Core Insights - The establishment of Jiufang Zhijing Technology Co., Ltd. marks a significant milestone in the development of financial vertical large models in China, indicating a move towards industrialization in this sector [1][6][30] - Jiufang Zhijing aims to create an open intelligent engine and serve as the main force for AI innovation in the financial sector, focusing on inclusive and digital finance [6][30][31] Group 1: Company Developments - Jiufang Zhijing, a wholly-owned subsidiary of Jiufang Zhitu Holdings, will focus on the research and application of financial vertical large models [6][30] - The company plans to enhance its product matrix, including Jiufang Zhitu APP and Jiufang AI stock learning machine, to provide a more intelligent and efficient investment experience [10][30] - A strategic partnership with Tencent Cloud has been established to explore applications of AI in the financial sector, focusing on efficiency and redefining industry standards [14][30] Group 2: Industry Context - The initiative is part of a broader strategy to reshape the future of the financial industry through AI empowerment, emphasizing an open ecosystem [2][31] - The "Mosu Space" serves as a core platform for AI development in Shanghai, aiming to bridge the gap between technological breakthroughs and industrial application [27][30] - The collaboration with top academic institutions and tech companies aims to create a high-quality ecosystem for the development of AI in finance [10][30][31]

Group 1 - The company announced a dividend plan based on the 2024 annual report, distributing HKD 0.33 per share, totaling approximately HKD 148 million, with a payout ratio of 50.3% [1] - In 2024, the company achieved a net profit attributable to shareholders of approximately RMB 272 million, a year-on-year increase of 42.8%, and revenue of approximately RMB 2.306 billion, a year-on-year increase of 17.3% [1] - The total order amount for 2024 reached approximately RMB 3.506 billion, a year-on-year increase of 49.3%, with the number of paying users reaching 181,500, a year-on-year increase of approximately 149.4% [1] Group 2 - The company continued to deepen its investment in technology research and development, with R&D expenditure of approximately RMB 319 million in 2024, a year-on-year increase of 10.9%, accounting for about 13.8% of total revenue [2] - Under the "technology + R&D" dual-drive strategy, the company launched the industry's first stock learning product "Yizhi Gudao" and several AI investment advisory products [2] - The company aims to deepen the application of AI technology in investment advisory services, promoting a "digital intelligence" transformation and building an intelligent investment advisory ecosystem [2]

Core Viewpoint - Jiufang Zhituo has established itself as a reliable player in the securities investment advisory industry, leveraging its compliance, technological advancements, and industry recognition to provide a unique investment experience for investors [1][8]. Group 1: Qualification Certification - Jiufang Zhituo is one of the earliest professional institutions in China to obtain securities investment consulting qualifications, having been established in 1996 and recognized as a member of the China Securities Association [2]. - The company received its securities investment advisor license in 1998, becoming one of the first licensed institutions in the industry [2]. - As of the end of 2024, Jiufang Zhituo has over 300 qualified investment advisors, placing it among the top in the industry [2]. Group 2: Business Layout - The business model of Jiufang Zhituo is characterized by a "technology + research" dual-drive strategy, focusing on investor education through a comprehensive year-round educational system [4]. - The company has developed an app that offers AI stock diagnosis and intelligent monitoring tools, providing personalized investment decision support [4]. - In 2024, Jiufang Zhituo launched the industry's first stock learning machine, "Yizhi Gudao," featuring nine dimensions of courses and AI interaction capabilities [4]. Group 3: Honor Recognition - Jiufang Zhituo has received multiple awards, including the "Most Improved Securities Data Provider" from the Hong Kong Stock Exchange in 2024, marking it as the first mainland advisory institution to achieve this honor [6]. - The company was recognized as the "Outstanding Financial Technology Company" at the "Golden Ding Award" organized by the Daily Economic News in 2024 [6]. - Jiufang Zhituo's intelligent advisory digital assistant, "Jiugo," served 472,000 users and recorded over 32.4 million service instances in 2024, with its technological achievements receiving multiple national patent certifications [6].