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Kingdee Achieves 46.9% Year-on-Year Growth in Net New ARR for Q3
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Author：小编
Kingdee International has reported that, as of the end of September, its subscription Annual Recurring Revenue (ARR) had surged to RMB 4.604 billion, marking a significant 19.3% year-on-year increase. Notably, the net new ARR for the third quarter alone witnessed a remarkable 46.9% year-on-year growth. During the first three quarters, the contracted value for AI-native products soared to RMB 1.002 billion. On the day of the announcement, Kingdee International's stock price closed up by 3.45%. In the third quarter, Kingdee International secured contracts with prominent enterprises, including CRRC, Changan Automobile, China Everbright Group, Huazhu Group, and Sunshine Smart Maintenance.
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