Core Insights - The integration of finance and technology is reshaping the industry landscape, driven by the rapid development of digital economy and financial technology in China [1][2] - The "2025 China Financial Technology Competitiveness Report" highlights the competitive landscape of digital finance, showcasing the exemplary case of Xiaoheng Data's self-developed large language model "Heng Jiyuan" [1][4] Industry Trends - The financial sector is undergoing a transformation due to advancements in artificial intelligence, big data, cloud computing, and blockchain, which are significantly altering production and lifestyle [2][3] - In 2023, global financial industry investments in AI accounted for 28% of total AI spending, with 92% of the top 50 banks deploying large language models [2] - The penetration rate of AI in the financial sector reached 35%, surpassing that of healthcare (15%) and retail (20%) [2] Company Developments - Xiaoheng Data's "Heng Jiyuan" model was launched on November 7, 2023, aiming to lead financial transformation through technological innovation [3] - The model addresses challenges in traditional financial services, such as inefficiency, high costs, and risk identification, by leveraging deep learning and knowledge reasoning capabilities [5] - Xiaoheng Data has developed six intelligent applications based on "Heng Jiyuan," enhancing efficiency and quality in financial services while reducing operational costs [5][6] Security and Governance - The conference emphasized the importance of security governance alongside the reshaping of the financial landscape, highlighting the need for a sustainable digital finance ecosystem [7] - Xiaoheng Data prioritizes financial security and compliance in its technological innovations, ensuring data safety and algorithm fairness [8][9] Recognition and Impact - The inclusion of "Heng Jiyuan" in the authoritative report signifies Xiaoheng Data's efforts in safe and compliant applications of large models, setting a positive industry example [9] - The model has garnered multiple awards, reflecting its innovative capabilities and social responsibility [9]

Core Viewpoint - The company acknowledges issues raised in the "CCTV 3.15 Gala" report regarding its outbound calling system and has initiated internal investigations and corrective actions [1] Group 1: Company Response - The company emphasizes that the voice product mentioned in the report is a module of its SaaS offerings, which serves merely as a tool for clients, and the company does not engage in clients' specific business operations [1] - The company admits shortcomings in client supervision and service management, as well as insufficient training for internal personnel [1] - The company expresses sincere apologies to all users, partners, and the public for the incident [1] Group 2: Future Commitments - The company commits to strengthening client management and internal personnel training in the future [1] - The company plans to improve its regulatory mechanisms to prevent similar issues from occurring again [1]