百望股份：发布系列战略合作，稳步推进智能体战略

Strategic Partnerships - In 2025, by July, the company launched a series of strategic collaborations to advance its AI agent-driven digital transformation leveraging accumulated e-invoicing data[5] - In March, the company introduced a Tax AI Assistant that integrates algorithmic models and big data analytics to identify potential risk points in business operations[5] - In April, a comprehensive cooperation agreement was signed with Huawei to enhance AI applications in intelligent invoice processing and automated tax risk assessment[5] Technology and Client Collaborations - By July, multiple strategic partnerships were announced with companies like 01.AI, 4Paradigm, Muxi, and Iron Mountain China to focus on GPU computing power and information storage technologies[5] - Strategic agreements were established with Bank of Ningbo, WeBank, and China Zheshang Bank to reconstruct the digital finance ecosystem through data intelligence-driven solutions[5] Intelligent Agent Strategy - The company formally established the "Intelligent Agent Strategy" in its 2024 annual report, focusing on building a 2B intelligent agent ecosystem powered by data intelligence[3] - The strategy includes three key components: Transaction Intelligent Agents, Business Decision-Making Intelligent Agents, and Intelligent Risk Control Agents[3] Risks - The company faces short-term downward pressure on stock price due to the unlocking of restricted shares and imminent full circulation of H-shares[4] - There is a risk that the AI Agent application project may progress slower than expected[4]