Kingdee International Software (HKG:0268) recorded an annual recurring revenue on its subscription services of around 4.6 billion yuan as of Sept. 30, up 19% from a year prior.
Net new annual recurring revenue for the third quarter jumped roughly 47% year over year, driven mainly by higher demand for Kingdee AI Suite and Lingee, a Monday bourse filing showed.
For the first three quarters, total contract value signed for the company's AI-native products reached a little over 1 billion yuan.
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