Citibank Report: Kingdee International will benefit from early investment in blockchain technology

Citibank published a research report that Chinese national leaders have recently emphasized that the integration and application of blockchain technology plays an important role in new technological innovations and industrial changes. China will increase spending on blockchain technology development and innovation. For example, Kingdee International (00268.HK), Dongfang Guoxin (300166.SZ) and UFIDA (600588.SH) will benefit from the earlier investment in blockchain technology. The bank also said that it believes that Kingdee has invested in the development of blockchain technology for cloud ERP. In particular, important accounting data can be safely transmitted and stored in the cloud using Kingdee's blockchain technology to maintain “buy”. "Rating, target price of 9 yuan.