Core Insights - Baidou Co., Ltd. and Zhiou Home Technology Co., Ltd. have signed a strategic cooperation agreement focusing on AI technology to enhance the digital transformation in the home furnishing industry [1][2] - The partnership aims to leverage Baidou's data intelligence capabilities and Zhiou's global operational experience to explore innovative pathways for industry digitization [1][2] Company Overview - Baidou is a leading digital finance and data intelligence company in China, known for its robust data barriers and successful AI implementation [2] - Zhiou Home is a global leader in internet home furnishing, with brands like SONGMICS and VASAGLE, serving over 20 million households across more than 70 countries [2] Strategic Cooperation - The cooperation is built on previous successful collaborations, focusing on electronic invoice management and electronic accounting archives to support Zhiou's compliance operations [2][3] - Zhiou's CFO emphasized the importance of digitalization and intelligence in enhancing core competitiveness, particularly in overseas invoice recognition and cross-border tax risk management [3] AI Empowerment - Baidou's AI technology is expected to enhance global supply chain efficiency and ensure compliance for Zhiou's international operations [3][4] - The partnership aims to create a new paradigm for compliant cross-border operations in the home furnishing sector, setting a benchmark for the industry [3][4] Global Expansion - Baidou is actively expanding its global footprint, targeting emerging markets in Southeast Asia, the Middle East, Africa, and South America [3][4] - The collaboration will help both companies optimize their operations and reduce compliance costs in cross-border transactions [4] Future Outlook - The partnership will continue to explore the integration of AI technology with home furnishing business processes, driving product innovation and service upgrades [4] - Both companies aim to build a digital service ecosystem for the cross-border home furnishing industry, providing replicable compliance solutions for Chinese enterprises going global [4]