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Journals(Abstract)
A Study on the Financial Distress of Yonyou Network in the Context of Strategic Transformation
Sun Jiaqi
Hebei University of Economics and Business
Abstract:
This article takes Yonyou Network, a leading Chinese enterprise management software company (hereinafter referred to as Yonyou), as the research object, and comprehensively applies methods such as case analysis, financial data analysis, and strategic path tracing to deeply analyze the many difficulties it faces in its cloud service and AI transformation. The study finds that the customization mire caused by dependence on major clients, the strategic discontinuity triggered by frequent changes in management, and the weak innovation caused by insufficient technological accumulation together constitute the core reasons for the collapse of corporate value.
Key Words:
strategic transformation; financial crisis; management disorder; technological hollowing