KINGDEE INT'L(00268) plans to purchase 62.764% equity of Yunzhi Jia for a total of 68.25 million yuan.

KINGDEE INT'L (00268) announced that on September 15, 2025, Butterlfly Holdings (as seller) and Hongjin Investment (a controlled structural entity in the group's consolidated financial statements, as buyer) entered into a share transfer agreement, whereby Butterfly Holdings conditionally agreed to sell 62.764% of the equity of Cloud House to Hongjin Investment for RMB 68.25 million. Upon completion of the acquisition, the group's equity in Cloud House will increase from the current 7.5373% to 70.3013%, and Cloud House will become a subsidiary of the company. Kingdee adheres to the development strategy of "subscription first, AI first," and is committed to building the "most trustworthy enterprise management AI platform." The directors believe that the acquisition is in line with the company's core strategy, accelerating the company's AI transformation, and promoting long-term growth and value creation for shareholders. As a leading enterprise social and collaborative cloud-native platform incubated in the Kingdee ecosystem more than ten years ago, Cloud House has always shared the same steadfast vision with Kingdee to successfully transform the enterprise into a smart enterprise. By incorporating Cloud House into the Kingdee business portfolio, significant synergistic value is expected to be unleashed through seamless integration at the enterprise culture and operational levels. Through strategic integration, Cloud House will become the core collaborative platform of the Kingdee "subscription first, AI first" ecosystem, providing a unified AI and collaboration entry point for all Kingdee SaaS products. Customers will be able to complete full-process operations such as financial accounting, supply chain management, knowledge Q&A, task collaboration, and more on the same platform, significantly improving the overall efficiency of digital transformation.