muertomultipliermegaways| iFlytek (002230.SZ) released its 2023 annual results, with a net profit of 657 million yuan, an increase of 17.12%

Zhitong Financial APP News, iFLYTEK (002230Muertomultipliermegaways.SZ) issue the 2023 annual report, during the reporting period, the company realized operating income of 196Muertomultipliermegaways0.5 billion yuan, an increase of 4.41 percent over the same period last year. The net profit attributed to the shareholders of listed companies was 657 million yuan, an increase of 17.12% over the same period last year. The net profit belonging to shareholders of listed companies after deducting non-recurring gains and losses was 118 million yuan, down 71.74% from the same period last year. The basic earnings per share is 0.28 yuan. It is proposed to pay a dividend of 1 yuan (including tax) for every 10 shares to all shareholders.

As of December 31, 2023, the company's net operating cash flow was 350 million yuan, of which the company's net operating cash flow exceeded 1.5 billion yuan in the fourth quarter.

The net profit after deducting non-recurring profits and losses in 2023 was 118 million yuan, down 71.74% from the same period last year. The main reason is that the company has firmly invested in self-controllable core technologies and controllable domestic alternatives to the industrial chain. At the same time, we will actively seize the new historical opportunities of general artificial intelligence and increase investment in the research and development of cognitive models on autonomous controllable platforms. Although the above investment affects to a certain extentMuertomultipliermegawaysThe company has made profits in the current period, but the company's core competence in the independent and controllable core technology, as well as the leading advantage achieved by the spark cognitive model, lays a foundation for the company to maintain its advantage in the industrial competition of the big model.MuertomultipliermegawaysLaid a solid foundation.

During the reporting period, the company firmly invested in artificial intelligence general large model and industry large model and made remarkable progress. In October 2023, the company and Huawei jointly released the first Vanka domestic computing platform "Fei Xing 1" to support the training of trillion-parameter large models. The "iFLYTEK Spark V3.5" based on this platform was officially released on January 30th, 2024. IFLYTEK Spark V3.5 has achieved great improvements in logical reasoning, language understanding, text generation, mathematical questions, code, and multimodal capabilities, further approaching the latest level of GPT-4Turbo; at the same time, the Spark speech model will be released for the first time, which has surpassed WhisperV3 launched by OpenAI in the first 37 mainstream languages, maintaining the international leading level of iFLYTEK intelligent voice technology. In addition, the company also released the first iFLYTEK Spark open source model that deeply adapts to domestic computing power.