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KINGDEE INT'L (00268.HK) 9M Subscription Service ARR Up 19.3% YoY
2026-10-12 18:07:38 KINGDEE INT'L (00268.HK) announced that as of September 30, the group's annual recurring revenue (ARR) from subscription services was approximately RMB4.604 billion, representing a YoY increase of approximately 19.3%. Net new ARR in 3Q alone grew approximately 46.9% YoY, mainly benefiting from the continued deepening application of AI in enterprise management, which drove rapid growth in customer demand for KINGDEE INT'L's AI suite and Lingji. For the first nine months, the contract value of the group's AI-native products reached RMB1.002 billion. In addition, the net dollar retention rates of AI+SaaS products as of September 30, 2026 were 101%, 97% and 95%, respectively. (ha/da)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |