Every cloud has a silver lining and for enterprise management software developer Kingdee International Software Group that means making a killing out of the mainland's austerity measures.
The Growth Enterprise Market-listed firm says the demand for enterprise management software should increase as domestic businesses come under pressure from tighter lending policies and growing competition.
Senior vice-president Mison Luo Mingxing said the company's software enabled business owners to improve their financial and resources management.
'The software enhances their ability to make timely responses to changes and avoid corporate fund misappropriation,' said Mr Luo.
The company claimed to have 20 per cent of the small and medium-sized enterprise market segment, which is shared with bigger rival Beijing UFsoft and a few other competitors.
The mainland's enterprise management software market is projected to grow 25 per cent annually in the next five years.