Zhong Guo Jing Ji Wang·2026-01-28 07:22Core Viewpoint - CloudWalk Technology (688327.SH) has announced a projected net loss for the year 2025, estimating a net profit attributable to shareholders of the parent company to be between -590 million and -490 million yuan [1] Financial Performance Summary - For the years 2019 to 2021, CloudWalk Technology reported the following revenues and net profits: - 2019: Revenue of 807.35 million yuan, net profit of -692.10 million yuan [1] - 2020: Revenue of 754.77 million yuan, net profit of -843.93 million yuan [1] - 2021: Revenue of 1.08 billion yuan, net profit of -664.11 million yuan [1] - In 2022 and 2023, the company reported revenues of 526 million yuan and 628 million yuan, with net profits of -869 million yuan and -643 million yuan respectively [2] - For 2024, the company achieved a revenue of 398 million yuan, a year-on-year decrease of 36.69%, with a net profit of -696 million yuan [2] IPO and Fundraising Details - CloudWalk Technology was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on May 27, 2022, issuing 112 million shares at a price of 15.37 yuan per share [2] - The total amount raised from the IPO was 1.73 billion yuan, with a net amount of 1.63 billion yuan after deducting issuance costs, which was 2.12 billion yuan less than the planned amount of 3.75 billion yuan [2] - The funds were intended for projects including human-machine collaborative operating system upgrades and AI solution service ecosystems [2] Share Capital Changes - The total issuance costs for the IPO amounted to 101 million yuan, with the lead underwriter, CITIC Securities, receiving 72.12 million yuan in underwriting fees [3] - On June 7, 2023, the company announced a capital increase plan, distributing 0.4 shares for every share held, resulting in an increase of 296.27 million shares, bringing the total share capital to approximately 1.04 billion shares [3]