Software Enterprises on the SSE STAR Market Establish the Digital Base to Facilitate Scientific and Technological Self-reliance and Industrial Upgrading
Shanghai Securities News, www.cnstock.com He Xinyi
As the "soul" of the information industry, the software sector is the key to achieving self-reliance and self-improvement in science and technology. It also plays an important role in the transformation of traditional manufacturing. Since its opening, the SSE STAR Market has supported software companies to go public and raise funds, thus helping the sector develop rapidly.
At present, there are 60 listed companies in the software sector on the SSE STAR Market, with an IPO fundraising of more than 70 billion yuan and a total market value of more than 650 billion yuan. They cover basic software, industrial software, network security, AI, and other fields and segments. The R&D investment in the first three quarters of 2024 reached 9.764 billion yuan, with an average R&D intensity of nearly 37%, higher than the average level of the SSE STAR Market.
Basic Software: Technology Foundation for the IT Application Innovation Ecosystem
In the field of basic software, companies on the SSE STAR Market cover a complete ecological chain of "operating system + database + middleware". With the support of national industrial policies, technical capabilities have been transformed from "following" to "running neck and neck". The operating system of Hunan Kylinsec Technology Co., Ltd. has obtained the Grade IV certification of classified protection from the Ministry of Public Security many times. Besides, the company has launched a localized AI computing integrated machine. Wuhan Dameng Database Co., Ltd. has achieved good performance and a 100% independence rate of core source codes. Its operating revenue in 2024 is expected to increase by 31.49% year on year. Beijing Kingsoft Office Software, Inc. has stepped up its R&D efforts to promote technology iteration and the implementation of AI functions. The number of daily active devices of WPS Office for PC has exceeded 100 million.
AI: Large Model Empowerment for a Leading Role
In terms of AI, the SSE STAR Market has a complete industrial chain with listed companies in the hardware layer, data layer, and algorithm layer. Cloudwalk Technology Co., Ltd. provides solutions for leading banks, and the fraud interception rate of the risk control system implemented in a bank reaches 99.9%. Shenzhen Intellifusion Technologies Co., Ltd. has laid out multiple links in the AI industry chain and implemented a series of solutions for AI algorithms in digital cities, residential life, and other fields. Its revenue in 2024 is expected to increase by 81.42% year on year. Goodwill E-Health Info Co., Ltd. has implemented applications in the field of AI + healthcare to help hospitals improve their services. Enterprises such as Arcsoft Corporation Limited and INTSIG Information Co., Ltd. also deeply engage in AI applications to promote the continuous upgrading of products and services.
Industrial Software: "Internal R&D + External M&A" Dual-driver Approach
In the field of industrial software, companies on the SSE STAR Market adhere to R&D and draw on policy-based M&As to break through foreign monopolies. ZWSOFT CO., LTD. (Guangzhou) has realized technological independence and expanded its technical capabilities in the fields of power and fluid simulation through acquisitions. Shanghai Suochen Information Technology Co., Ltd. has achieved multi-dimensional breakthroughs through M&As, obtaining key technologies such as electromagnetic compatibility (EMC) and radar cross-section (RCS) analysis. It is also planning to acquire ForceCon in the future.
Network Security: The "Invisible Guardian" of the Digital Society
In the field of network security, the SSE STAR Market attracts related companies to go public. Qi An Xin Technology Group Inc. has ranked first in market share for four consecutive years, and many projects have been selected as the MIIT's typical cases of network security technology application. Asiainfo Security Technologies Co., Ltd. has completed the first transaction of "H-share acquisition through A-shares" on the SSE STAR Market, further developed the capability system of "grasping the network, cloud, and security", and enhanced the company's overall solution strength.
The above information is provided for reference purposes only and does not constitute investment advice.