superslot365| Caixin Securities gave Wanxing Technology an overweight rating: the annual performance grew steadily, all products embraced AI

Recently, Caixin Securities issued a research report to AIGC Software A-share listed company Wanxing Technology (300624) (300624Superslot365.SZ) increase the rating. The research newspaper pointed out that Wanxing's full range of science and technology products embraced AI, with steady growth in its annual performance and sustained growth in the first quarter.

According to Wanxing Technology's 2023 financial report, the annual revenue is 14%.Superslot36581 billion yuan, up 25.49 percent over the same period last year, and the net profit returned to the mother was 86.2057 million yuan, an increase of 113.20 percent over the same period last year, deducting 89.6831 million yuan from non-net profit, an increase of 817.45 percent over the same period last year. In the first quarter of 2024, Wanxing Technology realized revenue of 358 million yuan, net profit of 25.6498 million yuan and non-net profit of 22.7679 million yuan.

In 2023, Wanxing Technology will accelerate the layout of technology research and development and product innovation. On the one hand, it will continue to polish and optimize the WES video base, strengthen AI algorithm and other technological R & D innovation, and realize the functions of video face changing, image tracking, AI music generation and so on.Superslot365Landing or optimization, R & D of the first audio and video multimedia model Wanxing "Skyscreen"; on the one hand, to promote new AI functions on its products, and launched a number of creative new products, its Wondershare Filmora, Wanxing Meow Ying, Wondershare PDFelement, Wanxing PDFs, Yitu Tu, Mo Dao and other products have integrated AIGC capabilities, and launched Wanxing Bao, Wondershare TruMate, Wondershare Kwicut and other new AIGC products.

In addition, in the first quarter of 2024, Wanxing Technology enhanced video technology and hardware adaptation to complete the adaptation of Wanxing Meow Ying to Huawei's new MateBook X Pro Smart PC products and NPU, bringing efficient and smooth content creation experience to different end users. At the same time, the company focuses on the development and training of computer vision algorithms, music algorithms and audio and video large model technology to realize the innovation of various AI atomic capabilities in video, audio, image and language models, and promote the record license of Wanxing "Skyscreen", a large audio and video multimedia model, through the interim measures for the Management of generative artificial Intelligence Services.

On April 28th, Wanxing Technology held the public test experience of the large model of Wanxing Skyscreen and the innovation forum of "AI reshaping Video creation" in Changsha, and announced the official public test of Wanxing Skyscreen. At present, Wanxing "Skyscreen" text generation ability to achieve the continuity of different styles, rich scenes and themes, one-click generation time can be more than 60 seconds, and will gradually open the interface to enterprises and developers to speed up the intelligent creation process in the audio and video field.

superslot365| Caixin Securities gave Wanxing Technology an overweight rating: the annual performance grew steadily, all products embraced AI

Caixin Securities analysts commented that in the future, the company will continue to integrate various AIGC capabilities into the full range of products, which is expected to further open the product payment space.

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