Chuangxin Qizhi Technology Group Co., Ltd. (Chuangxin Qizhi) announced the unaudited interim performance for the six months ended June 30, 2024, showing a 38.1% year-on-year decrease in revenue to RMB 571,704,000. The gross margin increased to 33.8%, but there was a loss of RMB 184,553,000 during the period, a decrease from the loss in the same period last year. The company emphasizes the importance of maintaining funds in an uncertain market environment and reports cash and cash equivalents of RMB 1,332.9 million. Chuangxin Qizhi continues to focus on R&D investment to ensure technological leadership and has made progress in asymmetrical enhanced self-supervised learning methods and AI large-scale model technology. In addition, the company announced that all incentive shares granted under the stock-based incentive plan for 2023 have expired and changes have been made to the purpose and term of use of the proceeds to align with the company's operation strategy and long-term development. The board of directors does not recommend the distribution of interim dividends.

Chuangxin Qizhi Technology Group Co., Ltd. (Chuangxin Qizhi) announced the unaudited interim performance for the six months ended June 30, 2024, showing a 38.1% year-on-year decrease in revenue to RMB 571,704,000. The gross margin increased to 33.8%, but there was a loss of RMB 184,553,000 during the period, a decrease from the loss in the same period last year. The company emphasizes the importance of maintaining funds in an uncertain market environment and reports cash and cash equivalents of RMB 1,332.9 million. Chuangxin Qizhi continues to focus on R&D investment to ensure technological leadership and has made progress in asymmetrical enhanced self-supervised learning methods and AI large-scale model technology. In addition, the company announced that all incentive shares granted under the stock-based incentive plan for 2023 have expired and changes have been made to the purpose and term of use of the proceeds to align with the company's operation strategy and long-term development. The board of directors does not recommend the distribution of interim dividends.