New Continent: Holding subsidiary Guotong Xingyi and Alibaba Cloud signed a deep cooperation agreement.

New Continent Announcement: Holding subsidiary Guotong Xingyi signed a deep cooperation agreement with Alibaba Cloud, integrating complementary resources to advance AI large model and public cloud cooperation projects, exploring the technical application of large models in payment industry marketing, risk control, and other scenarios. Both parties will jointly develop new products or services based on AI large models to enhance industry technical capabilities and competitiveness. The agreement is valid for one year, with no specific cooperation projects or timelines currently set.