KALE ENVIRONMENTAL's R&D expenditure is expected to increase by 26% in 2024, accelerating its AI strategic transformation

On April 29, KALE ENVIRONMENTAL (301070.SZ) announced its 2024 annual report and the first quarter report for 2025. The data shows that in 2024, the company achieved operating revenue of 331 million yuan. The company continues to improve its technology research and development system, increase investment in research and innovation, actively carry out various research and innovation work, promote technological process innovation and product transformation upgrades of existing products, with research and development expenses reaching 22.7509 million yuan in 2024, an increase of 26.51% compared to the same period last year.

The annual report shows that in 2024, KALE ENVIRONMENTAL, while continuously consolidating its HVLS fan and lithium battery technology application business, accelerated its strategic transformation and upgrade, using Yuzi Kale as a platform to carry out artificial intelligence-related businesses, mainly focusing on specific fields with high data security requirements such as government enterprises, medical care, education, and finance, providing full-stack solutions for private computing power deployment and customized AI application model development. Currently, the AI intelligent document processing platform designed by Yuzi Kale specifically for government agencies and enterprises has been deployed in multiple government and enterprise units; the self-developed research assistance platform has also been deployed in several top-tier hospitals