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Kingdee International Software Group Company Limited

Limited company incorporated in Cayman Islands

Stock code: 0268.HK

Kingdee Signs a Contract with CCB Fintech to Help CCB Build a

New Intelligent Financial System

[ -, Hong Kong] Kingdee International Software Group Company Limited ("Kingdee International", "Kingdee" or the "Company", collectively called the "Group" along with its affiliated companies; stock code: 0268.HK) recently received a notice about wining the bid as a supplier issued by CCB Financial Technology Co., Ltd. ("CCB Fintech"), it is said that Kingdee has won the bid for the intelligent financial procurement project of CCB Head Office (CCB) it organized.

The contract signing is intended to replace the previous system from a foreign supplier with Kingdee cloud platform consisting of Kingdee Cloud Cosmic and Kingdee Cloud Constellation and help CCB Fintech remove the technical bottleneck. Through the cooperation, Kingdee will help CCB Fintech build a new fund & asset system with timely business response, advanced structure design and user-friendly operation experience for CCB.

The fund business is at the core of CCB's management. While supporting CCB in digital transformation, CCB Fintech reveals problems in its system, as the system is too complex to meet specifications of next-generation design. As the requirement on the synergy and integration between CCB's ERPF system and relevant external systems is increasingly higher, the demand for building a new fund & asset system to achieve delicacy financial management and high-quality corporate development is more pressing.

To solve such problems, CCB Fintech chooses Kingdee and kicks off a new journey to intelligent finance. Dedicated to the financial field for nearly three decades, Kingdee has accumulated mature solutions, products and technologies in the intelligent financial

field. According to IDC data for H1 2021, Kingdee ranked first in the corporate SaaS financial cloud field by market shares. The project introduces the core modules of Kingdee Cloud Constellation Finance, including the financial sharing center, comprehensive budge, cost calculation, receivables and payables, fixed assets and general ledger modules.

Over the past 28 years since its launch, Kingdee has provided management products and services for over 6.8 million enterprises and government organizations, empowering the building of "digital China" and paving the way for the independent and high-quality development of governments and enterprises. The cooperation with CCB Fintech shows Kingdee's exploration and innovation in the frontier field of financial management. Both sides will give full play to respective advantages, and leverage digital technologies to advance the digital transformation and high-quality development of CCB and create demonstration effects for the industry.

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About Kingdee International Software Group Company Limited

Kingdee International Software Group Company Limited ("Kingdee International" or "Kingdee") was established in 1993. It is listed on the Main Board of the Hong Kong Stock Exchange (stock code: 0268.HK) and headquartered in Shenzhen, China. Adhering to the core values of "Acting in all Conscience, with Integrity and Righteousness", the Company is committed to helping businesses achieve their growth targets through dedicated services. It strives to provide clients with the most trusted enterprise service platform.

With the exploration in cloud services area, Kingdee has continuously received recognition from renown global and local research institutions. Kingdee achieved the following six major recognitions: 1) the only Chinese enterprise SaaS vendor ranked top-five market share in Garnter's 2020 Application Platform Software; 2) the only Chinese enterprise SaaS vendor selected into Gartner's Global Market Guide; 3) the only Chinese vendor won IDC's 2020 Global SaaS Customer Satisfaction Award, ranked No.1 in ERP SaaS customer satisfaction; 4) the only Chinese vendor selected into IDC's 2021 Asia Pacific Manufacturing ERP SaaS MarketScape, as a Contender;

  1. the only company ranked No.1 market share in IDC's China's Enterprise SaaS ERM market for four consecutive years; 6) the only company ranked No.1 market in IDC's growth enterprise application software market for seventeen consecutive years.

Many cloud service products of Kingdee have won the favour of benchmark enterprises, which included Kingdee Cloud Cosmic (new-generation PaaS Platform for enterprises), Kingdee Cloud Constellation (SaaS solution for large enterprises), Kingdee Cloud Galaxy (SaaS solution for medium-sized enterprises), Kingdee Cloud Stellar (SaaS solution for micro and small enterprises). Kingdee has provided software management and cloud services for more than 6.8 million enterprises, governments and organizations across the world.

For further information, please contact:

Wonderful Sky Financial Group Ltd.

Gia Yuan / Lynn Liao

Tel: (852) 3641 1317 / (852) 3970 2211

Email: kingdee@wsfg.hk

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Kingdee International Software Group Co. Ltd. published this content on 31 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 December 2022 00:18:31 UTC.