Kingdee International Announces Acquisition of Equity Interest in CloudHub to Enhance SaaS Ecosystem
Reuters
Yesterday
Kingdee International Announces Acquisition of Equity Interest in CloudHub to Enhance SaaS Ecosystem
Kingdee International Software Group Company Limited has announced the acquisition of equity interest in a company through an Equity Transfer Agreement dated 15 September 2025. This transaction involves Chongqing Science City Investment Co., Ltd., which held a 9.1743% equity interest in the Target Company as of the announcement date. The Group, primarily engaged in corporate management software and cloud services, aims to enhance its digital transformation offerings through this acquisition. The Completion Day for the transaction will be when all conditions precedent under the agreement are satisfied or waived by the Purchaser. The acquisition reflects Kingdee's strategic focus on expanding its cloud ERP systems and smart collaboration solutions for large and middle-sized enterprises.
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