Core Viewpoint - Kingdee International (00268) saw a stock price increase of over 4%, reaching HKD 15.05, with a trading volume of HKD 230 million, following the announcement of its financial performance and new client acquisitions [1] Financial Performance - As of September 30, Kingdee's annual recurring revenue (ARR) from its cloud subscription services was approximately RMB 3.86 billion, representing a year-on-year growth of 18% [1] - The net renewal rates for various cloud products were as follows: Kingdee Cloud · Cang Qiong at 105%, Kingdee Cloud · Xing Kong at 95%, Kingdee Cloud · Xing Chen at 93%, and Kingdee Jing Dou Cloud at 88% [1] Client Acquisition - During the reporting period, Kingdee signed new contracts with several clients, including Chin Hin Group Berhad, BAIC Group, Yuchai Group, Xinjian Group, Huaxi Biological, and Qiangnao Technology [1] Strategic Partnerships - On August 13, the company signed an ERP project construction agreement with Chin Hin Group Berhad, leveraging its Xing Han and AI quotation agent products. This partnership signifies a strategic shift from merely following Chinese enterprises abroad to directly engaging with local companies, potentially setting a benchmark for regional replication [1]

Core Viewpoint - Kingdee International (00268) has seen a stock price increase of over 4%, currently trading at HKD 15.05, with a transaction volume of HKD 230 million [1] Financial Performance - As of September 30, Kingdee's annual recurring revenue (ARR) from its cloud subscription services reached approximately RMB 3.86 billion, representing a year-on-year growth of 18% [1] - The net renewal rates for various Kingdee cloud products are as follows: - Kingdee Cloud · Cang Qiong: 105% - Kingdee Cloud · Xing Han: 95% - Kingdee Cloud · Xing Kong: 93% - Kingdee Jing Dou Cloud: 88% [1] Client Acquisition - During the reporting period, Kingdee signed new clients including Chin Hin Group Berhad, BAIC Group, Yuchai Group, Xin Steel Union, Huaxi Biological, and Qiang Nao Technology [1] Strategic Partnerships - On August 13, the company signed an ERP project construction agreement with Chin Hin Group Berhad, leveraging its Xing Han and AI quotation agent products. This partnership signifies a shift from merely following Chinese enterprises abroad to directly engaging with local companies, potentially setting a benchmark for regional replication [1]