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Kingsoft Office Software
Beijing Kingsoft Office Software, Inc. () is a publicly listed Chinese software company. Its most notable product is the office suite, WPS Office. It is a subsidiary of Kingsoft. Background In 1988, Kingsoft was founded and in the same year launched the first edition of the Kingsoft Office suite (renamed to WPS Office in 2014). In 2011, Lei Jun returned to Kingsoft where he became its chairman while also chairing Xiaomi. The strategy of Kingsoft changed to focus more on mobile devices and Kingsoft started yielding more power to its subsidiaries and joint ventures. In December 2011, the Kingsoft Office unit was spun-off as a separate unit named Kingsoft Office Software. This was considered the turning point for Kingsoft Office which until this point had struggled competing with Microsoft Office in China. Kingsoft Office was able to enter android devices four years earlier than Microsoft Office which allowed it to win over more users including those in overseas markets. On ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Shanghai Stock Exchange STAR Market
The Shanghai Stock Exchange STAR Market, officially known as the Shanghai Stock Exchange Science and Technology Innovation Board, is a Chinese science and technology focused equities market established on July 22, 2019. STAR has been touted as Shanghai's equivalent to America’s Nasdaq, with state media alluding to its goal as giving Chinese science and technology companies greater access to capital markets. As of July 2020, it is valued at more than US $400 billion. History Proposal and Purpose On November 5, 2018, Chinese leader and CCP general secretary Xi Jinping delivered a speech, announcing that China will "launch a science and technology innovation board (‘SSE STAR Market’) and the pilot registration-based IPO system at the Shanghai Stock Exchange." The delivery was made in the midst of the China–U.S. Trade War. On July 22, 2019, the STAR Market began operations as a board of the Shanghai Stock Exchange, 7 months after the announcement of its creation. The ...
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Software Companies Based In Beijing
Software consists of computer programs that instruct the execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital computers in the mid-20th century. Early programs were written in the machine language specific to the hardware. The introduction of high-level programming languages in 1958 allowed for more human-readable instructions, making software development easier and more portable across different computer architectures. Software in a programming language is run through a compiler or interpreter to execute on the architecture's hardware. Over time, software has become complex, owing to developments in networking, operating systems, and databases. Software can generally be categorized into two main types: # operating systems, which manage hardware resources and provide services for applications # application software, which performs specific tasks for users The rise of cloud ...
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Companies Listed On The Shanghai Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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