Kingdee International (00268) has issued an announcement stating that the group continues to advance its core strategy of "AI First, Subscription First, Globalization."

As of September 30, 2026, the group's subscription services annual recurring revenue (ARR) reached approximately RMB 4.604 billion, representing a year-on-year increase of about 19.3%. Net new ARR in the third quarter alone grew by approximately 46.9% year-on-year, primarily driven by the deepening application of AI in enterprise management, which fueled rapid growth in customer demand for Kingdee's AI suite and Lingji.

For the nine months ended September 30, 2026, the group's AI-native products achieved contracted deal value of RMB 1.002 billion. In addition, the Net Dollar Retention (NDR) rates for AI+SaaS products (Kingdee AI Xinghan, Kingdee AI Xingkong, and Kingdee AI Xingchen) as of September 30, 2026 were 101%, 97%, and 95%, respectively.

During the third quarter of 2026, the group secured contracts with well-known enterprises including CRRC, Changan Automobile, China Everbright Group, Huazhu Group, and Sunshine Zhiwei.