Core Insights - The WISE 2025 conference in Beijing focuses on immersive experiences in technology and business, highlighting trends such as AI reshaping hardware boundaries and brand globalization [1] Company Overview - Yixin is a leading automotive financial technology platform in China, serving over 40,000 new and used car dealers and more than 100 financial institutions, with an annual transaction volume of 70 billion RMB [3][4] - Established in August 2014, Yixin became the first automotive financial technology platform listed on the Hong Kong Stock Exchange in November 2017, surpassing 1 million cumulative automotive financing transactions by October 2018, and reaching 5 million transactions by September this year [3][4] R&D Investment - Yixin has invested a total of 2 billion RMB in research and development, employing over 400 R&D staff, with more than 80% coming from leading internet, automotive, and technology companies [5] AI Applications - Yixin has made significant strides in AI, becoming the first company in the industry to be registered with the national large model in 2022 and releasing the first vertical foundational model for the automotive finance sector in April 2023, which is a 72 billion parameter model [7] - In November 2023, Yixin launched the first Agentic large model in the automotive finance industry at the World Internet Conference, winning the only first prize in the open-source model track at the "Direct to Wuzhen" global internet competition [7] AI Development Phases - The evolution of AI in the financial sector is categorized into two phases: from discriminative AI (1.0) used for risk control models to generative AI (2.0) for creating marketing content and customer interactions [8] - The industry is now witnessing the initial applications of agent-based AI, which enhances operational efficiency across various business processes [8][13] Model Development - Yixin has developed a comprehensive AI capability that includes building proprietary industry models using private data, establishing a model governance framework, and integrating AI with human capabilities for enhanced service delivery [10][12] - The company has created a model matrix consisting of a foundational 70 billion parameter model and a 420 billion parameter model, along with various domain-specific models tailored for different business scenarios [12] Agentic AI Insights - The introduction of Agentic AI presents opportunities for enhanced decision-making through multimodal perception, full-process collaboration, and global scheduling capabilities, allowing for more efficient customer interactions and service delivery [15][16] - Yixin's Agentic AI can integrate multiple tasks into a single interaction, significantly improving the efficiency of processes traditionally handled in separate stages [16] Open Source Initiative - Yixin has officially open-sourced its Agentic large model, which is a smaller 14 billion parameter model designed for low latency and high performance, making it accessible for deployment on local servers at a lower cost [17][18] - The model has been specifically trained for the financial sector, addressing the complexities of financial documentation and ensuring accurate understanding of industry-specific language [18] Global Expansion - Since 2023, Yixin has begun its global expansion into markets such as Singapore, Malaysia, and Japan, with plans to localize its models and tools according to regional regulations and data requirements [20]