Gelonghui March 28 | Shenzhou Holdings (00861.HK) announced its annual results. The Group continues to focus on big data and artificial intelligence strategies, and its main business has achieved fruitful results. Compared with the previous year, big data business revenue achieved strong growth of 30.07%. In the dynamic field of artificial intelligence (AI), the Group has maintained a long-term close cooperative relationship with Nvidia, and as an elite partner of its DGXAI computing system, successfully deployed AI intelligence centers and won several large-scale project tenders worth 100 million yuan. Since the impairment provision for the year mainly came from non-main business and historical investment assets, there was no adverse impact on the Group's cash flow. In fact, the net cash from the Group's operating activities increased sharply by 41.97%, enhancing the Group's cash reserve surplus. In view of the strong performance of the operating business, the Board will recommend an increase in the final dividend.
In 2023, the Group's revenue was RMB18.277 billion, up 2.97% year on year. Of this, revenue from the Big Data Products and Solutions segment was RMB3.172 billion, up 30.07% year on year. Net profit attributable to the parent company from adjusted main business was RMB301 million, up 37.95% year on year. The board of directors recommended a final dividend of HK6.0 cents per common share for the year ended December 31, 2023, which is subject to shareholders' approval at the current Annual General Meeting of Shareholders. upon