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<IPO>KNOWLEDGE ATLAS: Significant Investment in Tech R&D Required; Profitability Timeline Not Yet Focus
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KNOWLEDGE ATLAS (02513.HK) was listed today (8th), and its CEO Zhang Peng was interviewed by the media beforehand. When asked about the Company's breakeven timeline, Zhang believed that it is not the right time to overly focus on profitability, as technology is constantly changing and industry development is still in its early stages, requiring significant investment in technology research and development. As for commercialization, it also depends on factors such as social acceptance and industry penetration. The Company will continue to advance technological innovation with commercialization as a clear goal. Regarding industry competition, Zhang noted that the industry has become more 'convergent' over the past few years, with less homogeneous competition. He believed that the AI ecosystem has a very large space, with different companies finding their own positions, gradually forming layers and making the industry more stable. Meanwhile, the Company has a 'competitive and cooperative' relationship with other peers, such as shareholders BABA-W (09988.HK) and TENCENT (00700.HK), which are large model developers. AASTOCKS Financial News Website: www.aastocks.com |
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