Gelonghui, March 26 | Youbao Online (02429.HK) announced that in 2023, the Group recorded total revenue of RMB 2.67 billion, an increase of 6.1% over the previous year; the annual loss attributable to the company's equity holders was RMB 327 million. The loss attributable to the company's owners was RMB 0.43 per share.
As of December 31, 2023, the number of Youbao points was 59,721, down 9.8% year on year. The number of point partners (excluding restaurant model partners) was 1,932, up 3.0% year on year, the number of restaurant model partners was 704, down 56.5% year on year, and the number of non-Youbao points was 17,909, up 3.7% year on year.
With the recent boom in artificial intelligence and big data technology and its prominent application in real life, the company plans to focus R&D on further improving the company's data analysis capabilities, optimizing algorithms, and expanding data applications in the company's operations. The company will strive to develop and introduce artificial intelligence recognition technology and back-end algorithms related to unmanned vending machine retail to further enhance the customer experience and expand the scope of business. On the other hand, the company will also continue to develop hardware and further improve the structural and functional design of vending machines to improve their durability, versatility, usability, energy efficiency and cater to a wider range of consumption scenarios.