Core Insights - The company is advancing the construction of a digital payment system based on "new digital currency" in 2025, focusing on three main lines: new digital currency wallets and payment infrastructure, cross-border currency bridges, and smart terminals, all of which have existing orders or case studies with high information completeness [1] Group 1: New Digital Currency Wallet/Payment Infrastructure Innovation - The company provides a comprehensive solution for digital RMB, offering a one-stop operational platform for wallet management, payment clearing, and scenario innovation for 2.5-tier financial institutions [2] - The new comprehensive digital currency wallet and payment infrastructure will include tokenized deposits, stablecoins, RWA, and tokenized financial assets based on digital bank accounts [2] Group 2: Digital Currency Scenario Innovation - By 2025, the company aims to complete the upgrade of the "Digital RMB Currency Bridge Engine 2.0," supporting interconnectivity among nine major banks' wallets, covering 38 types of government and trade scenarios such as payments, taxes, and fiscal allocations [4] - The company is testing automatic conversion between digital RMB and Hong Kong dollars in Qianhai, Shenzhen, and has completed pilot transactions for cross-border payments based on the mBridge digital currency bridge [4] Group 3: Continuous Advancement in Hong Kong's Web 3.0 Scenario Innovation - The company's Hong Kong subsidiary has made substantial breakthroughs in the Web 3.0 ecosystem, launching a "commercial tokenization platform" project to build a native Web 3.0 ecosystem [5] - Users can view and transfer funds in real-time through the Web 3.0 wallet, with innovations in stablecoin wallets and RWA automatic clearing smart contracts facilitating a seamless investment, payment, and redemption process [5] Group 4: Smart Terminals and Ecological Innovation - The company has developed the "Xiao Lan" digital RMB soft and hard wallet service capabilities, supporting 24/7 wallet transactions and has integrated with domestic AI models for customer service and marketing [6] - Collaborations with local governments in Shenyang, Wuhan, and Chengdu aim to establish a joint innovation platform, targeting 220,000 bank outlets to promote unmanned operations [6] - The company has established a complete closed-loop ecosystem from wallets, cross-border payments, asset tokenization to smart terminals, and has received commercial orders in three major scenarios: cross-border payments, urban commercial bank transformation, and intelligent outlet operations [6]

Core Insights - The introduction of the "Xiao Lan" intelligent cash robot by Kelong Software is revolutionizing banking operations and cost structures in the financial sector [1][2] - The robot utilizes the Harmony OS and advanced AI models to enhance transaction efficiency and security, marking Kelong Software as a leader in the banking robot market [2][4] - The deployment of "Xiao Lan" robots can significantly reduce labor costs and improve revenue generation in banks, with potential annual savings exceeding 30 billion yuan if widely adopted [3][4] Group 1: Technological Advancements - Kelong Software's "Xiao Lan" robot integrates multiple AI models, achieving a multi-modal intelligent core that enhances transaction processing speed and security [2] - The robot can complete complex banking tasks, such as cross-bank transfers, in a matter of seconds, effectively functioning as a team of financial experts [2][4] Group 2: Operational Efficiency - The deployment of one "Xiao Lan" robot can replace one human teller, allowing banks to reallocate human resources to more productive roles [3] - With a projected 50% penetration rate across 220,000 bank branches in China, the financial sector could see a transformation in cost structures and operational efficiency [3] Group 3: Competitive Advantage - Kelong Software's leading position in the financial robot sector is supported by three core technological barriers, including a secure financial OS and real-time system upgrades [4] - The push towards automation in banking, driven by regulatory requirements, positions Kelong Software to capitalize on the growing demand for intelligent banking solutions [4]