Zhejiang Dahua Technology's H1 net profit declined, with overseas revenue exceeding domestic revenue for the first time | Interpretations
①Zhejiang Dahua Technology achieved a net income of 1.81 billion yuan in the first half of the year, a year-on-year decrease of 8.42%; ②Overseas income increased by 9.08% year-on-year, accounting for 50.35% of revenue; ③The gross margin of smart IoT products and solutions, as well as innovative business, all decreased compared to the same period last year.
Benefiting from increased downstream demand and mass production of new products, allwinner technology's H1 has turned losses into profits | Interpretation of financial report
After the afternoon stock price plummeted, Allwinner Technology's half-year report will be released tonight, and the main financial indicators are within the previously announced performance range. Benefiting from the recovery of the semiconductor market, increased downstream demand, and mass production of new products, the company's revenue in the first half of the year reached a new high since its listing, and the net income turned around compared to the same period last year.
Business expansion is affected, with Beijing Supermap Software's net profit falling by over 30% in the first half of the year. The company is "very optimistic" about the low-altitude market. | Interpretations
①In the first half of this year, Beijing Supermap Software achieved revenue of 0.637 billion yuan, a decrease of 7.76% year-on-year, and net income attributable to shareholders of 0.034 billion yuan, a decrease of 35.99%; ②The company attributes the decline in performance to the macro environment and the progress of business expansion, and the proportion of the second half of the year's revenue is higher than that of the whole year; ③The company previously announced that it is cooperating with Sichuan Jiuzhou Electric Investment Holding Group Co., Ltd., and is optimistic about the market for low-altitude flying.
Geling Shentong: Large models are the core technology development direction. When will the turnaround become a topic of concern for investors? | Direct hit shareholders meeting
Zhao Yong said that the large model technology is the foundation for the company's survival and development, and will also be the core technology development direction for the company in the next few years, in response to the importance of "multi-modal large model". Large models have been applied in finance, industry, commerce and other fields, but these models are auxiliary roles and have not reached the level of replacing people.
Various AI applications in different categories are constantly emerging domestically, and the prosperous AI ecosystem may drive related companies' explosive performance.
On August 19, the jointly established "AIGC (Generative Artificial Intelligence) Joint Innovation Laboratory" by the China Central Broadcasting and Television General Station and Zhejiang University was unveiled. Hao Jin Securities' Ni Shuang said that the pace of large-model releases is gradually slowing down, and the development of AI applications in various categories is intense and gradually showing advantages in overseas markets, which may promote the construction of the AI ecosystem.
Vanjee Technology struggles with the 'profit problem' as the trend of Vehicle-Road Cloud rises. The company recorded a loss of 0.15 billion in the first half of the year. | Interpretations
In the first half of the year, Vanjee Technology achieved revenue of 0.378 billion yuan, a year-on-year increase of 17.28%; the net loss attributable to the parent was 0.15 billion yuan, and the year-on-year loss increased by 17.33%. In addition, both the intelligent connected vehicle and lidar business of the company saw a decline in revenue, and gross margin also decreased year-on-year.