Core Insights - The digital transformation of financial institutions is at a critical juncture, with database capabilities being reshaped [1] - OceanBase has achieved its "Hundred Banks Plan," providing database services to over 100 banks and more than 1,000 key business systems [1][2] - The release of OceanBase version 4.4.0 enhances transaction processing, real-time analysis, and AI-native capabilities to meet the demands of financial institutions [1][8] Company Performance - OceanBase has been recognized as the market leader in distributed database market share according to multiple reports [2] - The company has supported core system upgrades for major financial institutions, including all policy banks and a significant portion of state-owned banks and insurance groups [2][3] - OceanBase's database has demonstrated strong cost-saving capabilities, with clients achieving significant data compression and overall cost reductions [6] Technological Advancements - The new version 4.4.0 integrates transaction processing, real-time analysis, and AI capabilities into a unified data platform [8] - OceanBase is evolving from a traditional database to a platform-level scheduling engine, enhancing its role in AI-driven decision-making [7][8] - The company is exploring new capabilities such as retrieval-augmented generation (RAG) for applications in knowledge bases and risk control modeling [7] Market Strategy - OceanBase aims to expand its collaboration with small and medium-sized banks, focusing on affordable and effective database solutions [3] - The company is transitioning from serving primarily large institutions to also addressing the needs of mid-tier and international markets [8] - OceanBase's strategy includes building a comprehensive AI data foundation to support the next generation of financial services [7][8]