NEWLAND(SZ:000997) Shang Hai Zheng Quan Bao·2025-05-12 20:01Core Viewpoint - The announcement details a framework agreement between the company's subsidiary, Guotong Xingyi, and Alibaba Cloud to collaborate on AI large model and public cloud projects, focusing on applications in the payment industry [1][4]. Group 1: Agreement Overview - The agreement is a framework agreement, with specific cooperation details to be defined in future project agreements, indicating uncertainty in implementation [1][4]. - The agreement was signed recently in Hangzhou between Guotong Xingyi and Alibaba Cloud [2]. - The signing of the agreement does not require board or shareholder approval as it falls under routine business management [3]. Group 2: Cooperation Details - The collaboration aims to integrate resources to advance AI large model applications in marketing and risk control within the payment industry, addressing industry pain points [4]. - Alibaba Cloud will provide high-performance public cloud services to ensure stable operation of Guotong Xingyi's payment systems under high concurrency and big data processing scenarios [4]. - Joint marketing efforts will be made to promote innovative payment solutions based on AI large models and cloud services [4][5]. Group 3: Agreement Duration and Impact - The agreement is effective for one year, with the possibility of renewal through a new written agreement if both parties wish to continue [6]. - The signing of this agreement aligns with the company's digital transformation strategy, enhancing resource integration and advancing its digital business segment [7]. - The collaboration is expected to optimize payment scenarios, improve intelligent risk control systems, and enhance the stability and scalability of payment systems through technology synergy [7].