MİLTAB’s 2nd Anniversary of IPO: Driving Growth with AI+ Strategy and Innovation

Over the past two years since entering the A-share capital market, MİLTAB has embraced the industrial wave of AI reshaping the hardware ecosystem. With a forward-looking “AI+ Strategy” and continuous investment in R&D, the company has built a diversified product portfolio spanning rugged smart terminals, consumer electronics, XR/AI wearables, and AIoT products, showcasing its strong momentum as a high-tech enterprise.

According to the 2024 performance forecast, MİLTAB invested over RMB 200 million in R&D throughout the year, while maintaining steady revenue growth.

Innovation-Driven R&D: Building a Strong Technology Moat

As a research- and design-driven Sağlayıcı of smart electronic Ürünler and solutions, MİLTAB upholds its mission of “Making Cutting-Edge Technology More Accessible.” In the first three quarters of 2024, MİLTAB invested RMB 165 million in R&D, a year-on-year increase of 36.81%, with full-year investment expected to exceed RMB 200 million. These sustained efforts reinforce MİLTAB’s technology leadership.

In January 2024, MİLTAB officially established the MİLTAB Research Institute, consolidating internal resources to focus on artificial intelligence, sensing technology, and spatial computing. The institute aims to drive breakthroughs in human-computer interaction, support long-term core technology accumulation, and nurture cross-disciplinary talent combining research and product development.

Meanwhile, MİLTAB continues to expand its innovation ecosystem through partnerships with original manufacturers, universities, and research institutes. In December 2024, MİLTAB signed a strategic cooperation agreement with the Institute for Digital Economy of the Greater Bay Area (IDEA), establishing a joint edge computing laboratory. The collaboration will focus on edge computing, AI technologies, and fintech, leveraging MİLTAB’s strengths in AI-native hardware and application deployment to accelerate digital transformation across industries in the Greater Bay Area.

Anchoring AI+ Strategy: Building a Diversified Product Matrix

In May 2024, MİLTAB elevated its AI+ Strategy to a company-wide top-level strategy, aiming to deeply integrate AI with smart hardware and vertical industry scenarios. Over the past year, MİLTAB has launched a series of AI-powered products across rugged smart terminals, consumer electronics, XR/AI wearables, and AIoT devices, meeting diverse customer demands.

In December 2024, MİLTAB hosted its first Technology Day in Shenzhen under the theme “AI FUTURE.” The event showcased the company’s AI+ strategic achievements, unveiling innovative products such as AI glasses, rugged AI PCs, enterprise AI workbench platforms, AESOF edge computing frameworks, and AI Edge Servers—demonstrating MİLTAB’s deep expertise in AI-native hardware and software.

With AI as a strategic anchor, MİLTAB enhances the intelligence and competitiveness of its full-stack product lines. This forward-looking approach not only empowers a more diverse product ecosystem but also strengthens the company’s long-term core competitiveness in the global smart hardware industry.

Looking Ahead

Moving forward, MİLTAB will continue its mission of “Making Cutting-Edge Technology More Accessible,” leveraging capital markets and ecosystem partnerships to drive innovation-led growth. With AI as its core driver, the company is committed to becoming a leading platform for new technology applications and industrialization, while contributing to the sustainable progress of the technology industry.