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AI-based Business Drives 32% Growth in Taoping's First Half 2024 Total Contract Revenue Value
Taoping reported a total contract revenue value of approximately RMB 140 million (USD $19.3 million) for the first half of 2024, marking a 32% increase from the year-ago period.
The growth is driven by their AI-based products, especially the AI-powered Smart Terminals, which enhance business operations and customer interactions through efficiency, customization, and engagement.
Chairman and CEO Lin Jianghuai emphasized the sustained growth potential into the second half of the year, citing positive customer feedback and new opportunities.
The company aims to leverage its AI product portfolio to unlock greater shareholder value.
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