Core Insights - Kingdee International has disclosed its AI contract amount for the first time in its latest financial report, emphasizing that AI + management will become a core competitive advantage for enterprises [1][2] - The company reported a revenue of 3.192 billion yuan for the first half of 2025, representing a year-on-year growth of approximately 11.2%, with cloud service revenue accounting for 83.7% of total revenue [1][2] - Kingdee International's loss narrowed to 97.738 million yuan, a 55.1% improvement compared to a loss of approximately 218 million yuan in the same period last year, attributed to the scaling effects of cloud subscription business and efficiency gains from AI [1][2] Financial Performance - Cloud subscription revenue reached approximately 1.684 billion yuan, growing by about 22.1% year-on-year, with significant growth in various cloud products [2] - The annual recurring revenue (ARR) from cloud subscriptions reached 3.73 billion yuan, an 18.5% increase year-on-year, while contract liabilities for cloud subscriptions grew by 24.7% to 3.378 billion yuan [2] - Gross profit increased by 15.4% year-on-year, with a gross margin improvement of 2.4 percentage points, and operating cash flow net amount improved by approximately 89% [1][2] Strategic Initiatives - Kingdee International has adopted an "ALL IN AI" strategy, aiming to integrate AI technology deeply into all its SaaS products, services, and operational processes [2][3] - The company has expanded its global presence, serving clients in 172 countries and regions, and has registered subsidiaries in several Southeast Asian and Middle Eastern countries to enhance its international strategy [3] - The CEO stated that the AI + SaaS paradigm is reshaping the industry landscape, and the company aims to become a leading enterprise management AI company by 2030 [3]
金蝶国际首度披露AI合同金额 徐少春：AI+SaaS黄金十年已来