Kingdee International: The contract value of AI native products in the first quarter reached 2.3 billion yuan.

On April 13, Kingdee International announced on the Hong Kong Stock Exchange that as of March 31, 2026, the annual recurring revenue of subscription services was approximately 4.22 billion RMB, an increase of about 19% year-on-year. In the first quarter of 2026, the contract amount for AI native products reached 230 million RMB. The net renewal rates for AI+SaaS products were 103%, 96%, and 94% respectively. During the reporting period, the Group won bids from well-known companies such as Shuanghui Development, Mianbi Intelligence, Greentown Service, Core Technology, Puyang Steel, and Huatong Group.