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IGC Continues to Promote Artificial Intelligence Strategic Transformation by “Know-how Driven + Innovative Cooperation Mannequin”


HONG KONG SAR –
Media OutReach Newswire – 31 October 2024 –
Worldwide Genius Firm (“IGC“, inventory code: 0033.HK) is happy to launch its annual report for the 12 months ended 30 June 2024 (the
“Yr beneath Evaluation“). In the course of the Yr beneath Evaluation, IGC has been constantly selling strategic transformation by two engines: “know-how pushed + revolutionary cooperation mannequin”. IGC goals to turn out to be a man-made intelligence buying and selling know-how resolution supplier and has achieved exceptional milestones and progresses.

In the course of the Yr beneath Evaluation, IGC mixed superior know-how with market insights to redefine monetary asset buying and selling by synthetic intelligence. IGC has enhanced its capabilities in synthetic intelligence buying and selling know-how analysis and improvement (“R&D“) and product improvement operations by profitable strategic acquisition of Deep Neural Computing Firm Restricted (“DNCC“) and rent of top-tier know-how R&D consultants and worldwide monetary buying and selling skills. With revolutionary cooperation fashions, IGC has joined arms with well-known monetary establishments, accelerating the large-scale commercialization of synthetic intelligence-driven buying and selling know-how. Moreover, IGC actively promotes sustainable improvement by optimizing company governance constructions and actively collaborating in charity, reaching an improve in ESG scores.

Strategic Transformation Driven by Profitable Strategic Acquisition

On 22 March 2024, IGC accomplished the acquisition of DNCC, a number one R&D and utility firm specializing in synthetic intelligence, deep neural networks, distributed computing, and quantitative buying and selling algorithms. DNCC boasts a workforce of consultants with years of expertise in AI analysis improvement. It’s an authorized supervisor within the British Virgin Islands, which permits it to act as supervisor or advisor to funding funds, providing a spread of companies together with technical help by cutting-edge know-how, distributed neural community algorithms, and strong danger management modules. This acquisition has strengthened IGC’s capabilities in funding administration, particularly within the fields of synthetic intelligence-driven funding methods and quantitative buying and selling.

With the completion of the acquisition of DNCC, IGC has efficiently expanded its tech-driven funding administration enterprise, constructing a complicated, mature synthetic intelligence buying and selling know-how system with neural networks and distributed computing as its core, and constantly exploring this market. Up to now, IGC has developed buying and selling algorithms primarily based on machine studying and deep studying, able to providing purchasers personalized, one-stop, scalable synthetic intelligence buying and selling know-how options and has efficiently commercialized them in forex and different worldwide monetary transactions, forming a powerful aggressive benefit within the international market.

The worldwide AI-driven asset administration business is rising quickly. The worldwide algorithmic buying and selling market is anticipated to attain US$42.99 billion by 2030, with a compound annual development price of 12.2%. Using on the pattern, with superior synthetic intelligence buying and selling options, IGC will embrace a lightweight future with excessive development potential.

Prime Expertise Joins to Enhance Innovation Functionality

In the course of the Yr beneath Evaluation, IGC has efficiently invited prime skills to be a part of, with purpose to improve its capabilities in synthetic intelligence R&D and worldwide monetary buying and selling market. The consultants deliver sturdy momentum for IGC’s steady technological innovation.

Dr. He Xiaobin, a famend economist, serves as Govt Director & Chief Economist of IGC. With over 30 years of working expertise in futures funding and company compliance, Dr. He has intensive monetary data and administration expertise. Earlier than becoming a member of IGC, Dr. He served because the Director of the Futures Supervision Division of the Shanghai Securities Regulatory Bureau of the China Securities Regulatory Fee (中國證監會上海證監局期貨監管處處長), and the Deputy Director of the Useful resource and Vitality Division of the Shanghai Municipal Planning Committee (上海市計劃委員會物資能源處副處長).

Dr. He additionally served because the Chairman of Guotai Junan Futures (國泰君安期貨), the Secretary to the Board of Administrators of Guotai Junan Securities (國泰君安證券), the President of Guotai Junan Asset Administration (國泰君安資產管理公司), the Chief Economist of Huaxin Securities (華鑫證券) and the Chairman of Huaxin Futures (華鑫期貨), Director of the China Chief Economist Discussion board (中國首席經濟學家論壇), a member of the Chief Economist Committee of the Securities Affiliation of China (中國證券業協會) and Director of Shenergy Co., Ltd. (an organization listed on the Shanghai Inventory Alternate, inventory code: 600642). Dr. He’s entitled to particular allowance from the State Council of the Folks’s Republic of China and was chosen as one of many prime ten monetary business leaders in Shanghai.

Professor Yin Hongzhi, main professional in knowledge mining and evaluation, serves as Chief Guide of IGC. He’s the Director of the Large Knowledge Intelligence Lab at The College of Queensland, Australia (A prime 50 international college) and was named to Subject Chief of Knowledge Mining & Evaluation in The Australian’s Analysis 2020 journal. He was additionally featured amongst AMiner Prime 100 in Knowledge Mining in 2022 and 2023 in addition to ” Lifelong Scientific Affect Listing “, and “Annual Scientific Affect Listing” among the many World’s Prime 2% Scientists printed by Stanford College in 2021 and 2022.

Dr. Guanhua Ye, a younger scholar with a excessive profile in synthetic intelligence, serves because the Chief Algorithm Researcher at DNCC. As the primary creator, he has printed many high-impact papers in top-tier journals, with a cumulative impression issue of over 20.

Ms. Fong Man Julisa (“Ms. Fong“) was appointed as an impartial non-executive Director on 24 July 2024. Ms. Fong has over 27 years of expertise in company finance transactions, together with mergers and acquisitions, preliminary public choices and fairness syndication. She has held senior administration positions in numerous well-known monetary establishments and has a deep understanding and insightful insights into the norms and improvement developments of the monetary business. She has wonderful management abilities in company technique, danger administration and company governance.

Innovative Cooperation Mannequin with Nicely-known Establishments

So as to enhance the general funding expertise and cooperation effectivity, IGC improves the cooperation mannequin with purchasers. Whereas authorizing synthetic intelligence buying and selling algorithms to purchasers, we collectively talk about funding methods and price constructions, then customise product constructions in accordance to buyer wants to present high-quality buying and selling merchandise with superior funding methods at a low value. The revolutionary cooperation mannequin not solely reduces dangers and cooperation thresholds, considerably growing purchasers’ belief and willingness to cooperate with IGC, but in addition gives purchasers with higher-quality companies and diversified product choices, maximizing the worth for each events.

On 17 June 2024, IGC entered right into a memorandum of understanding (the “MOU“) with Saxo Capital Markets HK Restricted (“Saxo HK“), a subsidiary of Saxo Financial institution, one of many world’s largest built-in buying and selling platforms. The MOU goals to set up a framework for cooperation that encourages and facilitates bilateral technical collaboration on the problems of buying and selling know-how licensing and asset administration cooperation, reaching a deep integration of synthetic intelligence buying and selling know-how and monetary enterprise.

On 11 July 2024, DNCC, a completely owned subsidiary of IGC, signed a Cooperation Framework Settlement with Confiprosper Fintech Restricted (“CFL” and its affiliated companions, the “CFLs“), aimed toward leveraging IGC’s experience in algo-trading know-how to improve asset administration companies supplied by CFLs.

The profitable cooperation with famend establishments marks the commercialization of IGC’s synthetic intelligence buying and selling know-how, verifying its sensible utility worth and market potential. IGC will perform in-depth cooperation with extra monetary establishments to create worth for purchasers and additional promote the large-scale utility of IGC’s synthetic intelligence buying and selling know-how.

ESG Ranking Improve with Extra Sustainable Improvement Efforts

In the course of the Yr beneath Evaluation, Wind, a number one monetary knowledge, data, and software program companies Firm in mainland China, launched IGC’s newest ESG score report, upgrading from BB to BBB with a rating of 5.95 in governance (G), considerably higher than the business common of 5.32. IGC’s effort on ESG has been acknowledged by the market.

To realize high-quality strategic transformation, IGC launched senior administration skills with various business backgrounds. In July 2024, Ms. Fong, who has over 27 years of expertise in company finance and transaction, was appointed as Impartial Non-Govt Director of IGC to enhance the corporate’s governance to a brand new degree. On the similar time, IGC continues to optimize its governance construction and construct a framework to help sustainable improvement by enhancing data disclosure programs, strengthening danger administration and different measures to guarantee the corporate’s compliance, transparency and environment friendly operations.

Whereas IGC continues to innovate and develop itself, it strives to give again to society. IGC actively participates in social welfare undertakings, demonstrating its social accountability and dedication to convey constructive values. IGC strongly helps youth development training by the implement the ” Hundred Colleges in Three Years”(「三年百校」) mission launched in 2023 with Smile Charity Basis. The mission gives educating supporting tools and emergency help to faculties in distant areas with the aim of making equal and high-quality academic circumstances.

Artificial Intelligence Buying and selling Know-how Options Supplier

With the assumption in “Know-how Leads Buying and selling Innovation”, IGC has achieved exceptional milestones throughout the Yr beneath Evaluation with profitable transformation into a man-made intelligence buying and selling know-how options supplier. IGC mixed superior know-how with market insights to redefine monetary asset buying and selling by synthetic intelligence. Sooner or later, IGC will proceed to leverage know-how and innovation for development, enhance funding in synthetic intelligence and associated applied sciences, speed up the iterative computation of synthetic intelligence algorithms and their large-scale utility in international monetary buying and selling, creating worth for extra clines, and additional enhancing IGC’s competitiveness within the international market.

Hashtag: #InternationGeniusCompany #IGC

The issuer is solely answerable for the content material of this announcement.



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