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CloudWalk Technology Ranks Among Top 20 in STAR Market Global Sci-Tech Competitiveness

2023-07-26
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Recently, on the fourth anniversary of the STAR Market's launch, the "STAR Market Global Sci-Tech Competitiveness Top 20" was released as the main list of the "STAR Market Global Sci-Tech Competitiveness Ranking" series. CloudWalk Technology was selected for the list.

This evaluation can be described as full of "innovation content." Based on sci-tech competitiveness scores, supplemented by overall company advantage assessment, the top 20 list emerged from 499 STAR Market companies listed before 2023. The evaluation model consists of "3 major dimensions + 12 major indicators":

3 major dimensions: covering R&D expense ratio, R&D personnel ratio, and total R&D expenditure;

12 major indicators: number of intellectual property grants, number of high-value invention patents, average patent score, PCT international patent application year zero, effective patents per million yuan revenue in the "output dimension"; number of triadic patents, number of cornerstone patents, number of major awards, and cumulative number of standards formulated and revised.

This indicates that the evaluation no longer relies solely on traditional "balance sheets," "income statements," and "cash flow statements" to assess companies. It aims to uncover the "hard power" of innovation among STAR Market companies through innovative evaluation, guiding the capital market to also focus on the "sci-tech competitiveness statement" of sci-tech enterprises.

Since listing on the STAR Market in May 2022, CloudWalk Technology's R&D investment has continued to hit new highs. In 2022, R&D investment accounted for 106.45% of operating revenue, a year-on-year increase of 56.78%.

At the same time, CloudWalk Technology has a top-tier R&D team in the AI field, with 552 R&D personnel, accounting for 56.04% of the total employees. In terms of intellectual property, CloudWalk Technology has applied for and owns 725 patents and 540 computer software copyrights.

For top-level support, CloudWalk Technology has participated in the formulation of 49 national and industry standards for AI, and has undertaken national major project construction tasks such as the National Development and Reform Commission's "AI Basic Resources Public Service Platform" and "High-Accuracy Face Recognition System Industrialization and Application Project," as well as the Ministry of Science and Technology's "National New Generation AI Open Innovation Platform for Audio-Visual Interaction."

In May this year, CloudWalk Technology officially launched the CongRong Multimodal Series Large Model. Subsequently, it started operations at the Western AI Computing Center in Chongqing, marking the production line for the CongRong Large Model. It also jointly released the CongRong Large Model Training and Inference Integrated Solution with Huawei.

In the future, CloudWalk Technology will continue to increase R&D investment, promote the deep integration of AI and the real economy, and contribute more Chinese wisdom to global technological innovation.

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