Gelonghui, April 29丨Ziguang Co., Ltd. (000938.SZ) released its report for the first quarter of 2024. Operating revenue during the reporting period was 17.06 billion yuan, up 2.89% year on year; net profit attributable to shareholders of listed companies was 414 million yuan, a decrease of 5.76% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 343 million yuan, up 1.75% year on year, with basic earnings per share of 0.145 yuan.
In the first quarter of 2024, under the leadership of the “Intelligent Computing Strategy”, the company continued to improve computing power and connect the “double cornerstone” full-stack capabilities, further expanded the company's “1+N” industry smart applications of Baiye Lingxi private domain model+selected general and industry segmentation models, and continuously upgraded the “digital brain” to support the application needs of the AIGC industry with full-stack capabilities. The company's various businesses progressed steadily in the first quarter, achieving revenue of 17.06 billion yuan, an increase of 2.89% over the previous year, showing a good trend. The company's holding subsidiary, Xinhua Group Co., Ltd., achieved operating income of 12.132 billion yuan, an increase of 14% over the previous year; realized net profit of 754 million yuan, an increase of 8.27% over the previous year.