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2023 Fortune Top 50 unveiled the outstanding performance of Jinshan Office and other Chinese technology companies

2024-04-22 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)12/24 Report--

Recently, Fortune magazine officially released the list of the world's top 50 companies in 2023, with 15 Chinese companies, including Kingsoft Office, on the list.

Since 2017, Fortune magazine and Boston Consulting Group have jointly launched the list. By analyzing the long-term earnings growth prospects of more than 1700 large listed companies around the world, we evaluate the market potential, strategy, technology, investment and talent analysis, and select the 50 companies with the most growth potential in the future.

Jinshan Office, which was listed on the Shanghai Stock Exchange in 2019, has a market capitalization of more than 150 billion yuan and is a representative enterprise of China's "hard technology". According to the financial report, Jinshan office has achieved double growth in revenue and net profit in recent years, with operating income of 3.885 billion yuan in 2022, an increase of 18.44% over the same period last year, and R & D investment accounted for about 34% of the income.

Fortune magazine said in the list, "recently, it is indeed experiencing a wave of blowout growth because it is actively integrating generative artificial intelligence tools into its WPS office software to help users write meeting summaries, documentation, PPT and so on more efficiently."

Jinshan Office contains WPS, Jinshan documents, WPS 365, WPS AI and other products to provide office services for users from more than 220 countries and regions around the world. As of September 30, 2023, the number of monthly active users of Jinshan Office's main products has exceeded 589 million, which can be applied on many mainstream operating platforms, such as Windows, Linux, macOS, Android, iOS, HarmonyOS and so on.

Fortune also pointed out that the long-term positive growth prospects of the technology industry have not changed, and the rise of generative artificial intelligence technology in 2023 also played an important role in the selection of the list.

In April 2023, WPS AI, an artificial intelligence application with large language modeling capabilities of Jinshan Office, was unveiled for the first time; in September 2023, Jinshan Office announced the latest development of its own model; in November 2023, WPS AI launched a public trial and opened the experience to all users one after another.

Jinshan Office not only achieved the first landing of AI in the domestic office field, but also made great efforts to solve the pain points of users' needs in AI application scenarios, met users' office needs in content generation, content understanding, instruction operation and other aspects, and further consolidated the leading competition barriers in the industry.

Over time, "Top 50" companies have often shown extraordinary growth potential, with shortlisted companies growing rapidly over the past few years and delivering huge long-term returns for shareholders.

The 2023 Top 50 list also shows that the main model of long-term corporate growth remains largely unchanged-with technology as the main driving force, and that China and the United States remain the main incubators of innovation.

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