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Estimating The Fair Value Of Servyou Software Group Co., Ltd. (SHSE:603171)
Shuiyou Corporation (603171.SH): Received government subsidies of 10 million yuan.
Guolonghui December 4th, Shuiyou shares (603171.SH) announced that on December 3, 2024, the company received government subsidy documents issued by the Hangzhou Economic and Information Bureau (Hangzhou Digital Economy Bureau) and the Hangzhou Finance Bureau. The company's wholly-owned subsidiary, Shuiyou Information Technology Co., Ltd., received a government subsidy of 10 million yuan for the "support for increasing R&D investment" project from the Hangzhou Economic and Information Bureau (Hangzhou Digital Economy Bureau), accounting for 11.99% of the net income attributable to the shareholders of the listed company in 2023, as a government subsidy related to income. As of the disclosure in the announcement.
Tax Friend Co., Ltd. (603171.SH): Has built an AI finance and tax saas product with a three-tier value system including finance and tax practice, compliance tax benefits, and operational empowerment.
On November 29, Gelonghui reported that Tax Friend Co., Ltd. (603171.SH) stated on an interactive platform that (1) the nationwide official promotion and application of electronic invoices will fundamentally change the financial and tax processing workflow and record-keeping methods for enterprises. The digitization of invoice, account, tax, and archive financial software will become a rigid demand for enterprises, which will provide important opportunities for the growth of paid users and revenue scale of the company's Yiqiying platform. Currently, the company has developed AI financial and tax saas products with a three-layer value system that includes practical financial and tax services, compliance tax optimization, and operational empowerment, and has achieved outstanding market performance. As of June 30, 2024, the active users of the company's Yiqiying platform are recorded.
TaxFriend Co., Ltd. (603171.SH): The company has completed the adaptation development of the government client APP on the HarmonyOS and provided integration testing.
On November 29, Glonghui reported that Tax Friend Co., Ltd. (603171.SH) stated on an interactive platform that the company is a Huawei ecosystem partner. The company has signed a native development cooperation agreement for Kunpeng with Huawei, focusing on the native application development of tax business, and continuously carrying out in-depth strategic cooperation. The company has previously completed the adaptation development of the government client APP for the Harmony OS and provided integration verification. In July of this year, the company established a joint technology team with Huawei, merging Kunpeng native development technology based on the Tax Friend DevOps platform. The company has been recognized for its innovative practices in developing tax industry applications based on Kunpeng architecture.
Servyou Software Group Co., Ltd.'s (SHSE:603171) Shares Climb 30% But Its Business Is Yet to Catch Up
We Think That There Are More Issues For Servyou Software Group (SHSE:603171) Than Just Sluggish Earnings
Servyou Software Group (SHSE:603171) Might Be Having Difficulty Using Its Capital Effectively
