On September 24th, the major tasks for the second half of the year for Laisi Information include accelerating revenue recognition and the landing of new projects. With the advancement of xinxingchanye policies, the market may usher in a new round of opportunities in the second half of the year. A batch of major projects in various fields are also about to be accepted, and it is expected that the company's overall performance will show a stable and positive trend. At the 2024 interim performance briefing, Yan Yongjie, a director, party committee secretary, and general manager of Laisi Information, stated.

As the only listed platform under the 28th Research Institute of China Electronics Technology Group Corporation, Laisi Information focuses on the layout and development of civil aviation aviation traffic management, urban road traffic management, and urban governance. Laisi Information is also a industry chain company that is highly concerned by the market in the "car-road-cloud integration" and "low-altitude economy" sectors.

At the performance briefing held today (September 24th), many investors mainly inquired about the business progress of Laisi Information in the two hot areas mentioned above.

Yan Yongjie, director, party committee secretary, and general manager of the company, replied to the questions of reporters from "Science and Technology Innovation Board Daily," stating that in the "car-road-cloud integration" sector, the company has completed the joint research and development project based on multi-source integrated perception and vehicle-road collaborative roadside technology.

Laisi Information provides "car-road-cloud integration" related information services for cities such as Nanjing, Nantong, chongqing, Zhuzhou, etc. Currently, the internet of vehicles equipment products have been implemented in Xiongan, inner mongolia erdos resources, and other cities, as mentioned by Yan Yongjie.

Yan Yongjie further mentioned, "We have formed an overall solution for 'car-road-cloud integration' and are currently coordinating and refining the solution with some key cities. Subsequently, we will jointly promote the landing of pilot projects."

Regarding the low-altitude field, Yan Yongjie believes that the current low-altitude field is still in the early stage, and facing future large-scale, high-density, flexible and autonomous low-altitude flight scenarios, it requires the support of highly reliable large systems."

Laisi Information currently focuses on the development of the low-altitude 'Tianmu' series products around the flight management platform, including the low-altitude flight management service platform 'Tianmu-M', the drone operation service system 'Tianmu-S', the airspace route planning simulation system 'Tianmu-P', and the intelligent management system for take-off and landing sites 'Tianmu-A', aiming to connect the upstream and downstream of the industry chain, and build a complete low-altitude support service system with the platform 'brain' as the core.

"The company is jointly planning the overall development plan of low-altitude with local governments. It has already formed strategic cooperation with more than 20 provinces and cities, and has achieved phased results in some areas, empowering the low-altitude flight service support system," said Yan Yongjie.

It is worth mentioning that Laisi Information previously mentioned during investor research that its project completion and revenue recognition have a certain seasonality, with most end customers confirming related matters in the second half of the year.

The company stated during interactions with investors on September 19 that it is carrying out the implementation of the low-altitude flight service platform project integrating new technologies in Anhui Province and is expected to be accepted by the end of this year.

In the first half of this year, Laisi Information achieved operating income of 637 million yuan, a year-on-year increase of 21.02%, mainly due to the rapid growth in business in the urban road traffic management field; achieved a net loss attributable to the parent company of -54.519 million yuan, narrowing the loss by 70.937 million yuan year-on-year.