Venustech's 2024 Performance Outlook Exchange: 'Seven Core Commitments' to Navigate Industry Transformation
2025-01-22 / Read about 0 minute
Author:小编   

During the performance outlook exchange meeting, Venustech addressed investors' queries, encompassing fluctuations in 2024 performance, industry trends, new product strategies, and future visions. Amidst various challenges in 2024, such as volatility in cybersecurity market demand, the inaugural year of business integration under China Mobile's umbrella, and shifting market needs, Venustech experienced a dip in net profit primarily attributed to reduced revenues, lower investment returns, and heightened R&D expenditures. In response to these industry shifts, Venustech vows to intensify R&D efforts across seven pivotal areas: foundational security, cutting-edge technologies, and data security. As a subsidiary of China Mobile, Venustech's market value management is now part of the performance evaluation framework of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). The company remains upbeat about its future and is proactively adapting to evolving market dynamics.