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tagChina Great Wall continued to increase investment in R&D. In 2022, the R&D expenditure reached 1.322 billion yuan, up 6.01% year-on-year, and its technology R&D capability continued to increase. The company benchmarks the first-class enterprises in the industry, deeply finds the shortcomings of analysis ability, clarifies the direction of ability improvement, strengthens the capacity building of independent hardware, software, testing and data technology in the field of computing industry, and further consolidates the technical foundation. In the field of system equipment, mastering a number of key technologies can help improve the quality and efficiency of array production, break through technical difficulties, and the capacity index is better than the industry level. In addition, China Great Wall has successfully built a research and development team composed of top talents in the industry, continuously strengthened key core technology research and improved the research and development capability of high-end computing products.tag

IV. Capital Operation and Future Development

Guided by serving the national strategic needs, China Great Wall focuses on the high-quality development of independent intelligent computing industry, implements the strategy of "core-end integration, end-network integration, two-wheel drive and organic development", and builds a solid foundation for intelligent computing, which has become an important guarantee force for the national network information industry. The company continues to optimize its business structure, concentrate superior resources to make its main business stronger and better, and form a professional business development pattern with clear main responsibilities and clear main business. At the same time, China Great Wall has built a new operation system, implemented five special actions, strengthened cost reduction and increased efficiency, created new value through supply chain management, continuously improved its technology research and development capability, significantly enhanced its product supply capability, improved its market expansion capability and enhanced its brand influence.A year ago, Oriental Fortune launched the first batch of large financial models in China that were filed through the Internet Office, and based on this, it created a "wonderful idea" for smart applications. During the period of directional opening-up, "wonderful ideas" have helped tens of thousands of financial practitioners solve professional problems and brought a new paradigm of work in the AI ​ ​ era to many financial scenarios.China Great Wall has newly established an international market leading group and a financial market leading group, exploring the organization mode of cross-enterprise market development, strengthening cooperation and coordination with partners, and keeping a close eye on the target to grab the market. The terminal products of the industry have maintained their advantages in STM, business card printing, intelligent teller machines, ITM and other projects, and won the bid for several demonstration projects, becoming the only pilot supplier of China Industrial and Commercial Bank. Great Wall Power Supply, a key component product, has achieved mass production in five key R&D projects, including DIYATX750-1200 full-module gold medal power supply and high-end customized communication power supply. The printing business established a sales system and an industry distribution system, and settled in four major e-commerce platforms in JD.COM, Tmall, Pinduoduo and Tik Tok, achieving breakthroughs in finance, central enterprises and systems and equipment industries. In terms of international business, we will accelerate the establishment of overseas offices in North America, the European Union, Africa, Southeast Asia and other regions.