<p>➀ Hikvision is undergoing a large-scale organizational adjustment, reducing 32 research areas to 12, with over 1,000 employees expected to be laid off.</p><p>➁ The layoffs will include an N+2 compensation package.</p><p>➂ The company denies widespread layoffs, stating it is an adjustment in business strategy.</p><p>➃ Despite the denial, the company's performance has been slowing in recent years.</p><p>➄ In 2023, the company's revenue growth was only 7.4%, and net profit growth was around 10%.</p><p>➅ Hikvision has grown from a video technology company to an AIoT technology company over 20 years.</p>