iFLYTEK Co Ltd
SZSE:002230
iFLYTEK Co Ltd's latest stock split occurred on May 14, 2018
The company executed a 1-for-1 stock split, meaning that for every share held, investors received 1 new share.
Before the split, iFLYTEK Co Ltd traded at 36.9334 per share. Afterward, the share price was about 37.9424.
The adjusted shares began trading on May 14, 2018. This was iFLYTEK Co Ltd's 6th stock split, following the previous one in Apr 16, 2015.
iFLYTEK Co Ltd
Glance View
In the bustling landscape of China's technology sector, iFLYTEK Co Ltd. has emerged as a pioneering force in the realm of artificial intelligence and voice recognition technology. Established in 1999, the company carved a niche by focusing on the natural language processing market, with its voice recognition software achieving significant prominence. The company was initially rooted in the academic corridors of the University of Science and Technology of China, which laid the groundwork for its innovative edge. Today, it stands as a crucial player in the AI field, providing a diverse set of solutions ranging from intelligent speech interaction technology to AI education platforms. iFLYTEK’s core operations revolve around leveraging its robust AI capabilities to transform how humans and machines communicate, making everyday interactions more intuitive and efficient. iFLYTEK generates revenue by developing and licensing its AI-powered technologies, which are utilized widely across various sectors, including education, healthcare, and automotive industries. The company’s speech recognition engines are embedded in numerous smart devices, consumer applications, and enterprise-level solutions, allowing it to tap into different streams for revenue generation. Its products like AI-powered educational tools help teachers and students by providing personalized learning experiences, marking a substantial share of its revenue. Furthermore, iFLYTEK has established itself as a leader in healthcare AI, offering diagnostic tools that aid medical professionals, thereby expanding its influence and profitability. Through continuous innovation and strategic partnerships, iFLYTEK maneuvers to deepen its market penetration while expanding the applications of its cutting-edge technologies.