HK Stock Market Move | KINGDEE INT'L (00268) rose nearly 15% in morning trading; core capabilities of AI products upgraded; Lingji paid customers have exceeded 3,700

KINGDEE INT'L (00268) rose nearly 15% in morning trading. As of press time, it was up 12.71% at HK$9.31, with turnover of HK$282 million. On the news front, on October 23, the 2026 Kingdee Global Visionary Conference was held in Beijing, with sub-venues set up in more than 60 cities across the country and total attendance exceeding 10,000, a record high. At the conference, Kingdee released three core capabilities: Lingji Manage, Enterprise Context, and ERP Connector, and announced that Lingji, its enterprise intelligent agent operating system launched only 5 months ago, has reached 3,706 paying customers. KINGDEE INT'L previously announced that in the first three quarters, the contract value signed for AI-native products reached RMB1.002 billion; at the end of September, subscription ARR was approximately RMB4.604 billion, up about 19.3% year on year; net new ARR in the third quarter increased about 46.9% year on year. The net dollar retention rates (NDR) of Kingdee AI Xinghan, Kingdee AI Xingkong, and Kingdee AI Xingchen were 101%, 97%, and 95%, respectively.