Understanding the Market | KINGDEE INT'L rose over 7%, with a year-on-year growth of approximately 20% in its cloud subscription services for the first quarter. The company’s "Cloud + AI" has entered the harvest stage
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KINGDEE INT'L's stock price rose by more than 7%, with an increase of 7.12% as of the time of publication, reported at HKD 12.06, with a transaction volume of HKD 303 million. The company announced that its annual recurring revenue from cloud subscription services is expected to reach approximately RMB 3.56 billion by 2025, a year-on-year increase of about 20%. KINGDEE INT'L's "Cloud + AI" strategy is driving digital transformation for enterprises, and it is expected to achieve profitability by 2025
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