Pansoft Snapshot
Specializing in enterprise resource planning (ERP) software, Pansoft builds virtual hubs that connect business applications from across the software spectrum. The Chinese company offers custom-built and platform software (PanSchema) that enables companies to access independent business functions (like accounting, payroll, business intelligence) from a single database. Pansoft does business primarily with companies in China's oil and gas industry, primarily PetroChina, Sinopec Group, and their operating subsidiaries. In 2011 Pansoft acquired Hefei Langji Technology Co., Ltd. for RMB 10.8 million ($1.69 million).
