--- title: "Stock Analysis: Info-Tech System | Lianhe Zaobao" type: "News" locale: "en" url: "https://longbridge.com/en/news/283124391.md" description: "Info-Tech recommends a buy with a target price of 1.40 yuan and a closing price of 1.04 yuan (+4.00%). The company benefits from Singapore's policy promoting the digitalization of small and medium-sized enterprises (SMEs), focusing on a localized SaaS platform, targeting the underdeveloped SME SaaS market, which has considerable upside potential and an attractive dividend yield. The business covers Singapore, Malaysia, Hong Kong, and India, relying on long-term experience and technological accumulation, making it difficult for competitors to replicate. Core earnings are expected to grow steadily, but attention should be paid to government subsidies, SME customer sensitivity, and market competition risks" datetime: "2026-04-17T10:02:19.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283124391.md) - [en](https://longbridge.com/en/news/283124391.md) - [zh-HK](https://longbridge.com/zh-HK/news/283124391.md) --- # Stock Analysis: Info-Tech System | Lianhe Zaobao ### Info-Tech Systems - Recommendation: Buy - Target Price: 1.40 SGD - Closing Price: 1.04 SGD (+4.00%) We believe Info-Tech Systems benefits from Singapore's policy to accelerate the digitalization of core functions for small and medium-sized enterprises (SMEs). The company focuses on a localized, subscription-based software (SaaS) platform aimed at the still underdeveloped SME SaaS market; in our view, this presents considerable upside potential for the company, while the dividend yield is also attractive. We are optimistic about the sustained growth driven by the company's products and execution capabilities. The company integrates different market payroll rules and compliance requirements into a unified system, with operations covering Singapore, Malaysia, Hong Kong, and India. The establishment of this system relies on long-term experience and technological accumulation, making it challenging for newcomers to replicate. We expect that as the user base of existing Human Resource Management Systems (HRMS) and accounting software continues to expand in local and other markets, core profits are likely to grow steadily. However, attention should be paid to the impact of government subsidies on customer acquisition, the sensitivity of SME clients to economic conditions, and the risks posed by intensified market competition. (Industrial Bank Research) #### Further Reading Stock Analysis: Dahui Stock Analysis: Xing Financial Development For more information on the Singapore stock market, please click here ### Related Stocks - [ITS.SG](https://longbridge.com/en/quote/ITS.SG.md) - [601166.CN](https://longbridge.com/en/quote/601166.CN.md) - [02153.HK](https://longbridge.com/en/quote/02153.HK.md) - [S23.SG](https://longbridge.com/en/quote/S23.SG.md) ## Related News & Research - [California pushes SaaS tax proposal and game preservation bill](https://longbridge.com/en/news/286848239.md) - [California advances game access bill, proposes SaaS tax expansion](https://longbridge.com/en/news/286739941.md) - [11:02 ETJennifer Cortez Joins Lytx as Chief Marketing Officer](https://longbridge.com/en/news/287088169.md) - [Newsom proposes 7.25% tax on cloud software sales](https://longbridge.com/en/news/286662551.md) - [Play Introduces AI Workspace Platform as U.S. Enterprises Respond to SaaS Sprawl](https://longbridge.com/en/news/286136246.md)