Xuanwu Cloud (2392.HK)'s SaaS revenue in the first quarter increased 40% year-on-year to accelerate annual strategic goals
Recently, Xuanwu Cloud (2392.HK) published an unaudited operating summary for the first quarter of 2024. According to the data, the company achieved revenue of 289 million yuan in the first quarter, an increase of 25.6% over the previous year, while the SaaS business segment that the company continues to focus on is gaining momentum, achieving revenue of 159 million yuan in the current period, an increase of 40.0% over the previous year. Based on this, the company's SaaS business revenue also accounted for more than 50% of total revenue for the first time, reaching 55.2%. Xuanwuyun said that the increase in operating data in the first quarter was mainly due to the strong performance of the company's marketing cloud business segment and the intelligence of AI and AIoT sales in the cloud sector
玄武雲:二零二三年年報
Xuan Wu Cloud Technology Logs 26% Boost in Q1 Revenue
Xuan Wu Cloud Technology Holdings (HKG:2392) recorded a 25.6% year-over-year rise in revenue for the first quarter of 2024 to 288.8 million yuan from 230 million yuan previously, according to a Tuesda
Xuan Wu Cloud (2392.HK): The Group Achieved Revenue of RMB 288.8 Million in Q1 2024 With SaaS Business Growing 40% Year-on-year
GUANGZHOU, China, April 23, 2024 /PRNewswire/ -- On April 23, Xuan Wu Cloud (2392.HK) disclosed the Company's unaudited operational summary for the first quarter 2024. According to the announcement, X
Xuanwu Cloud (02392.HK)'s revenue in the first quarter increased 25.6% year-on-year, and the marketing cloud business performance was strong
Gelonghui, April 23 | Xuan Wuyun (02392.HK) announced that for the three months ending March 31, 2024, the total revenue of the Group reached RMB 288.8 million, a year-on-year growth rate of 25.6%. This increase was mainly driven by a 13.7% increase in the number of core customers and an 11.4% increase in average revenue for core customers. During the review period, the Group focused on the continuous growth of the SaaS business, and the SaaS business segment accounted for more than 50% of total revenue for the first time, reaching 55.2%. The main reason for this revenue increase was due to the strong business performance of Marketing Cloud in the first quarter. The Group signed separate contracts with the East China region and
Changes in Hong Kong stocks | Xuanwu Yun (02392) surged more than 60% in the afternoon and plans to spend up to HK$100 million to buy back the company's shares
The Zhitong Finance App learned that Xuan Wu Yun (02392) soared more than 60% in the afternoon. As of press release, it had risen 60.78% to HK$0.82, with a turnover of HK$3.433,900. According to the news, Xuanwuyun issued an announcement in the afternoon stating that it will exercise repurchase authorization and 2024 repurchase authorization to repurchase shares on the open market in response to market conditions. The company plans to use capital of up to HK$100 million to repurchase shares under the share repurchase plan. The Board believes that the share repurchase plan is in the overall best interest of the company and its shareholders. The company will use existing reserve cash reserves and free cash flow to fund share repurchases. Genbu Cloud 202
Xuanwu Cloud plans to use up to HK$100 million to repurchase shares
Xuanwuyun (02392) announced that the board of directors intends to exercise power to repurchase the company's shares in accordance with the general authorization granted to the board of directors by the shareholders' resolution passed by the shareholders at the company's annual general meeting of shareholders held on June 26, 2023 and the new repurchase authorization to be approved at the company's annual shareholders' meeting to be held on June 26, 2024 (2024 repurchase authorization). According to the repurchase authorization, the company was authorized to repurchase up to 56.032,100 shares, or 10% of the total number of shares issued on the day the resolution was passed at the Annual General Meeting of Shareholders. The board of directors decided that the company will exercise the purchase in response to market conditions
Xuanwu Yun (02392): Unusual price fluctuations. The management team is confident about the company's future development prospects
Xuanwuyun (02392) issued an announcement. The company took note of the company's recent share price on the Hong Kong Stock Exchange Limited...
Taking advantage of AI and Xinchuang, Xuanwu Cloud's revenue in 2023 increased 22.8% year-on-year to $1,281 billion
Foreword: Any wave of technology is both full of beautiful imagination and uncertainty. How to choose a decisive fulcrum in a segment is the most critical issue in leveraging AI investment opportunities. In 2023, ChatGPT came out of nowhere, making the world reunderstand the value of AI. Entering 2024, we see that everything related to generative AI is still developing at an accelerated pace: first, Sora became the global focus, and then the domestic market also welcomed Kimi, a big domestic long text model, to explode. From now on, it seems that GM's big models have all appeared in front of the world in an astonishing manner, making it difficult to predict. And the vertical one is big
Xuan Wu Cloud Technology Holdings Limited's (HKG:2392) 30% Dip In Price Shows Sentiment Is Matching Revenues
To the annoyance of some shareholders, Xuan Wu Cloud Technology Holdings Limited (HKG:2392) shares are down a considerable 30% in the last month, which continues a horrid run for the company. For a
Xuan Wu Cloud Announces 2023 Annual Results
Revenue Grew Year on Year by 22.8%, Launching the Large Model to Drive Intelligent Growth in the Consumer Goods Industry Revenue increased by 22.8% year-on-year to RMB 1,281.3million (all figures in R
SaaS customers increased by nearly 30% year-on-year, Xuanwu Cloud (02392)'s revenue in 2023 increased 22.8% year-on-year to $1,281 billion
On the evening of March 27, Xuanwu Yun (02392) revealed the company's 2023 results. During the reporting period, the company achieved...
Xuanwu Cloud (2392.HK) achieved revenue of 1,281 billion in 2023 to accelerate the implementation of AIGC+ consumer applications
On the evening of March 27, Xuanwu Cloud (2392.HK), a leading smart CRM service provider in China, announced its 2023 annual results announcement. During the reporting period, the company's overall revenue increased 22.8% year-on-year to 1,281 billion yuan. In terms of business development, Xuanwu Cloud adheres to the concept of technology+business two-wheel drive. While continuing to deeply cultivate the four major industries of big consumption, finance, government enterprises, and TMT, the company also released a large domestic multi-modal model perpendicular to the big consumer industry - Xuan Tao during the reporting period, empowering consumer goods enterprise terminals to achieve digital intelligent growth; in addition, Xuanwu Cloud has also strengthened ecological cooperation at home and abroad and launched
Xuanwuyun (02392) announced 2023 annual results, revenue of 1,281 billion yuan, an increase of 22.8% year-on-year
Xuanwuyun (02392) announced the results for the year ended December 31, 2023. The group achieved revenue of 1 during the period...
XUANWU CLOUD: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Changes in Hong Kong stocks | Xuanwu Cloud (02392) rose more than 20% in the afternoon, and the company will list CRM SaaS tomorrow to become the main growth engine
The Zhitong Finance App learned that Xuanwuyun (02392) rose more than 20% in the afternoon. As of press release, it rose 13.33% to HK$1.7, with a turnover of HK$1,6341 million. On the message side. Xuanwu Cloud will announce the results tomorrow (3/27). CMB International previously stated that for CRM PaaS services related to voice/text notifications, the company will focus on optimizing the customer portfolio to obtain stable profits. At the same time, CRM SaaS will be the main driver of growth. Furthermore, in terms of new customer penetration, looking ahead to fiscal year 2023, the bank expects Xuanwu Cloud Computing to achieve net revenue growth 11.
Changes in Hong Kong stocks | Xuanwu Cloud (02392) will release results this Wednesday with a maximum increase of more than 16% CRM SaaS is expected to become the main driving force for growth
Xuanwu Yun (02392) rose more than 16% in early trading. As of press release, it had risen 11.97% to HK$1.59.
Changes in Hong Kong stocks | Xuanwu Cloud (02392) rose more than 8%, AIGC empowers smart marketing growth for big consumers
Xuanwu Cloud (02392) rose more than 8%. As of press release, it had risen 8.63% to HK$2.14.
Xuan Wuyun (02392.HK) plans to hold a board meeting on March 27 to approve the audited annual results
Gelonghui, March 5, 丨 Xuan Wuyun (02392.HK) issued an announcement. The board of directors will hold a board meeting on March 27, 2024 (Wednesday) to consider and approve the Group's audited annual results for the year ended 31 December 2023 and their publication, and to consider the proposed payment of a final dividend (if any).
Interview with Xuan Wuyun (02392.HK) CEO Chen Yonghui: Big models will drive smart growth for consumer goods companies
2023 is considered to be the first year of the big model. ChatGPT surpassed 100 million monthly users at the beginning of the year and quickly became a high-profile phenomenon. At the same time, it also kicked off commercial competition centered on big models. Throughout the past, every wave of technology was not just a competition for technology itself. The general model represented by Chatgpt has exploded the market. Next, the common proposition faced by AI-related companies around the world is how to achieve the true implementation of technology in human production and life scenarios. At this point, the vertical industry model has naturally become a new outlet for the market. In this context, Glonghui discovered
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