KINGDEE INT'L (00268) announced that the Group continues to advance its core strategy focused on "AI First, Subscription First, and Globalization." As of March 31, 2026, the Annual Recurring Revenue (ARR) from subscription services reached approximately RMB 4.22 billion, representing a year-on-year increase of about 19%. In the first quarter of 2026, the contract value signed for its native AI products, specifically the KINGDEE AI Suite, amounted to RMB 230 million. The Net Dollar Retention (NDR) rates for its AI+SaaS offerings, which include KINGDEE AI Xinghan, KINGDEE AI Xingkong, and KINGDEE AI Xingchen, were 103%, 96%, and 94%, respectively. During the reporting period, the Group secured contracts with several prominent enterprises, including Shuanghui Development, Mianbi Intelligent, Greentown Service, Allchip Technology, Puyang Iron & Steel, and Huatong Group.