Orbbec increases R&D investment, but the number of R&D personnel decreases sharply

Although Orbbec's R&D investment in 2023 was RMB 300 million, a year-on-year decrease of 20.96%, the proportion of R&D investment to operating income was 83.56%, a year-on-year decrease of 25.17%. However, it is worth noting that during the reporting period, the number of R&D personnel of Orbbec dropped sharply from 592 in 2022 to 364, a decrease of 38.5%.