According to a research report published by Citigroup, more than half of the 11 Chinese IT service and software companies that were rated in the second quarter and first half of this year performed better or in line with expectations, and the industry showed clear differentiation. According to the bank, AI revenue is gradually shifting from concept-driven to actual financial contributions. The AI transformation of the industry leader has now begun to be realized. Chinasoft International's full-stack AI business revenue reached 1.53 billion yuan, an increase of 134% over the previous year. Kingdee benefited from the momentum of the AI subscription model and successfully reversed losses, but emphasized that the industry is clearly divided, and it is expected that cyclical projects facing the government, real estate or car company-related projects will still face the problem of a long recovery cycle. The bank rated Chinasoft International, Jindie, Mingyuanyun, and China Aviation Communications as “buying”. The preferred stocks were China Soft International, Kingdee, and China Science and Technology Chuangda.

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