➀ Hikvision has expanded its focus from visible-light perception to multiple sensory dimensions, integrating AI analytics into diverse products and solutions under its “See Smarter” technology.

➁ Key functionalities include object detection and classification, motion analysis, perimeter protection, self-learning analytics, AcuSense technology, ANPR, and facial recognition.

➂ The technology automates security processes, enhances surveillance, and reduces costs by minimizing manual intervention.

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.

➁ The layoffs will include an N+2 compensation package.

➂ The company denies widespread layoffs, stating it is an adjustment in business strategy.

➃ Despite the denial, the company's performance has been slowing in recent years.

➄ In 2023, the company's revenue growth was only 7.4%, and net profit growth was around 10%.

➅ Hikvision has grown from a video technology company to an AIoT technology company over 20 years.

➀ Hikvision responds to rumors of mass layoffs, stating that it is a business strategy adjustment rather than a layoff.

➁ The company is restructuring its regional R&D departments, reducing from 32 to 12.

➂ The layoffs do not involve core R&D business, and employees are receiving n+2 compensation.

➃ Hikvision is also adjusting its senior management, aiming for younger leadership.

➄ The company's revenue growth has slowed, and it is facing challenges in the public security industry.

➅ Hikvision is investing in innovative businesses to drive revenue growth.