Zhitong Finance App News, Kingdee International (00268) issued an announcement. The Group continues to advance the core strategy of “AI first, subscription first, and globalization”. As of September 30, 2026, the Group's annual recurring revenue (ARR) for subscription services was approximately RMB 4.604 billion, up about 19.3% year on year; the net increase in ARR in a single quarter in the third quarter increased by about 46.9% year on year, mainly benefiting from the continued deepening application of AI in the field of enterprise management, which led to a rapid increase in customer demand for Kingdee AI kits and Lingji. In the nine months ended September 30, 2026, the contract amount for the Group's AI native products reached RMB 1,002 billion. Additionally, the net dollar renewal rates (NDR) for AI+SaaS products (Kingdee AI Starry Sky, and Kingdee AI Star) as of September 30, 2026 were 101%, 97%, and 95%, respectively.

In the third quarter of 2026, the Group listed well-known companies such as CRRC, Changan Automobile, China Everbright Group, Huazhu Group, and Sunshine Zhiwei.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.