Summary

Revenue : 000,000 M USD
Finance : 000,000 M USD
Earning Cap : 000,000 M USD
Invest : 000,000 M USD
R & D : 0000 People
Growth : 00% AGR

DIGDAL CAP

Overview

General Introduction IFlytek Technology Co., Ltd. was established in 1999 and is a well-known intelligent voice and artificial intelligence listed enterprise in the Asia Pacific region. Since its establishment, it has been engaged in research on core technologies such as intelligent speech, natural language understanding, and computer vision, and has maintained the international cutting-edge technology level; Actively promoting the implementation of artificial intelligence products and industry applications, committed to making machines "able to listen, speak, understand, and think", and using artificial intelligence to build a better world. In 2008, the company was listed on the Shenzhen Stock Exchange (stock code: 002230). As a technological innovation oriented enterprise, iFLYTEK adheres to core technological innovation at the source and has achieved excellent results in various international evaluations such as speech recognition, speech synthesis, machine translation, image recognition, image understanding, reading comprehension, and machine reasoning. Twice awarded the "National Science and Technology Progress Award" and the "Information Industry Major Technology Invention Award" for China's independent innovation in the information industry. Appointed as the leader of the Chinese Speech Interaction Technology Standards Working Group, led the development of Chinese speech technology standards. At the same time, iFLYTEK also won the following honors: the first batch of national new generation AI open innovation platform, the first State Key Laboratory of cognitive intelligence, the first national engineering laboratory of voice and language information processing, the national 863 plan achievement industrialization base, the national intelligent voice high-tech industrialization base, the key software enterprises in the national planning layout, the national high-tech industrialization demonstration project, etc. IFlytek adheres to the development strategy of "platform+track". Based on the core technology with independent intellectual property rights, in 2010, iFLYTEK released the iFLYTEK Open Platform, an artificial intelligence open platform with intelligent voice and human-computer interaction as its core, to provide developers with a one-stop artificial intelligence solution. As of May 31, 2022, the iFlytek Open Platform has opened 493 AI products and capabilities, gathering over 3.373 million developer teams, with a total application count of over 1.501 million and a cumulative coverage of over 3.51 billion terminal devices. The total number of AI students in the AI University has reached 699000, with links to over 4.2 million ecological partners. The artificial intelligence industry ecosystem centered around iFlytek at the University of Science and Technology continues to be built. On the basis of the platform, iFlytek has continued to expand its industry track and has launched intelligent products and services covering multiple industries, promoting deep applications in consumer, smart education, smart cities, smart justice, smart services, smart cars, smart healthcare, operators and other fields. The results of TOB+TOC dual wheel drive have been demonstrated. In 2016, iFlytek released iFlytek Translators, creating a new category of intelligent consumption and gaining widespread recognition in the consumer market. In 2018, iFlytek Machine Translation System participated in the CATTI National Translation Professional Qualification (Level) scientific research test, reaching the level of a professional translator for the first time. In 2019, iFlytek's new generation voice translation key technology and system won the highest honor SAIL (Super AILeader, also known as the "Outstanding Artificial Intelligence Leader Award") application award at the World Artificial Intelligence Conference; In September of the same year, it became the exclusive supplier of official automatic voice conversion and translation for the 2022 Winter Olympics and Paralympics in Beijing, committed to creating the first Olympic Games with accessible information communication. In October, under the guidance of the Ministry of Education and the National Language Commission, we undertook the construction of the National Language Commission's global Chinese learning platform. In 2020, based on the forward-looking breakthrough in the field of cognitive intelligence, and the remarkable application results achieved by the large-scale implementation of technology, the team of the State Key Laboratory of iFLYTEK Cognitive Intelligence won the highest medal for Chinese youth - the "May 4th Medal for Chinese Youth". In 2021, iFlytek's "Speech Recognition Method and System" invention patent won the 22nd China Patent Gold Award, which is also the highest award in the domestic intellectual property field. In the year 2021, iFlytek's core technology in artificial intelligence continued to break through, with its "base business" deeply rooted, and its strategic layout driven by source technology continued to show results. The annual operating revenue exceeded 18.3 billion yuan, with a net profit of 979 million yuan deducted from non attributable parent companies. The business scale and efficiency have increased simultaneously, and the pattern of "leading one step to leading all the way" on key tracks continues to strengthen. The company has achieved a good start in its operations during the 14th Five Year Plan period. The outstanding achievements of iFlytek in the core research and industrialization of intelligent speech and artificial intelligence have been widely recognized by various sectors of society and both domestically and internationally. As a member of the "China Artificial Intelligence National Team", a consensus has been formed. Innovation perseveres, and the original intention remains unchanged. iFlytek is willing to join hands with its partners to build a better world with artificial intelligence!.
Headquarter Hefei
Establish Date 12/30/1999
Listed Code 002230.SZ
Listed Date 5/12/2008
Chairman Liu Qingfeng.
CEO Wu Xiaoru.
Website www.iflytek.com

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