HK Stock Market Move | KINGDEE INT'L (00268) rose over 5% in morning trading; KINGDEE INT'L's Lingji AI operating system has been deployed by over 3,000 customers.

KINGDEE INT'L (00268) rose over 5% in morning trading. As of press time, it was up 4.13% at HK$7.435, with a turnover of HK$108 million. On the news front, people familiar with the matter revealed that KINGDEE INT'L's enterprise AI agent operating system Lingee has been deployed by over 3,000 customers, and demand for KINGDEE INT'L's enterprise-level AI products is currently strong. In addition, Kingdee Lingee passed the China Academy of Information and Communications Technology (CAICT) trusted AI enterprise-level AI-native office agent platform capability assessment, achieving a 4+ rating, becoming one of the first domestic products to pass this assessment and obtain the current highest rating. EB SECURITIES previously issued a research report stating that Kingdee focuses on subscription-first and AI-first strategies, and the company is accelerating the commercialization of AI-native products. Considering the revenue boost from AI-native products, it slightly raised its revenue forecasts for 2026-2027 to RMB 7.9 billion/9 billion, and added a 2028 revenue forecast of RMB 10.2 billion; it maintained its net profit attributable to shareholders forecasts for 2026-2027, and added a 2028 net profit attributable to shareholders forecast of RMB 1.2 billion. As a leading domestic ERP player, KINGDEE INT'L's product strength is expected to be further enhanced with AI empowerment, and the "Buy" rating is maintained.