iFLYTEK Co., Ltd.
2021Annual Report
April 2022
Section I Important Notice, Contents and Definitions
The Board of Directors, the Board of Supervisors, directors, supervisors
and senior management members of iFLYTEK Co., Ltd. (the "Company")
warrant, under joint and several liability, that the information in this Annual
Report is authentic, accurate and complete, and contains no false records,
misleading statements or material omissions.
Liu Qingfeng, Chairman of the Company; Wang Ming, head of accounting
affairs; and Cai Shang, head of the accounting department (accounting
supervisor) hereby declare that the financial statements in this Annual Report
are authentic, accurate and complete.
All the directors attended the meeting of the Board of Directors which
reviewed this report.
For the purpose of the report, the statements on future development plans
and business objectives are what is planned by the Company. They do not
constitute substantive commitments by the Company to its investors. Hence,
investors and interested parties should be fully aware of the risks and
understand the difference between plans, forecasts and commitments.
The Company analyzes its possible risk exposures and responses in "XI.iii.
Risk Exposures of the Company and Responses" in "Section III Management
Discussion and Analysis" of the report. Investors are advised to read this part.
Profit distribution plan of the Company approved at the meeting of the Board of
Directors: Based on 2,324,325,245 shares of the Company on 31 March 2022,
distribute a cash dividend of RMB1.00 (before tax) per ten shares and zero
bonus share (before tax), with no capital reserve converted into share capital.
CONTENTS
Section I Important Notice, Contents and Definitions ......2
Section II Corporate Information and Main Financial Indicators ......8
Section III Management Discussions and Analysis ......13
Section IV Corporate Governance......64
Section V Environmental and Social Responsibility ...... 111
Section VI Significant Events ......117
Section VII Changes in Shares and Particulars of Shareholders......132
List of Documents for Inspection
I. The financial statements signed and sealed by the legal representative, head of accounting affairs, and head of
the accounting department;
II. The original of theAuditor's Report stamped with the corporate seal of the accounting firm, and signed and
sealed by the CPAs;
III. Originals of all the documents and announcements published by the Company on the newspapers designated
by the China Securities Regulatory Commission (“CSRC”) during the reporting period; and
IV. The original of the 2021 Annual Report signed by the Chairman.
Definitions
Term refers to Definition
Artificial intelligence (AI), is an emerging technical science that studies and
develops theories, methods, technologies, and application systems for
simulating, extending, and expanding human intelligence. Artificial intelligence
generates manual programs or systems that perceive, think, and make decisions
like humans and imitate their actions. Perceptual intelligence, or the ability of
Artificial intelligence refers to machines to "listen and speak, see and recognize", mainly involves speech
synthesis, speech recognition, image recognition, and multilingual speech
processing technologies; cognitive intelligence, or the ability of machines to
"understand and think", involves education evaluation, machine-assisted
clinical decision support, machine-assisted court trial, intelligent customer
service, machine translation and other knowledge services.
The technology that enables machines to "listen and speak" like humans. It
mainly includes speech recognition (automatically converting speech into text),
speech synthesis (automatically converting text into speech), voiceprint
Intelligent speech refers to recognition (separating speakers), language recognition (recognizing different
languages and dialects) and other sub-technologies. It belongs to the perceptual
intelligence in artificial intelligence and acts as the core supporting technology
for the revolution of human-machine spee