Financial Management for Large Global Enterprises

Kingdee Cloud supports CMG’s digital finance transformation with shared services, consolidated statements, and treasury management solutions.

5+1

5 Industrial FSSC and 1 Comprehensive FSSC

$319 Billion

Cash Statements

3,300+

Consolidation Organizations

Kingdee, as a leading provider of digital management solutions in China, has maintained a long - standing and good partnership with China Merchants Group. We look forward to further strengthening cooperation in the digital and intelligent fields.

China Merchants Group, a leading comprehensive enterprise group in China, has been leveraging Kingdee Cloud’s digital solutions in recent years. Through financial shared services, consolidated statements, and treasury management, CMG has successfully established a global financial sharing, fund management, and consolidated reporting platform — driving an intelligent transformation of its financial operations. This digital upgrade provides strong support for CMG’s strategic execution and ongoing business expansion.

1. Global Financial Shared Services: Efficiently Empowering Business Operations

CMG has established a “5+1” financial shared service center network across key global regions, including Singapore, Germany, Sri Lanka, and Belarus — serving more than 77,000 employees. Through financial digital transformation, CMG has standardized and automated its business processes, significantly improving operational efficiency and providing high‐quality data support for strategic decision‐making.

2. Global Fund Management: Safe, Efficient, and Risk-Controllable

As a benchmark project of the State-owned Assets Supervision and Administration Commission (SASAC), CMG’s global fund management system handles annual fund flows exceeding $319 billion. It covers more than 40 countries and connects to over 5,000 bank accounts, including 400 offshore accounts. Through a unified fund data management platform and standardized data formats, CMG enables full-process fund monitoring, effectively mitigating financial risks and strengthening oversight.

3. Global Consolidated Reporting: Intelligent, Accurate, and Decision-Supporting

Managing a complex architecture of more than 3,300 consolidated organizations (including over 500 overseas subsidiaries), 13 financial management hierarchies, and 26 reporting currencies, CMG relies on Kingdee Cloud’s intelligent consolidated reporting system. This platform helps CMG build a standardized, refined, and multidimensional financial data system, providing strong, data-informed support for its strategic decision-making.

 

CMG’s digital transformation not only enhanced financial management efficiency but also promoted the high‑quality development of its globalization strategy. As a core partner, Kingdee Cloud will continue to support CMG on its journey toward becoming a world‑class enterprise.

Kingdee Cloud supports CMG in its financial digital transformation through solutions such as financial shared services, consolidated statements, and treasury management.

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