The Zhitong Finance App learned that Jinshan Software (03888) reversed the market and rose 4.86% at press time to HK$25.9, with a turnover of HK$189 million.
According to the news, yesterday, Jinshan Office (688111.SH) released WPS 365, an office productivity platform for organizations and enterprises. The platform includes the upgraded WPS Office, the newly released WPS AI Enterprise Edition, and WPS Collaboration, which opens up the three major capabilities of documents, AI, and collaboration, so that users can use only one tool to access multiple mainstream models and have meetings while writing. According to Zhang Qingyuan, CEO of Jinshan Office, “WPS 365 fully covers the basic needs of an organization's daily office, from document creation to instant messaging, meetings, emails, and AI applications, marking the official upgrade of a document processing suite to a one-stop AI office.
Damo released a research report stating that Jinshan Software's game business performance forecast for each year to 2026 was lowered by 6.2%, 10.4%, and 10.4%, mainly due to the limited number of new game launches up to the fourth quarter of this year. In addition, the company's standardized earnings per share for 2024 to 26 increased slightly by 0.4%, decreased by 8%, and decreased by 8.9%, respectively. Taking into account the valuations of Jinshan Office (688111.SH) and Jinshan Cloud (03896), the target price was raised from HK$34 to HK$35, maintaining the “Overweight” rating.