sunline(300348)2025-03-13 11:42Group 1: Company Overview and Business Development - Longbright Technology is a financial technology company providing digital business, data intelligence, and full financial value chain solutions to commercial banks and asset management companies [2] - In 2024, the company is in a performance recovery phase, with significant growth in contract amounts driven by industry innovation and overseas business expansion [2] - The main business is expected to continue improving in 2025, with a focus on gaining market share in the innovation-driven business sector [2] Group 2: Artificial Intelligence Initiatives - A dedicated AI team was established in 2023, and a cooperation agreement was signed with Shenzhen University to build an "AI Financial Software Engineering Joint Laboratory" [3] - The company employs an "N+M" model collaboration strategy, combining general large models (Qwen2 and DeepSeek V3) with specific small models for enhanced application in the financial sector [3] - Since the release of DeepSeek V3, there has been significant interest from financial institutions, with over ten clients expressing demand for proposals in areas like credit, data management, and finance [3] Group 3: Overseas Business Expansion - In 2024, the company achieved a breakthrough in overseas business, securing a core business system project with Thailand's SCB Bank, valued at over 300 million, marking it as the largest single sales contract for a Chinese software company abroad [4] - The company also made significant progress in Indonesia, entering the largest economy in Southeast Asia with its core products [4] - The overseas business is expected to continue its positive momentum in 2025, with ongoing discussions regarding traditional banking core system solutions in Southeast Asia [4] Group 4: Financial Performance and Future Outlook - The company anticipates continued progress in its domestic business, particularly in innovation-driven projects, with more revenue recognition expected from previously signed large contracts in 2025 [5] - The industry is optimistic about the application of AI following the launch of DeepSeek V3, which offers low-cost localized deployment solutions for sensitive financial data [5] - The company is actively collaborating with major firms like Alibaba and Huawei to find optimal solutions for industry applications, enhancing internal operations and client management [5]