Is mlgo a IT company?

**MicroAlgo, Inc. (MLGO) is not a typical IT company**, as it operates in the professional services sector. While it does provide central processing algorithm services, which can be considered a technology-based service, the company's broader focus and industry classification fall under professional services. 1. **Industry Classification**: According to the GICS Industry classification, MicroAlgo is part of the Professional Services sector. 2. **Business Focus**: The company's business introduction highlights its services in central processing algorithm services, which involve the combination of hardware and software optimization to provide efficient and cost-saving digital services. This focus is more aligned with professional services than with IT services. 3. **Market Position**: MicroAlgo serves the internet multimedia video advertising and internet games and entertainment fields, indicating a focus on the entertainment and advertising sectors rather than on general IT solutions. In conclusion, while MicroAlgo does utilize technology in its services, its industry classification and business focus position it more within the professional services sector than the IT sector.