Kingsoft Office(SH:688111) 3 6 Ke·2025-12-01 10:06Core Insights - WPS 365 has been upgraded to a global one-stop AI collaboration platform, marking a transition from a document processing tool to an "enterprise brain" that activates data, understands business, drives decisions, and collaborates with AI [1][5][13] - The platform emphasizes deep collaboration between humans and AI, redefining traditional collaboration tools that focused on human-to-human communication [3][5] Product Features - The upgrade includes new products such as WPS Lingxi Enterprise Edition, Team Space, and the "Qingzhou" engine, along with deep enhancements to core AI capabilities like smart document libraries and digital employees [1][3] - Digital Employee 2.0 is a significant breakthrough, functioning as a knowledge carrier with real work capabilities, capable of automating tasks without human intervention [3][4] - Team Space allows for the creation of dedicated collaboration spaces for projects, aggregating relevant messages, documents, and meeting notes, thus reducing knowledge acquisition costs and preventing knowledge gaps due to personnel turnover [6][11] Market Positioning - WPS 365 offers a competitive edge in data security and cost-effectiveness, appealing to large enterprises in sectors like finance and energy [7][9] - The platform supports various deployment models (public, private, hybrid cloud) and features a self-developed native engine, "Qingzhou," designed for domestic environments [7][9] - WPS 365's pricing strategy is significantly lower than competitors, costing less than one-third of the average industry cost, making it an attractive option for businesses [9][10][11] Business Growth - The platform has seen rapid growth, with a reported year-on-year revenue increase of 71.61% for the WPS 365 business, contributing to a 25% overall revenue growth for the company [12] - The expansion of WPS 365's customer base includes notable clients from both state-owned and private enterprises, enhancing its market influence [11][12] Future Outlook - WPS 365 plans to launch an international version by the end of 2025, facilitating cross-regional and cross-language collaboration, and ensuring compatibility with Microsoft 365 [11][12]