Core Insights - The report focuses on the application of OceanBase Community Edition in the pan-internet industry by showcasing its value in addressing data challenges through industry analysis, technical interpretation, and multi-domain case studies [1][2]. - The pan-internet industry is experiencing explosive data growth, facing challenges such as high concurrency, real-time analysis, and rapid business iteration, making distributed databases like OceanBase a key solution [1][2]. - OceanBase's native distributed architecture, high compression rate, HTAP capabilities, and comprehensive ecosystem make it a preferred choice for many enterprises looking to upgrade their database solutions [1][2]. Technical Overview - Database development is trending towards integration, intelligence, and cloud-native solutions, with OceanBase achieving a single-node distributed integrated architecture that supports mixed storage and HTAP mixed workloads [1][2]. - The Paxos protocol ensures strong data consistency, while the system offers elastic scalability and multi-tenant resource isolation capabilities [1][2]. - OceanBase's vector technology accelerates business analysis and AI integration, while its compatibility with the MySQL ecosystem reduces migration costs [1][2]. Industry Applications - Various enterprises have successfully utilized OceanBase to solve core issues, such as Kuaishou leveraging it for PB-level core business support, NetEase Games reducing storage costs by 60%, and Didi achieving a tenfold reduction in latency after selecting a distributed database [2]. - Other notable applications include Haoweilai saving 86% in monthly storage costs for AI business scenarios, Beike using it for real-time data warehousing and AI storage, and Belle Fashion Group relying on it for stable support during major sales events [2]. - Overall, OceanBase provides high-performance, reliable, and cost-effective database solutions that facilitate digital transformation in the pan-internet industry, aligning with industry trends in distributed transactions, storage compression, and HTAP [2].

Group 1 - The core viewpoint is that the digital transformation of financial institutions is entering a critical phase, with a consensus on adopting distributed databases for core systems [1] - OceanBase has achieved the "Hundred Banks Plan," providing database services for over 100 banks, covering more than 190 core systems and over 1,000 key business systems [1] - The upgrade of core systems in financial institutions requires a tripartite synergy of policy guidance, technology drive, and market demand, emphasizing higher requirements for data security, stability, and scalability [1] Group 2 - The essence of digital transformation in financial institutions is to leverage data to reshape traditional business and organizational models, thereby building new competitive advantages [2] - OceanBase has developed best practices for distributed architecture to address challenges faced by clients, such as business scale growth and increasing IT architecture complexity [2] - OceanBase has implemented integrated product practices that solve 80% of user data issues through a unified database approach, including single-machine distributed integration and SQL+AI integration [2]

Core Insights - The digital transformation of financial institutions is entering a critical phase, with a consensus on adopting distributed databases for core systems [1][4] - OceanBase has achieved its "Hundred Banks Plan," providing database services for over 190 core systems and more than 1,000 key business systems across over 100 banks [1][4] Industry Trends - Financial institutions require a tripartite synergy of policy guidance, technology drive, and market demand for core system upgrades, emphasizing higher demands for security, stability, and scalability of data infrastructure [4] - The essence of digital transformation in financial institutions is to leverage data to reshape traditional business and organizational models, thereby building new competitive advantages [4] Company Developments - OceanBase, a 100% self-developed native distributed database, has scaled its services from leading financial core systems to mid-tier financial institutions, supporting various types of financial entities such as banks, insurance, and securities [4] - In May, OceanBase set a record for efficiency in switching 133 systems in 48 hours for Sichuan Bank, enhancing its IT infrastructure to a high availability level [5] - OceanBase has implemented integrated database solutions that address challenges faced by financial institutions, achieving a unified approach to data management [5] Product Innovations - OceanBase launched version 4.4.0 at the financial exhibition, enhancing transaction processing, real-time analysis, and AI-native capabilities to meet the needs of financial institutions in AI scenarios [6] - China Pacific Insurance is the first major insurance company to upgrade all core systems to OceanBase, exploring new capabilities such as AI for database fault diagnosis [5][6]