Summary by Moomoo AI
Cloudtop Innovations announced its 2024 annual results, with revenue increasing significantly by 461% to RMB 0.7067 billion, and the gross margin reaching 74.6%. The company's net loss was RMB 1.0414 billion, and as of December 31, 2024, cash reserves remained at RMB 1.6033 billion.The company’s Board of Directors currently consists of 8 directors, including 1 female director, accounting for 12.5%. The proportion of women in senior management is 40%, and the overall percentage of women among employees is 56.5%. In 2024, the company completed a change of auditor from PwC to Ernst & Young, with audit fees of RMB 2.5 million.Looking ahead, Cloudtop Innovations will strive to enhance gender diversity on the Board of Directors, continue to cultivate female talent, and strengthen the construction of risk management systems. The company will focus on sustainable growth and improving corporate governance to achieve long-term stable development.
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