NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Lucas GC Limited (NASDAQ: LGCL) ("Lucas" or the "Company"), an artificial intelligence (the "AI") technology-driven Platform-as-a-Service (the "PaaS") company whose technologies have been applied in the human resources, insurance and wealth management industry verticals, announced today that it has signed a strategic cooperation agreement with Beijing Fourth Paradigm Technology Co., Limited to develop Artificial Intelligence training programs. The two companies wi ...

Artificial intelligence (AI) technologies, driven by big data, are fueling the Fourth Industrial Revolution representing a fundamental change globally in the way people live, work and relate to one another. The demand for AI professionals is rapidly increasing, driven by the growing adoption of AI technologies across industries around the globe. According to Fortune Business Insights, the artificial intelligence market is expected to rise from US$621.19 billion in 2024 to US$2,740.46 billion by 2032, at a C ...

NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Lucas GC Limited (NASDAQ: LGCL) ("Lucas" or the "Company"), an artificial intelligence (the "AI") technology-driven Platform-as-a-Service (the "PaaS") company whose technologies have been applied to the human resources, insurance and wealth management industry verticals, announced today that it has received an invention patent "Artificial Intelligence (AI) Enabled Prescriptive Persuasion Processes Based on Speech Emotion Recognition and Sentiment Analysis" in Chin ...

This patent relates to methods and systems provided for the AI-based computer-aided persuasion system (CAPS). The CAPS obtains content output by analyzing the user audio stream and the target audio stream using neural network models, and generates persuasion references that increase the acceptance likelihood of recommendations. https://www.lucasgc.com/ About Lucas GC Limited T: 818-741-0923 NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Lucas GC Limited (NASDAQ: LGCL) ("Lucas" or the "Company"), an artificial ...

Howard Lee, Chief Executive Officer of Lucas, said "By analyzing industry proprietary data, our generative AI and machine learning can deliver the best-action recommendations that will not only help lead generations but also the closing rate of transactions. I'm glad our technology can be effectively applied to the wealth management vertical." As a Sino-foreign publicly listed bank, Bank of Ningbo (002142.SZ) is one of the 19 systemically important banks in China. It currently has business in retail banking ...

NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- Lucas GC Limited (NASDAQ: LGCL) ("Lucas" or the "Company"), an artificial intelligence (the "AI") technology-driven Platform-as-a-Service (the "PaaS") company whose technologies have been applied to the human resources, insurance and wealth management industry verticals, announced that it has reached a strategic partnership agreement with Bank of Ningbo, one of the leading financial institutions in China, to develop AI solutions to enhance its wealth management bu ...

Company Overview - Lucas GC Limited is an AI technology-driven Platform-as-a-Service (PaaS) company focusing on human capital management services [3][6] - The company is recognized as the largest AI technology-driven online agent-centric human capital management service provider in China based on the number of active users as of June 30, 2022 [6] Recent Achievements - Lucas GC Limited won The 2024 Cberi Prize for The Most Valuable Brand for Investment during the Asian Brand Economy Conference (ABEC) [3][4] - The award highlights the company's strong foundation in AI technology and its potential for forming beneficial partnerships in Asia [5] Market Position and Strategy - Lucas leverages its unique patented AI technology and has 638,000 active users to disrupt the human resources market [4] - The company aims to expand its footprint outside China, initially targeting emerging Asian countries [5] - Lucas provides a platform that supports trusted private social networks of professionals, offering services such as recruitment, outsourcing, IT services, and training [6] Conference Insights - The Asian Brand Economy Conference (ABEC) is a significant marketing event in Asia, focusing on brand building, digital marketing, and sustainable development [1] - The theme for the 2024 ABEC was "Innovation, Digital Integration, and Sustainable Development," reflecting current trends in the market [1]

Core Insights - Lucas GC Limited has been awarded The 2024 Cberi Prize for The Most Valuable Brand for Investment at the Asian Brand Economy Conference (ABEC) [1][2] - The conference, attended by over 500 participants from various Asian countries, focused on brand building, digital marketing, and sustainable development [2] - The company plans to expand its operations beyond China, targeting emerging Asian markets, leveraging its AI technology for partnerships [2][3] Company Overview - Lucas GC Limited is an AI technology-driven Platform-as-a-Service (PaaS) company specializing in human capital management services [1][4] - It is recognized as the largest AI technology-driven online agent-centric human capital management service provider in China, based on active users and total net revenues as of June 30, 2022 [4] - The company utilizes its patented AI technology and has 638,000 active users to enhance the human resources market by efficiently connecting job candidates with corporate clients [3][4] Strategic Focus - The company aims to digitalize and intellectualize the human capital management process through AI, data analytics, and blockchain technologies [4] - Lucas provides a platform that supports private social networks for professionals, offering services such as recruitment, outsourcing, IT services, and training [4]

Company Overview - Lucas GC Limited is an AI technology-driven Platform-as-a-Service (PaaS) company focusing on human capital management services [4] - It is the largest AI technology-driven online agent-centric human capital management service provider in China, based on the number of active users and total net revenues as of June 30, 2022, and December 31, 2021, respectively [4] - The company utilizes artificial intelligence, data analytics, and blockchain technologies to digitalize and intellectualize the human capital management process [4] Services Offered - Lucas provides a platform that supports trusted private social networks of professionals, offering services such as recruitment, outsourcing, information technology, and training [4] - The primary users of the platform are professionals in human resources-related functions, while corporate customers include companies with needs in recruitment, training, sales lead generation, and outsourcing [4] Upcoming Events - Lucas will participate in a webcasted presentation and host one-on-one meetings with investors at the Lytham Partners Spring 2024 Investor Conference on May 30, 2024 [1] - The webcasted presentation is scheduled for 9:30 a.m. ET and will be accessible via the conference home page or directly through a provided link [2] - Management will be available for virtual one-on-one meetings throughout the event, with arrangements possible through Lytham Partners [3]

Investment activities in the PRC by foreign investors are principally governed by the Guidance Catalogue of Industries for Foreign Investment, or the Negative List, promulgated and as amended from time to time by the Ministry of Commerce of the PRC, or MOFCOM, and NDRC. The NDRC and the MOFCOM promulgated the 2021 Negative List on December 27, 2021, which took effect on January 1, 2022 and uniformly set forth the ownership requirements, requirements for senior executives, and other special administrative me ...