Gelonghui, March 5 | When receiving research from institutional investors, Ge Longhui Technology (688159.SH) recently said that the growth in 2023 will mainly come from cloud business, including IoT management and service platforms and cloud infrastructure equipment. Wireless communication modules and terminals are still being restored. It is expected that in 2024, as the company continues to explore the needs of government and enterprise customers, the cloud business is expected to maintain significant growth. With the company's in-depth efforts in the past two years as a foundation, digital smart city IoT terminals and overseas vehicle networking terminals are also expected to grow significantly. The growth rate and gross margin contribution of these businesses is higher than that of wireless communication modules. The company will continue to optimize its revenue structure and strive to increase the revenue share of high-margin businesses, including cloud business and terminal business, to more than 40%.