Ant Group Co., Ltd. and China Zheshang Bank Co.,Ltd. Reach Strategic Cooperation Agreement to Co-create Digital-Intelligent Financial Ecosystem

Deep News
Sep 12

Ant Group Co., Ltd. and China Zheshang Bank Co.,Ltd. signed a strategic cooperation agreement on the afternoon of September 12, announcing their collaboration in fintech, basic technology, corporate finance, retail finance, financial markets, and inclusive finance. The partnership will advance AI intelligent agent construction and applications, large model defense, distributed microservice systems, databases and other fintech initiatives, as well as business cooperation in wealth management, small and micro loans, and supply chain finance to jointly build a digital-intelligent financial ecosystem.

Guo Dingfang, Party Committee Member and Chairman of the Board of Supervisors at China Zheshang Bank Co.,Ltd., stated, "In the future, we will join hands with leading technology companies like Ant to continuously promote the integration of artificial intelligence technology into the bank's core business processes, customer services, risk management, and operational decision-making. This will comprehensively reshape the bank's business model, service scenarios, product design, and internal operations, forming a new digital banking ecosystem."

Zhao Wenbiao, Senior Vice President of Ant Group Co., Ltd. and CEO of Ant Digital Technologies, expressed, "This cooperation will further leverage the advantages of both parties in their respective fields. Ant Group Co., Ltd. will continue to uphold its 'AI First' strategy and jointly explore and practice innovative applications of AI technology with China Zheshang Bank Co.,Ltd., promoting the construction of a digital-intelligent ecosystem and creating greater value for the industry and users."

According to reports, Ant Group Co., Ltd.'s digital technology solutions are currently deeply involved in upgrades across multiple industries. Ant Digital Technologies' AI business, powered by industry large model technology and trusted intelligent agent technology as dual engines, is providing full-stack solutions from industry models and AI platforms to upper-layer applications. In the financial sector, Ant Digital Technologies has cumulatively served 100% of state-owned joint-stock banks, over 60% of city commercial banks, and hundreds of financial institutions.

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