Kingdee's 28 year journey
Kingdee International Software Group Limited (0268.HK), founded in 1993 and headquartered in Shenzhen, China, was successfully listed on the Main Board of the Stock Exchange of Hong Kong in 2005.Today, Kingdee has become the choice of enterprises in the new era of digital economy, with more than 80 million users. Over 2,000 partners have chosen Kingdee as a platform for joint creation and development.
Enterprise digitalization moving from ERP to EBC
Xu Shaochun, Chairman and CEO of Kingdee Group, first proposed that enterprise digitalization has entered the post-ERP era. Enterprise resource planning (ERP) is no longer about “resources” or “planning.” It is quickly refocusing on “business” and becoming something much more expansive, that is, enterprise business capabilities (EBC).
On March 17, 2020, Dong Mingzhu, Chairman of Gree Electric Appliances, Xu Shaochun, Chairman of Kingdee Group, Bo Lianming, CEO of Appotronics Corporation Limited, and Liu Zijong, Chairman of Royole Corporation, met at Gree's headquarters in Zhuhai to discuss "the new direction of China's manufacturing industry after the epidemic" in the form of non-profit livestreaming.
On May 15, 2020, at the 2nd Kingdee Cloud Cosmic Summit, Xu Shaochun, Chairman of Kingdee Group, together with a group of customers and partners, knocked down a chimney, a symbol of the digital monolithic architecture of traditional enterprises, with hammers. The idea was to end the digital monolithic architecture and mindset of traditional enterprises, establish a new industrial Internet cloud ecology, and build up enterprise business capabilities (EBC). That marked the seventh occasion in which Kingdee destroyed the old and established the new by hammering.
On July 10, Kingdee International announced that its cloud services were expected to grow by 40% to 50% year-on-year, and Kingdee Cloud Cosmic continued to make breakthrough in the first half of the year.
On August 27, at The Fifth Big Data World 2020, hosted by CCID Media and Big Data Industry Ecological Alliance of China, guided by China Center for Information Industry Development, Kingdee was named among Top 30 Digital Empowerment Pioneers in 2020, while several cases of Kingdee solutions were successfully selected into Top 100 (100+) Cases of Digitalization and Ecology Development in China in 2020.
On May 11, 2019, at the first Kingdee Cloud Cosmic Summit, Xu Shaochun, founder and Chairman of of Kingdee Group, knocked down a giant "cocoon", a symbol of the fetters on digitalization of enterprises, and pointed out "seven sins" of traditional IT.
On August 27, Yundee, an industrial Internet platform jointly invested by Kingdee Group and China Unicom Group, was officially inaugurated at 2019 China Industrial Internet Conference & Guangdong-Hong Kong-Macao Greater Bay Area Digital Economy Conference, and the Yundee industrial Internet platform made its debut on the same day.
On October 10, at the Unicorn Leading Innovation Forum ("Unicorn Forum"), as part of 2019 China International Digital Economic Expo (CIDEE), Xu Shaochun, Chairman and CEO of Kingdee Group, first proposed that enterprise digitalization has entered the post-ERP era. Enterprise resource planning (ERP) is no longer about “resources” or “planning.” It is quickly refocusing on “business” and becoming something much more expansive, that is, enterprise business capabilities (EBC).
The Industrial Internet White Paper (2019) was released and proposed that "enterprise digitalization has entered the EBC (Enterprise Business Capabilities) era from the ERP (Enterprise Resource Planning) era" and industrial Internet platforms will also move from the traditional ERP stage to the EBC stage.
The Enterprise Cloud Services Era
The Chinese government has included cloud in the list of key strategic emerging industries supported by the state.Kingdee actively promotes cloud management and gives full play to the power of social network, mobile Internet, cloud computing and other emerging technologies, and is committed to becoming a global leading cloud management service provider.
On May 4, 2018, the May 4 Youth Day, Xu Shaochun knocked down the wall between business and finance and opened up a whole new world of financial management, where finance is meant to empower and contribute to the success of every individual in an enterprise.
On August 8, 2018, at a gala in celebration of the 25th anniversary of Kingdee, Xu Shaochun announced that 888 shares of Kingdee International stock would be granted to all Kingdee employees in service, and Kingdee would never maltreat any hardworking member.
On August 8, 2018, at a gala in celebration of the 25th anniversary of Kingdee, Kingdee launched a new-generation large enterprise cloud service platform, Kingdee Cloud Cosmic, which is designed to help large enterprises achieve digital transformation and innovation.
On October 30, 2018, at Yanqi Lake Entrepreneur Forum, Xu Shaochun released his personal public account to have dialogue and bond with business managers directly.
On May 4, 2017, Kingdee officially upgraded "Kingdee Cloud ERP" to "Kingdee Cloud" at Peking University.
Xu Shaochun smashed an office chair, a symbol of the status of boss, together with Prof. Chen Chunhua from National School of Development at Peking University, and other guests, as a gesture of smashing the status of CEO.
On October 15, 2017, Kingdee unveiled a new brand image and announced the establishment of China Management Model 50+ (C50) Forum.
In November of the same year, IDC released a SaaS report, saying Kingdee overtook its international counterparts to become the SaaS market leader.
In 2016, Kingdee International and Aisino concluded a strategic partnership to provide low-cost and high-efficiency integrated financial and tax management services to corporate users.
In 2016, Kingdee and Kinco jointly released a smart factory solution at the Hannover Messe, which "can create a high-profile smart factory even in downtown areas".
In 2016, on the May 4th Youth Day, Kingdee, together with some users, knocked down an office, meaning that the traditional office mode should be revolutionized and office workers should be emancipated from the office.
In 2016, Kingdee released "Jingdou Cloud" in the form of a wedding, which can provide one-stop cloud services including mobile office, online bookkeeping, agency bookkeeping and data finance, to millions of small and micro business entities in China.
In 2016, at Chinese Management World Forum and Kingdee User Conference, a forward-looking topic was proposed to redefine six characteristics of ERP, intelligence, sharing, mobility, social, big data, and cloud computing.
In 2016, Kingdee aligned with the Teach For China program and provided it with information platform support. When it comes to CSR, nothing could stop Kingdee.
In 2015, Kingdee signed a strategic cooperation agreement with Kingsoft Group to start in-depth cooperation in mobile office cloud services, cloud storage, cloud security and other areas.
In 2015, Kingdee signed a global strategic cooperation agreement with Amazon Web Services (AWS) to help Kingdee build a world-class enterprise ERP cloud service platform and accelerate the development of China's enterprise cloud computing market and the construction of a cloud computing ecosystem.
In 2015, JD bought a 10% stake in Kingdee, and Kingdee and JD entered into a strategic partnership to provide cloud-based ERP integrated solutions to SMEs, and bring best-in-class one-stop service experience to the customers of both parties.
In 2015, Taiji made a strategic investment in Kingdee Middleware and signed a strategic cooperation agreement.
In 2015, Kingdee and Xiamen ITG Group signed a strategic cooperation agreement to jointly found Kingdee Automotive Network Technology Co., Ltd and promote in-house product R&D by the new company.
In 2015, Kingdee launched the "Zhangwuyou" bookkeeping service platform, which is designed with "One-click, Worry-free" services in mind to help small and micro enterprises obtain professional bookkeeping services and provide lifecycle credit guarantee for bookkeeping services.
In May 2014, Chairman Xu Shaochun became a hot-blooded "May Fourth" young man, smashed a PC to show his ambition and kicked start a new work style revolution at Kingdee. In the same month Kingdee released the Cloud Family mobile work platform to advocate a new work style.
In August, Chairman Xu Shaochun smashed a server to show his determination to disrupt the traditional ERP model.
In October, Chinese Management World Forum 2014 themed "Connecting the Cloud" was held in Beijing. Elites from the government, the business and academic circles met on the cloud to focus on the Internet transformation of Chinese enterprises.
On May 4, 2014, Chairman Xu Shaochun became a hot-blooded "May Fourth" young man, smashed a PC and delivered an inspiring speech titled "A new way of working starts right here". He led thousands of employees to bid farewell to traditional work tools and work styles.
Kingdee and Inspur, the only leading cloud computing vendor with integrated software and hardware in China, reached a strategic partnership. The two parties will join hands to facilitate the technology integration and market collaboration between Inspur Government Cloud, home-made critical host system and Kingdee middleware Apusic collection.
2013 Grand Opening of Beijing Kingdee Software Park
Beijing Kingdee Software Park is the third software park after Shanghai Kingdee Software Park and Shenzhen Kingdee Software, as well as the largest one.
After that, Kingdee continued to expand the business of Kingdee Beijing R&D Center, north China company, middleware company and medical software company, and deployed the Group's largest cloud management experience center, some new products and business units in Beijing.
On August 8, 2013, Kingdee's 20th anniversary celebration party was held.
Representatives of the business, management and press circles from all over the country, together with more than 4,000 employees and family members of the company, attended the event.
In his speech, Xu Shaochun, Chairman and CEO of Kingdee International Software Group, emphasized that Kingdee has been pursuing the vision of a strong software nation unremittingly for 20 years and is committed to helping Chinese enterprises realize their dream of transformation and upgrade with cloud management.
2012 Kingdee hosted Chinese Management World Forum, and a top think tank gathered to share their management thoughts.
In 2012, Kingdee Weibo, the largest enterprise social network platform in China, announced that it was officially upgraded to "Cloud Family".
"Cloud Family" means a "cloud home" for customers. With cloud technology and social network, it creates a warm and harmonious internal social workplace for enterprises, so that employees who need to collaborate can communicate and share more easily and effectively, reduce communication costs, improve work efficiency, and help their companies succeed.
The exclusive JD Edition was put on sale on JD.com. For the first time, a domestic software vendor and an e-commerce site teamed up. It pioneered Internet distribution of management software and innovated the channel business model in China.
Via its Social ERP, Kingdee built a smooth, clear and transparent charity information platform for One Foundation, which makes the whole process of a charity project transparent, from project creation to implementation, realizes transparent, rigorous and efficient financial operation of the Foundation, and allows donors to receive timely and effective feedback through the system.
In addition, Kingdee Group donated RMB 1.4 million to One Foundation for some special-purpose charity programs such as "Give a hand to orphans".
Lead the ERP industry transformation
The wave of globalization and informatization is raging, and information has become an important strategic resource in business development.Global competition weighs on and forces companies to have access to timely, complete and accurate information.Kingdee, as a pioneer in enterprise management software, imparts advanced management thoughts to enterprises with the help of ERP and helps Chinese enterprises actively respond to the challenges coming with economic globalization.
In 2011, "Kingdee Weibo" (now known as "Cloud Family") was born. In the same year Kingdee proposed the "Cloud Management" strategy based on emerging technologies such as mobile Internet, social network and cloud computing, and carried out the third transformation after the transformation of Windows version of financial software and ERP transformation.
2011 Chinese Management World Forum, sponsor meeting was held in Guangzhou.
Xu Jialu, Vice Chairman of the Standing Committee of the 10th National People's Congress, Long Yongtu, China's chief negotiator for WTO accession and former Secretary-General of Boao Forum for Asia, Shi Zhenrong, Founder of Acer Group and Chairman of Stans Foundation, Xu Shaochun, Chairman of Kingdee International Software Group, and Dr. Bai Lixin, a famous strategic management expert and independent scholar, among some 100 celebrities from the government, the business and academic circles, attended the conference and signed The Declaration of Chinese Management World Forum. The participants solemnly vowed to respect natural justice and conscience, do the right thing, apply kingcraft and work for the rise of Chinese management model in the world!
With the birth of WeChat, more individual consumers recognize the appeal of the mobile Internet.
Along with the shift and upgrade from Made in China to Created in China, Kingdee has taken a step forward to help enterprises build Internet-based industrial chain collaboration management and applications.
In 2010, the Chinese government included cloud in the list of key strategic emerging industries supported by the state.
Kingdee actively promotes cloud management and gives full play to the power of social network, mobile Internet, cloud computing and other emerging technologies, and is committed to becoming a global leading cloud management service provider.
On August 21, 2010, Wen Jiabao, a member of the Standing Committee of the CPC Central Committee Political Bureau and Premier of the State Council, visited Shenzhen Kingdee Software Park.
In 2009, Shenzhen Kingdee Software Park officially opened as the second software park after Shanghai Kingdee Software Park, which was completed in 2007.
In the same year, the foundation stone of Beijing Kingdee Software Park was successfully laid.
In May 2008, Kingdee donated RMB 1.81 million to the Wenchuan County, which was hit by an 8.0 magnitude earthquake.
On August 8, 2008, Kingdee's 15th anniversary was held on the same day as the opening of the Beijing Olympics. Kingdee announced its shift from a product-oriented company to a service-oriented company, and its goal to develop the world's cutting-edge online management and e-commerce service platform as an enterprise management expert
In 2008, marked by “The rise of Chinese management model in the world”, Chinese Management Model Research was launched by Kingdee and the Chinese Academy of Management, together with six top business schools (management schools), namely, China Europe International Business School, Guanghua School of Management, Peking University, Management School, Graduate University of Chinese Academy of Sciences, School of Economics and Management, Tsinghua University, Renmin Business School, and Antai College of Economics and Management, Shanghai Jiao Tong University, under the guidance of Mr. Cheng Siwei, Vice Chairman of the Standing Committee of the 9th and 10th National People's Congress.
In 2007, Kingdee's online bookkeeping and business management platform "youshang.com" (now known as "Kingdee Jingdou Cloud") was officially launched, and Kingdee was the first in the industry to have a try in the SaaS cloud service market.
In 2007, Shanghai Kingdee Software Park was completed and put into service.
In 2005, Kingdee accomplished the leap from a local private high-tech firm to a Hong Kong listed international company, and was successfully listed on the Main Board of the Stock Exchange of Hong Kong with stock code 00268.HK.
In 2004, Kingdee K/3 BOS was launched, a new-generation technology platform for Kingdee K/3 collection, and was reputed as "No. 1 brand in China's software market by product quality and user satisfaction".
On February 14, 2003, Li Peng, Chairman of the Standing Committee of National People's Congress (NPC), Zhang Dejiang, member of the Political Bureau of the CPC Central Committee and Secretary of the CPC Guangdong Provincial Committee, Huang Huahua, Deputy Secretary of the CPC Provincial Committee and Governor of the Province, Lu Zhonghe, Director of the Standing Committee of the Provincial People's Congress, Yu Youjun, Member of the Standing Committee of the Provincial Committee and Mayor of Shenzhen, paid a visit to Kingdee International Software Group in Shenzhen
Li Peng said, the key to the development of high-tech industries is new product R&D, independent intellectual properties and final products. Companies should not only compete in the domestic market to get a head start, but also dare to seek expansion in the challenging international market.
In 2003, Kingdee launched a new operation model of "leading-edge products, partner first" in China's management software industry, and released Kingdee K/3V10.0, the first strategic enterprise management solution with BPM at the core in China.
In 2003, EAS for J2EE V3.0, a new-generation enterprise application software, was officially released, and Microsoft President Bill Gates personally demonstrated the short message approval function in Kingdee EAS. The EAS tagline is "It is the year of 2004 now", implying that "One can only get a head start by being forward-looking".
In 2002, Kingdee supported education and paid back to the society by donating money to build Kingdee Hope Primary School in Baisha Town, Yuanjiang City.
Kingdee donated RMB 20 million worth of K/3 ERP system to Shenzhen University, and the two parties will jointly set up "Kingdee K/3 Enterprise Management Software Shenzhen University Training Base".
In 2001, China joined the World Trade Organization (WTO) and fully opened up itself to the world.
Amidst the impact of international competition, Chinese companies need to strengthen management, predict the future and make strategic decisions with the help of comprehensive information.
In 2001, Kingdee was listed on the GEM of the Hong Kong Stock Exchange with stock code 8133, becoming the first independent software vendor in China to go public offshore and land on the international capital market.
Kingdee merged CASS to secure the leading position in the ERP market of China.
In 2001, Wu Bangguo, a member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, accompanied by Li Changchun, a member of the Political Bureau of the CPC Central Committee and Secretary of the CPC Guangdong Provincial Committee, visited Kingdee Software.
In 2000, Kingdee invested heavily to set up APUSIC Software Company, whose main business is middleware R&D and sales, and entered the middleware market in a high-profile way, injecting core competitive strength into Kingdee, a leader in the field of enterprise management and e-commerce application solutions.
APUSIC Software's main product is a Web-Enabled application server based on J2EE technology, which is the first J2EE middleware product with independent intellectual property rights launched by a domestic software vendor.
In 2000, Xu Shaochun, President of Kingdee, had a meeting with Steve Ballmer, CEO of Microsoft.
Kingdee has concluded a platinum partnership with Microsoft, and Kingdee 2000 and K/3 systems have become the first application software in the world that can be successfully migrated to Windows 2000 and SQL Server 2000.
As the first financial and enterprise management software in China to pass the Windows 2000 application compatibility test, Kingdee 2000 and K/3 systems will be the shining star among Windows 2000-based enterprise distributed application solutions because of the sophistication in network technology they exhibit.
In 2000, Kanba.com, the first professional business community website tailored to the financial needs of Chinese business executives, was officially launched in Beijing.
In 1999, Kingdee K/3, the first three-tier ERP based on the Internet platform, was released and was named a national torch program project and showcased at the First China High-Tech Fair.
To date, Kingdee K/3 is popular among Chinese enterprises.
In 1998, Kingdee received a venture capital investment of RMB 20 million from International Data Group (IDG), becoming the first company in China's financial software industry to take in venture capital and fully enter the enterprise management software market.
In 1998, Kingdee donated RMB 10 million worth of Kingdee products to the Ministry of Education and 50 famous universities in China, including Peking University, Tsinghua University and Fudan University. Over the next decades, Kingdee has been committed to helping the country cultivate basic software talents.
In 1998, Kingdee made impressive achievements in the enterprise management software market. The photo shows a strategic workshop of Kingdee's main leaders at Wuzhou Guesthouse, at which the future development direction of Kingdee was decided.
A New Epoch of Financial Management
As old technologies are constantly superseded by new ones, amid the tide of history, Kingdee has been unswervingly committed to becoming a company that has the courage and ability to assume the responsibilities of the times.Over the past 24 years, Kingdee has been dedicated to the dream of a strong software nation, helping a large number of Chinese enterprises strengthen themselves and go abroad, and becoming a powerful engine for China's economic growth.Forever keen on exploring infinite possibilities of the future, Kingdee, together with 6.6 million customers who have chosen Kingdee, has renewed the "Flying Dream", "High-speed Railway Dream", "Manufacturing Dream" and "Education Dream" of the Chinese nation ...... and musters great power to realize the "Chinese Dream".
In 1997, Kingdee created the first 32-bit decision-making support financial software in the industry and won the highest total score in the evaluation of home-made financial software on Windows, opening up a new epoch of decision-making support for Chinese financial software.
In 1997, Kingdee's national agent conference was successfully held. Driven by cutting-edge technologies, Kingdee's business expanded rapidly nationwide and was recognized by many enterprises.
The wave of globalization and informatization is raging, and information has become an important strategic resource in business development.
Global competition weighs on and forces companies to have access to timely, complete and accurate information.
Kingdee, as a pioneer in enterprise management software, imparts advanced management thoughts to enterprises with the help of ERP and helps Chinese enterprises actively respond to the challenges coming with economic globalization.
In 1996, Kingdee released China's first Windows-based financial software, Kingdee Finance V2.51 For Windows, which was recognized by China Software Test Center as China's first excellent financial software for Windows.
In 1995, Kingdee launched Kingdee Financial Software For Windows Version 1.0, which started the big migration of accounting work platform and helped 12 million finance staff successfully get rid of abacus.
In 1995, Wang Guangying, Vice Chairman of the Standing Committee of National People's Congress, wrote an inscription for Kingdee: "Shenzhen Kingdee, at the forefront of reform".
Professor Yang Jiwan, a member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and a famous accountant, wrote an inscription for Kingdee: "The sea of accounts is boundless, and Kingdee is the shore".
In 1994, the first Simplified Chinese version of WINDOWS was released (Win3.2), and more Chinese IT pioneers started to pay attention to development on this platform.
In 1993, Mr. Xu Shaochun founded Kingdee, with the implication that he could fly into the windows of thousands of finance personnel like a butterfly, and liberate them from tedious financial work.
The name of Kingdee (golden butterfly) comes from a line in Mao Amin's song "Miss You": “Where do you come from, my friend, like a butterfly flying into my window”.
In July 1991, Mr. Xu Shaochun, founder of the Group, founded Shenzhen Aipu Computer Technology Co., Ltd.
In November, the Aipu computer accounting system V1.0 developed by Xu Shaochun independently passed the review by Shenzhen Finance Bureau. It provided an important technical base to push ahead with the computerization of accounting in Shenzhen and ended the situation of full reliance on import of foreign enterprise financial management software.
The history of Kingdee is an epitome of the reform and opening up of Shenzhen SAR, and also an epitome of China's enterprise management process. Helping finance staff get rid of the abacus 27 years ago, and smashing computer, server, office, and even ERP later ...... Kingdee has undergone many ups and downs along the way, all for the goal of:
The development history of Kingdee is the epitome of the reform and opening up of the Shenzhen Special Economic Zone, and also the epitome of the management process of Chinese enterprises. ERP... Kingdee keeps bumping all the way, just to achieve:
The rise of Chinese management model in the world!
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