud, manage the cloud, and use the cloud to empower business innovation. The theme live broadcast, in-depth analysis of the digital economy and hybrid cloud era, how to use the rich cloud computing resources and services to empower enterprise products and business innovation, and enhance the core competitiveness of enterprises.

The digital economy is booming, and cloud computing has become the cornerstone of digital transformation.
The development of the digital economy is in full swing, and it has increasingly become an important driving force for global economic growth and social progress, driving enterprises to embark on the road of digital transformation.

Cloud computing provides technical support and abundant resources for enterprise digital transformation. A large number of rich cloud services can reduce the difficulty of enterprise innovation and become the cornerstone of digital transformation, which has become a general consensus of enterprises and governments.

Typical challenges faced by enterprises in cloud migration and cloud management in the hybrid cloud era.
The development of cloud computing has now entered the stage of multi-cloud and hybrid cloud. In the process of digital transformation, more and more enterprises are considering data security, privacy, compliance, cost, making full use of the advantages and characteristics of different cloud products, and avoiding single-vendor technology lock-in. The strategy of multi-cloud convergence is widely adopted. The widespread use of multi-cloud/hybrid cloud brings many challenges to enterprise IT management:
- Planning before going to the cloud
Which applications should be migrated to the cloud, how to design the architecture, how to choose cloud vendors/cloud products, how to migrate, how to consider cloud security, and how to control costs, all need to be fully considered. If there is a lack of professional planning and design before going to the cloud, it will easily lead to wasted costs, and the effect of cloud use is difficult to meet expectations.

- Migration to the cloud
Cloud migration is a complex systematic project involving host migration, application migration, data migration, database migration, and even application system architecture transformation. Without professional support and a comprehensive migration plan, it will bring great migration risks to the enterprise.

- Operation and maintenance after going to the cloud
With the continuous evolution of enterprise IT architecture, the types of infrastructure are becoming more and more abundant. From physical server->virtualization->cloud->cloud native, the types, scales and methods of operation and maintenance objects have undergone great changes, and the difficulty of operation and maintenance is obvious. Increase; in multi-cloud/hybrid cloud scenarios, the unified scheduling and management of heterogeneous resources also brings more challenges.

- Difficulty in cost control
The cloud cost structure is complex. There are many types of public cloud services, different pricing logics, and different purchasing methods and preferential strategies. Under the superposition of various complexities, the composition of cloud costs becomes very complex; the cost of private cloud is not only the capital Costs, as well as the allocation of operational costs, and the private cloud and virtualization platforms themselves lack metering and billing management attributes, and without data support, it is more difficult to calculate costs. In addition, in multi-cloud and hybrid cloud scenarios, the bills are scattered among various cloud service providers, which brings inconvenience to the unified aggregation, analysis, and optimization of enterprises.

- Security Compliance
As we all know, data is the core asset of an enterprise. After going to the cloud, the data is getting farther and farther away from customers, the network boundary is invisible, the responsible subjects are more complex, and the requirements for data security are higher; how to ensure a consistent security policy, and how to ensure that each The reasonable configuration and management of cloud security products is a problem that enterprises must face.

Chinasoft International's full-stack cloud service helps enterprises easily access the cloud and manage efficiently.
Chinasoft International Cloud Intelligence relies on the strategy of "going to the cloud / managing the cloud / cloud native, knowing the cloud / knowing how to do it / gathering the ecology", and has built a business form of "platform + service + solution", providing cloud consulting, cloud migration, cloud operation Dimension, cloud development and other professional services, with CloudEasy full-stack cloud service covering the entire process of enterprise cloud migration, profoundly empowering enterprise digital transformation.

In the latest China third-party cloud management service market share ranking released by IDC, we ranked second; in the cloud migration and cloud development market segments, we ranked first for many consecutive years. In terms of industry qualification certification, Chinasoft International's cloud service capabilities and cloud service products have both obtained dual certifications from the China Academy of Information and Communications Technology and Trusted Cloud.

Chinasoft International's cloud service capabilities have been widely recognized by the market and authoritative institutions, which can help enterprises effectively reduce the risk of cloud migration. It is a trusted partner of choice!

- Cloud Management Service CloudEasy CMS
Cloud management service CloudEasy CMS includes cloud consulting, cloud migration, cloud development, disaster recovery construction, basic operation and maintenance, enabling training, expert services, etc.

- Cloud Management Platform CloudEasy CMP
The cloud management platform is designed to help enterprises adopting a multi-cloud strategy to solve the problem of unified scheduling and management of heterogeneous resources in multi-cloud/hybrid cloud scenarios, help enterprises improve the management efficiency of heterogeneous resources, reduce the cost of using cloud, and help enterprises maintain cloud neutrality. Avoid single-vendor technology lock-in; each functional module can be flexibly combined to meet the diverse needs of enterprises with different cloud depths.

- Cloud Business Platform CloudEasy CBP
It is a one-stop, multi-cloud unified operation platform created from the successful practical experience of Chinasoft International's self-operated Huaxia Cloud Network. It is mainly used in scenarios such as traditional data center cloudification, edge node cloudification, public cloud resale business, industry cloud/industry cloud/ecological cloud/group cloud capability output, etc., to help enterprises quickly start multi-cloud commercial operations.

- Cloud Application Platform CloudEasy CAP
The one-stop DevOps platform created by integrating Chinasoft International's cloud-native practices and SAFe scaled agile framework, DevOps, Scrum, user story maps, lean Kanban and other advanced management concepts, product functions cover software R&D from conception, development, testing to delivery It supports the traditional waterfall development model, as well as iterative, agile, scaled agile and other mainstream development models.

Chinasoft International's full-stack cloud service brings "Four Values" to enterprises.
1. Effectively reduce the risk of cloud migration.
?Full -stack cloud services, covering diverse business scenarios of enterprises;
?A large number ofsuccessful cases and industry practices help companies avoid potential risks;
? Tailor-made solutions for cloud migration, cloud management, and cloud use to help enterprises effectively reduce the risk of cloud migration;

2. Significantly improve IT management efficiency.
? Unified management of heterogeneous resources, standardization, process and automation reduce the complexity of operation and maintenance and improve the efficiency of IT operation and maintenance;
?A one-stop DevOps platform that integrates Chinasoft International's cloud-native practices and SAFe's large-scale agile framework to help enterprises achieve business and IT agility;

3. Significantly reduce enterprise IT costs.
?Cloud optimization service capability and cloud cost management have been double certified by CAICT;
?Self -service application, self-service management, automated operation and maintenance and other functions, significantly reduce management costs;
?Quota /lease period/inquiry/resource analysis/cost optimization and other functions to significantly reduce resource costs;

4. Accelerate digital transformation.
?Enterprises quickly build a hybrid cloud management and operation system, support enterprises to freely choose cloud platforms, achieve cloud platform neutrality, and avoid cloud lock-in;
? Quickly obtain new cloud computing products, and use new technologies to empower enterprise products and business innovation, and enhance the core competitiveness of enterprises;

"ChinaSoft International Day"|Digital Transformation of Manufacturing Industry Becomes Hot on the First Day.

Source
https://www.chinasofti.com/news/2441.htm

September 13, 2022

As one of the co-sponsors of the "828 B2B Enterprise Festival", Chinasoft International and HUAWEI CLOUD specially planned a three-day "ChinaSoft International Day", during which a series of activities such as the "Digital Intelligence Pioneer X Plan" were launched to continuously empower enterprises' digital transformation. The "Digital Intelligence Pioneer X Plan" will focus on the problems of difficult choices, lack of practice, and lack of benchmarks in the digital transformation of enterprises, gather ecological forces, and cooperate with partners to build 100+ scenario-based solutions; together with industry-leading enterprises, create 20+ digital transformation benchmarks , to jointly build an innovation and development platform for enterprises to help enterprises "make a good business and become a good enterprise".

The first special session of "Digital Intelligence Pioneer X Plan" - the practice of digital transformation in the manufacturing industry was launched on September 7. China is in a critical transition period from a manufacturing power to a manufacturing power, and the need for digital transformation of manufacturing enterprises is particularly urgent. Experts from 51WORLD (Beijing Wuyi Vision Digital Twin Technology Co., Ltd.) and Xinnuyun (Shanghai New Cool Information Technology Co., Ltd.) shared hot topics such as how the Metaverse empowers the manufacturing industry and digital factories.

51WORLD
"Industrial Digital Twin Platform" empowers intelligent manufacturing upgrades in industrial parks.
Dr. Li Zhuqing, general manager of the Pan-Park Business Department of Beijing Wuyi Vision Digital Twin Technology Co., Ltd., brought a sharing on "Intelligent Manufacturing Upgrade of Industrial Parks in the Metaverse and Carbon Neutral Era". Dr. Li introduced that at present, the industrial park is facing the dual pressure of intelligent manufacturing upgrade and dual carbon management. Industrial intelligent manufacturing integrates and interconnects ubiquitous sensors, embedded terminal systems, intelligent control systems, communication facilities, etc. through the industrial Internet to realize an intelligent manufacturing mode of digital management and control of manufacturing processes and businesses. At the same time, the zero-carbon smart park is a park development model that has undergone low-carbon and near-zero carbon dynamic evolution and continuous optimization and iteration of the integration of planning, construction and operation under the background of "double carbon", and finally achieves net zero carbon emissions.

51WORLD is supported by Chinasoft International Cloud Service and based on digital twin technology to build a "global dual-carbon management platform" and "industrial digital twin platform", and build "intelligent manufacturing power represented by digital base" and "green energy as the foundation". The representative green power", form "intelligent power + green power", realize the deep integration of digital and intelligent technology and industrial parks, and explore new paths for the realization of low-carbon parks and industrial intelligent creation. At the same time, Dr. Li pointed out that 51WORLD has built a new global dual-carbon intelligent management system based on AES and DST, which can support the ubiquitous perception of global carbon emissions in industrial parks and the precise planning of dual-carbon targets. , digital upgrade of energy saving and carbon reduction, recycling of resources, etc., to empower the green, low-carbon and sustainable development of industrial parks with digital technology.

New nuclear cloud
Helping discrete manufacturing enter the fast lane of digital transformation.
Mr. Fan Zimou, an expert in intelligent manufacturing of the new nuclear cloud, gave a theme on "How far is the digital factory from us? », explained the different applications of new core cloud products and solutions in different scenarios of smart factory equipment layer, control layer, workshop layer, enterprise layer, and collaboration layer, as well as the implementation services of new core cloud to ensure customer success. Let us see the rise of a potential unicorn in China's industrial software field.

Xinnuyun focuses on the application of industrial Internet of Things, industrial big data, and AI technology in industrial scenarios. Its product "Xinheyun" is a factory digital full-stack solution (cloud MES+ERP) for discrete manufacturing Focusing on the digitization of factory planning and scheduling, production management, quality management, equipment management and supply chain scenarios, combined with the acquisition of real-time data at the bottom of the equipment, it provides digital transformation and upgrading services for discrete industries such as auto parts manufacturing, hardware and metal, equipment manufacturing, and electronic assembly. The new core cloud has served more than 2,200 enterprise customers, and continues to help discrete manufacturing enterprises to upgrade traditional production capacity to digital production capacity, and continuously release the digital potential of enterprises.

Chinasoft International not only provides the new core cloud with experience and empowerment of customer expansion, but also actively assists the migration and deployment of the new core cloud to HUAWEI CLOUD, and promotes the optimization and upgrading of the basic system environment. In the future, the cooperation between the new core cloud and Chinasoft International will be more in-depth and close, and continue to help the digital transformation of the manufacturing industry, especially the discrete manufacturing industry, through the new core cloud or integrated solutions.

In the future, Chinasoft International will give full play to its advantages in the field of cloud services and software, and cooperate with ecological partners and customers in the manufacturing industry to explore more scenario-based solutions to help customers focus on lean operations and improve management efficiency. To better facilitate the digital transformation of the manufacturing industry.

Chinasoft International Helps Enterprises Open "New Model of Multi-Cloud Management" with One Click.

Source
https://www.chinasofti.com/news/2440.htm

September 13, 2022

In order to help small and medium-sized enterprises grow rapidly and solve the pain points and challenges of digital transformation, Huawei and Chinasoft International and many other partners jointly launched the "828 B2B Enterprise Festival", linking many industry associations, think tanks, People's Daily Online, Xinhuanet, and CCTV. Finance and Economics Center, jointly build a digital ecosystem, create an excellent environment for enterprise transformation, and further promote the integrated development of the digital economy and the real economy.

On September 7, focusing on how small and medium-sized enterprises can achieve the goal of using multiple clouds and managing multiple clouds through effective cloud management methods, Lei Mengqi, Marketing Director of the Public Cloud Business Department of Chinasoft International Cloud Intelligence Business Group, shared "Empowering multi-cloud management with SaaS, The theme of "Reducing Cloud Costs for Growing Enterprises" is live broadcast, which deeply analyzes the problems of how to rationally use and efficiently manage cloud resources in the current market environment, enterprises' public cloud strategy and multi-cloud strategy.

Multi-cloud management challenges faced by SMEs.
At present, the multi-cloud strategy is favored by small and medium-sized enterprises, and has gradually become the basic path for enterprises to migrate to the cloud. However, with the growth of multi-cloud applications, the selection and deployment of enterprises in the cloud has become more and more complex, resulting in a series of challenges and problems that need to be solved urgently:
? Multi-cloud management is difficult. Cloud resources of different cloud vendors are distributed on different platforms, accounts are scattered, management tools are scattered, and unified management is difficult;

? Serious waste of resources The waste of resources leads to high cost of going to the cloud, and vacancy of resources, high load, and low utilization rate generally occur;

? High O&M thresholds The O&M systems and models of traditional data centers are difficult to guarantee the O&M efficiency and quality in the cloud environment. Faced with a variety of cloud resources and management quantities, the operation and maintenance costs are high and the efficiency is low;

? It is difficult to count and predict, and it is difficult to use multiple clouds to quantify the cost of cloud resources and operation and maintenance services in a unified manner, and it is difficult to quickly gain insight into the problem.

Empowering services with Saas to make cloud management smarter and more efficient.
Facing the complex public cloud environment, Chinasoft International Cloud Management Platform (SaaS) cloud management platform can improve the customer's multi-cloud management, cloud monitoring, cloud operation and maintenance, cloud operation, cloud security and other capabilities.

8 major features to help enterprises open a new model of multi-cloud management with one click.
- Online upgrade, safe and stable
No installation, no maintenance, no upgrades, use the new version at any time, and the professional team responds in time to ensure the healthy operation of the cloud.

- Cloud service, on-demand billing
The SaaS product model can be used out of the box and purchased on demand, with extremely low usage costs and improved operational efficiency.

- Multi-point login, remote collaboration
Multi-terminal login and use anytime, anywhere, support multiple online at the same time, efficient collaboration, easy to use, you can work from home during the epidemic, and enjoy the product anytime, anywhere.

- Multi-cloud integration, unified management
It supports access to mainstream public cloud environments such as Huawei Cloud, Tencent Cloud, and Alibaba Cloud, and enables multi-cloud management quickly, making the multi-cloud operation experience simple, secure, and consistent. Connect to multiple cloud resource pools to achieve unified management of heterogeneous cloud platforms.

- Bill analysis, cost optimization
Aggregate multiple public cloud bills, view consumption trends based on multiple dimensions such as public cloud, department, account, and product, and plan budgets reasonably. At the same time, based on billing information, it can intelligently identify resources to be optimized, and propose optimization suggestions to help enterprises optimize cloud costs and achieve reasonable and healthy operation of resources.

- Multi-cloud data, centralized display
It can monitor and visualize the information such as the overall resource usage, cost changes, and alarms of the enterprise to meet the enterprise's personalized data analysis needs.

- Monitoring on the cloud, unified warning
Provide cloud monitoring capabilities to support real-time monitoring of cloud infrastructure and middleware. Real-time alarm notification of resource status, avoid problems to the greatest extent, and ensure healthy operation on the cloud.

- Intelligent operation and maintenance to improve efficiency
Provide ITIL-based management best practice capabilities, provide an integrated, automated, scenario-based, and digital service management system for common platform tenants and service provider tenants, improve operation and maintenance service quality, and enhance user satisfaction.

At present, Chinasoft International Cloud Management Platform has helped thousands of enterprises manage multi-cloud in software, Internet and other fields, and exerted its application value in the process of digital transformation of enterprises - helping enterprises to improve IT work efficiency and resource utilization, reduce cloud costs, Build an operation and maintenance service platform, improve management efficiency, and achieve the goal of making good use of and managing cloud.

When "Intelligent Transformation and Digital Transformation" is in progress | Chinasoft International Jiefang "Yuanyu" series of activities blooms with glory in the first "828 B2B Enterprise Festival".

Source
https://www.chinasofti.com/news/2428.htm

September 5, 2022

In order to help enterprises accelerate their growth, promote the integrated development of the digital economy and the real economy, and solve the pain points and challenges of digital transformation, Chinasoft International, as a co-sponsor, jointly launched the first "828" event with Huawei and its 30,000 ecological partners on August 28. B2B Enterprise Festival". The Enterprise Festival brings together various forces to empower small and medium-sized enterprises to achieve innovation and development, achieve good business and become a good enterprise.

Chinasoft International Jiefang will carry out a series of activities during the "828 Enterprise Festival" to help tens of millions of small and medium-sized enterprises in China get on the express train of informatization and enable enterprises to grow rapidly through digitalization.

On September 1, the sixth Chinasoft International Liberation "Yuanyu" series of activities was held online at 19:00 Beijing time. On that day, we were fortunate to invite three industry leaders to continue to explore the reform of "intelligence and digital transformation". Mr. Zhao Zhimin from Weituo Technology, Mr. Chen Chen from Zhiyuan Internet, and Mr. Liu Yongqiang from Jiurui Technology successively brought a wonderful content to the ecological colleagues from all walks of life from the perspectives of policy, technology and practice.

Weituo Technology: Practice of Digital Transformation of Small and Medium-sized Enterprises.
Nanjing Weituo Technology Co., Ltd. focuses on the digital transformation of manufacturing industry. It has thousands of users in defense and military industry, aerospace, electronic high-tech, industrial products, transportation and other industries. It has become a benchmark enterprise in many different industries in China. It has been deployed in China and has achieved good results. Mr. Zhao Zhimin, Deputy Director of the Market Research Institute, shared the topics related to the practice of digital transformation of small and medium-sized enterprises.

Zhao Zhimin analyzed the market environment faced by small and medium-sized enterprises, and pointed out that enterprises need to solve five major difficulties in the process of intelligent transformation and digital transformation: in the initial stage, uncontrollable cost/quality/delivery time, lack of digital strategic planning and knowledge management, and difficulty in data integration and interoperability . The unique "N+X" model of Weituo Technology can help small and medium-sized enterprises to change their minds. "N" refers to common application scenarios in the same industry, and opening up production and operation management is at least suitable for the construction of digital workshops for small and medium-sized enterprises; "X" refers to personalized application scenarios. He shared the application of this model in the power tool industry, covering a total of 8 common application scenarios and 14 personalized application scenarios, shortening the project implementation period to 8-9 weeks, greatly enhancing the synergy value and maximizing the implementation benefits. .

Zhao Zhimin emphasized that innovation and synergy to create the core driving force of the manufacturing industry, the digital transformation of small and medium-sized enterprises is no longer a "multiple choice", but a "required course" related to survival and long-term development.

Zhiyuan Internet: Building a BPM Platform to Help Enterprises Digitally Transform.
Zhiyuan Internet focuses on the field of enterprise-level management software. It is a high-tech enterprise integrating product design, research and development, sales and service. It provides customers with professional collaborative management software products, solutions, platforms and cloud services. Chen Chen, a senior consultant of ERP, shared the topics of Zhiyuan BPM platform to help enterprises' digital transformation.

Chen Chen pointed out that as many as 84% ??of enterprises agree that collaborative operation is an important part of the company's strategy and an important means of decomposing strategic goals and implementing strategies. At the same time, collaborative operation is an important force and supporting platform to promote the company's organizational reform, employee work collaboration, business process reconstruction and optimization, and the close integration of digitalization and business. Zhiyuan Collaborative Cloud Service Platform is positioned to provide enterprises with digital transformation and one-stop cloud services. From cloud standard applications to large-scale customization, it provides enterprise-level management applications covering various industries and multi-scenario fields.

Zhongtian Iron and Steel is the best practice of Zhiyuan Internet Collaboration Platform. Through the solutions provided by Zhiyuan Technology, customers have successfully built an integrated business application platform, realized business process reorganization and reengineering, and greatly improved the operation and management capabilities of characteristic applications.

Chen Chen concluded that people-oriented and customer-centric, low-code platforms can flexibly build people-oriented business processes and quickly help enterprises realize business digitization. A digital native enterprise that connects various businesses, regards technology and data as the blood of the enterprise, and integrates them into business operations and corporate culture, leading the new direction of future enterprise development.

Jiurui Technology: Machine Vision Technology Helps Manufacturing "Intelligent Transformation".
Beijing Jiurui Technology Co., Ltd. takes machine vision technology, industrial communication and measurement and control technology, and sensor technology as the core for key and complex problems such as positioning and identification, measurement and control, detection and inspection, and intelligent manufacturing in the industrial and engineering fields. Provide customized system solutions and equipment, and strive to become a leading equipment provider. Technical Director Liu Yongqiang shared the topic of machine vision technology to help the manufacturing industry "intelligence and digital transformation".

Jiurui Technology is a customized system solution and equipment provider with machine vision as the core, and has comprehensive machine vision technology capabilities. Liu Yongqiang focused on sharing Jiurui Technology's exploration of applying machine vision technology in the manufacturing industry, including application cases in the auto parts industry, medical manufacturing, metal material manufacturing, electronic connectors and other industries.

He shared that in the field of machine vision, Jiurui Technology has the overall architecture design technology, the technology of obtaining clear images under complex working conditions, the technology of fast and accurate understanding, recognition and processing of images, the technology of multi-sensor fusion, and the technology of friendly human-machine interface, etc. Through the superposition and empowerment of "fast, accurate, and stable" digital technology, it will help the manufacturing industry to "reform to digital transformation".

Under the surging digital wave, how to seize new opportunities, respond to new challenges, and shape new advantages has become a key issue for enterprises. In the "required course" of "intelligent transformation and digital transformation", the technology is constantly updated, the program is constantly iterated, and the environment is constantly changing. Enterprises must maintain a state of life-long learning, think about it well, and master it well in order to learn this "compulsory course." ".

To achieve good business and become a good enterprise, with the integration trend of the first "828 B2B Enterprise Festival", in this "Source Universe" live broadcast event, Soft International Jiefang has gathered various forces and bloomed with glory. The video account of Chinasoft International Jiefang and HUAWEI CLOUD and TA's friends' Weibo account and Chinasoft International Cloud Smart Video account were broadcast live simultaneously, demonstrating Chinasoft International Jiefang and Huawei's determination to work together to overcome difficulties and help each other in the same boat.

When the advent of the digital age has brought great opportunities for the development of enterprises, Chinasoft International firmly walks hand in hand with Huawei in the digital age, and always keeps up with the pace of Huawei's army. Chinasoft International believes in long-termism, firmness, determination, persistence and Together, Huawei demonstrates our determination to fight together in the digital field!

Chinasoft International Jiefang will continue to hold a series of "Yuanyu" activities, empowered by digital intelligence, driven by innovation, and based on its own profound software ecological base, to gather high-quality ecological partners, and continue to make it an excellent co-builder of intelligent transformation and digital transformation.

Promote "Platform + Service" Cooperation to Expand Digital Intelligence Market | Chinasoft International Participates in UFIDA 2022 Global Business Innovation Conference.

Source
https://www.chinasofti.com/news/2425.htm

September 2, 2022

On August 26-27, the 2022 Global Business Innovation Conference sponsored by UF was held in Guangzhou. As a diamond-level partner of UFIDA's network ecosystem, Chinasoft International was invited to participate in the conference, and made appearances in multiple links such as the Enterprise Digital Intelligence Ecological Summit, the Human Resources Digital Intelligence Special Forum, and the Enterprise Digital Intelligence Exhibition. Experts, scholars and outstanding entrepreneurs shared the practice and achievements of Chinasoft International in the direction of digital transformation.

Create a new benchmark for digital human resources and expand new space for enterprise applications.
At the special forum on digital intelligence of human resources, Xiong Yong, senior vice president and CDO of Chinasoft International, introduced in detail Chinasoft International's human resources digital transformation practices and the cooperation with Yonyou. Xiong Yong introduced that since Chinasoft International signed a strategic cooperation with Yonyou in September 2021, the two sides have continued to deepen cooperation and launched the Chinasoft International Human Resource Digital Transformation Project as a benchmark project for the cooperation model between the two parties.

Relying on this project, Chinasoft International has built a new generation of Digital-CSI digital base for human resource management, enhancing the competitiveness of the talent supply chain, realizing the optimal supply of high-quality human resources and overall cost, and promoting efficient talent training and dual circulation. At the same time, based on the complex application scenarios of large software companies, it enriches and improves the product functions of the UF DHR digital human resources system. More importantly, through this project, Chinasoft International has built up its efforts to cultivate and reserve implementation consultants, consulting experts and Kekai experts for Yonyou YonBIP digital human resources, and jointly expand the digital labor market of large central state-owned enterprises and leading private enterprises with Yonyou.

After this model matures, the cooperation between the two parties has also begun to rapidly replicate from human resource management to other fields. At present, this path has begun to emerge. In the fields of large manpower, large finance and taxation, large supply chain, large platform customer development, etc., Chinasoft International and UFIDA have accumulated nearly 20 cooperation projects, with a contract value exceeding 30 million yuan.

Promote professional service network cooperation and accelerate the digital and intelligent transformation of enterprises.
At the Enterprise Digital Intelligence Ecological Summit, Wang Zhongmin, CTO of Chinasoft International Application Service Business Group, delivered a speech entitled "Promoting Professional Service Network Cooperation and Accelerating Enterprise Digital Intelligence Transformation". Wang Zhongmin mentioned that the digital age drives customers in thousands of industries to think and act digitally, and the market demand derived from this is very large, but the response speed of the requirements is very fast. This cannot be accomplished by any one company alone, and must be achieved through ecosystem support. With the help of ecological partners to form complementary advantages, increase the proportion of product configuration, reduce the proportion of customization, and form composable, configurable, and scalable agile products, in order to help customers embrace business agility.

Chinasoft International and UFIDA have established a networked cooperation system on the basis of the "product platform + professional service" cooperation model. the corresponding cooperation center. Through the productization of services, the personalized customized solutions are fed back to the products, so as to realize the full functional abstraction and deep adaptation of the products in multiple sub-fields, and achieve "national application"; through the serviceization of products, experienced consultants and implementation teams can promote Cost-effective and fast "configurable" delivery to accelerate the digital and intelligent transformation of enterprises.

The digital transformation of enterprises has brought about trillions of market space. Chinasoft International is willing to join hands with UFIDA to make more extensive and in-depth integration of professional service capabilities and UFIDA product matrix, and jointly optimize UFIDA's BIP service enablement with UFIDA, and open up a path for industrial scale development. Achieve a market target of 100 billion.

The first 828 B2B Enterprise Festival is here! Chinasoft International, as a co-sponsor, works with Huawei to help enterprises innovate and develop.

Source
https://www.chinasofti.com/news/2420.htm

August 31, 2022

Small and medium-sized enterprises are not only the main body of the market, but also the main force in ensuring employment. By the end of 2021, SMEs accounted for more than 99% of the national enterprises and contributed 80% of employment opportunities.

In order to help small and medium-sized enterprises innovate and develop, on August 28, Huawei and Chinasoft International and other 30,000 ecological partners jointly launched the country's first 828 B2B enterprise festival based on digital empowerment. With the theme of "Enterprise", it aims to build an innovative development platform for small and medium-sized enterprises.

Lu Yong, Senior Vice President of Huawei and President of China Region Department, said at the launching ceremony that there are two key points for making small and medium-sized enterprises keep up with the pace of digital transformation and truly solve their problems: First, let them There are better business opportunities, and the second is to help them reduce costs and increase efficiency. This is the original intention of Huawei and ecological partners to create the 828 B2B Enterprise Festival.

"828 B2B Enterprise Festival is not only a platform for communication and empowerment of enterprises' digital innovation and development, but also the first festival that belongs to the enterprise itself. On the one hand, excellent enterprises and excellent products can be seen by more demanders, on the other hand It also allows the majority of small and medium-sized enterprises to get more and better products and services." Lu Yong said.

According to Chen Yuhong, Chairman of the Board of Directors and CEO of Chinasoft International Co., Ltd., the 828 B2B Enterprise Festival is a festival that came into being, "China's 50% tax, 60% GDP, 70% patents, 80% employment, 99% of enterprises are from small and medium-sized enterprises. This power is invincible. We have the same consensus as Huawei, and believe that dynamic small and medium-sized enterprises are an important guarantee for my country's economic resilience. Chinasoft International, like Huawei, has the responsibility and obligation to give full play to its own The advantages in IT services help tens of millions of small and medium-sized enterprises in China to catch the fast train of informatization, and enable enterprises to grow rapidly through digitalization."

Tens of thousands of preferential products and 300 preferential policies - Reduce business digital costs.
As an important support for expanding employment, improving people's livelihood and stabilizing the economy, digital transformation has become a "required course" for small and medium-sized enterprises in the process of moving towards high-quality development. However, most of the small and medium-sized enterprises are faced with the dilemma of "dare not to transfer, will not transfer", and are trapped in a series of problems such as funds, technology and talents.

In response to the above problems, the festival will focus on the six major values ??that enterprises focus on, including business opportunity promotion, superior product discounts, technological innovation, brand enhancement, experience sharing, and talent development, focusing on specialization and innovation, SME bailouts, enterprise start-ups, and Chinese enterprises. Four major scenarios including going to sea to launch actions.

During the festival, HUAWEI CLOUD and its ecological partners will provide more than 10,000 products and release more than 100 new products, covering multiple digital scenarios such as corporate office, financial management, security services, intelligent manufacturing, and data processing. Among them, special support packages are provided for specialization, specialization, rescue of small and medium-sized enterprises, enterprise start-ups, and key scenarios of Chinese enterprises going overseas, including specific product and service packages, digital transformation consulting, experience sharing, talent empowerment, up to one million levels subsidy for cloud migration, etc.

80 cities, thousands of events - Face-to-face relief for businesses.
When talking about specific supportive actions for SMEs, Zhang Xiuzheng, Vice President of Huawei China and President of Huawei Cloud China, said that there are essential differences between the consumer Internet and the industrial Internet. To C's consumer Internet can rely on a purely online approach to achieve business closed loops However, it is very difficult for To B's industrial Internet to achieve a closed-loop business online. It must sink into factories, factories, offices, and work scenarios, and must combine online and offline methods to serve the majority of enterprises.

Therefore, Huawei has linked 30,000 partners covering more than 300 cities and more than 2,000 districts and counties across the country. During the 828 B2B Enterprise Festival, more than 1,000 online and offline events will be held in more than 80 cities across the country, focusing on The three series of activities are "deeply cultivating the industry", "specializing and specializing in new" and "entering Huawei".

At the same time, based on more than 150 enabling cloud innovation centers across the country, Huawei will join forces with ecological partners to support local enterprises in their digital transformation.

It is understood that the month-long 828 B2B Enterprise Festival from August 28th to September 28th will set up four thematic weeks: New Product Release Week, Business Opportunity Promotion Week, Technology Innovation Week and Experience Sharing Week.

Taking Technology Innovation Week as an example, HUAWEI CLOUD will provide an ecological development fund, a support plan for technical partners, and continue to invest in the areas of solution co-creation, developer empowerment, and talent ecology to help developers and SMEs accelerate innovation . At the same time, the Enterprise Festival also advocates that large-scale technology companies open up their own technology ecosystems, so as to better form a technological innovation industry ecosystem and meet the needs of customers in the field of innovation and digitalization.

The Experience Sharing Week unites large enterprises with experience and resources to pass on experience through a combination of online and offline methods, and organize mutual visits between small and medium-sized enterprises to help enterprises better cope with digitalization. complex practice questions.

Chinasoft International's various initiatives - Fully assist the digital transformation of enterprises.
In the first 828 B2B Enterprise Festival, in response to the problems of difficult choices, lack of practice, and lack of benchmarks in the digital transformation of enterprises, Chinasoft International Cloud Intelligence is about to launch the "Digital Intelligence Pioneer X Plan" to gather ecological forces and build 100+ scenarios with partners It can reduce the high threshold for enterprises’ digital transformation; jointly build 20+ industry digital transformation benchmarks with leading enterprises in various industries, form a wide range of radiation demonstration effects, and comprehensively help enterprises to efficiently migrate to the cloud, use it, and use the cloud. Break the dilemma of digital transformation and upgrading of enterprises.

As China's leading Internet platform for the software industry, Chinasoft International Jiefang will carry out a series of activities of "Source Universe". Through the platform's aggregation and empowerment, it will cut into the industry digital scene and invite industry experts and industry outstanding suppliers to find the best solutions from the source. Optimized solutions to empower the digital transformation of government and enterprises. The "Yuanyu" series of activities provides a display platform for partners, and at the same time, it enters the enterprise with lightweight "point-to-point" to help enterprises enhance their brand influence.

Chinasoft International looks forward to joining hands with Huawei and many partners to jointly promote the integrated development of the digital economy and the real economy, give full play to the role of digital technology in amplifying, superimposing, and multiplying economic development, helping small and medium-sized enterprises to digitally transform and upgrade, and achieve good business and become a good business. enterprise!

Chen Yuhong of Chinasoft International: Helping tens of millions of small and medium-sized enterprises in China get on the express train of informatization.

Source
https://www.chinasofti.com/news/2419.htm

August 31, 2022

On August 28, Chinasoft International, as a co-sponsor, officially launched the first "828 B2B Enterprise Festival" jointly initiated by Huawei and its 30,000 ecological partners. The theme of this festival is "to achieve good business and become a good enterprise", aiming to build an innovative development platform for small and medium-sized enterprises. During the launching ceremony, Chen Yuhong, Chairman of the Board and CEO of Chinasoft International Co., Ltd., accepted an exclusive interview with Xinhuanet, saying that dynamic SMEs are an important guarantee for my country's economic resilience and an important foundation for achieving common prosperity. As a leading enterprise in software and information technology services in China, Chinasoft International, like Huawei, has the responsibility and obligation to help tens of millions of small and medium-sized enterprises in China get on the fast train of informatization by leveraging its advantages in IT services and empower enterprises with digitalization growing up very fast.

01
Q: Chinasoft International, as the first co-sponsor of the B2B Enterprise Festival based on digital empowerment in China, please introduce what new policies and measures are in place for the 828 B2B Enterprise Festival? What do you think is the unique value of this corporate festival?
Mr. Chen:
As you all know, 50% of domestic tax revenue is created by SMEs, 60% of GDP, 70% of patents, and even 80% of employment opportunities are created by SMEs. SMEs account for 60% of the total number of Chinese enterprises. 99%. Whether the business of these enterprises can do well and whether they can become good enterprises will directly affect not only economic development and social stability, but also the international livelihood. Therefore, we took this opportunity to jointly launch the 828 B2B Enterprise Festival with Huawei, which is to empower domestic small and medium-sized enterprises so that they can do a good job in business. To be a good company is our starting point.

In such a new era of digitalization and digital economy, a good business will not be without the support of IT, and a good enterprise cannot do without digital transformation. Digital transformation has become a must for enterprises. Therefore, the main purpose of this enterprise festival is to help small and medium-sized enterprises in thousands of industries through our IT service capabilities, cloud service capabilities, etc., to help them develop in the market, acquire customers and products. In the process of production and quality management, improve efficiency and reduce costs, and provide support in the entire development process of the enterprise. At this enterprise festival, tens of thousands of suppliers including Huawei have already participated in providing diversified professional services. As a leading IT service company, Chinasoft International builds a platform through professional IT service capabilities to help companies better access and manage the cloud, and at the same time make some cloud-native applications on the cloud, providing end-to-end professional services from business opportunities to production and sales.

In my opinion, this Enterprise Festival is a grand event that came into being. Although there are many consumer-oriented festivals, none of them is dedicated to enterprises. This is the premise of the 828 B2B Enterprise Festival. Chinasoft International has been making efforts in the field of enterprise IT services since 2015. We have a platform called Jiefanghao, which is to liberate enterprise IT productivity, so that small and medium-sized enterprises who are unable to plan and deploy their own enterprise IT can find suppliers through our Jiefanghao. , to find a solution, in this area we have been stuck for 5 years. As the co-sponsor of this Huawei 828 B2B Enterprise Festival, I call on other enterprises in the industry to stand up together and help more enterprises complete their digital transformation in the form of a festival. Of course, the festival is a starting point, we must stick to it for a long time, and combine online and offline, festivals and festivals to promote our services in a long-term and in-depth manner. I think the Enterprise Festival is a very unique idea. Seizing such a very critical opportunity, we are full of confidence in the success of the 828 B2B Enterprise Festival.

02
Q: What is the entry point of Chinasoft International's digital empowerment and service differentiation in enterprises? Please discuss with actual cases.
Mr. Chen:
As one of the largest software service companies in China, Chinasoft International has profound technical and management skills in both industry coverage, end-to-end services from consulting to operation and maintenance, and the layout in domestic and international regions. precipitation. So how do we take advantage of it? In fact, it is to support these small and medium-sized enterprises in an ecological way. As mentioned just now, we started deploying Jiefang five years ago, and its biggest feature is that it combines the supply side and the demand side through the platform. In Nanjing, the government publishes software service requirements of more than one billion yuan on the Jiefanghao every year. These needs are undertaken by more than 600 ISVs within and outside the province. At the same time, these more than 600 ISVs are also on the Jiefanghao platform. Empowered and managed. Therefore, we say that it is a model of creating, sharing and growing together, and this model forms an ecosystem. At present, we have ranked among the top 80 in the world in the field of software services, and our goal is to achieve the top 10 in the world. How does a business like ours serve customers? It is to serve through the ecology. Similar to Jiefang, we also have a cloud brokerage platform like Huaxia Cloud, which organizes our 5,000 distributors and empowers them through this platform. Therefore, our biggest differentiation is to use our accumulated scale and strength to serve our final customers in an ecological way.

03
Q: What are your expectations and expectations for the future development of the 828 B2B Enterprise Festival?
Mr. Chen:
As a software service company, I am an old programmer myself, and I am looking forward to this enterprise festival. As we all know, no matter what form the digital transformation of an enterprise takes, it is supported by software engineers. At present, there are 8 million software engineers in China, including students from colleges and universities. In a few years, all our programmers will be able to play a role in the 828 festival and the time and scenes it covers. They can be here. Start a business and let more companies grow from here. Following the development of our software industry and empowering thousands of industries, this is my greatest expectation, and I also firmly believe that this day will come.

Chinasoft International's 2022 interim results grow against the trend, revenue exceeds 10 billion and hits a new high.

Source
https://www.chinasofti.com/news/2415.htm

August 29, 2022

In the first half of 2022, the company's performance grew against the trend, with revenue reaching 10.025 billion yuan, a year-on-year increase of 20.2%, cloud intelligence business revenue of 3.212 billion yuan, a year-on-year increase of 50.8%, and profit attributable to owners of the company increasing by 10.4% year-on-year.

In the first half of 2022, under the background of repeated domestic epidemics and changing global situations, the company responded to external changes with the power of the system, grasped the software to define the future and drive future opportunities, and continuously strengthened capacity building. Quality, valuable and meaningful business portfolio development formation. The company's cornerstone business has made steady progress, the cloud intelligence business has developed rapidly, and new businesses such as intelligent Internet of Things, enterprise application services, and intelligent vehicles have innovated and broken through in an evolutionary way, seeking new potential energy and achieving milestone breakthroughs. The company's mid-term revenue exceeded 10 billion for the first time, hitting a new high since its listing. The company has been shortlisted in Gartner's top 100 global ITS service providers for four consecutive years. This year, it ranks 80th, and the ranking continues to improve!

Deeply ploughing OpenHarmony's "black soil" - Build a win-win ecosystem for all things intelligent connection.
During the reporting period, the company joined hands with Shenzhen Kaihong Digital Industry Development Co., Ltd., adhering to the original intention of "come from open source, to open source", based on the OpenHarmony system framework, relying on the company's rich industry ecological precipitation, Based on multi-scenario intelligent services, create "industry excellence" and scenario solutions around customers. In the fields of smart transportation, digital energy, smart manufacturing, smart party and government, smart finance, smart home and other fields, the company joins hands with Shenzhen Kaihong to build an open source Hongmeng application benchmark, promote the adaptation of open source Hongmeng commercial distributions, and build a win-win open source ecosystem. Provide full-stack service support for government and enterprise customers.

During the reporting period, the company established the Intelligent Internet of Things (AIoT Initiative Group, "AIG"), with the mission of prospering Hongmeng Ecology and open source Hongmeng Ecology, based on "Kaihong OS" and its technology of Shenzhen Kaihong, and focusing on domestic replacement of AIoT Make joint innovations with key categories of leading manufacturers to break through industries and key regional markets. As a powerful tool for industry cloud, management, edge and end, the company has transformed its position advantage into a competitive advantage, aiming to become the main force in the ecological construction of open source Hongmeng and Hongmeng Zhilian, and open up the second battlefield of the company's 2C and software-hardware integrated business.

During the reporting period, the company and Shenzhen Kaihong closely followed the direction of the national science and technology development strategy, took the open source Hongmeng scenario-based innovation as the lead, focused on the development of the industrial digital economy, and joined hands with Shenzhen and Tianjin to build the city of Hongmeng, building a perfect industrial ecology, leading core technologies, The open source industry highland with rich application scenarios and strong industrial competitiveness will jointly build a new pattern of independent innovation and intelligent Internet of Things. At the same time, the company fully integrates Jiefanghao with AIoT, and has launched industrial Internet platforms in several important cities, helping ecological enterprises to connect with the open source Hongmeng system, and actively promoting the application of open source Hongmeng in thousands of industries.

Cloud intelligence business achieves another success - Become a customer's digital and intelligent transformation co-creation partner.
During the reporting period, the cloud intelligence business increased the conversion rate vertically along the path of "going to the cloud, managing the cloud, and cloud native", and built a business form of "platform + service"; horizontally, through the method of "understanding the cloud, understanding the practice, and gathering ecology", it continuously strengthened With its own advantages, it will expand its market share, and its cloud intelligence business will achieve great results, creating a non-linear growth pole. In the "IDC China Cloud Professional Service Market Insights" ranking, the two market segments of cloud migration services and cloud development services have once again topped the list, ranking TOP 2 in the "IDC third-party cloud management service market".

In 2022, The company ushered in the 5th anniversary of "Standing together through thick and thin, and coexisting on the cloud" with HUAWEI CLOUD. In the past five years, the company has closely followed the pace of the HUAWEI CLOUD team, and is determined to be the vanguard of HUAWEI CLOUD's siege. The company's HUAWEI CLOUD performance has also achieved five consecutive years. rapid growth. During the reporting period, the company and HUAWEI CLOUD added 4 joint operation innovation centers in Hebei, Zhejiang, Guangdong, and Shaanxi. So far, the number of innovation centers jointly operated by the company and HUAWEI CLOUD has reached 13, ranking first among China's third-party industrial cloud operation models.

During the reporting period, the company jointly innovated with the industry's top ICT infrastructure and smart terminal providers, and focused on digital RMB, Xinchuang and other tracks in the financial field for in-depth deployment; in the transportation field, it deepened strategic cooperation with customers such as Tianjin Port and Zhoushan Port to create Intelligent benchmark for ports and terminals; in the manufacturing field, cooperate with MCC Baosteel to create a digital scenario scheme for the steel industry. At the same time, the company also focuses on smart hospitals, smart education, construction real estate, smart mines and other fields to create comprehensive solutions, and build a solution matrix covering all scenarios of digital transformation.

During the reporting period, based on the strategic partnership of "brand, willingness, strength, and trust", the company cooperated with UFIDA, Kingdee, Anheng and other partners to empower the energy, manufacturing, high-tech and other industries with the power of ecology. Thousands of industries work together to boost the development of the digital economy. At the same time, relying on the industry's top ICT infrastructure and smart terminal providers, local governments and state-owned platforms and other super integrator channels, the company cultivates, builds and accumulates digital consulting and solution service capabilities, and continuously improves the brand influence of "digital transformation service experts". force.

Lean operation of cornerstone business - Software Factory Builds Company's Long-term Competitive Advantage.
The company continues to improve the service quality and service value of the software factory, promote the output of the software factory's lean 2.0 model capabilities, support the company to develop high-quality and large-scale market space, and build a long-term competitive advantage. During the reporting period, the company positioned the software factory as the core capability carrier, and further expanded the scope of cooperation with customers in the finance, telecommunications, Internet, high-tech, automobile and other industries.

During the period, the company seized the strategic opportunity for leapfrog development of the industry brought by the industry's top ICT infrastructure and the strategy of intelligent terminal service providers, and jointly innovated in key industries to form industry solutions with strong strategic relevance. Government affairs and other industries have landed.

During the period, the company's financial business grew steadily. In the "IDC China Banking Industry IT Solutions Market Share" ranking, Chinasoft International ranked TOP 2 in the three major areas of payment settlement, transaction banking and risk management. During the period, the company added 27 new customers including domestic and foreign banks, private banks, non-bank financial institutions and overseas financial institutions. During the period, the company actively participated in the digital RMB construction of many large state-owned banks, national joint-stock banks, city commercial banks, rural credit cooperatives and foreign banks.

During the period, the company's Internet customer business continued to develop steadily. In terms of Tencent's business, the company has launched comprehensive cooperation in business areas such as video accounts, WeChat payment, corporate WeChat, and live broadcast, and has added new business cooperation with Tencent Music and Tencent Public Welfare. The company and Alibaba have achieved more business scope expansion, and successfully entered the framework supplier sequence of multiple business lines such as Ant Digital Technology. The cooperation between the company and Baidu will continue to develop in depth, and will join hands with Baidu to build a "platform + service" ecosystem. Multiple benchmarking projects. During the reporting period, the company's cooperation with ByteDance, JD.com, and Meituan achieved rapid business growth.

During the reporting period, the company deeply cultivated operator customers and reached the first joint venture with China Mobile based on the "9 One Platform", providing China Mobile Internet of Things with integrated delivery services based on the OneNET urban Internet of Things platform. The company was shortlisted for China Mobile's DICT Integration Library Industrial Internet Sub-library, big data service scenario sub-library, carry out comprehensive cooperation in the fields of 5G + industrial Internet, DICT solutions and other fields. The company has also become a consulting business development community partner of China Mobile Digital Intelligence Technology Co., Ltd. in the fields of party and government, industrial energy, transportation, finance, big data and other industries, providing it with a package of "consulting + product + service" services.

During the reporting period, the company further expanded its business scale in the field of automotive software, and continued to expand its customers of car manufacturers. The company established cooperation with Geely Krypton, Lotus, Volvo, Lynk & Co and other manufacturers, in the fields of intelligent cockpit and assisted driving of Hezhong new energy vehicles. Achieve business breakthroughs. During the reporting period, the company added the Dongfeng Mengshi automobile project and the PATEO Internet of Vehicles project, an automobile Tier 1 manufacturer. At the same time, the company has steadily promoted business development in the fields of new-generation digital cockpit, intelligent driving, intelligent vehicle control, vehicle-machine interconnection, and new vehicle energy, focusing on customers such as Great Wall, NIO, and Elabi. The company also combines BYD's automotive intelligent technology advantages, leverages the company's industry application development experience and ecological co-construction capabilities, and helps the development and construction of the mobile terminal of BYD's intelligent network connection system.

Jiefang Hao accelerates the creation of "platform + service" digital full-service.
During the reporting period, Jiefang has accelerated the creation of a digital full-process service system based on the "platform + service" model, established a personal service model for project stewards, escorted the entire process of digital transformation of government and enterprise customers, and created differences by greatly upgrading and optimizing the whole-process service. To improve competitiveness, Jiefanghao provided full-process services to 438 government and enterprise customers in the first half of the year, involving a project value of 3.8 billion, forming a GTV with revenue of 1.62 billion. During the reporting period, Jiefang Hao further expanded the scope of urban deep cultivation. On the basis of Suzhou, Nanjing, Chongqing and Shenzhen last year, Wuhan, Changsha, Ningbo and Zhengzhou have been added to form a "4+4" urban deep-cultivation pattern. Facing the government market, Jiefanghao relies on bridgehead businesses such as political data and political mining. In the first half of the year, the whole process of service covered customers involving party and government organs, public security, medical care, education and other industries. Facing the enterprise market, Jiefanghao has achieved more than 20 industry leading customer coverage, involving core industries such as finance, energy, and vertical e-commerce, creating a benchmark for enterprise services, leading the whole process of service transformation in enterprise scenarios, and building a new market growth pole.

Looking forward to the future, the company will continue to move towards the goal of becoming a global leader in technology-based IT services, becoming the most reliable and reliable partner in the process of industrial digitization and intelligence, leveraging the advantages of lean software engineering capabilities, and focusing on digital intelligence. Can, accelerate the implementation of the value of cloud services and industry solutions, deeply cultivate the "black land" of open source Hongmeng, firmly believe in the cause of national rejuvenation, and aspire to become the absolute leader in China's IT service field, so as to achieve "the most needed by the country and the most critical in the industry". , the most recognized by customers, the most trusted by partners, and the most proud of employees", becoming one of the very valuable world-class corporate brands that make up the territory of the great motherland!

The solo traveler is fast and the crowd is far away|Chinasoft International Cloud Creation Camp Phase II and Eco-Partnership Cooperation Signing Successfully Completed.

Source
https://www.chinasofti.com/news/2411.htm

August 25, 2022

Recently, "Chinasoft International Cloud Creation Camp Phase II - Core Ecological Partner CXO Thinking Sharing Conference" was successfully held in Dongguan, Guangdong. In this cloud innovation camp, Chinasoft International and HUAWEI CLOUD as the core eco-partner CXO discussed how to accelerate partnership capabilities & business Win-win, seize industry opportunities, and build business value for exchanges and discussions. At the same time, Chinasoft International signed ecological cooperation agreements with core ecological partners, and all parties reached consensus on deepening ecological cooperation and other matters.

Gao Feng, Director of the Ecological Development Department of HUAWEI CLOUD China, said in his opening speech that the growth of HUAWEI CLOUD cannot be separated from the support of all partners. As a core partner of HUAWEI CLOUD, Chinasoft International has achieved rapid overall performance growth in the past three years. Ability to maintain leadership.

In addition, HUAWEI CLOUD attaches great importance to cultivating and developing partner capabilities. In the recently released new partner cooperation framework, centered on the two cooperation systems of GoCloud and GrowCloud, HUAWEI CLOUD helps partners build rich solutions and services in HUAWEI CLOUD, expand customer coverage, and accelerate sales growth. , to achieve business win-win. In the future, HUAWEI CLOUD will accelerate joint innovation with partners and continue to create value for customers.

Yan Guodong, general manager of the ISV customer sales department of Chinasoft International Cloud Intelligence Business Group, said in his opening speech that Chinasoft International Cloud Business has established a "Teaching Wutang" internally, aiming to build a digital iron army and a practical classroom for cultivating compound ecological talents; "Cloud Creation Camp" aims to become an exchange platform for core partners' ecological mutual assistance and win-win symbiosis. Cloud Creation Camp is derived from the meaning of "born from the cloud, creating changes". It has now progressed to the second phase, and will continue to work with partners to achieve "hundred-year-old cloud" together! Believing in the power of "belief", Chinasoft International will cooperate with capable cloud partners to form mutual cooperation of resources and capabilities in various regions, increase food supply, raise "sharks", deepen and penetrate the industry, and open up "cloud management, cloud management" , cloud native", continue to build a large ecosystem, and in the next joint battle, stand together through thick and thin, and strive for a greater victory.

Wu Xiaoqiang, Senior Ecological Director of the Ecological Development Department of HUAWEI CLOUD China/Head of Software Partner Development, pointed out in his keynote speech that HUAWEI CLOUD's new partnership system reform includes 1 unified identity, 2 cooperation frameworks (GoCloud and GrowCloud), and 6 Partner role, and comprehensively accelerate the growth of partners. At the same time, the HUAWEI CLOUD Marketplace has been newly upgraded to the cloud store KooGallery, which will be fully upgraded from the four dimensions of "richness, quality, innovation, and win-win", and is committed to becoming the preferred enterprise application platform for users. In terms of intermodal transportation, HUAWEI CLOUD will comprehensively upgrade from three dimensions: business model, resource support, and MaaS (cloud store as a service model). By opening up more support resources, HUAWEI CLOUD will help partners and developers quickly achieve business success. In the future, HUAWEI CLOUD will focus on the new partner system, continue to carry out ecological innovation, and provide partners and developers with a support path covering the entire development process.

Cheng Kai, general manager of the Marketing Department of Chinasoft International Cloud Intelligence Business Group, said in his keynote speech that Chinasoft International Cloud Intelligence Business Group, based on the ecological concept of "jointly building a cloud ecosystem and achieving a win-win future on the cloud", has created "cloud management, cloud management, cloud management, and cloud management". Cloud native" full-stack cloud service platform, providing consulting, integration, migration, operation and maintenance and other cloud management services covering the whole life cycle of customers. Chinasoft International's joint partners and HUAWEI CLOUD continue to innovate together. At present, they have jointly helped customers in digital government, smart parks, smart hospitals, smart education, smart industrial parks and other fields to help customers transform and upgrade. In the future, Chinasoft International will join hands with more capable ecosystems Partner, win-win and grow together, and become the leader in the cloud professional & cloud management service market.

Wang Qingchen, CEO of Nanjing Yunwen Network Technology Co., Ltd., and Liu Meng, Vice President of Maidong Internet Beijing Information Technology Co., Ltd., delivered keynote speeches as partner representatives respectively. From the perspective of partners, they explained how to co-create with Chinasoft International and Huawei Cloud, and promote partners to accelerate business growth. . At the same time, Chinasoft International cooperated with Nanjing Yunwen Network Technology Co., Ltd., Beijing CCCC Huilian Information Technology Co., Ltd., Maidong Internet Beijing Information Technology Co., Ltd., Guangzhou Wanhu Network Technology Co., Ltd., and Xianshan (Xiamen) Cultural Communication Co., Ltd. , Six core partners of Bocheng Jingwei Software Technology Co., Ltd. signed an ecological cooperation agreement, and all parties reached a consensus on deepening ecological cooperation. The upstream and downstream should carry out ecological cooperation on a larger scale, in more fields and at a deeper level.

This Cloud Creation Camp specially invited Wang Taiwen, a distinguished professor and senior management consultant of Huawei University, to give a wonderful sharing on the theme of "Huawei's Business Strategy and Its Strategy Decoding Methodology". Starting from the "Huawei Basic Law", we will interpret Huawei's business strategy and share how to implement the strategy. The trainees said that the Cloud Creation Camp provided everyone with a very good opportunity to learn and communicate. They deeply felt the importance and business support of Chinasoft International and HUAWEI CLOUD to ecological partners and had a close understanding of Huawei's advanced strategic management and organizational management. In the future, we look forward to coexisting with Chinasoft International and HUAWEI CLOUD on the cloud to create a better future.

"Cloud Creation Camp" is an exchange platform for ecological mutual assistance and win-win symbiosis created by Chinasoft International for cloud partners CXO. and the forefront of ecological innovation. In the future, Chinasoft International will unswervingly be the co-creator and supporter of ecological partners, and work together with partners to build a new industrial ecology of co-creation, sharing and win-win. The one who walks alone is fast, the one who walks is far. In the future, Chinasoft International will rely on the strategic cooperation with Huawei to help each other in the same boat. With its many years of appeal in the industry, Chinasoft International will move forward side by side with many partners, and will unswervingly be the co-creator and supporter of cloud ecological partners. Build a new industrial ecology of co-creation, sharing and win-win together, and create a new industrial pattern!

Deeply cultivating financial digitization, Chinasoft International ranks TOP 2 in the three major segments of China's banking industry IT solutions.

Source
https://www.chinasofti.com/news/2410.htm

August 19, 2022

On August 17, the authoritative IT market research and consulting agency IDC released the "China Banking Industry IT Solutions Market Share 2021" report. Chinasoft International ranked TOP2 in the three major areas of payment and settlement, transaction banking and risk management, channel management, Internet credit, Mobile banking ranks TOP4, data intelligence and credit operation ranks TOP5, occupying a dominant market position.

The IDC report shows that in 2021, the scale of China's banking IT solutions market will continue to grow, with a slight slowdown in growth rate. The independent innovation of IT technology, the construction and utilization of basic data capabilities, and the construction of digital business and channels have attracted the attention of many banks. Meanwhile, the market competition of bank IT solutions is fierce in major segments. Facing market challenges, Chinasoft International looks ahead to industry trends, continues to research and develop, and constantly expands the boundaries of its own solution capabilities.

In terms of payment and settlement, the company relies on the unified acquiring platform, takes payment as the entry point and merchants as the core, uses big data, AI, etc., to open up the upstream and downstream of merchants, and build a closed-loop financial ecological product system of "consumer + merchant + bank". Has accumulated 100+ banks and third-party payment institutions. In addition, Chinasoft International is one of the first domestic manufacturers to participate in the construction of the digital renminbi system, and has a number of successful cases of consulting and planning by digital renminbi operating agencies.

In terms of transaction banking, the company actively explores the cross-industry application of supply chain finance, and in 2021 will build a new generation bill business system (NBMS5.0), and successfully implement innovative business projects such as industrial finance and electronic creditor's rights certificates in a number of commercial banks. , through continuous iterative upgrade of digital supply chain financial solutions, to assist customers in various industries to build a competitive industry-finance integration, multi-flow integration supply chain financial ecosystem.

In terms of risk management, Chinasoft International has established three major product systems: pre-loan credit review and approval, in-loan risk monitoring, and post-loan non-performing management, and deeply applies cutting-edge technologies to provide customers with full-process risk solutions. At present, we are continuing to gain insight into the policy changes on post-loan disposal of non-performing assets, focusing on non-performing asset assessment, non-performing asset transfer, asset securitization and other links, further strengthening the development and construction of relevant intelligent products, and reaching more financial institution customers.

In the past year, Chinasoft International's development in data intelligence has also been recognized by the market, and it has continued to participate in the construction of sub-field projects such as data middle-office, data governance, real-time data analysis, etc., from consulting planning to product formation, to achieve data collaboration and integration. Improve business application and decision-making efficiency; start with data consulting, and gradually improve the data platform service system through unified data product catalog, index standard system construction and data asset inventory, and implement a number of national joint-stock banks and city commercial banks. Big data benchmarking projects.

In addition, in this report, Chinasoft International has also achieved a certain market position in the segments of credit operations, mobile banking, Internet credit, and channel management. Technological blessings and multi-point blooming are in line with the Group's pursuit of business quality, value and significance, as well as the business philosophy of stable and long-term development.

Against the background of normalization of epidemic prevention and control and the increasingly complex economic situation at home and abroad, the banking industry has entered a deep-water area of ??digital transformation. Chinasoft International will continue to rely on its profound accumulation in the field of financial payment to gain an in-depth insight into the digital development trend of the financial industry, keep close to customers' digital strategic needs, accelerate the independent research and development of products and technologies, strengthen joint innovation with ecological partners from all walks of life, and continue to polish the best Financial digital solutions, become the preferred solution provider and preferred consulting expert for the digital transformation of the financial industry!