Wikipedia

Weaver Network

Weaver, officially known as Weaver Network Technology Co., Ltd., formally Shanghai Weaver Network Technology Co., Ltd. ( /ˈwvər/; Chinese: 泛微网络科技股份有限公司; pinyin: fàn wēi; 泛 fàn 微 wēi is a Chinese technology corporation established in 2001 and headquartered in Shanghai, China.

Weaver (泛微）
Weaver Network Technology Co., Ltd.
Formation14 March 2001
FounderWei Lidong
TypeListed in Shanghai Stock Exchange (SSH: 603039)
HeadquartersShanghai, China
Location
  • China, Singapore, Malaysia, Indonesia
ProductsOffice Automation (OA) Software
FieldsCollaborative Management Software
SubsidiariesWeaver Network International Pte. Ltd. and Weaver Network (Malaysia) Sdn. Bhd.
Staff
10,000+
Websitewww.weaver.com.cn www.weaver.com.sg
Formerly called
Shanghai Weaver Network Technology Co., Ltd.

The corporation specialises in the field of collaborative management software (or known as Office Automation (OA)), assisting organisations in building a unified digital operating platform that promotes digital collaboration and providing workflow automation solutions to clients in various industries.

The company is recognised as a "Key Software Enterprise within the National Planning Layout".("国家规划布局内重点软件企业")

The company is listed on the Shanghai Stock Exchange (SHA: 603039) and has its APEC regional headquarters located in Singapore.

Investor relations edit

The company is listed on the main board of Shanghai Stock Exchange (Stock Code: 603039).[1]

History edit

Initial public offering edit

On 2017 January 13, Weaver went public on the Shanghai Stock Exchange (SHA:603039). The company is the solitary enterprise listed on the main board of the Shanghai Stock Exchange within the domestic Office Automation (OA) industry.[2] The company raised 1.2 billion yuan ($180 million) in its initial public offering.[3][4]

After going public, Weaver increased its capital to Shanghai CA, further enhancing the integration of identity authentication, electronic signature (or digital signature), electronic seals, and digital contracts in its existing collaborative management software applications.[5]

Strategic partners edit

On 26 July 2020, Weaver announced in the evening that the company's shareholder, Wei Jinkun (韦锦坤), intends to transfer 5% of the shares of the listed company through an agreement to Shenzhen Tencent Industrial Investment Fund Co., Ltd. (referred to as Tencent Industrial Fund).[6]

On 22 October 2020, Tencent leveraged the integration of WeCom (formally known as WeChat Work or Enterprise WeChat), Weaver and WeCom collaborated to create a "customer-centric" collaborative mobile office platform.[7][8]

References edit

  1. ^ Shanghai Stock Exchange Regular Announcement
  2. ^ Dongxing Securitieshttps://pdf.dfcfw.com/pdf/H3_AP201907051337741238_1.pdf
  3. ^ "BRIEF-Shanghai Weaver Network sets IPO price". Yahoo News. 2016-12-29. Retrieved 2023-11-21.
  4. ^ MarketScreener (January 5, 2017). "Shanghai Weaver Network Co., Ltd. has completed an IPO in the amount of CNY 248.383 million". www.marketscreener.com. Retrieved 2023-11-21.
  5. ^ 中国金融信息网. "泛微网络拟1.84亿元增资上海数字证书认证中心". 中国金融信息网. Retrieved 2023-11-21.
  6. ^ "泛微网络再度寻求产业拓展 7.7亿引入腾讯战略入股- 青年创投网". www.scgqt.org.cn. Retrieved 2023-11-21.
  7. ^ "Tencent to Pick Up Stake in Shanghai-listed Weaver Network for $110 Million - Caixin Global". www.caixinglobal.com. Retrieved 2023-11-21.
  8. ^ "China's Weaver Network Jumps to All-Time High as Tencent Buys 5% Stake in Office App". www.yicaiglobal.com. Retrieved 2023-11-21.

External links edit

  1. Official Weaver China website
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