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IV. Capital Operation and Future DevelopmentThe investment and research industry is facing the severe challenge of information overload, and the traditional financial terminal has been difficult to meet the current demand. The introduction of "Miao Xiang Investment Research Assistant" is precisely to solve this problem. It covers the most comprehensive financial data, and with the deep accumulation and technical advantages of Oriental Fortune in the financial technology industry, it ensures the integrity, depth and immediacy of the data. In addition, the "Miao Xiang Investment Research Assistant" can also cover the complete investment research workflow from the establishment of research objectives to the writing of research reports, realize the functions of one-stop information summary and minutes assistant, and greatly improve the work efficiency of investment research personnel.China Great Wall continued to increase investment in R&D. In 2022, the R&D expenditure reached 1.322 billion yuan, up 6.01% year-on-year, and its technology R&D capability continued to increase. The company benchmarks the first-class enterprises in the industry, deeply finds the shortcomings of analysis ability, clarifies the direction of ability improvement, strengthens the capacity building of independent hardware, software, testing and data technology in the field of computing industry, and further consolidates the technical foundation. In the field of system equipment, mastering a number of key technologies can help improve the quality and efficiency of array production, break through technical difficulties, and the capacity index is better than the industry level. In addition, China Great Wall has successfully built a research and development team composed of top talents in the industry, continuously strengthened key core technology research and improved the research and development capability of high-end computing products.

Great Model of Fantasy | China Great Wall: Leader and Innovator in the field of Innovation.The outstanding performance of China Great Wall in the field of innovation is not only reflected in its technological innovation and market expansion ability, but also in its profound understanding and positive response to the national innovation strategy. As the leader of the information industry, China Great Wall will continue to play a role as a benchmark, strive to become a strategic scientific and technological force in the field of national network information, and contribute strong kinetic energy to building a network power and a digital China.The outstanding performance of China Great Wall in the field of innovation is not only reflected in its technological innovation and market expansion ability, but also in its profound understanding and positive response to the national innovation strategy. As the leader of the information industry, China Great Wall will continue to play a role as a benchmark, strive to become a strategic scientific and technological force in the field of national network information, and contribute strong kinetic energy to building a network power and a digital China.

China Great Wall continued to increase investment in R&D. In 2022, the R&D expenditure reached 1.322 billion yuan, up 6.01% year-on-year, and its technology R&D capability continued to increase. The company benchmarks the first-class enterprises in the industry, deeply finds the shortcomings of analysis ability, clarifies the direction of ability improvement, strengthens the capacity building of independent hardware, software, testing and data technology in the field of computing industry, and further consolidates the technical foundation. In the field of system equipment, mastering a number of key technologies can help improve the quality and efficiency of array production, break through technical difficulties, and the capacity index is better than the industry level. In addition, China Great Wall has successfully built a research and development team composed of top talents in the industry, continuously strengthened key core technology research and improved the research and development capability of high-end computing products.In the future, China Great Wall will rely on its strong R&D strength, market expansion ability and brand influence to continuously promote the in-depth development of the innovation industry, provide solid support for the digital transformation of all walks of life, and help China's innovation industry to a higher level.First, strategic positioning and core competitiveness