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Wang Wenjing

Source: China Entrepreneur Club | Date: 16-05-26  
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Chairman & CEO, yonyou Software Co., Ltd

Background

In 1983, Wang Wenjing graduated from the Jiangxi University of Finance and Economics with a degree in Accounting. Wang went straight to working in finance for the Chinese State Council until 1988, when he decided to leave and start his own business. A month later, Wang established Yonyou Software Company.

yonyou Software

yonyou has developed into the largest management software provider in the Asia Pacific, as well as the largest financial software company, the largest management software/ERP company and the largest independent software manufacturer in China. Yonyou sells business software to the country’s smaller companies, competing with larger U.S. firms like Oracle and SAS. Solutions include: Enterprise Resource Planning (ERP), Supply Chain Management (SCM), Customer Relationship Management (CRM), Human Resources Management (HRM), Business Intelligence (BI) and Office Automation (OA). Since going public in 2001, yonyou has served thousands of Chinese SMEs, as well as over 60% of the top 500 Chinese enterprises. Apart from software, yonyou has ten other enterprises under its banner to offer comprehensive application software and services for different industries including: aviation, healthcare, auditing, and education, digital marketing, telecommunication services, internet finance as well as e-payment.

Recognition

Wang has been recognized for his strong entrepreneur skills and business wisdom. According to Fortune, “the amazing underdog story of Wang Wenjing as an intellectual hero has great significance for young entrepreneurs in China.” Businessweek called Wang a “Star of Asia” in 2002.

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