Audiway increases R&D investment to enhance product competitiveness

In order to achieve continuous upgrading of products and technologies, Audiway continues to increase its R&D investment. From 2020 to 2023, the company's R&D investment was RMB 23.339 million, RMB 31.4426 million, RMB 32.2002 million and RMB 43.8978 million respectively, and the R&D expense rate increased year by year.