Core Insights - Kingdee International reported a recurring revenue of approximately RMB 3.56 billion for its cloud subscription services for the first quarter, representing a year-on-year growth of about 20% [1] - The net renewal rates for various Kingdee cloud products are as follows: Kingdee Cloud · Cangqiong & Xinghan at 108%, Kingdee Cloud · Xingkong at 94%, Kingdee Cloud · Xingchen at 92%, and Kingdee Jingdou Cloud at 88% [1] Financial Performance - The annual recurring revenue for Kingdee Cloud subscription services reached approximately RMB 3.56 billion [1] - The year-on-year growth rate for this revenue is approximately 20% [1] Product Performance - The net renewal rates for Kingdee's cloud products indicate strong customer retention, with rates of 108%, 94%, 92%, and 88% for different services [1]
金蝶国际：一季度金蝶云订阅服务年经常性收入约35.6亿元 同比增约20%