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IV. Capital Operation and Future DevelopmentChina Great Wall: a Leader and Innovator in the Field of Innovation.China Great Wall continued to increase investment in R&D. In 2022, the R&D expenditure reached 1.322 billion yuan, up 6.01% year-on-year, and its technology R&D capability continued to increase. The company benchmarks the first-class enterprises in the industry, deeply finds the shortcomings of analysis ability, clarifies the direction of ability improvement, strengthens the capacity building of independent hardware, software, testing and data technology in the field of computing industry, and further consolidates the technical foundation. In the field of system equipment, mastering a number of key technologies can help improve the quality and efficiency of array production, break through technical difficulties, and the capacity index is better than the industry level. In addition, China Great Wall has successfully built a research and development team composed of top talents in the industry, continuously strengthened key core technology research and improved the research and development capability of high-end computing products.

China Great Wall Science and Technology Group Co., Ltd., as the main force of the computing industry under China Electronics, not only showed excellent comprehensive strength in the field of innovation, but also won the title of "Top 100 Innovation Enterprises in China in 2023", which showed its key role in promoting the development of national innovation industry. This paper will deeply discuss the strategic positioning, technological innovation, market expansion and brand influence of China Great Wall in the field of innovation, and show its elegant demeanor as an industry leader.IV. Capital Operation and Future DevelopmentIV. Capital Operation and Future Development

China Great Wall continued to increase investment in R&D. In 2022, the R&D expenditure reached 1.322 billion yuan, up 6.01% year-on-year, and its technology R&D capability continued to increase. The company benchmarks the first-class enterprises in the industry, deeply finds the shortcomings of analysis ability, clarifies the direction of ability improvement, strengthens the capacity building of independent hardware, software, testing and data technology in the field of computing industry, and further consolidates the technical foundation. In the field of system equipment, mastering a number of key technologies can help improve the quality and efficiency of array production, break through technical difficulties, and the capacity index is better than the industry level. In addition, China Great Wall has successfully built a research and development team composed of top talents in the industry, continuously strengthened key core technology research and improved the research and development capability of high-end computing products.After a year of practical application and continuous optimization, Oriental Fortune has released the next generation of intelligent financial terminal-"Fantasy Investment Research Assistant". This new terminal focuses on solving the bottleneck problems in the investment and research process, aiming at greatly improving the efficiency and quality of investment and research. Relying on the powerful large-scale model base ability, the "Miao Xiang Investment Research Assistant" performs well in reasoning reinforcement and multi-source analysis, can think deeply like an analyst, and has business understanding, reasoning ability and self-reflection ability.First, strategic positioning and core competitiveness