Bairong Inc.’s Head of R&D Presents at the AI & Technological Manufacturing Forum of CITIC Securities

Shenzhen, China, On May 9, 2024, Bairong Inc. (“Bairong” or the “Company”; HKEX: 6608) participated in the AI & Technological Manufacturing Forum of CITIC Securities. Bairong's Head of Research and Development was invited to share insights into AI applications and how the Generative AI empowers transformation of financial industry.

He said, in the financial industry, Generative AI has to go through several hurdles from a concept to commercialization. "First, it requires a large amount of data and huge computing power support. Second, a powerful AI development and application platform is needed to accelerate the AI process from verification to production, shortening the project cycle from 'years' to 'months' or 'weeks'. Third, privacy and security must be guaranteed. Fourth, the answers generated by AI must be precise enough. Fifth, the entire generation process must be sufficiently transparent."

To address these series of industrialization issues, Bairong has built an AI platform, which integrates data set management, model training, model version optimization, as well as the upper-level AI application development and hosting platform. This platform unified and standardized the management of computing power, data and models, reducing the threshold for business lines to access AI.

The AI platform is precise, secure, transparent, and traceable, which has addressed the core issues of the industrialization and application of Generative AI technology.

About Bairong Inc.

Bairong Inc. is a leading artificial intelligence (AI) technology services company. The Company applies natural language processing (NLP), privacy computing, machine learning, cloud computing and other technologies to provide services to enterprises through model-as-a-service (MaaS) and business-as-a-service (BaaS). The MaaS services leverage discriminant AI to digitalize the know-your-customer (KYC) and know-your-product (KYP) process for enterprises, by analyzing users’ risk, willingness, and capability. The BaaS services use discriminant AI to analyze and stratify users into groups, and develops generative AI-powered voicebots using human natural languages to interact with users. The Company’s products and services are widely used by enterprise customers in banking, consumer finance, insurance, e-commerce, automobiles, logistics, ticketing, energy, construction and other industries.

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Bairong Inc.
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