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In November 2024,the corporate has authorized a proposed amendment to the First Amended and Restated 2015 Strategy to extend the expiration day of the want to the twentieth anniversary of its helpful day.
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The year-in excess of-calendar year boost was generally attributable for the greater demand for general performance-centered commercials by means of third get-togethers' internet Attributes,which was driven by our ongoing investments in reducing-edge AI technological know-how.
Holders of file of the organization's Course A ordinary shares and Course B normal shares at the shut of enterprise to the File Day are entitled to show up at the AGM and any adjournment or postponement thereof in particular person. Valuable house owners of the corporate's ADSs also are welcome to show up at the AGM in person.
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"Our profitability appreciably improved in the 3rd quarter,marked by document-substantial cash flow from functions and first-at any time 3rd-quarter revenue from functions. In our services and products,we leveraged our sturdy LLM (Massive Language Product) capabilities to upgrade our Youdao Lingshi Clever Discovering System,more boosting the individualized options and elevating the user experience.
The corporate might also make prepared or oral forward-hunting statements in its reviews submitted with,or furnished to,the U.S. Securities and Trade Fee,in its once-a-year reviews to shareholders,in push releases and various created supplies As well as in oral statements produced by its officers,directors or staff members to 3rd events. Additional details regarding these types of pitfalls,uncertainties or things is included in the organization's filings with the SEC. The announced results of your third quarter of 2024 are preliminary and topic to adjustments. All information delivered On this press release is as with the date of this press launch,and the Company will not undertake any responsibility to update these types of details,besides as required underneath relevant law.
This announcement contains translations of selected RMB quantities into U.S. dollars ("US$") at specified charges exclusively for your comfort in the reader. Until if not said,all translations from RMB to US$ ended up built at the rate of RMB7.
Within our online marketing companies,we goal to take a look at new domestic options and develop Worldwide potential clients to raised aid shopper achievement. Economically we remain committed to prudent functions and strengthening our profitability," Dr. Zhou concluded.
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