科大讯飞:2024年年度报告(英文简版)

Section I Important Notice, Contents and Definitions
The Board of Directors, the Supervisory Board, and all senior management members
of iFLYTEK Co., Ltd. (the "Company" or “iFLYTEK”) collectively guarantee the
truthfulness, accuracy, and completeness of the information in this Annual Report,
affirming the absence of any false records, misleading statements, or significant omissions,
and accept full joint and severable legal accountability for its contents.
Liu Qingfeng, the Company's Chairman; Wang Ming, the person responsible for
accounting; and Zhao Linyue, the head of the accounting department (accounting
supervisor), hereby declare that the financial statements in this Annual Report are
authentic, accurate, and complete. All directors were present at the Board of Directors
meeting that reviewed this Report.
The statements in this Report regarding future development plans and operational
objectives are forward-looking statements and do not constitute a commitment to investors.
Investors and related parties should be aware of the risks and understand the difference
between plans, forecasts, and commitments.
In "Section III: Management Discussions and Analysis," under "XI.2. Risks and
Countermeasures," the Company analyzes potential risks it faces along with corresponding
countermeasures, and invites investors to pay attention to these details.
The Company's profit distribution plan approved by the current Board of Directors is
as follows: Based on the total number of shares (excluding repurchased shares in dedicated
accounts) on the record date when the distribution was implemented, a cash dividend of 1
RMB yuan per 10 shares (tax-inclusive) will be distributed to all shareholders. No red
shares (tax-inclusive) will be issued, and no shares will be converted from capital reserves.

Table of Contents

Section I Important Notice, Contents and Definitions......2
Section II Company Profile and Financial Highlights......7
Section III Management Discussions and Analysis......11
Section IV Corporate Governance......78
Section V Environmental and Social Responsibility......111
Section VI Significant Matters ...... 120
Section VII Changes in Shares and Shareholder Information ......134
List of Documentation
1. Financial statements signed and sealed by the Company's legal representative, the person
responsible for accounting, and the head of the accounting department.
2. Original audit report bearing the seal of the accounting firm and the signature and seal of
the certified public accountant.
3. Originals of all the Company's documents and announcements publicly disclosed in
newspapers designated by the China Securities Regulatory Commission (CSRC) During this
reporting period.
4. The original Annual Report 2024 signed by the Board Chairman.

Definitions
Terms refers to Meaning
Artificial Intelligence (AI) is an emerging field of technical science that involves
the research and development of theories, methods, technologies, and application
systems aimed at simulating, extending, and enhancing human intelligence. AI
refers to artificial programs or systems capable of perceiving, recognizing,
Artificial deciding, and acting like humans. Perceptual intelligence enables machines to
intelligence refers to "hear and speak, see and recognize," primarily involving technologies such as
(AI) speech synthesis, speech recognition, image recognition, and multilingual voice
processing. Cognitive intelligence allows machines to "understand and think,"
encompassing services such as educational evaluations, medical diagnostic aids,
judicial assistance in courtrooms, intelligent customer support, and machine
translation.
Also known as iFLYTEK SPARK, this is a new-generation cognitive large
language model developed and released by iFLYTEK. It possesses cross-domain
knowledge and language understanding capabilities, capable of understanding
and executing tasks based on natural conversational interactions. It continuously
iFLYTEK evolves from massive data and extensive knowledge to achieve a full-process
SPARK refers to closed loop from proposing and planning to solving problems. iFLYTEK
(SparkDesk) SPARK boasts seven core capabilities: text generation, language understanding,
knowledge-based Q&A, logical reasoning, mathematical ability, coding ability,
an