Kingdee International Software Group Company Limited provided earnings guidance for the year ended 2023. The Company is expected to record total revenue of approximately RMB 5.65 billion to RMB 5.70 billion, achieve a year-on-year increase of 16.2% to 17.2%, a net cash flow from operating activities of approximately RMB630 million to RMB 670 million (year-on-year increased of 68.3%-78.9%) and loss attributable to owners of the Company amounted to approximately RMB 170 million to RMB 250 million (net loss decreased by RMB140 million to RMB220 million) in 2023. Kingdee Cloud subscription ARR (annual recurring revenue) is expected to amount to approximately RMB 2.85 billion in 2023, representing a year-on-year increase of approximately 32.8%.