Zhitong Finance App News, Shoucheng Holdings (00697) issued an announcement. Recently, funds managed by Shoucheng Capital's subsidiary (a wholly-owned subsidiary of the Company) of the Group invested in Shanghai Yuanhuan Intelligent Technology Co., Ltd. (Yuanhuan Intelligence). This investment will effectively empower the invested enterprises to promote the iterative upgrading of core products and staff team expansion, and further accelerate the implementation process of application scenarios.
Yuanhuan Intelligence is committed to building an artificial intelligence metamodel technology system that can verify the effectiveness of model architectures, data systems and training methods, and provides systematic solutions to the traditional AI R&D industry's pain points such as high computing power consumption, high labor costs, low iterative efficiency, and insufficient interpretability. This investment will inject strong development momentum into key areas such as core technology R&D iteration and talent reserves, help Yuanhuan Intelligence continue to optimize the R&D platform in the field of artificial intelligence metamodel technology, and further accelerate the commercialization process of various application scenarios.
In the future, the Group will unswervingly continue to increase its investment layout in cutting-edge technology, deepen strategic cooperation with high-quality enterprises in segmented industries, continue to deepen model-side layout and expand upstream data and computing power through capital empowerment and industry collaboration, and further expand into the frontier field of AI underlying technology research and development to help China's artificial intelligence industry achieve high-quality development.