Alto Electronics: Net profit in the first three quarters increased by 60.41% year-on-year, digital content orders continued to grow

  China Securities News (Wang Luo) On the evening of October 28, Alto Electronics released the third quarter report for 2022. The report shows that in the first three quarters, the company achieved operating income of 654 million yuan, a year-on-year increase of 12.19%; in the first three quarters, the net profit attributable to the parent was 23.7885 million yuan, a year-on-year increase of 60.41%; A year-on-year increase of 2071.91%;

  The announcement shows that in the first three quarters, the company’s digital content business orders continued to grow, mainly due to the steady growth of the two businesses in the virtual digital and XR virtual live broadcast rooms of its holding subsidiary, Creative Digital. In the first three quarters, the value of newly signed contracts by Creation Digital Dimension was nearly 22 million yuan, a year-on-year increase of 7057.38%. The newly signed contract value of the virtual digital human business exceeds 6.5 million yuan, and the virtual digital human projects of many large state-owned banks have been successfully delivered, including various virtual digital human roles such as smart bank digital customer service, digital manager, etc.; XR virtual live room business newly signed The contract value exceeds 11 million yuan.

  The announcement stated that in order to further enhance the company’s digital creativity and content production capabilities, and rapidly promote the integration and development of virtual digital human and XR virtual live broadcast room business, the company’s wholly-owned subsidiary Qianhai Alto and some of the company’s directors and senior management personnel are very interested in the creation of digital human. Dimension has made a capital increase. After the capital increase is completed, the registered capital of Creation Digital has increased from 2 million yuan to 20 million yuan.