Group 1: Stablecoin Development - The company positions itself as a provider of access capabilities and collaborative innovation solutions for financial institutions in the stablecoin sector [2] - The application space for stablecoins is expected to be broad following the release of official regulations, with ongoing development of application scenarios in collaboration with overseas institutions [2] - The company has received support from the Macao Science and Technology Fund to research a Web3-based retail payment system [2] Group 2: Technical Differences and Applications - Stablecoins utilize blockchain technology for transactions, but their efficiency varies based on the consensus mechanism of the underlying blockchain [3] - Digital fiat currencies can achieve instant settlement, while stablecoin settlement efficiency depends on the blockchain protocol used [3] - The company aims to research and promote the practical applications of stablecoins, leveraging banks' customer data and technical capabilities to expand usage while meeting regulatory requirements [3] Group 3: Data Elements and AI Integration - The company's data product line is a crucial part of its four major products and solutions, focusing on bank data management [4] - With the rapid development of the data element market, banks need to integrate more external data into their business processes [4] - The company has developed the "Star Link" financial data element operation service platform to provide personalized financial data products and one-stop application services for financial institutions [4] Group 4: Risk Considerations - The content discussed in the investor relations activity, including future development plans and performance expectations, does not constitute a substantive commitment from the company [5] - Investors and related parties should maintain a full awareness of the associated risks [5]