Here’s a polished English translation of the Chinese title: **”Shenzhen-Chengdu Dual City, Dual Perspectives: BlueTech China Partners with Industry Associations to Solve Financial Practice Pain Points for Listed Companies and Central & State-Owned Enterprises”** Alternatively, a more concise version: **”Dual Cities, Dual Perspectives: BlueTech China and Industry Associations Tackle Financial Challenges for Listed Companies and SOEs”**

ShanghaiMay 13, 2026 /PRNewswire/ — Against the backdrop of enterprise digital transformation entering a deep-water zone, coupled with increasingly stringent requirements for capital market regulation and state-owned asset management, building an agile, compliant, and deeply insightful financial control system has become a core demand for high-quality development among listed companies and central/state-owned enterprises. Recently, Lucanet China (hereinafter referred to as “Lucanet China”) has partnered with authoritative industry organizations such as the Shenzhen Listed Companies Association and the Chengdu Financial Accounting Society to host multiple high-level thematic events. These events focus on core topics including the digital practice of consolidated reporting, penetrating supervision and risk management for central/state-owned enterprises, offering practical solutions for enterprise financial digital transformation, helping address industry pain points, and enhancing corporate governance efficiency.

Shenzhen Session: Tackling Consolidated Reporting Pain Points, Balancing Compliance and Efficiency for Listed Companies

At the “Digital Practice of Consolidated Reporting” thematic event held in Shenzhen, Lucanet China, in collaboration with the Shenzhen Listed Companies Association and Ernst & Young Hua Ming LLP, conducted in-depth sharing and discussions on key issues such as challenges in financial reporting preparation for listed companies and pain points in implementing consolidated reporting digitization. On-site, practical topics like “tight annual report preparation timelines,” “difficulties in implementing internal management reports,” and “pitfalls in selecting consolidated reporting systems” resonated widely and sparked lively discussions among participating listed company representatives.

Wang Yu, Partner at Lucanet China, stated in her keynote speech that the value of financial statements today extends far beyond the traditional three major statements, serving as a core support for compliant operations and strategic decision-making. Digitizing consolidated reporting is a key pathway to addressing pain points such as low efficiency in financial statement preparation, inconsistent data standards, and insufficient compliance risk management.

Drawing on years of practical experience in financial digital implementation, Wang Yu detailed the critical milestones in selecting and deploying consolidated reporting systems. She also demonstrated the core functionalities of the Lucanet consolidated reporting intelligent platform on-site. The platform enables enterprises to achieve “one set of data, multi-dimensional presentation, and multi-standard reporting,” strictly meeting external regulatory compliance requirements while quickly generating reports tailored to internal management needs. This effectively resolves the core challenge of balancing compliance and efficiency for listed companies, providing robust support for enhancing financial control quality and efficiency.

Chengdu Session: Deepening Empowerment in Southwest China, Building a New Defense for Penetrating Supervision of Central/State-Owned Enterprises

Concurrently, Lucanet China partnered with the Chengdu Financial Accounting Society to host a themed salon titled “New Pathways for Risk Management in the Context of Penetrating Supervision for Central/State-Owned Enterprises,” precisely addressing the digital transformation needs of risk management for such enterprises in the Southwest region. Gao Jie, Senior Project Director at Lucanet China, used the recently discussed “Digital Resource Platform (DRP)” as an entry point to deeply analyze the core requirements and practical challenges of penetrating supervision for central/state-owned enterprises.

Gao Jie pointed out that traditional ERP systems are process-centric, with data presentation lagging behind business operations, making it difficult to meet the real-time, full-level, and comprehensive data control requirements of penetrating supervision. In contrast, DRP is data-centric, using data to define processes, drive decisions, and support control, enabling group headquarters to gain “end-to-end” visibility into the operations of all subordinate units, thereby strengthening risk prevention and control capabilities for central/state-owned enterprises.

Core Product Empowerment, Demonstrating Professional Strength

The Lucanet consolidated reporting intelligent platform, with its outstanding advantages, has become a preferred solution for enterprise financial digital transformation. Its natural strengths in implementing penetrating supervision are particularly notable, with core capabilities including:

• High Maturity, Low-Code Delivery: Built on over 30 years of global financial consulting experience, it comprehensively covers all scenarios of enterprise financial control without requiring extensive code development, significantly reducing system implementation risks and post-maintenance costs while accelerating the digital transformation process.
• Strong Integration, Broad Compatibility: Pre-loaded with numerous plug-and-play interfaces, it seamlessly connects with mainstream ERP systems such as SAP, Oracle, Kingdee, Yonyou, and Inspur, while also supporting domestic environment adaptation, effectively breaking down data silos across heterogeneous systems to achieve integrated financial data management.
• Flexible and User-Friendly, Tailored for Financial Scenarios: Adhering to the core concept of “designed for financial professionals,” the system is highly configurable, supports multi-language switching, aligns with daily operational habits of financial staff, significantly reduces training costs, and improves usage efficiency.
• Data-Driven, Real-Time Penetration: Data-centric, it supports full-chain penetrating queries, helping enterprises strengthen risk prediction and control capabilities.

With its exceptional product capabilities and rich practical experience, Lucanet China has successfully served hundreds of large groups and listed companies across key industries such as pharmaceuticals, manufacturing, consumer goods, and energy, earning widespread market recognition.

Looking ahead, Lucanet China will continue to leverage its professional strengths, focusing on the core pain points of financial digital transformation for listed companies, central/state-owned enterprises, and other businesses. By harnessing digital power, it aims to help enterprises achieve intelligent upgrades in financial management and contribute core strength to their high-quality development.