New Continent (000997.SZ) subsidiary Guotong Xingyi signed a deep cooperation agreement with Alibaba Cloud involving AI large model collaboration.

Intelligent Finance and Economics APP News, Xin Dalu (000997.SZ) announced that the company's controlling subsidiary Fujian Guotong Xingyi Network Technology Co., Ltd. (referred to as "Guotong Xingyi") and Alibaba Cloud Computing Co., Ltd. (referred to as "Aliyun") recently signed a deep cooperation agreement in Hangzhou. The two parties will integrate their advantageous resources to advance the AI large model and public cloud cooperation project, exploring the technical applications of large models in the payment industry marketing, risk control, and other scenarios. Based on the pain points of the payment industry, they will jointly develop new products or services based on AI large models, simultaneously explore the standard specifications of AI integration with payments, and enhance industry technology levels and competitiveness.