Kingsoft Office(SH:688111) Cai Jing Wang·2025-11-25 13:34Core Viewpoint - Kingsoft Office has upgraded WPS 365 to a global one-stop AI collaborative office platform, introducing new products such as WPS Lingxi Enterprise Edition and Team Space, along with upgrades to its core AI products, aiming to maximize organizational efficiency and integrate various office tools at a competitive cost [1][3][6]. Group 1: Product Offerings - WPS 365 now features a comprehensive product matrix that integrates messaging, documents, meetings, emails, and smart document libraries, addressing challenges faced by expanding organizations [3][4]. - The newly launched "Team Space" allows teams to create dedicated collaborative spaces for projects, enhancing the precision of AI-driven business knowledge acquisition [3][4]. - The international version of WPS 365 will support cross-regional and cross-language operations, ensuring compatibility with Microsoft 365 [4][6]. Group 2: Cost Efficiency - WPS 365 offers a cost-effective solution, with total ownership costs being less than one-third of the industry average, integrating functionalities of multiple high-cost software products [6][7]. - The cost comparison shows that purchasing WPS 365 at 1,500 RMB is significantly cheaper than acquiring equivalent functionalities from various other software, which would total around 5,700 RMB [6][7]. Group 3: Data Security and Compliance - WPS 365 emphasizes data security, offering private, public, and hybrid cloud deployment options, along with a self-developed private engine that ensures low-cost operation and continuous upgrades [7][9]. - The platform provides comprehensive security strategies covering the entire data lifecycle, addressing challenges related to data sovereignty and standardization [7][9]. Group 4: AI Integration and Organizational Intelligence - The AI platform within WPS 365 enables organizations to upgrade existing systems intelligently, facilitating the extraction and analysis of data from accumulated documents [9][10]. - The "Enterprise Brain" concept aims to activate organizational knowledge, allowing the platform to understand data, organization structure, and business needs [10][13]. - The intelligent document library and AI-driven search functionalities enhance knowledge retrieval and document management efficiency [13][14]. Group 5: Market Impact and Growth - WPS 365 has served over one million enterprise clients, including more than 18,000 major government and enterprise customers, demonstrating its widespread adoption across various industries [15]. - The revenue growth of WPS 365 has been significant, with quarterly revenues showing over 60% year-on-year growth, indicating its role as a key growth driver for Kingsoft Office [15].