Dahua Technology released its 2018 annual report, which demonstrates stable growth in the past year as well as prospects for the future.

During the reporting period, Dahua Technology has achieved RMB 23.666 billion in operating income, representing an increase of 25.58% on a year-on-year basis; net profit attributable to the shareholders of listed companies was RMB 2.529 billion, indicating a year-on-year growth of 6.34%.

Key Accounting Data and Financial Indicators:

Dahua Technology?s continuous growth results from the following core competencies:

Continuous high R&D investment in core technologies to build strong capacities in technological innovation

Innovation is an important source of power and core competitive advantage for the development of Dahua Technology. In 2018, the company’s R&D investment accounts for 9.65% of the annual sales revenue, which are focused on artificial intelligence, cloud computing, big data, chips and other future-oriented core technologies to enhance R&D capabilities and accelerate the technology commercialization.

In the past year, Dahua AI algorithms