Wondertek Software responds to inquiry on 2024 financial report

Shanghai Wondertek Software has responded to the Shanghai Stock Exchange's inquiry regarding its 2024 financial report, explaining significant revenue and gross profit margin changes across its various business segments. The company's revenue increased to CNY 334.43 million, up 13.18% year-over-year, with an overall gross profit margin of 26.28%, an increase of 8.41 percentage points. This was attributed to an increase in AI-driven video and big data solutions, which saw a revenue surge of 161.78%. Revenue for high-definition video solutions rose 8.16 percentage points compared to last year.