Zhongtong Finance APP news, Kingdee Int'l (00268) announced the continuous deepening of the cloud subscription model transformation strategy, creating a "one arrow, multiple stars" product matrix for different types of enterprise markets. As of September 30, 2024, Kingdee's cloud subscription service's annual recurring revenue (ARR) is approximately RMB 3.28 billion, a year-on-year growth of about 23%; Kingdee Cloud · Cangqiong & Xinghan, Kingdee Cloud · Xingkong, Kingdee Cloud · Xingchen, Kingdee Jingdouyun achieved net dollar retention rates (NDR) of approximately 97%, 95%, 93%, 88% respectively. During the period, the group signed contracts with well-known enterprises such as Denso China, China Merchants Shekou, Liugang Group, CSPC Pharma, Kingfa Sci. & Tech., and Anjieli Weir.