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I talked briefly about Chanjet on July last year, those interested can read here. Chanjet mainly provides platforms, applications and data value-added services focusing on financial and management services for small and micro enterprises. It provides cloud services and products including accounting, business, and fiscal and taxation software. Chanjet was established in Mar 2010 and was listed on the HKEX on 26 Jun 2014(Current price is still lower than its IPO price $16.38).  Yonyou Network Technology Co Ltd (Yonyou) [600588.CH] is the largest shareholder of Chanjet, with a 65.68% stake, all of which are unlisted domestic shares. Chanjet’s H shares accounted for 25.32%. Yonyou focuses mainly on large and medium-sized customers, and Chanjet focuses on the SME segment. Yonyou is one of the leader in China for cloud/enterprise software, a

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