Core Viewpoint - The company is preparing for its 2024 annual shareholders' meeting, emphasizing the importance of maintaining order and protecting shareholders' rights during the meeting [1][2][3]. Meeting Procedures - All attendees must adhere to the rules to ensure the meeting's order and efficiency, with specific guidelines on behavior and participation [1][2]. - Shareholders and their representatives have the right to speak, inquire, and vote during the meeting, with a requirement to register in advance for speaking [2][3]. - The meeting will include both on-site and online voting, with results published in a resolution announcement [3][5]. Financial Performance - In 2024, the company reported a revenue of 89.98 million yuan, a decrease of 57.58% compared to 2023 [25]. - The net profit attributable to shareholders was approximately -135.88 million yuan, a significant decline from a profit of 21.09 million yuan in the previous year [25][36]. - Research and development expenses increased by 44.48% to 37.80 million yuan, reflecting a commitment to innovation despite financial losses [25][30]. Governance and Oversight - The board of directors held eight meetings in 2024, ensuring compliance with regulations and effective decision-making [11][20]. - The supervisory board conducted oversight of the company's operations and confirmed that management acted diligently and in accordance with board resolutions [20][23]. Future Outlook - The company plans to maintain a cautious approach in its 2025 financial budget, anticipating stable growth in revenue and net profit [33][34]. - The proposal for the 2024 profit distribution indicates no dividends will be paid due to the company's losses, aiming to protect long-term shareholder interests [36][37]. - A proposal to purchase liability insurance for directors and senior management is also on the agenda to mitigate operational risks [38].

Core Viewpoint - The article discusses the accelerating changes in the global economy, emphasizing the urgent need for high-level technological self-reliance and the transformation of traditional industries to enhance global competitiveness [1]. Group 1: NovaX International Venture Carnival Overview - The NovaX International Venture Carnival aims to promote the development of innovation and entrepreneurship ecosystems between Hong Kong, the mainland, and the Greater Bay Area, providing a platform for showcasing innovative technologies, sharing entrepreneurial experiences, and facilitating investment cooperation [2]. - In 2024, the event is expected to gather nearly 5,000 participants, over 300 investment institutions, more than 180 exhibitors, 200+ startups, and 100+ speakers, leading to over 800 new cooperation projects and potential investments exceeding 50 million HKD [2]. - The 2025 edition of the NovaX International Venture Carnival will take place from June 30 to July 1 at the AsiaWorld-Expo in Hong Kong, attracting over 300 emerging startups from various fields and around 10,000 participants globally [3]. Group 2: Event Activities and Features - The two-day event will feature four stages with 100 influential speakers from the global tech innovation sector, discussing innovative opportunities and trends [4]. - Various activities will be held, including "NovaX 1-ON-1 Speed Matching," "Super Meeting Hall," themed salons, and the "NovaX+ Venture Dinner," providing AI-driven one-on-one investment matching platforms for efficient connections between startups and investors [4]. - The event will also include an awards selection for outstanding cases, such as the NovaX Most Investable Startup Award and the NovaX Global Expansion Trailblazer Award, which will be announced during the carnival [4]. Group 3: Hong Kong's Role and Advantages - The event leverages Hong Kong's position as a "super hub" connecting China and the global market, recognized as a financial center with a transparent regulatory framework and strong government support for the tech startup ecosystem [5]. - NovaX aims to build a bridge for precise matching and long-term win-win cooperation between innovators and investors, facilitating strategic "going global" initiatives for tech innovations [6]. - The mission of NovaX is to assist Chinese tech companies in global development and help global tech firms establish a presence in China, contributing to Hong Kong's goal of becoming an international innovation and technology center [8].

Core Viewpoint - The company, Hehe Information, has successfully completed its IPO on the Shanghai Stock Exchange's Sci-Tech Innovation Board, focusing on artificial intelligence and big data, with a revenue growth of 21% in 2024 and significant investments in R&D [1][6]. Group 1: Financial Performance - In 2024, the company's revenue increased by 21%, with R&D expenses exceeding 400 million yuan, marking a 36% increase from the previous year [1][3]. - The intangible assets primarily consist of self-developed data resources, with a book value of 45.51 million yuan, representing 94.52% of total intangible assets [1][2]. - The company's R&D expenses have been consistently above 200 million yuan annually, with a notable increase to 390 million yuan in 2024 [3][5]. Group 2: R&D Investment and Focus - The company has focused its R&D investments on AI and big data technology, enhancing product capabilities and user experience across its offerings [4][6]. - R&D expenses are primarily allocated to employee salaries, which account for 73% of total R&D costs, with an average salary of 510,000 yuan per employee in 2024 [5][6]. - The company has accumulated 128 patents, indicating a strong commitment to innovation and technology development [6]. Group 3: Data Asset Development - Hehe Information has developed two main types of data assets: foundational data and knowledge data, which are created through extensive data processing and analysis [2][9]. - The company is currently working on several projects aimed at enhancing its data asset capabilities, including a commercial big data SaaS platform and a data governance project [8]. - The potential for growth in the data industry is significant, with the company positioned to leverage its extensive data resources for high-value applications [9].