The Zhitong Finance App learned that Inspur Digital Enterprise (00596) will release its annual results on the 28th of this month. The stock continued to rise during the month, with a cumulative increase of more than 30%. As of press release, it rose 6.34% to HK$3.02, with a turnover of HK$42.0781 million.
Guojin Securities pointed out that although domestic ERP and other products have a high market share, manufacturers such as SAP and Oracle still occupy a large share in the high-end field. In recent years, the trend of credit innovation by central government enterprises has been evident, and we expect the proportion of localized management systems to continue to increase. Inspur Digital Enterprise is the top 3 domestic ERP circuit, an undervalued flexible target in the context of domestic substitution, and has a deep state-owned background and the endorsement of Inspur Group.
Open Source Securities also pointed out that as a state-owned ERP manufacturer, the actual controller of the company's controlling shareholder, Inspur Group, is the Shandong State-owned Assets Administration Commission. It owns four companies, Inspur Information, Inspur Software, Inspur International, and Huaguang Optoelectronics. It has strong comprehensive strength, and the company is expected to continue to benefit from domestic replacement. Considering that the company relies on the shareholder background of the Shandong Provincial State-owned Assets Administration Commission and that Inspur Group's resource advantages are expected to continue to benefit from domestic replacement opportunities, the smooth progress of cloud transformation is expected to release profits in the future.