Subsidiary of Beijing Shiji Information Technology (002153.SZ) signs major contract with MGM Grand.
Shiji Information (002153.SZ) released an announcement on August 12, 2025, the company's wholly-owned subsidiary Sh...
Beijing Shiji Information Technology (002153.SZ) announced on August 12, 2025, that its wholly-owned subsidiaries Shiji (Macau) Limited (referred to as "Shiji Macau") and Shiji Singapore Pte Ltd. (referred to as "Shiji Singapore," collectively referred to as the "Provider") signed a Master Services Agreement (MSA) with MGM GRAND PARADISE S.A. (referred to as the "Customer" or "MGM Grand Paradise"). DAYLIGHT PMS has been certified by MGM Grand Paradise as their next-generation cloud PMS system standard. The company will provide the Customer and its affiliates with a new generation cloud-based enterprise hotel information management system DAYLIGHT PMS and related products and services in a Software as a Service (SaaS) model, replacing the Customer's existing PMS.
The agreement with MGM Grand Paradise signifies another international large-scale integrated resort hotel group recognizing the company's leading position in technology with the next-generation cloud-based enterprise hotel information management system DAYLIGHT PMS, following the successful signing with Melco Resorts & Entertainment. Due to the large number of guests and rooms in international large-scale integrated resort hotels, managing such a complex and diverse system poses high requirements for system performance, product functionality, system stability, and data security. Integrating and interfacing with such hotels is more challenging compared to regular hotel groups; thus, the requirements of large international integrated resort hotels for PMS often represent the pinnacle of contemporary products. The successful signing and subsequent successful launch will continue to establish a good benchmark effect for DAYLIGHT PMS in the global international large-scale integrated resort hotel market and even the entire hotel market, bringing the company significant long-term financial benefits and a positive brand effect.
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