On February 5, 2024, the SSE STAR Market Special Work Group visited the company for a research symposium, aiming to gain an in-depth understanding of the actual difficulties and challenges currently faced by the company in its development process, and to solicit the company's opinions and suggestions on how to better support the technological innovation and high-quality development of listed companies.
The SSE STAR Market Special Work Group carefully listened to the specific difficulties and problems faced by the company in its development, as well as its opinions and suggestions on supporting the technological innovation and high-quality development of listed companies. During this fruitful symposium, CloudWalk Technology comprehensively and detailedly reported its overall operational situation in 2023.
Looking back over the past year, CloudWalk Technology has firmly positioned itself in the core application areas of artificial intelligence. Leveraging deep technical expertise and keen market insight, it has successfully embedded into the core business processes of numerous industry clients. In response to urgent market demands for faster business growth and cost efficiency optimization, CloudWalk Technology has systematically and deeply optimized and upgraded its existing product lines and solutions, and has successfully incubated and widely promoted a series of innovative products and solutions.
This move has not only effectively expanded CloudWalk Technology's strategic layout in the intelligent transformation market, but also achieved forward-looking strategic deployments in emerging industries such as smart manufacturing, smart energy, and smart elderly care, further consolidating our leading position in the field of artificial intelligence.
Notably, in fiscal year 2023, thanks to a significant surge in software sales related to the Human-Machine Collaborative Operating System (CWOS), CloudWalk Technology's overall gross margin steadily improved compared to the previous fiscal year. At the same time, revenue scale showed healthy growth, and losses further narrowed.
As an AI listed company adhering to the 'investor-oriented' development philosophy, CloudWalk Technology is always committed to improving internal management levels, enhancing information disclosure transparency, and through diversified and open investor communication channels, solidly implementing the business strategy of 'improving quality, increasing efficiency, and emphasizing returns'. With concrete actions, we enhance the intrinsic quality and value of the listed company, build a strong market brand image, support capital market stability, actively promote high-quality sustainable development of China's economy, and thus better repay the trust and support of our investors.
Ms. Yang Hua, Director, Vice General Manager, and Board Secretary of CloudWalk Technology, further articulated the company's firm commitment to improving the quality of the listed company and enhancing investor returns. She emphasized that this philosophy is the unshakable cornerstone of CloudWalk Technology's development and the beacon of belief we always adhere to on our forward path. We uphold a steady and pragmatic corporate spirit, continuously focus on improving profitability, and are committed to fundamentally improving corporate performance to achieve sustainable and healthy business growth.
Ms. Yang Hua stated: 'CloudWalk Technology deeply recognizes that only through continuous optimization of business strategies and strengthening of internal management efficiency can we effectively enhance the company's core competitiveness and market position, thereby bringing richer investment returns to shareholders and investors. We will unwaveringly uphold our beliefs and fulfill our responsibilities to shareholders and society with concrete actions, striving to solidify our foundation and achieve brilliance in the wave of the AI industry, living up to the support and trust of our investors.'
From July 19 to 20, Yang Hua, Senior Vice President and Board Secretary of CloudWalk Technology, attended WAIC Financial Afternoon Tea and WAIC CONNECT events, sharing insights on trusted agents, AI teams, and physical AI exploration.
On July 15, the Xingyun AI OPC Community Enhancement Camp event, themed "OPC Endurance, Xingchuang Future," was held at Neptune Digital Cultural and Creative Park. The event focused on the full lifecycle needs of OPC enterprises, providing one-stop training on "technology platform + fiscal and tax compliance + financial services," attracting about 30 OPC enterprises and representatives from multiple ecosystem organizations.
Recently, CloudWalk Technology's Human-Machine Collaborative Operating System (CWOS) completed compatibility testing with Huawei Atlas 800-3000 inference server, marking another in-depth cooperation based on domestic autonomous and controllable technology.
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