Gelonghui, Feb. 26 | Danghong Technology (688039.SH) said on the investor interactive platform that the company has deep core technology accumulation in the field of video coding and transcoding. The main technical team has accumulated nearly 30 years of experience and technology in this field. The company participated in the formulation of video coding standards and is a core supplier of 4K/8K ultra-high-definition real-time encoders in China. The company deeply supports the launch of the CCTV-8K Ultra HD channel and the Olympic Channel. 8K codec products have been used in major events such as the CCTV Spring Festival Gala, the Beijing Winter Olympics, the Shaanxi National Games, the 2022 Mid-Autumn Festival Gala, the Qatar World Cup, the Chengdu Universiade, and the Hangzhou Asian Games. At the same time, the company has also participated in the formulation of a number of relevant technical standards and white papers in the field of ultra-high definition. For more information on the company's technical and business conditions, please pay attention to the company's regular reports and public disclosure information.