Company:Yonyou

From HandWiki
Yonyou Network Technology Co., Ltd.
TypePublic
SSE: 600588
IndustryInformation technology
Founded1988
Headquarters
Beijing
,
China
Key people
  • Wang Wenjing
  • (Chairman)
ProductsSoftware
RevenueCN¥8,931.8 million (FY 2021)[1]
Total assetsCN¥17,329.34 million (31 December 2021)[2]
Total equityCN¥6,987.46 million (31 December 2021)[2]
Number of employees
21000[citation needed]
Websiteintl.yonyou.com

Yonyou (officially Yonyou Network Technology Co., Ltd., formerly yonyou Software Co., Ltd.)[3] is a Chinese company, principally engaged in the development and distribution of enterprise management software and cloud services.

Yonyou has around 230 branches worldwide, including mainland China, Malaysia, Singapore, Macau, Hong Kong, Taiwan, Thailand and Indonesia.

History

The company was founded in 1988.[4]

In January 2024, founder Wang Wenjing stepped down as president of Yonyou while remaining chairman and chief executive officer. Veteran company executive Chen Qiangbin succeeded him as president.[5] In January 2025, Yonyou appointed former SAP executive Huang Chenhong as president of the company.[6]

Products

Yonyou provides enterprise cloud services and management software enterprise resource planning (ERP) including Supply Chain Management (SCM), Customer Relationship Management (CRM), Human Resources (HR), business intelligence (BI), Office Automation (OA), Financial Management (FMS), etc. It also offers industry-wide solutions for retail, education, F&B, finance, construction, public organization and so on.

Market share

Annual market reports from independent research firms, IDC and CCID Consulting, ranked Yonyou as China's No. 1 management solution provider over a period of five years.

Yonyou Network Technology announced its financial results for 2021. Gross revenue amounted to RMB 8.932 billion (US$1.404 billion). Revenue from cloud services (excluding financial cloud services) amounted to RMB 5.321 billion (US$836 million), up 55.5% year-on-year.[7]

See also

References

  1. ↑ "600588.SS - Yonyou Network Technology Co Ltd Financials". https://www.reuters.com/markets/companies/600588.SS/financials/income-annual. 
  2. ↑ 2.0 2.1 "600588.SS - Yonyou Network Technology Co Ltd Financials" (in en). https://www.reuters.com/companies/600588.SS/financials/balance-sheet-annual. 
  3. ↑ "600588.SS - Yonyou Network Technology Co Ltd Profile" (in en). https://www.reuters.com/companies/600588.SS. 
  4. ↑ "UAE’s Foresee Solutions signs regional partnership with Yonyou at GITEX Global". Gulf Business. 2025-10-16. https://gulfbusiness.com/en/2025/events/uaes-foresee-solutions-signs-regional-partnership-with-yonyou-at-gitex-global/. 
  5. ↑ Jiang, Ben (2024-01-05). "China’s ‘king of software’, Wang Wenjing, steps down as president of enterprise management systems firm Yonyou amid mounting losses". South China Morning Post. https://www.scmp.com/tech/big-tech/article/3247446/chinas-king-software-wang-wenjing-steps-down-president-enterprise-management-systems-firm-yonyou. 
  6. ↑ Luo, Yi (2025-01-10). "Chinese software firm Yonyou picks former senior SAP executive as new president". South China Morning Post. https://www.scmp.com/tech/tech-trends/article/3294235/chinese-software-firm-yonyou-picks-former-senior-sap-executive-new-president. 
  7. ↑ "Yonyou Announces its Annual Report 2021" (in en-US). 2022-03-22. https://www.yonyou.com.hk/yonyou/yonyou-annual-report-2021/. 




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