Focus Tech.(002315)2025-03-05 13:20Group 1: Financial Performance - In 2024, the company's operating revenue reached 1.661 billion CNY, an increase of 9.31% compared to the previous year [1] - The net profit attributable to shareholders was 451 million CNY, reflecting a 19.09% increase year-on-year, including 21.41 million CNY for performance incentive funds [1] - The net profit after deducting non-recurring items was 438 million CNY, also up by 19.08% from the previous year [1] Group 2: Business Operations - The revenue from Made-in-China.com accounted for 84.24% of total revenue, amounting to 1.399 billion CNY in 2024 [1] - Cash collections from Made-in-China.com grew by over 10% year-on-year, with the platform's paid member count increasing by 2,829 to 27,415 [1] - The company implemented a "dual-line advancement" strategy in 2024 to enhance service capabilities and global layout [2] Group 3: Market Expansion - The company achieved significant growth in emerging markets: Southeast Asia (traffic +58.5%, opportunities +33%), Middle East (traffic +38%, opportunities +24%), and Latin America (traffic +32.8%, opportunities +32.8%) [2] - The total registered buyers on the platform increased by 28% year-on-year [2] Group 4: AI Development - The company launched the AI assistant "AI Mai Ke" in 2023, with over 9,000 members purchasing it by the end of 2024, generating cash income exceeding 45 million CNY [3][4] - The AI product has undergone multiple iterations, with the latest version (4.0) capable of automating the entire foreign trade workflow [4] Group 5: Revenue Recognition - The AI business reported revenue of 24.48 million CNY, attributed to the prepayment model where revenue is recognized based on actual usage time by suppliers [5]