The actual controller of Kingsoft Office is Lei Jun (weibo), who has been with WPS for 24 years. It also admitted in the prospectus that overseas competitors are in an advantageous position in the international market. In a market with a gross profit margin of up to 90%, Kingsoft Office is facing strong enemies, and Microsoft is one of them. Its important customers include PetroChina, State Grid, the five largest state-owned banks, China Southern Airlines, and Aerospace Science and Industry.

Based on the total number of registered WPS users of 166 million, its WPS office software users accounted for the total number of users in the domestic office market in 2016. Later, due to increased government procurement and pricing strategies, WPS Office regained its leading market share in China. WPS, which was born in China's early IT era, was once the favorite of IT professionals, but it was silent in the era of the rise of the Internet. Compared with Kingsoft Office, its office software product WPS Office is more familiar. On May 26, the China Securities Regulatory Commission disclosed in advance the prospectus of Beijing Jinshan Office Software Co., Ltd.

After 28 years of ups and downs, WPS is about to 'IPO' in the recent years.

Zhuhai kingsoft office software co ltd