Focus Media Information Technology's H1 revenue and net profit double increase with the increase of sinking and overseas market locations | Interpretations.

Focus Media Information Technology announced tonight that its performance for the first half of 2024 increased by 8.17% and 11.74% respectively in revenue and net profit year-on-year. Although the offline advertising market has rebounded in the first half of this year, it has not yet recovered to the level of 2019. The company has begun to seek increments in sinking and overseas markets. Institutions believe that the company's joint efforts with Meituan to target small and medium-sized customers are expected to increase the proportion of low-tier cities' locations and revenue contribution.

cls.cnAug 8 22:04

Shandong Linglong Tyre: plans to invest 460 million yuan to increase production capacity in Serbia, and the semi-steel project capacity climbs quickly | Quick read announcement.

Shandong Linglong Tyre announced that the company plans to carry out overseas (Serbia) investment expansion projects with a total investment of 0.645 billion US dollars. In the first phase of the company's Serbia project, the production capacity of 2.4 million truck tires will be completed in 2024 and 12 million passenger and light truck tires will be completed in 2025.

cls.cnAug 8 19:43

Star evening news | Sikang Technology's IPO on the STAR Market has passed. Hai Tian Rui Sheng, Ge Ling Shen Tong and others have announced their shareholding reduction plans.

1. Innotek and Yoozcar Technology plan to buyback; 2. Maider Medical Industry Equipment Co. Ltd. chairman proposed share repurchase; 3. Jinglight Technology and Iray Technology shareholders plan to reduce shareholding; 4. Yuanjie Technology, Kexing Biopharm, and Asia Vets have received administrative regulatory measures decision.

cls.cnAug 2 20:52

Hardware accelerators such as MR and XR are being implemented, and their respective content ecosystems are expected to flourish.

On the evening of July 25, the Rokid AR Lite kit officially went on sale and sales exceeded 10,000 within 12 hours. The innovation of MR, XR and other hardware greatly enriches the landing scenes of 3D content. Global internet giants such as Apple, Qualcomm, Samsung, and Meta have entered the game, and MR has entered a strong hardware cycle, with content and applications expected to thrive, and demand for the conversion of 2D materials to 3D models expected to explode.

cls.cnJul 30 08:08

Juejin Paris Olympics | Global enterprises actively participate, can the centennial event regain its glory?

For the centenary Olympics itself and the market participants involved in it, this year's Paris event is an important "gamble". Faced with heavy pressure, the host's race design is quite bold, and global companies in various industries have also increased their investment. Obviously, not all bets can be profitable, and investment in the Olympics is no exception.

cls.cnJul 23 21:32

Baidu has launched an AI-based social app with simulated human interaction. Institutions suggest paying attention to the progress of multimodal technology.

According to media reports, Baidu recently launched an AI social app named 'Wen Xiaoyan'. Based on the Wenshen large model technology, it is an artificial intelligence application service that enables real-time communication, interaction, and emotional connections with AI virtual characters. Pacific Securities believes that applications developed based on multimodal models have more diverse interaction methods and are expected to further improve application volume.

cls.cnJul 17 07:53