China Digital Video (08280) released its annual performance to March 31, 2024, during which the group achieved revenue of CNY 0.146 billion, and the company's equity holders should have a loss of CNY 0.147 billion. The basic loss per share was 23.84 points.

The announcement stated that the group's revenue decreased by 43.9% from CNY 0.26 billion in the 2022/2023 fiscal year to CNY 0.146 billion in the 2023 fiscal year, due to the negative impact of the increasing in internet-plus-related video, which resulted in the group's customers delaying their system upgrade timetable.