AI X Tech Inc. has reported its financial results for the year ended December 31, 2024. The Group's total revenue was approximately RMB151.9 million, marking a decrease of approximately RMB3.5 million or about 2.3% from the previous year's revenue of RMB155.4 million. This decline in revenue is attributed primarily to increased competition in the automotive market and adjustments in advertisers' advertising strategies, impacting the Group's online advertising business revenue. The company has witnessed a decrease in its gross profit margin, primarily due to the active implementation of a structural profit quality upgrading strategy. This strategy is designed to focus on the long-term value track and achieve a deep binding with strategic customers. Additionally, pre-investment in the technology AI platform contributed to the reduction in gross profit margin. Other income and gains for the Group increased by approximately RMB0.2 million or 1.1%, from RMB19.1 million in the previous year to RMB19.3 million in 2024. This increase is mainly comprised of foreign exchange gains, netting approximately RMB3.7 million due to the appreciation of the US dollar impacting the Group's foreign currency deposits.