In the first half of 2020, KU Xunfei's revenue of 4.349 billion, compared with last year's growth trend. Net profit attributable to shareholders of listed companies and net profit after extraordinary gains and losses also caught up in the second quarter, respectively, from the first quarter of -131 million yuan and -134 million yuan to 389 million yuan and 141 million yuan in the second quarter. The first half of the net profit of KDDI increased by 36.28% compared with the same period last year.
Previously, in the first quarter of KU Xunfei earnings results exchange, KU Xunfei has said that this new crown epidemic to a greater extent slowed down the company's implementation of the project in the first quarter, delivery, acceptance and other related work progress, but also to the KU Xunfei's revenue recognition and payment back to bring challenges.
And with the online bidding in early March began the gradual implementation of the company's artificial intelligence core technology-driven business accelerated landing, the first half of the new contract amount of winning the same period last year, an increase of 119%. KU Xunfei senior vice president, director of the Secretary Jiang Tao 21, said the impact of the epidemic is basically under control, the company's business activities gradually return to normal.
Reduce the source of technological innovation to strengthen the core track technology barriers
The financial report shows that in the first half of 2020, the company's KU Xunfei R & D investment of 962 million yuan, accounting for the overall revenue accounted for 22.12%. Previously KU Xunfei has been 11 consecutive years of R & D investment accounted for 20% of revenue.
During the reporting period, KU Xunfei's AI core technology has continued to make technological breakthroughs, and has continued to maintain international leadership in AI core technology areas such as intelligent speech, computer vision, cognitive intelligence, etc. It has won three consecutive championships in the International Multi-Channel Speech Separation and Recognition Competition, the ICFHR 2020 OffRaSHME Mathematical Formula Recognition Challenge Champion, and has renewed the German The 20BN- Jester Dataset gesture recognition world record, and refreshed multi-step reasoning reading comprehension evaluation HotpotQA evaluation index.
The breakthroughs in several core technologies have laid the foundation for deeper semantic understanding, and maintained high technical barriers and leading advantages for the company's actual businesses such as personalized learning in the education field and intelligent assisted diagnosis and treatment in the medical field.
In this release of the half-yearly report, KDDI intelligent education and intelligent medical revenue growth of 35% and 665% respectively, just business is not affected by the epidemic to achieve scale landing. And excluding Bengbu and Qingdao, two regional teaching solution projects based on the material, 1-6 months of education business contract wins increased by 175% year-on-year, the scale of landing is underway.
As a technology-driven company, KU Xunfei has always insisted on the source of technological innovation, the core technology all have independent intellectual property rights, which also makes it fearless to be included in the list of entities by the United States.
In addition, in January 2020, KU Xunfei led the development of the world's first intelligent voice interaction ISO/IEC international standard - full-duplex voice interaction international standard was approved for the project.
The standard will be developed by Xunfei experts as the project leader with experts from various countries around the world***, which is also the first ISO/IEC AI international standard project led by China. Previously, ISO/IEC TR 24372, "Artificial Intelligence - Overview of Computational Methods for Artificial Intelligence Systems," the first ISO/IEC AI international standard technical report led by KDDI experts as project leaders, is also under development.
New infrastructure to accelerate the construction of industrial information technology KU Xunfei or to meet more opportunities
As the single largest shareholder of KU Xunfei, KU Xunfei and China Mobile have carried out in-depth cooperation in a number of areas, and joined hands to set up the 5G + AI Joint Laboratory, in order to further enhance KU Xunfei's comprehensive competitive advantage in the new infrastructure projects.
In June of this year, the National Development and Reform Commission formally approved KU Xunfei and China Mobile to jointly undertake the new infrastructure demonstration project of 5G + intelligent education of the Development and Reform Commission. the combination of 5G and AI pays more attention to the teaching experience, and further helps teachers and students to reduce the burden of focusing on teaching according to the material. After the standardization of products, not only can we achieve rapid delivery, but also improve the gross profit of the project.
Over the past six months, online education, Internet health care, online office, digital governance of several areas, ushered in the explosive growth of the market. July 15, the National Development and Reform Commission and other 13 departments announced the "support for the healthy development of new forms of new models to activate the consumer market driven by the expansion of employment opinions", clearly put forward to support four categories of 15 new forms of new models, one of which is to actively explore online. The new mode of service to activate the new consumer market.
As one of the four major platforms of the national new generation of artificial intelligence, KU Xunfei has the earliest open platform for intelligent voice artificial intelligence and the State Key Laboratory of Cognitive Intelligence, which is expected to promote more digital twin city, intelligent government, intelligent transportation and other business landings in the future, and to empower the city operation, government services, industrial upgrading and other fields.
At the performance exchange, Duan Dawei, senior vice president and CFO of KDDI, said that the national strategy and infrastructure investment will bring a long cycle of development opportunities, and the future of the new infrastructure investment body will be more diversified.
Under the epidemic, the whole population is forced to enter the era of digital survival. The new infrastructure needs to focus on the needs of people's livelihoods, relying on 5G, big data, artificial intelligence and other technological foundations, the development of education, health care, social security and other people's livelihoods in the field of consumer upgrading of infrastructure, to make up for the people's livelihoods, so that high-quality health care, education resources can extend the radius of the service, improve coverage, but also to the KDDI's business to bring a new point of growth.