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Business Summary: GD Culture Group Limited is a holding company. The Company conducts its operations and operates its business in both the United States and China by itself and through its subsidiaries, AI Catalysis Corp. (AI Catalysis) and Shanghai Xianzhui Technology Co, Ltd. The Company focuses its business on two segments: AI-driven digital human creation and customization, and Live streaming and e-commerce. In the AI-driven digital human creation and customization sector, the Company uses AI algorithms and software to generate realistic 3D or 2D digital human models. AI algorithms and machine learning models are used to simulate human characteristics, such as facial expressions, body movements, and even speech patterns. These models can be customized to create and personalize lifelike digital representations of humans. In the live streaming and e-commerce sector, the Company applies digital human technology in live streaming e-commerce businesses.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, GD Culture Group Ltd revenues was not reported. Net loss before extraordinary items increased 33% to $13.8M. Higher net loss reflects Virtual Content Production segment loss increase of 18% to $14.2M. Basic Earnings per Share excluding Extraordinary Items increased from -$3.22 to -$1.45.