On the evening of January 24th, American listed company Baijiayun (stock code: RTC) officially announced its personnel appointment decision: the board of directors elected the company's president and board member Ma Yi as the chairman, appointed Ma Yi as the company's CEO, and appointed the company's secretary Zhang Xin as a director. Ni Qiong succeeded Li Gangjiang in filling the vacant board seat and served as a director of the company.
Public information shows that Ma Yi graduated with a bachelor's degree from China University of Geosciences and a master's degree from Tsinghua University. He is currently pursuing a doctoral degree in innovation at Tsinghua University. Formerly served as the CTO of Sohu Video and concurrently served as the General Manager of 56.com. Ma Yi has always focused on exploration and innovation in the field of Internet technology, and led the construction of video distributed CDN, H.265, video gene, face recognition and other system platforms and exploration of innovative technologies. Ma Yi joined Baijia Cloud in 2018 and made significant contributions to the development and expansion of Baijia Cloud's business, achieving significant results in technological innovation and industry influence.
The company stated that the two newly appointed directors not only meet Nasdaq's requirements for diversity in female representation on the board, but also bring more strength to the company's development. Zhang Xin is one of the core members of the founding team of Baijiayun. He has served as the head of multiple departments such as the Human Resources and Administration Department, Legal Department, and Chairman's Office of Baijiayun. He has put forward key suggestions in multiple organizational and business adjustments of the company, and is one of the frontline managers of Baijiayun's long-term strategy, talent cultivation, and cultural inheritance. Ni Qiong actively supported the establishment of Baijiayun in her early days, and together with the founding team, laid the overall strategic development direction of the company. During the development process of Baijiayun, she made important contributions to the company's development and played an important role in the company's sustainable operation and organizational support. Ni Qiong currently holds legal representative/executive positions in multiple companies, serving as the General Manager of Jiajia Holdings Group and the Managing Partner of Jiashilian Private Equity Fund.
Baijiayun stated that this round of personnel appointments aims to further improve organizational efficiency and vitality, maintain management stability and continuity, and promote the healthy development of Baijiayun. Along with the appointment, Baijia Cloud also disclosed some content of its latest financial report: In the past fiscal year, Baijia Cloud's revenue increased from $68.6 million in fiscal year 2022 to $82.25 million in fiscal year 2023, a growth of 20%; The cumulative number of clients served increased by 23% from 2830 as of fiscal year 2022 to 3487 as of fiscal year 2023.
Since its listing at the end of 2022, Baijia Cloud has closely followed the forefront of the development of the big model era and made a lot of layout in the AIGC big model and AI audio and video track. It has not only released a vertical industry big model "Market Easy" tailored for market promotion and public opinion monitoring, a one-stop AIGC scenario based platform "Baiwen Big Model", a market easy public opinion monitoring system "Public Opinion Easy", but also released an education interactive recording and broadcasting integrated machine "Super Recording", A series of new products such as the knowledge monetization tool "Short Training Treasure" have emerged as a new path to empower enterprises with digital transformation through AI+audio and video technology.
Li Gangjiang, the founder of Baijiayun, stated that in the face of the rapidly changing market, Baijiayun needs to establish more forward-looking strategic leadership capabilities and more solid and powerful organizational support capabilities. Based on the inheritance of the company's values, it will further strengthen the construction of talent echelons in the future, explore more young talents and provide more opportunities for improvement, making the team more combat effectiveness.
In the future, Baijia Cloud will strengthen its management team construction, introduce young talents while maintaining stable development, continuously strengthen its technological advantages in DNA, and achieve greater growth space in market competition.