<p>➀ Hikvision responds to rumors of mass layoffs, stating that it is a business strategy adjustment rather than a layoff.</p><p>➁ The company is restructuring its regional R&D departments, reducing from 32 to 12.</p><p>➂ The layoffs do not involve core R&D business, and employees are receiving n+2 compensation.</p><p>➃ Hikvision is also adjusting its senior management, aiming for younger leadership.</p><p>➄ The company's revenue growth has slowed, and it is facing challenges in the public security industry.</p><p>➅ Hikvision is investing in innovative businesses to drive revenue growth.</p>