Bairong Yunchang

(hereinafter referred to as "Byrun Yunchuang") is a leading financial technology company founded in 2014 and successfully listed on the Main Board of the Hong Kong Stock Exchange in 2021 (stock code: 6608.HK). As a high-quality partner of digital intelligence development in China's financial industry, Byron Yuntron focuses on providing financial institutions with highly adaptable products and solutions to help them realize digital intelligence transformation.

I. Main operations

The main business of Bailong Yunchuang coversintelligent analysis (religion)and operation, precision marketing services and insurance marketing services in three major areas. Among them, Intelligent Analysis and Operation Service is its first main business, which provides comprehensive intelligent analysis and user operation services for financial institutions to improve the decision-making process of business lines by applying technologies such as artificial intelligence, cloud computing, blockchain and machine learning. In addition, the precision marketing service and insurance marketing service of Bailong Yunchuang also help financial institutions to improve customer experience and increase conversion rate by utilizing advanced AI technology.

II. Technological innovations

Bailong Yunchuang has been maintaining a leading position in technology research and development. The company has independently built a large model underlying framework, which can support the training of tens of billions of parameters through deep fine-tuning. In terms of intelligent interaction, the big model can provide "real person level" dialog effect, and the accuracy of voice recognition for customers can reach more than 99%. In addition, Bailong Yunchuang has also obtained a number of national invention patents, including technological breakthroughs in the fields of machine learning, intelligent marketing, ASR voice quality control analysis, privacy computing and so on. Among them, the patent technology of "an intelligent marketing strategy generation method and system" solves the problem of fine division of marketing and accurate customer reach in whole-scene marketing, and promotes the upgrading of the company's precise marketing solutions.

III. Market position

As the first listed financial SaaS company in China, Bailong Yunchuang has reached cooperation with over 7,000 organizations, covering many vertical industries such as finance, logistics, e-commerce and insurance. As of December 31, 2023, the operating revenue of Bailong Yunchuang reached RMB 2.681 billion, a year-on-year increase of 31%; the adjusted net profit reached RMB 375 million, with an adjusted net profit margin of 14%. These performance figures fully proved Bailong Yunchuang's leading position in the market and its strong momentum of development.