Kingsoft Office(SH:688111) Nan Fang Du Shi Bao·2025-07-31 07:15Core Viewpoint - The software industry in China has made significant progress over the past thirty years, but there remains a substantial gap compared to international giants like Microsoft, which has a market value of $300 billion for its Office suite, while Kingsoft Office is valued at only $20 billion [1]. Group 1: Software Industry Development - Kingsoft's CEO highlighted the need for strong software support for future development, indicating that there is still a long way to go for the industry [1]. - The usage rate of legitimate software in China has room for improvement compared to developed countries, with historical data showing a rise from 0.15% in 1989 to 1.2% in 1997 for Kingsoft products [1]. Group 2: Progress in Legitimate Software Usage - Kingsoft's legitimate software usage rate has increased significantly to nearly 20% as of last year, marking a substantial breakthrough from previous levels [2]. - Despite the progress from 0.15% to 20%, the absolute value remains low, indicating further potential for growth in the legitimate software market [2]. Group 3: Challenges in the AI Era - The advent of AI technology presents new challenges regarding software usage rights and ownership of creative works, necessitating legislative support and strict regulatory enforcement [2]. - Issues such as data sharing and the relationship between secondary creation and original creators are becoming increasingly complex in the context of AI development [2].