Express News | Kunlun Wanwei: Net profit loss for the first quarter was 187 million yuan, turning a year-on-year loss

BreakingsApr 26 20:29

Kunlun World Wide's revenue in the first quarter was 1.2 billion yuan, R&D expenses increased by 104%, and all in AGI and AIGC were determined

Glonghui, April 26 | Kunlun World Wide disclosed the results report for the first quarter of 2024. In the first quarter of 2024, the company achieved revenue of 1.21 billion yuan, of which overseas business revenue accounted for 88.4%, an increase of 6.2 percentage points over the previous year; the overall gross margin reached 78.4%, which remained at a high level. At the same time, the company firmly implemented the “All in AGI and AIGC” development strategy. In the first quarter of 2024, the company's R&D expenses reached 349 million yuan, an increase of 104.4% over the previous year. Under intense R&D investment, the overall operation of the company's core business still shows strong resilience

Gelonghui FinanceApr 26 20:29

Kunlun Wanwei (300418): Net profit increased in the fourth quarter, high-frequency iteration of AI products broadened commercialization space

The company released its 2023 annual report, with operating income of 4.915 billion yuan, +3.78% year over year; net profit to mother of 1,258 billion yuan, +9.15% year over year; basic earnings per share of 1.05 yuan, +8.25% year on year; its

招商證券Apr 26 17:21

Guoxin Securities released a research report on April 26 stating that it gave Kunlun Wanwei (300418.SZ) an increase in holdings rating. The main reasons for the rating include: 1) revenue growth is steady, and earnings such as changes in fair value drive

Guoxin Securities released a research report on April 26 stating that it gave Kunlun Wanwei (300418.SZ) an increase in holdings rating. The main reasons for the rating include: 1) revenue growth is steady, and earnings such as changes in fair value drive the year-on-year increase in performance; 2) the share of overseas business continues to rise, and the search and advertising business is growing well; 3) large models and AIGC applications continue to advance; 4) overseas information distribution and metaverse business performance are good. (Mainichi Keizai Shimbun)

Zhitong FinanceApr 26 10:49

Kunlun World Wide (30041): Revenue growth is steady, AI and metaverse continue to advance

Revenue growth was steady, and earnings such as changes in fair value led to a year-on-year increase in performance. 1) The company disclosed its annual report for 23 years. For the whole year, the company achieved operating income of 4.915 billion yuan and net profit to mother of 1,258 billion yuan, an increase of 3.7 billion yuan, respectively.

國信證券Apr 26 10:46

With Yan Shuicheng as the leader, Kunlun Wanwei 2050 Global Research Institute and NUS and NTU released Vitron to establish the ultimate form of a multi-modal large model for general vision

Recently, a team led by Professor Yan Shuicheng, the Kunlun World Wide 2050 Global Research Institute, the National University of Singapore, and Nanyang Technological University in Singapore jointly released and open-sourced Vitron's universal pixel-level visual multi-modal large language model. This is a major multi-modal general vision model. It supports a series of visual tasks from visual understanding to visual generation, from low level to high level, solves the problem of image/video model fragmentation that has plagued the big language model industry for a long time, and provides a pixel-level general vision that fully unifies tasks such as understanding, generation, segmentation, and editing of still images and dynamic video content

China InvestorsApr 25 15:04