Company Overview - CloudWalk Technology (SH 688327) announced its second board meeting on September 27, 2025, in Shanghai, discussing the draft of the 2025 second phase restricted stock incentive plan [1] - As of the report, CloudWalk Technology has a market capitalization of 17.6 billion yuan [1] Revenue Composition - For the year 2024, the revenue composition of CloudWalk Technology is as follows: - General AI and others: 37.33% - Smart Governance: 36.15% - Smart Finance: 12.61% - Smart Mobility: 8.44% - Smart Business: 5.25% [1]