Qifu Technology. Inc ADR Class A (QFIN.US) participates in the opening ceremony of the Shanghai Lujiazui Finance & Trade Zone Development Forum: Using smart technology to support the construction of Shanghai as a financial and technological innovation center.

On June 18, the 2025 Shanghai Lujiazui Finance & Trade Zone Development Forum, hosted by the Shanghai Municipal Government, the People's Bank of China, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission, opened in Shanghai with the theme of "Financial Openness and Cooperation and High-Quality Development in the Global Economic Transformation". The forum brought together senior government and financial regulatory leaders, financial industry leaders, and renowned experts and scholars from around the world. Qifu Technology Inc. ADR Class A (QFIN.US) CEO Wu Haisheng was invited to attend the opening ceremony of the forum. The Shanghai Lujiazui Finance & Trade Zone Development Forum focused on eight major themes to promote the establishment of a world-class financial center in Shanghai with global resource allocation capacity and rule influence to support China's modernization. One of the key topics of the forum was "Artificial Intelligence Empowering Financial Reform and Innovation: Opportunities and Challenges", which discussed the profound impact of artificial intelligence technology on promoting financial product innovation, optimizing financial service methods, improving risk management efficiency, as well as the profound impact of rapid iteration of AI technology on financial industry practices. As a global financial center and AI hub, Shanghai provides multidimensional support in terms of policies, technology, capital, scenarios, and internationalization for financial technology companies to create a favorable environment for innovation. Qifu Technology Inc. ADR Class A, as a Shanghai-based company focusing on financial technology, has been strategically oriented towards leveraging AI technology to assist in the intelligent transformation of banks, injecting local technological dynamism into the construction of Shanghai as an international financial center. At the same time as the Shanghai Lujiazui Finance & Trade Zone Development Forum, Qifu Technology Inc. ADR Class A showcased its latest credit intelligence technology achievements to domestic and foreign Financial Institutions, Inc. at the China International Finance Expo. Currently, the global financial industry is undergoing profound changes driven by AI technology, as the traditional banking model is unable to meet the diversified needs of customers, and the transformation to intelligent banking has become an inevitable trend. Qifu Technology Inc. ADR Class A's Credit Super Intelligence comprises modules such as end-to-end credit decision intelligence, credit assessment for micro and small enterprises, AI compliance assistant, AI decision assistant, and AI approval officer, achieving business expert-level intelligent decision-making performance. The Qifu Credit Super Intelligence has multi-step planning, memory, and reflection mechanisms, interactive real-world scenarios, continuous learning, and strategic evolution, aiming to reconstruct financial service processes and enhance the efficiency and quality of financial services. As a local enterprise in Shanghai, Qifu Technology Inc. ADR Class A has benefited from the "Five Articles" of the Central Financial Work Conference, and with the support of a favorable business environment and government support, its business has steadily developed. Since its establishment, it has continuously invested significant funds in research and development, forming a research and development team of over a thousand people, with hundreds focusing on the integration of AI technology and finance. Currently, the company has applied for 961 patents, owns more than 80 copyrights, and has published multiple papers at top international conferences such as INTERSPEECH, ICASSP, and AAAI. The company's new headquarters in Putuo District, Shanghai, is about to be completed and will integrate Shanghai office areas to establish a thousand-people production and research center, creating a hub for financial technology innovation. Yang Tao, Deputy Director of the National Finance and Development Laboratory at the Chinese Academy of Social Sciences, pointed out that the development of AI large models is facing new opportunities, including the "technology anxiety" of the digitization upgrade of the financial industry, the maturity of the three elements of technology, regulation, and customer demand, the continuous improvement of data, algorithms, and computing power, the intelligent services introduced by many service providers, and the demonstration effect of excellent cases in the financial industry, driving the continuous improvement of the innovative cooperation ecosystem built by Financial Institutions, Inc., technology companies, research institutions, and other parties. Qifu Technology Inc. ADR Class A stated that the company will continue to root itself in Shanghai, increase its research and development and investment in artificial intelligence technology, promote the iterative upgrading of China's financial intelligence, and actively fulfill its corporate responsibility through technological innovation to help achieve the goal of building Shanghai as an international financial center.