Business transformation or bubble? Cogobuy's operating income

According to the public announcement, Cogobuy, as an enterprise service platform, focuses on the sales of integrated circuits and related products, as well as services in the artificial intelligence and Internet of Things (collectively referred to as "AIoT") industries. It is reported that the company will strategically position itself as a “hard egg AIoT enterprise platform + + IC component trading platform” in 2018 to build a complete intelligent hardware supply chain. This type of dual-engine development model constitutes an AIoT ecosystem in which the Group provides services such as AIoT solutions and electronic component sales for smart cars, smart homes, smart medical, robotics, and AIoT custom chips.