
Ming Yuan Cloud
Ming Yuan Cloud is a China-founded software and digital-services company providing property-sector enterprises with management, construction, marketing, asset-management and industrial-park operation platforms.
Last updated November 4, 2026
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Overview
Ming Yuan Cloud, also referred to as Ming Yuan Cloud Group, is a software and digital-services company focused on the real-estate and broader real-asset sector. The company says it was founded in 1997 and describes itself as a pioneer in management digitalization for property-sector enterprises. Its core proposition combines digital products with professional advisory and research services, aiming to support integrated investment, construction and operation management across real-asset businesses. Its software and solutions address areas including enterprise performance and operations analysis, project construction management, property sales and digital marketing, asset management, and industrial-park operations. The company also presents solutions for state-owned enterprise asset oversight and revitalization, operational-property leasing, smart engineering, and digital management of real-estate development and operations. Products named on its site include sales-management systems, smart sales-site tools, project-management platforms, asset-management and operation platforms, and smart-park operation platforms. Its current product catalogue also highlights AI-enabled marketing tools such as a video-marketing assistant, AI sales agent, AI smart badge, AI livestream presenter and AI creative-production tool. Ming Yuan Cloud reports serving more than 7,000 customers and deploying local service teams in more than 80 Chinese cities. Its website identifies customers and case studies across property development, urban development and operations, state-owned asset management, and industrial-park operations. The company says it has established branches in Singapore, Malaysia, Japan, Hong Kong and Indonesia as part of its international expansion. Its technology strategy is described as PaaS, SaaS and ecosystem, including its Tianji PaaS platform and an AI platform built around property-sector data and applications. The company states that it is listed on the Main Board of the Hong Kong Stock Exchange under 00909.HK. Its history on the official site traces its beginnings to a 1997 sales-management system for the property industry, followed by expansion from Shenzhen through a nationwide partner network. It later developed a management-plus-IT approach, broadened its products from property development into wider real-asset operations, and added AI capabilities and overseas operations. The company’s present-day emphasis is on helping property businesses manage operations and assets through connected digital platforms, industry expertise and AI-assisted applications.
History
Ming Yuan Cloud dates its beginnings to 1997, when it says it introduced an early sales-management system for the property industry. The company’s account places its origins in the digitalization of property-sector management, initially supporting real-estate developers with software for business processes. In 2000, it says it expanded beyond Shenzhen by establishing a nationwide partner network. A later phase, identified by the company as 2008–2017, emphasized combining management expertise with information technology. The Ming Yuan Real Estate Research Institute was established in 2009, and the company describes this period as one in which it paired software with management research and professional publications. Its official history says that by 2017 it had become China’s largest software-solutions provider in the real-estate industry, with market share above 90%; this is a company-reported claim. In 2014, Ming Yuan Cloud Ke was established to use technology in mobile marketing, according to the company’s chronology. The company says this business supported digital marketing upgrades across more than 10,000 projects. The subsequent expansion of digital sales-site and customer-management tools formed part of its move beyond back-office software into customer-facing marketing and sales operations. From 2018, Ming Yuan Cloud says it shifted its focus from property development alone toward the wider real-asset sector and the transition from an incremental-growth market to a stock-asset and quality-development market. In that year, it introduced what it describes as the property industry’s first integrated investment-construction-operation solution and upgraded its research institute to the Ming Yuan Real Estate Research Institute. The company’s solutions consequently expanded to cover asset operations, leasing and industrial-park management in addition to development and construction workflows. Ming Yuan Cloud states that it listed on the Main Board of the Hong Kong Stock Exchange in 2020 under stock code 00909.HK. The official company profile describes it as a listed company and refers to the listing as occurring in 2020. The company identifies 2023 as the start of a stronger AI phase: it says it adopted generative AI, connected domestic and international general-purpose models, and built an AI platform using real-estate industry data. It also says it released the Ming Yuan Cloud Ke GPT industry model and began reworking business scenarios around AI. In 2024, it reports strategic ecosystem cooperation with Douyin, Xiaohongshu, WeChat Channels and other platforms, and the launch of its VMA video-marketing AI agent. The company also says it began an overseas expansion strategy in 2024, establishing branches in Singapore, Malaysia, Japan, Hong Kong and Indonesia. It reports that by 2024 its asset-revitalization offering served more than 1,000 asset-management customers. The company’s current corporate narrative presents it as extending digital management into AI-enabled operations across the real-estate lifecycle. Its official website lists applications for marketing, engineering, asset management and industrial-park operation, and describes a PaaS, SaaS and ecosystem strategy. A company news page dated June 30, 2026 reports a brand refresh for Ming Yuan Cloud Ke and characterizes the business as moving from digital-tool support toward AI-driven marketing growth operations. These are company-published descriptions of its strategy and milestones.
- 2026
Ming Yuan Cloud Ke announced a brand refresh and an AI-driven marketing growth-operator positioning, according to a company news page dated June 30.
[4] - 2024
The company reports ecosystem partnerships with social platforms and the launch of its VMA video-marketing AI agent.
[1] - 2024
The company says it began an overseas expansion strategy and established branches in five markets.
[1] - 2023
The company says it adopted generative AI, built an AI platform and released the Ming Yuan Cloud Ke GPT industry model.
[1] - 2020
The company says it listed on the Hong Kong Stock Exchange Main Board under 00909.HK.
[1] - 2018
Ming Yuan Cloud says it introduced an integrated investment-construction-operation solution and expanded its focus to the stock-asset market.
[1] - 2017
The company says it became the leading software-solutions provider in China's real-estate industry.
[1] - 2014
Ming Yuan Cloud Ke was established to develop technology-enabled mobile marketing.
[1] - 2009
Ming Yuan Real Estate Research Institute was established, according to the company.
[1] - 2000
The company says it expanded beyond Shenzhen and established a nationwide partner network.
[1]
Products and positioning
A specialist digital technology and services provider for property and real-asset businesses, combining enterprise software, industry expertise and AI-enabled platforms.
Sales-management system
Property-sector sales-management software identified in the company history as an early offering.
Smart sales-site solutions
Digital tools for managing property sales-site processes, customer visits, sales teams and conversion.
Project management platform
A platform for digital management of construction projects and related workflows.
Asset management and operation platform
Digital tools for managing asset inventories, operations and utilization.
Smart park operation platform
A platform for industrial-park resource, customer, opportunity and service management.
AI marketing product suite
Includes the Video Marketing Assistant, AI Sales Agent, AI Smart Badge, AI Livestream Presenter and AI Creative Workshop.
Controversies
2026
Mingyuan Cloud's Value Falls From 100 Billion to Under 3 Billion; Property Client Bad Debt Provisions Top 50%, Staff Cut by 60%
Hit by the property downturn, Mingyuan Cloud's revenue has declined for consecutive periods; in the first half of 2025, provisions on receivables and contract assets reached 53.3% of gross book value, its workforce fell from 4,247 in 2021 to 1,663 by the end of 2025, and its share price has retreated more than 96% from its peak; the company also issued a profit warning. Progress: media reports. Entity involved: Mingyuan Cloud Group Holdings Limited. Scope: property SaaS business.
Brand decisions
Recent events
Reported
Mingyuan Cloud and Shanghai State-Owned Capital Operation Research Institute enter strategic cooperation[9]
Mingyuan Cloud and the Shanghai State-Owned Capital Operation Research Institute signed a strategic cooperation agreement on March 12 focused on revitalizing state-owned enterprise assets and digital transformation.
Reported
Ming Yuan Cloud launches Hong Kong IPO[10]
Ming Yuan Cloud launched an IPO in Hong Kong to raise as much as HK$6.17 billion, according to a deal term sheet.
- Unconfirmed
Reported
Mingyuan Cloud launches Open Platform 3.0[11]
Mingyuan Cloud announced that its Open Platform 3.0 had officially gone live, with upgrades to its modeling, integration, workflow, and development collaboration platforms.
Glodon and Mingyuan Cloud sign strategic cooperation agreement[12]
Glodon Technology Co., Ltd. and Shenzhen Mingyuan Cloud Technology Co., Ltd. signed a strategic cooperation agreement to pursue broad cooperation and provide digital solutions for the real estate and construction industries.
Sources13 sources
- 1Company introductionmingyuanyun.com
- 2Ming Yuan Cloud official homepagemingyuanyun.com
- 3AI product collectionmingyuanyun.com
- 4Ming Yuan Cloud Ke product-line brand refreshmingyuanyun.com
- 5Chinese Wikipedia: 明源雲zh.wikipedia.org
- 6Ming Yuan Cloudwikidata.org
- 7Mingyuan Cloud's Value Falls From 100 Billion to Under 3 Billion; Property Client Bad Debt Provisions Top 50%, Staff Cut by 60%finance.sina.com.cn
- 8Mingyuan Cloud's Value Falls From 100 Billion to Under 3 Billion; Property Client Bad Debt Provisions Top 50%, Staff Cut by 60%jiemian.com
- 9明源云与上海国有资本运营研究院达成战略合作finance.sina.com.cn
- 10明源云启动香港 IPOcnbc.com
- 11明源云开放平台3.0正式上线cio.it168.com
- 12广联达与明源云签署战略合作协议chinaz.com
- 13广联达与明源云签署战略合作 数字化重塑建筑业生态链finance.sina.com.cn
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