Xuanwu Cloud (02392) rose more than 8%, as of press time, up 8.33%, at HKD 0.65.
According to the Zhītōng Cáijīng app, Xuanwu Cloud (02392) rose more than 8%, as of press time, up 8.33%, at HKD 0.65.
On the news front, Xuanwu Cloud achieved revenue of RMB 289 million in the first quarter of this year, a year-on-year increase of 25.6%. Among them, the SaaS business sector, which the company continued to focus on, achieved revenue of RMB 159 million in the review period, a year-on-year increase of 40%. It is worth noting that the revenue from the company's SaaS business accounted for more than 50% of the total revenue for the first time, reaching 55.2%. In terms of customer operations, Xuanwu Cloud's core customer base reached 274 in the first quarter, a year-on-year increase of 13.7%. The ARPU value of core customers reached RMB 1.011 million, a year-on-year increase of 11.4%.
In addition, Xuanwu Cloud's Smart CRM has recently signed numerous contracts. Dozens of well-known companies from finance and consumer industries have cooperated with the company to accelerate business transformation and upgrading. Dongxing Securities previously stated in its research report that the company is a leading CRM SaaS manufacturer in China. Currently, the company focuses on AI+ CSI Consumer 360 Index, deeply cultivates large customers in vertical industries, and accelerates the growth of cloud sales orders. In 2023, the company's revenue is expected to reach RMB 1.281 billion, a year-on-year increase of 22.80%, mainly benefiting from the fast growth of PaaS services and marketing cloud business.