Group 1: Stablecoin Business Development - The company is closely monitoring the regulatory landscape following the approval of Hong Kong's stablecoin regulations, identifying market opportunities as stablecoin-related businesses progress [2] - The company is focusing on two main areas: studying regulatory rules and developing digital solutions for stablecoin issuance, operation, and trading scenarios [2] - The stablecoin ecosystem involves four key roles: token issuers, service operators, regulators, and holders, all requiring corresponding digital systems for support [3] Group 2: Technical Capabilities and Market Position - The company possesses a strong technical foundation to support stablecoin business needs, leveraging its experience with financial institutions [3] - The company has been a leading player in domestic credit card system construction and is exploring opportunities to integrate stablecoin solutions in Southeast Asia [3] - The company has generated over RMB 120 million in overseas revenue for several consecutive years, with a peak of RMB 160 million, accounting for approximately 7% of total revenue [4] Group 3: Future Business Directions and Opportunities - The company aims to leverage its extensive experience in domestic banking to support overseas clients, particularly in Southeast Asia, where it has been active for nearly a decade [4] - The company is exploring the potential for stablecoin integration in cross-border transactions, although short-term impacts on traditional banking services are expected to be minimal [4] - The company is focusing on enhancing its AI capabilities for internal product development and client needs, addressing continuity issues in AI applications [4]