Gelonghui, May 21, 丨 Beijing Finance International (01468.HK) announced that on May 20, 2024, the company and Chain of Demand Limited (“potential partner”) signed a non-legally binding memorandum of understanding on potential cooperation in developing and promoting artificial intelligence (“artificial intelligence”) data analysis platforms and providing fintech solutions.

The company and potential partners are discussing possible ways to collaborate. The company and potential partners aim to cooperate in financing and data analysis by integrating artificial intelligence technology and fintech solutions with financial services provided by the Group. According to the proposed cooperation, in order for the Group to meet environmental, social and governance regulations and achieve the national goal of carbon neutrality by 2060, potential partners will provide the Group with artificial intelligence technology capabilities, including assisting the Group to achieve digitalization and artificial intelligence implementation. As a direct user and strategic partner, the Group will use and promote artificial intelligence analysis platforms and fintech solutions provided by potential partners to expand the Group's business scope and seize business opportunities for green financing and investment in Asia, with the aim of mitigating the risks of greening and environmental protection.