Jingbeifang stated in an institutional survey that during the reporting period, the company officially established a wholly-owned subsidiary in Hong Kong, aiming to build a cross-border technology collaboration platform to serve diverse client groups, including banks, securities firms, and funds. Currently, the company has signed business cooperation agreements with multiple overseas institutions, accelerating the implementation of its global expansion strategy. Going forward, the company will focus on expanding the application of AI agents in various financial business scenarios, including marketing, risk control, and operations. Furthermore, in the fields of blockchain and smart contracts, by integrating privacy-preserving computing with quantum encryption technology, the company will continue to explore business opportunities in areas such as digital asset management, cross-border payments, and supply chain finance, aiming to build a secure and efficient financial infrastructure ecosystem.