BEYONDSOFT(SZ:002649)2022-12-07 08:34Group 1: Company Transformation and Growth - The company is transitioning towards IT and internet applications, with a focus on financial IT solutions. In 2014, revenue from financial IT exceeded 300 million RMB [2][3] - The company has three main directions in financial IT: financial testing, financial data, and core system implementation and operation [2][3] - The company is increasing R&D investment in internet applications, aiming to cultivate new products through internal innovation [3] Group 2: Mergers and Acquisitions - The company has pursued external growth through acquisitions, including TPG and Shanghai Hongzhi in 2014, and PDL and Hongmai Juxin in 2015. These acquisitions have shown positive development, particularly the synergy from Shanghai Hongzhi [3] - The failure of an acquisition in August was due to changes requested by the counterparty regarding key terms in the letter of intent, leading to the termination of the asset purchase [3] Group 3: International Business Development - The company's overseas business is strong, with two-thirds of revenue coming from international operations, primarily in the US and Japan [3] - The company has nearly 500 employees in the US, indicating rapid growth in its international workforce [3] Group 4: Collaboration with Major Tech Firms - The company has been a technology R&D service provider for major tech firms (BAT) and is transitioning some business to an ODC model [3]