Company: MASK
Filing Date: 2025-01-10
Form Type: 424B4
Source: 0001213900-25-002376
Chunk: 158

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-01-10
Form: 424B4
Chunk 158
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 embedded system software were RMB2,903billion, RMB8,122.6billion, RMB223.2billion and RMB1,077billion, respectively. According to MIIT data, the revenue of software products grew steadily in 2023 to RMB2,903 billion, accounting for 23.6% of the total revenue of the industry. It was 11.1% higher on a year -on -yearbasis, and was 1.2% higher than the same period in 2022. Included in that was the income from industrial software products of RMB282.4 billion, a year -on -yearincrease of 12.3%. Revenue from information technology services achieved the highest growth rate among the surveyed sectors. The revenue from information technology services was RMB8,122.6 billion, a year -on -yearincrease of 14.7%, and 1.3% higher than the industry average. It accounted for 65.9% of the industry’s revenue. Included in that was cloud computing and big data services which achieved a total revenue of RMB1,247 billion, a year -on -yearincrease of 15.4%, and accounted for 15.4% of information technology service revenue, a 0.5% higher than the ratio of 2022. Integrated circuit design revenue was RMB306.9 billion, a year -on -yearincrease of 6.4%. E -commerceplatform technology service revenue was RMB1,178.9 billion, a year -on -yearincrease of 9.6%. Growth in sales from information security products and services was steady. In 2023 the revenue from information security products and services was RMB223.2 billion, a year -on -yearincrease of 12.4%, 2% lower than that of previous year. Embedded system software revenue achieved double digit growth rate. In 2023 revenue from embedded system software was RMB1,077 billion, a year -on -yearincrease of 10.6%, 0.7% lower than that of prior year. Figure 4 Distribution by sectors of Software Industry revenue in 2023 3. Analysis by Regions Revenue from Software Industry in the Eastern and Northeastern regions of the PRC continued to growth at a fast pace, while the growth trend in the Central and Western regions remained strong. In 2023 the revenues from the Software Industry in the Eastern,