Group 1 - CloudWalk Technology Co., Ltd. has taken a significant step towards its IPO by passing the listing hearing at the Hong Kong Stock Exchange, with CICC and Haitong International as joint sponsors [1] - The Chinese artificial intelligence solutions market is rapidly expanding, projected to reach a market size of 11.7 trillion yuan by 2030, driven by economic growth and evolving customer demands [3] - CloudWalk has transitioned from voice interaction to multimodal large models, launching its first large language model, UniCore, based on BERT in 2018, and its self-developed "Shan Hai" model in 2023, which has a parameter scale of 60 billion [3] Group 2 - The smart living business is the revenue backbone of CloudWalk, with solutions widely applied in various fields, including smart home, automotive voice, smart transportation, financial services, and IoT [4] - Revenue from the smart living segment is projected to grow from 490 million yuan in 2022 to 740 million yuan in 2024, consistently accounting for about 80% of total revenue [4] - CloudWalk is expanding its business boundaries by offering its large language model capabilities to developers and enterprises through API interfaces, embedded AI chips, and IoT modules [4] Group 3 - The smart healthcare sector is emerging as CloudWalk's "second growth curve," providing comprehensive AI solutions for medical institutions, including voice electronic medical records, intelligent triage, medical imaging assistance, and medical insurance payment management [6] - Revenue from the smart healthcare business is expected to grow from 110 million yuan in 2022 to 200 million yuan in 2024, with its share of total revenue increasing from 18.9% to 21.2% [6] - CloudWalk serves nearly 500 hospitals nationwide, including prestigious institutions like Peking Union Medical College Hospital [6] Group 4 - Looking ahead, CloudWalk is well-positioned to maintain its leading status in the era of large models, leveraging its strong capabilities in smart living and smart healthcare to deliver innovative AI solutions across various industries [8]
云知声通过港交所聆讯，持续深耕智慧生活与智慧医疗领域