According to Zhitong Finance App News, Guangyun Technology (688365.SH) released its 2023 annual performance report, with total operating revenue of 477 million yuan, a year-on-year decrease of 3.42%; net loss attributable to owners of the parent company of 18.264,800 yuan; net loss attributable to owners of the parent company after deducting non-recurring profit and loss of 853,013 million yuan; basic loss of 0.04 yuan per share.
During the reporting period, the company's revenue declined slightly compared to the previous year. The main reason was that in order to cope with the fierce external market competition environment, the company made timely strategic adjustments, focused on the main core business, and gradually reduced investment in non-core low-profit businesses such as operating business, CRM business, and hardware. Although the above business had a certain decline in the company's overall revenue scale, it did not affect the company's long-term business development due to the relatively low revenue and gross profit share of these businesses. At the same time, in 2023, the company continued to increase investment in R&D and market development around the big merchant strategy, and SaaS business revenue related to big merchants grew steadily.