According to the Zhitong Finance App, Preferred Choice (09880) announced its annual results for the year ended December 31, 2023, with revenue of 1,056 billion yuan (RMB, same below), an increase of 4.7% over the previous year. In the past year, the explosion of humanoid robots, large models, and AI industries has become an important driving force for global technological development. The Group is committed to developing intelligent humanoid robots, especially large-scale humanoid robots and related artificial intelligence technology. The Group has achieved breakthroughs in related technologies developed around humanoid robots, providing a solid technical foundation for the advancement and industrialization of humanoid robots.
In 2023, the Group has carefully built a comprehensive educational software and hardware technology development platform. This platform has become a solid foundation for the Group's core product line, including next-generation advanced education platforms, Edutainment Crealand products, modular robots uGOT, and uKit building block programming robots.
In 2023, the Group underwent a major technological upgrade, developed a next-generation education platform, connected to a high-tech AI model application to enable AI to empower the Group's core business and further strengthen the Group's eight key AI functions: image recognition, speech recognition, machine learning, face recognition, natural language processing, posture recognition, graffiti recognition, and generative artificial intelligence (AIGC). The Group's platform provides high-quality AI learning resources to primary and secondary school teachers and students in all aspects, from perception, experience to inquiry, and has become a comprehensive intelligent education platform integrating functions such as teaching, programming, practical training, evaluation and management. Through this upgrade, the Group's education programs have made significant progress, and the winning percentage of next-generation education platforms has increased dramatically.
The Group's revenue from logistics intelligent robots and intelligent robot solutions reached RMB 389.7 million in 2023, an increase of 47.9% over 2022, accounting for 36.9% of total revenue during the year. The main reasons are: the increased competitiveness of the company's logistics products and solutions, the continuous launch of new products, the increase in repurchases from existing customers, the increase in new customers, and the increase in new application scenarios.