Shunya International(SZ:300612)2023-05-08 11:18Financial Performance - In Q1 2023, the company achieved a revenue of 228.35 million yuan, a year-on-year increase of 19.72%, but the net profit attributable to shareholders was only 1.3 million yuan, a decline of 85.22% compared to the previous year [3] - The revenue from the data technology product service segment significantly decreased, attributed to its status as an innovative business still in the exploratory phase [3][5] - Historical revenue for the data technology product service segment from 2020 to 2022 was 5.62 million yuan, 38.97 million yuan, and 31.50 million yuan, representing 0.91%, 4.25%, and 2.84% of total revenue respectively [6][7] Business Strategy and Development - The company is actively researching and developing artificial intelligence (AI) technologies, with its self-developed "Giant Wave Technology Platform" capable of intelligent content generation and video editing [4][8] - Plans to raise funds through a private placement to upgrade the "Giant Wave Technology Platform" and enhance its AI capabilities are underway, pending regulatory approval [4][8] - The company emphasizes the importance of maintaining a strong core competency in digital marketing and advertising while adapting to emerging technologies and market trends [6] Investor Relations and Communication - The company held an online performance briefing on May 8, 2023, to engage with investors and address their concerns, allowing for a Q&A session with executives [2] - Investors expressed concerns regarding the company's stock performance and the impact of AI developments on future growth, to which the company responded by highlighting ongoing technological advancements and market strategies [5][8] - The company reassured investors about its commitment to transparency and timely information disclosure regarding its financial and operational status [6][7]