Core Viewpoint - The company is in the process of applying for the public issuance of H-shares and listing on the Hong Kong Stock Exchange, with the application submitted on June 27, 2025, and updated on December 29, 2025 [1][2]. Group 1: Issuance and Listing Progress - The company has submitted its application for the issuance of H-shares to the Hong Kong Stock Exchange and published the application materials on the same day [1]. - An update to the issuance application, including company information and financial data, was submitted to the Hong Kong Stock Exchange on December 29, 2025 [1]. - The application materials are prepared in accordance with the requirements of the Hong Kong Stock Exchange and the Hong Kong Securities and Futures Commission, and may be updated or revised [1]. Group 2: Investor Information - The issuance and listing are limited to qualified overseas investors and domestic qualified investors under Chinese laws, and the application materials will not be published on domestic exchanges [2]. - A link to the application materials on the Hong Kong Stock Exchange website is provided for domestic investors to access relevant information [2]. Group 3: Regulatory Approval - The issuance and listing are subject to approvals from the Hong Kong Securities and Futures Commission, the Hong Kong Stock Exchange, and the China Securities Regulatory Commission, indicating uncertainty in the process [3]. - The company will fulfill its information disclosure obligations in accordance with the progress of these approvals [3].

据港交所12月29日披露，用友网络（600588）科技股份有限公司(简称：用友网络，600588.SH)向港交所主板递交上市申请，招银国际、中信证券为其联席 保荐人。这是该公司年内第二次递表港交所，曾于6月27日递交过上市申请。根据弗若斯特沙利文的资料，以2024年收入计，公司是中国企业软件及服务市 场最大的市场参与者，市场占有率达4.1%，且按2024年海外收入计，公司亦为中国最大的境内企业软件公司。 | [編纂]的[編纂]數目 | : [編纂]股H股(視乎[編纂] | | --- | --- | | | 行使與否而定) | | [編纂]數目 .. | [编纂]股H股(可予[編纂]) | | [編纂]數目 | :「編纂]股H股(可予[編纂]及 | | | 視乎[編纂]行使與否而定) | | 最高[編纂] .. | 每股H股[編纂]港元,另加1.0%經 | | | 紀佣金、0.0027%證監會交易徵 | | | 費·0.00015% 會財局交易徵費及 | | | 0.00565%聯交所交易費(須於申請時 | | | 以港元繳足,多繳款項可予退還) | | 面值 .. | 每股H股人民幣1.00元 | | 「编 ...

用友网络科技股份有限公司 关于发行 H 股并上市的进展公告 股票简称：用友网络 股票代码：600588 编号：临 2025-092 公司本次发行并上市尚需取得香港证监会和香港联交所、中国证券监督管理 委员会等相关政府机关、监管机构、证券交易所的批准、核准或备案，该事项仍 存在不确定性。公司将根据该事项的进展情况依法及时履行信息披露义务，敬请 广大投资者注意投资风险。 特此公告。 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 用友网络科技股份有限公司（以下简称"公司"）正在进行申请境外公开发 行股票（H 股）并在香港联合交易所有限公司（以下简称"香港联交所"）主板 上市（以下简称"本次发行"）的相关工作。公司已于 2025 年 6 月 27 日向香港 联交所递交了本次发行的申请，并于同日在香港联交所网站刊登了本次发行的申 请资料。 根据公司发行计划及香港联交所的相关要求，公司于 2025 年 12 月 29 日向 香港联交所更新了发行申请及部分公司信息和财务数据等，并于同日在香港联交 所网站刊登了相关更新文件。该申请材料 ...

Company Overview - Yonyou Network Technology Co., Ltd. is a leading provider of enterprise software and intelligent services, focusing on the development and innovation of digital intelligence software and services based on AI, big data, and cloud computing [3] - The company has evolved from accounting-centric systems to comprehensive enterprise systems, and now to a digital intelligence platform, with its core products transitioning from financial management software to ERP software and the Yonyou Business Innovation Platform (Yonyou BIP) [3] Product and Service Offering - Yonyou BIP serves as the core platform for the company's cloud services, providing comprehensive tools and resources for digital transformation and intelligent operations [4] - The company offers a wide range of enterprise software and intelligent service products, including cloud services and software products, with a customer base covering 76% of the Fortune China 500 companies for 2024 [4] Financial Performance - The company reported revenues of approximately RMB 8.89 billion, RMB 9.44 billion, RMB 8.82 billion, and RMB 3.43 billion for the fiscal years 2022, 2023, 2024, and the six months ending June 30, 2025, respectively [6] - Gross profit for the same periods was approximately RMB 4.89 billion, RMB 4.65 billion, RMB 4.06 billion, and RMB 1.60 billion, with corresponding gross margins of 55.0%, 49.3%, 46.0%, and 46.7% [7] - The company recorded net profits of approximately RMB 225 million, a loss of RMB 933 million, a loss of RMB 2.07 billion, and a loss of RMB 981 million for the same periods [8] Market Position - Yonyou Network is the largest market participant in China's enterprise software and services market, with a market share of 4.1% based on 2024 revenue [1] - The global enterprise software and services market is projected to grow from USD 258.4 billion in 2020 to USD 381.3 billion in 2024, with a compound annual growth rate (CAGR) of 10.2% [10] - China's enterprise software and services market is expected to grow from RMB 140 billion in 2020 to RMB 211.9 billion in 2024, with a CAGR of 10.9% [12] Cost Structure - The primary cost components for companies in the Chinese enterprise software and services market include salaries and benefits for employees, with average annual salaries expected to increase from RMB 101,300 in 2020 to RMB 123,200 in 2024 [14] Board of Directors - The board of directors consists of eight members, including five executive directors and three independent non-executive directors, with terms lasting three years [16] Shareholding Structure - The major shareholder, Mr. Wang Wenjing, holds a combined 41.59% stake through various entities, with additional shareholders holding smaller percentages [18]

Company Overview - Yonyou Network Technology Co., Ltd. is a leading provider of enterprise software and intelligent services, focusing on the development and innovation of digital intelligence software and services based on AI, big data, and cloud computing [3] - The company has evolved from accounting-centric systems to comprehensive enterprise systems and now to a digital intelligence platform, with its core products transitioning from financial management software to ERP software and the Yonyou Business Innovation Platform (Yonyou BIP) [3] Market Position - As of 2024, Yonyou Network is the largest market participant in China's enterprise software and services market, holding a market share of 4.1% based on revenue [1] - The company is also recognized as the largest domestic enterprise software company in China based on overseas revenue [1] Financial Performance - The company's revenue for the fiscal years 2022, 2023, 2024, and the six months ending June 30, 2025, were approximately RMB 8.89 billion, RMB 9.44 billion, RMB 8.82 billion, and RMB 3.43 billion respectively [6] - Gross profit for the same periods was approximately RMB 4.89 billion, RMB 4.65 billion, RMB 4.06 billion, and RMB 1.60 billion, with corresponding gross margins of 55.0%, 49.3%, 46.0%, and 46.7% [7] - The company reported net profits of approximately RMB 225 million, a loss of RMB 933 million, a loss of RMB 2.07 billion, and a loss of RMB 981 million for the respective periods [8] Customer Base and Services - Yonyou Network has a strong customer base, covering 76% of the Fortune China 500 companies for 2024, with a 31.5% increase in cloud service customers from 2022 to 2024 [4] - The company offers a range of enterprise software and intelligent service products, including cloud services and software products, with a focus on end-to-end services for large enterprises [4] Industry Overview - The global enterprise software and services market is projected to grow from USD 258.4 billion in 2020 to USD 381.3 billion by 2024, with a compound annual growth rate (CAGR) of 10.2% [10] - China's enterprise software and services market is expected to grow from RMB 140 billion in 2020 to RMB 211.9 billion by 2024, with a CAGR of 10.9% [12]

智通财经APP获悉，据港交所12月29日披露，用友网络科技股份有限公司(简称：用友网络， 600588.SH)向港交所主板递交上市申请，招银国际、中信证券为其联席保荐人。这是该公司年内第二次 递表港交所，曾于6月27日递交过上市申请。招股书显示，用友网络是领先的企业软件与智能服务提供 商，致力于应用以AI、大数据、云计算为核心技术的企业数智化软件与智能服务的研发创新、销售与 服务。根据弗若斯特沙利文的资料，以2024年收入计，公司是中国企业软件及服务市场最大的市场参与 者，市场占有率达4.1%，且按2024年海外收入计，公司亦为中国最大的境内企业软件公司。 | 壽纂]的[編纂]數目 | : [編纂]股H股(視乎[編纂] | | --- | --- | | | 行使與否而定) | | [編纂]數目 | :「編纂]股H股(可予[編纂]) | | [編纂]數目 | : [编纂]股H股(可予[編纂]及 | | | 視乎[編纂]行使與否而定) | | | 最高[編纂] : 每股H股[編纂]港元,另加1.0%經 | | | 紀佣金、0.0027%證監會交易徵 | | | 費、0.00015% 會財局交易徵費及 | | | ...

据港交所12月29日披露，用友网络（600588）科技股份有限公司(简称：用友网络，600588.SH)向港交 所主板递交上市申请，招银国际、中信证券为其联席保荐人。这是该公司年内第二次递表港交所，曾于 6月27日递交过上市申请。招股书显示，用友网络是领先的企业软件与智能服务提供商，致力于应用以 AI、大数据、云计算为核心技术的企业数智化软件与智能服务的研发创新、销售与服务。根据弗若斯 特沙利文的资料，以2024年收入计，公司是中国企业软件及服务市场最大的市场参与者，市场占有率达 4.1%，且按2024年海外收入计，公司亦为中国最大的境内企业软件公司。 ...

智通财经APP获悉，据港交所12月29日披露，用友网络科技股份有限公司(简称：用友网络， 600588.SH)向港交所主板递交上市申请，招银国际、中信证券为其联席保荐人。这是该公司年内第二次 递表港交所，曾于6月27日递交过上市申请。招股书显示，用友网络是领先的企业软件与智能服务提供 商，致力于应用以AI、大数据、云计算为核心技术的企业数智化软件与智能服务的研发创新、销售与 服务。根据弗若斯特沙利文的资料，以2024年收入计，公司是中国企业软件及服务市场最大的市场参与 者，市场占有率达4.1%，且按2024年海外收入计，公司亦为中国最大的境内企业软件公司。 ...

本文源自：金融界AI电报 据港交所文件：用友网络科技股份有限公司向港交所提交上市申请书。 ...

每经AI快讯，12月29日，港交所文件显示，用友网络（600588）科技股份有限公司向港交所提交上市 申请书，联席保荐人为招银国际、中信证券。 ...