Core Insights - The financial industry is undergoing rapid transformation driven by the integration of technology and finance, with the launch of the HarmonyOS representing a significant advancement in creating a distributed operating system for interconnected devices [1][2] - The launch of the Hengxiaohua APP on the HarmonyOS aims to enhance user service by leveraging the unique advantages of the Harmony ecosystem, providing a secure, intelligent, and convenient financial service platform [1][3] Industry Trends - The Chinese government has set a strategic goal to achieve high-level technological self-reliance by 2035, emphasizing the importance of integrating technological and industrial innovation [2] - The HarmonyOS has surpassed iOS with a 17% market share in Q1 2024, establishing itself as the second-largest mobile operating system in China, with projections to become the third-largest globally by 2025 [2] Company Developments - Hengxiaohua is focusing on the integration of cutting-edge technology, including AI, to enhance its financial services, aiming to improve efficiency and service quality for financial institutions [3][6] - The Hengxiaohua APP on HarmonyOS is designed to provide a seamless user experience across various devices, utilizing features like one-click login and voice assistant capabilities to enhance convenience [6][7] Security and Compliance - The HarmonyOS offers a comprehensive security framework that protects local data, application access, and data sharing, which is crucial for maintaining user privacy and data security in financial services [7] - Hengxiaohua is committed to strengthening its intelligent risk control capabilities and ensuring compliance with legal regulations to safeguard user data and privacy [7]