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Morgan Stanley's China – AI: The Sleeping Giant Awakens Report Released! Bairong Selected as a Typical Case of AI Applications

Recently, leading global investment bank Morgan Stanley (MS) released its report China – AI: The Sleeping Giant Awakens, highlighting that China is driving large-scale industrial transformation through AI, turning constraints into opportunities and transitioning from technological accumulation to industrial breakthroughs. Amid this global paradigm shift, Bairong, a leading AI technology enterprise, has emerged as a "pioneer of awakening" in AI applications with its leading AI technology implementation capabilities. The Company was named to Morgan Stanley's "China AI 60" list, with its technological roadmap and industry practices recognized as a model example of AI application in China.

Morgan Stanley’s Perspective: The Unique Path of China’s AI Development

The report emphasizes that China’s AI development has followed an "efficiency-driven" path distinct from the U.S. by focusing on integrating infrastructure, data, talent, and innovation, and building a robust AI ecosystem through government support, massive investments, and talent reserves. China’s top-down strategy combines strategic planning, ecosystem building, standard-setting, and industry-specific innovation with its existing strong infrastructure. Rather than merely pursuing the most powerful AI capabilities, China prioritizes bringing AI to market, influencing the AI ecosystem, and shaping AI standards. This approach has enabled China to achieve significant technological progress while making rapid breakthroughs in commercial applications.

Morgan Stanley’s "China AI 60" identifies companies leading in AI adoption, innovation, investment, and market presence. As value shifts from AI hardware to AI applications, China has successfully brought AI applications to market and is driving industry transformation. Companies with proprietary data can make outsized returns, particularly those capable of building tokens-per-second services, while the “picks and shovels” (enablers) have passed the peak of large-scale buildout.

Bairong's Breakthrough Logic: Deeply Cultivating AI to Create Industrial-Grade Intelligent Applications

Since its establishment in 2014, Bairong has continuously explored new frontiers and innovated in the field of AI technology. The Company began with a focus on discriminant AI, using machine learning algorithms to build intelligent decision models (MaaS: Model as a Service), and launching its AI application journey in the financial sector. In 2017, the Company, with foresight, invested in the research and development of generative AI. In 2018, it launched the first generation of intelligent voice interaction products and successfully applied them to its BaaS (Business as a Service) business. By 2021, the Company's BaaS business had achieved large-scale commercial monetization serving more than 7,000 institutional clients across a wide range of sectors including banking, consumer finance, insurance, e-commerce, automotive, logistics, and cosmetics.

Bairong has created a suite of high-performance AI foundation tools, such as the Bairong large model BR-LLM, which supports deep fine-tuning of tens of billions of parameters; the intelligent voice product VoiceGPT, which provides "human-level" AI dialogue interactions; the enterprise-level intelligent platform CybotStar, which solves the implementation and application of large models in client business scenarios; and the privacy computing platform Indra, which supports enterprise data security. These tools not only improve product performance but also help business upgrade operations with greater efficiency. The Company has accumulated more than 300 patents and software copyrights, covering critical areas such as artificial intelligence, machine learning, privacy computing, human-machine collaboration, and multimodality.

China's AI has risen from follower to leader. Starting with financial scenarios, Bairong leverages its advanced model development capabilities, industry-specific data, and over 10 years of accumulated industry know-how to create flagship AI products covering the full lifecycle of vertical industries. Bairong continuously innovates business models, breaks through client pain points, and has become a critical force in moving AI from the laboratory to large-scale industrial applications. As the world focuses on how AI can generate real value, Bairong has completed the large-scale implementation of AI applications in client demand scenarios.

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 VoiceGPT 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.

For more information, please visit: http://ir.brgroup.com

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking" statements. These forward-looking statements can be identified by terminologies such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and the negative of these words and other similar expressions or statements. Bairong may also make written or oral forward-looking statements in its periodic reports to the HKEx, in its annual and interim reports to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about Bairong's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including but not limited to the following: Bairong's strategies, future business development, and financial condition and results of operations; Bairong's limited operating history; risks associated with the financial service industry, Bairong's ability to develop and deliver services of high quality and appeal to clients; Bairong's ability to generate positive cash flow and profits; Bairong's ability to compete successfully; Bairong's ability to build its brand and withstand negative publicity; and changes in client demand and government incentives, subsidies, or other favorable government policies. Further information regarding these and other risks is included in Bairong's filings with the HKEX. All information provided in this press release is as of the date of this press release, and Bairong does not undertake any obligation to update any forward-looking statements, except as required under applicable laws.

For investor inquiries, please contact:
Bairong Inc.
Ms. Sandy Qin, CFA, CMA, FCG HKFCG
Email: ir@brgroup.com

For media inquiries, please contact:

Bairong Inc.

Email: brmarketing@brgroup.com

SOURCE Bairong Inc.