Kingdee Q1 2026 Update: ARR Rises 19% to RMB4.22 Billion; AI Suite Contract Value Hits RMB230.00 Million

Bulletin Express

04/13

Kingdee International Software Group Company Limited (Kingdee) released a voluntary business update detailing first-quarter 2026 performance. Management reaffirmed the “AI-First, Subscription-First and Globalization” strategy and disclosed the following unaudited figures.

Annual recurring revenue (ARR) from subscription services reached RMB4.22 billion as of 31 March 2026, reflecting 19% year-on-year growth.

New contract value for the AI-native product line, Kingdee AI Suite, totaled RMB230.00 million during the quarter.

Net dollar retention for key AI-driven SaaS offerings remained above industry benchmarks: Kingdee AI Constellation at 103%, Kingdee AI Galaxy at 96% and Kingdee AI Stellar at 94%.

Recent customer wins include Shuanghui Development, ModelBest, Greentown Service, Allsemi Technology, Puyang Iron and Steel and Huatong Meat Products, underscoring continued traction in the enterprise segment.

The company emphasized that all figures are unaudited and advised shareholders and potential investors to exercise caution when dealing in its securities.

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