Company Overview - Company achieved operating revenue of 453 million yuan in 2024, a year-on-year decline of 0.37% [1] - Net profit attributable to shareholders was 29.48 million yuan, marking a return to profitability [1] - Main business focuses on intelligent cloud video, including software and hardware terminal products [1] Technology and Innovation - Company relies on proprietary algorithms and domestic intelligent manufacturing, with a strong emphasis on R&D and investment [1] - Technologies include intelligent image and audio technology, 3D graphics engine, 3D intelligent rendering, image and acoustic algorithms, and a globally distributed flexible audio-video network [1] Market and Industry Insights - The global cloud video conferencing market is projected to reach approximately 6.44 billion USD in 2024, with strong demand from developed countries [2] - By 2030, the global video conferencing market is expected to grow to 19.73 billion USD, with a compound annual growth rate of 12.5% from 2022 to 2030 [2] Future Plans - For 2025, the company plans to focus on intelligent cloud video communication, enhancing the "AI + cloud + hardware" integration [2] - The company aims to improve operational efficiency, expand product lines, and enhance differentiation in key product series [2] - There is a commitment to accelerate market expansion in both major and emerging markets, leveraging new technologies such as AI and 3D [2] Recent Financial Performance - In Q1 2025, the company reported operating revenue of 112 million yuan, a year-on-year increase of 12.28% [3] - Net profit attributable to shareholders was 6.59 million yuan, a decline of 58.36% compared to the previous year due to the absence of prior gains from subsidiary transfers [3] - The company achieved a non-GAAP net profit of 2.83 million yuan, indicating a return to profitability [3]