BAIWANG CO (06657) and Ant Blockchain Technology signed a "Strategic Cooperation Framework Agreement".

BAIWANG CO (06657) announced that recently, the company has signed a "Strategic Cooperation Framework Agreement" with Ant Blockchain Technology (Shanghai) Co., Ltd. (Ant Blockchain Technology). According to this agreement, the two parties will cooperate in enterprise risk identification, transaction momentum judgment, credit assistance decision-making, and related data intelligence services, to jointly explore new models of data intelligence services. According to the cooperation agreement, the company will provide data intelligence, large model reasoning, and intelligent risk control services based on real transaction data and artificial intelligence technology to Ant Blockchain Technology through API interfaces, model calls, and other methods. The services mainly cover intelligent decision support, industry chain map analysis, related transaction risk monitoring, enterprise transaction network analysis, and supply of high-quality data sets. The specific service content, functions, and technical parameters shall be subject to the annex of the cooperation agreement and specific orders confirmed by both parties. The services under the cooperation agreement will be billed on a pay-as-you-go basis, with Token as the basis for measuring and settling service usage. Both parties will regularly check the actual usage and settle the payments. For clarity, the Token under the cooperation agreement is only a unit of measurement for service resource consumption and usage, and does not involve any pre-paid or pre-recharge arrangements. The Board believes that this cooperation will help the company leverage its accumulation in corporate transaction data, commercial credit capabilities, and artificial intelligence technology, and collaborate with Ant Blockchain Technology's experience and resources in digital technology and related business scenarios to promote the application of the company's data intelligence services in scenarios such as enterprise risk insight, industry chain analysis, and intelligent decision support. The Board believes that this cooperation aligns with the company's business development direction of advancing data intelligence transformation with "Data+AI" as the core, enhancing the company's digital solution capabilities, and expanding the application scenarios of commercial credit services. The two parties intend to package the above-mentioned capabilities as callable and billable digital service credentials, which will help the company upgrade from a traditional financial and tax service provider to a data intelligence platform, optimize revenue structure, and support the company's long-term business development.