Kingdee (268.HK) Reports Q3 2025 Business Update and ARR Growth

Bulletin Express
2025/10/24

Kingdee International Software Group Company Limited (268.HK) has released a voluntary announcement highlighting its latest quarterly business developments. The company maintains its focus on “AI-first, Subscription-first, and Globalization.”

As of September 30, 2025, Kingdee’s Cloud subscription annual recurring revenue (ARR) reached approximately RMB3.86 billion, indicating an 18% year-on-year increase. Kingdee Cloud Cosmic & Constellation, Kingdee Cloud Galaxy, Kingdee Cloud Stellar, and Kingdee Jingdou Cloud achieved Net Dollar Retention ratios of 105%, 95%, 93%, and 88%, respectively.

During the period, the company reported new customers including Chin Hin Group Berhad, BAIC Group, Yuchai Machinery Group, Xinganglian Holding, Bloomage Biotech, and BrainCo. Shareholders and potential investors are advised to exercise caution when evaluating the data presented in this update.

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