Background
Wang Wenjing was born in a peasant family in the province of Jiangxi.
文京 王
Wang Wenjing was born in a peasant family in the province of Jiangxi.
At age 15, he was admitted to Jiangxi University of Finance and Economics and became one of the youngest freshmen there.
Graduating with honors, Wang was given a government job in Beijing – the only person from his village ever to attain such a posting. His task was to develop computerized financial software for the State Council’s offices of administration. Wang appeared to be at the peak of his success, however, in 1988 he quit this stable job and set up UFsoft Service, with a loan of RMB50000. The move dismayed his parents, who feared that going into private business was too risky. At first, software orders were few and far between, and financing was always a challenge. However, Wang believed in his own capabilities and in the opportunities ahead. The company soon won national fame in developing proprietary accounting software. In 1991, UFsoft became the no. 1 Chinese management software company and has strengthened this position since. From the 1990s, UFsoft began to transform the accounting software product into the ERP (enterprise resource planning) product.
In defining his corporate strategies, Wang Wenjing emphasizes the simplicity and practicality of software design. This idea is reflected in the name of the company (UF means ‘user’s friend’ in Mandarin Chinese), and also underpins the development of all kinds of UFsoft products, which include ERP, SCM (supply chain management), CRM (customer relationship management), HR (human resource management), EAM (enterprise asset management), OA (office automation), industry management business and so on. Specifically, UFsoft offers three main kinds of products and services: management software products, vertical industry solutions such as e-government, finance and asset management, and software-related services such as outsourcing development for customers worldwide.
Thanks to its high-quality products and professional services, UFsoft has become the largest software supplier in ERP, management and finance in China. In May 2001, UFsoft was listed on the Shanghai Stock Exchange (SSE code: 600588). Since 2000, according to the annual market report from independent market surveys such as CCID and IDC, UFsoft has occupied the no. 1 annual ranking in the management solutions market in China for five years. UFsoft has invested in five overseas companies, 31 joint ventures, and 35 branches and 15 offices throughout the country, with over 1000 software developers, 1000 software consultants, and more than 3000 employees.
As president and CEO of UFsoft, Wang Wenjing is good at encouraging his staff and inspiring their enthusiasm and the spirit of dedication. Under his direction, a series of international product versions have been delivered to the international market and continuously upgraded. Market expansion has reached Hong Kong, Japan, and other Asian areas. UFsoft aims to be a world-class software provider in the near future and, by 2010, to become one of the top 50 software companies in the world. The next target? ‘We want to be a world-class company,’ says Wang.