1、 Hangzhou Hikvision Digital Technology Co.,Ltd.2023 Annual Report April 20,2024 Hikvision 2023 Annual Report 1 To Shareholders The business performance of Hikvision kept improving on a quarterly basis in 2023.Despite the uneven performance of the Companys five business groups-PBG,EBG,SMBG,overseas m
2、ain business and the innovative business,greater stability in the operation has been achieved by Hikvision,in a complex and volatile business environment.Regardless of our performance,Hikvision has resolutely increased investment in research and development as we have always believed in long-term ef
3、forts.Over the past eight years,Hikvision has gradually expanded perception technology from visible light to centimeter wave,millimeter wave,far-infrared,medium wave infrared,shortwave infrared,ultraviolet and X-ray,as well as to infrasound wave,acoustic wave,and ultrasonic wave.By combining percept
4、ion with AI technologies,we have gradually built and improved our AIoT technology system,launched and improved the products and solutions,which contributed to the business growth.The survellience business is currently one of the business directions of the Companys AIoT strategy.We have enhanced our
5、competitiveness in the survellience industry by increasing non-visible light detector product lines or integrating multiple detector product lines.Scenario-based digitalization,especially scenario-based digitalization for enterprises,is another direction of our AIoT strategy.Hikvision has launched s
6、ome product lines in this field and is becoming an OT(Operational Technology)manufacturer.Looking digital transformation of various businesses.We seek to become a partner of varied businesses in their digital transformation journey by continuously improving our internal operational mechanisms and op