Lichen China Limited Prepared To Launch Its AI Large-scale Model Developed With JD Technology
Lichen China (NASDAQ: LICN) announced that its AI large-scale model, co-developed with JD Technology (JDT), will begin formal trial operation by the end of December 2024. The collaboration, established through a framework agreement in October 2024, combines Lichen's AI technologies with JDT's development capabilities to create a specialized model for finance, taxation, and law applications.
The model aims to assist financial personnel and entrepreneurs with routine queries and risk analysis in finance, taxation, and legal matters. JDT will make the product available to JD Mall merchants and Chinese enterprises, with expectations to serve over one million users within the first year of release.
Lichen China (NASDAQ: LICN) ha annunciato che il suo modello AI su larga scala, co-sviluppato con JD Technology (JDT), inizier脿 le operazioni di prova formale entro la fine di dicembre 2024. La collaborazione, stabilita attraverso un accordo quadro nell'ottobre 2024, combina le tecnologie AI di Lichen con le capacit脿 di sviluppo di JDT per creare un modello specializzato per applicazioni in ambito finanziario, fiscale e legale.
Il modello mira ad assistere il personale finanziario e gli imprenditori con query di routine e analisi dei rischi in finanza, tassazione e questioni legali. JDT render脿 il prodotto disponibile ai commercianti di JD Mall e alle imprese cinesi, con l'aspettativa di servire oltre un milione di utenti nel primo anno dopo il rilascio.
Lichen China (NASDAQ: LICN) anunci贸 que su modelo de IA a gran escala, co-desarrollado con JD Technology (JDT), comenzar谩 las operaciones de prueba formal a finales de diciembre de 2024. La colaboraci贸n, establecida a trav茅s de un acuerdo marco en octubre de 2024, combina las tecnolog铆as de IA de Lichen con las capacidades de desarrollo de JDT para crear un modelo especializado en aplicaciones de finanzas, impuestos y derecho.
El modelo tiene como objetivo ayudar al personal financiero y a los emprendedores con consultas rutinarias y an谩lisis de riesgos en finanzas, impuestos y asuntos legales. JDT har谩 que el producto est茅 disponible para los comerciantes de JD Mall y las empresas chinas, con la expectativa de atender a m谩s de un mill贸n de usuarios en el primer a帽o tras su lanzamiento.
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鞚� 氇嵏鞚� 旮堨湹, 靹鸽 氚� 氩曤 氍胳牅鞐� 雽�頃� 鞚检儊鞝侅澑 歆堧瓿� 鞙勴棙 攵勳劃鞚� 觳橂Μ頃樀鐢 雿� 鞛堨柎 旮堨湹 歆侅洂瓿� 旮办梾臧�毳� 歆�鞗愴晿电� 瓴冹潉 氇╉憸搿� 頃╇媹雼�. JDT电� JD Mall 靸侅澑 氚� 欷戧淡 旮办梾鞐� 鞚� 鞝滍拡鞚� 鞝滉车頃� 鞓堨爼鞚措┌, 於滌嫓 觳� 頃挫棎 氚彪 氇� 鞚挫儊鞚� 靷毄鞛愲ゼ 歆�鞗愴暊 瓴冹溂搿� 旮半寑頃橁碃 鞛堨姷雼堧嫟.
Lichen China (NASDAQ: LICN) a annonc茅 que son mod猫le d'IA 脿 grande 茅chelle, co-d茅velopp茅 avec JD Technology (JDT), commencera ses op茅rations d'essai formel d'ici la fin d茅cembre 2024. La collaboration, 茅tablie par un accord-cadre en octobre 2024, combine les technologies d'IA de Lichen avec les capacit茅s de d茅veloppement de JDT pour cr茅er un mod猫le sp茅cialis茅 pour des applications dans le domaine de la finance, de la fiscalit茅 et du droit.
Ce mod猫le vise 脿 aider le personnel financier et les entrepreneurs avec des questions courantes et des analyses de risque dans les domaines financier, fiscal et juridique. JDT mettra le produit 脿 la disposition des commer莽ants de JD Mall et des entreprises chinoises, avec l'espoir de servir plus d'un million d'utilisateurs au cours de la premi猫re ann茅e suivant sa sortie.
Lichen China (NASDAQ: LICN) gab bekannt, dass sein KI-Modell in gro脽em Ma脽stab, das in Zusammenarbeit mit JD Technology (JDT) entwickelt wurde, bis Ende Dezember 2024 mit den formalen Testoperationen beginnen wird. Die Kooperation, die im Oktober 2024 durch eine Rahmenvereinbarung gegr眉ndet wurde, kombiniert die KI-Technologien von Lichen mit den Entwicklungskapazit盲ten von JDT, um ein spezialisiertes Modell f眉r Finanz-, Steuer- und Rechtsanwendungen zu schaffen.
Das Modell hat zum Ziel, Finanzfachleuten und Unternehmern bei routinem盲脽igen Anfragen und Risikoanalysen in Finanz-, Steuer- und Rechtsangelegenheiten zu helfen. JDT wird das Produkt den H盲ndlern von JD Mall und chinesischen Unternehmen zur Verf眉gung stellen, mit der Erwartung, im ersten Jahr nach der Ver枚ffentlichung 眉ber eine Million Benutzer zu bedienen.
- Strategic partnership with major tech company JD Technology
- Access to JD Mall's merchant base for product distribution
- Projected user base of over 1 million within first year
- Expansion into AI-powered financial services market
- None.
Insights
The collaboration between Lichen China and JD Technology to develop an AI large-scale model for finance, taxation and law represents a significant technological advancement in the B2B service sector. The model's integration into JD Mall's merchant ecosystem creates a substantial distribution channel, potentially reaching millions of businesses. However, the announcement lacks important details about the model's capabilities, competitive advantages, or revenue-sharing structure. While the projected user base of one million within a year is ambitious, it's worth noting that JD.com's extensive merchant network could make this achievable. The success will largely depend on the model's accuracy, ease of integration and ability to handle complex financial and legal queries effectively.
This strategic partnership could significantly enhance Lichen China's market position and revenue streams. By leveraging JD Technology's extensive network and technological infrastructure, Lichen can potentially scale its services rapidly across China's vast SME market. The AI model's focus on finance, taxation and law addresses critical pain points for businesses, potentially creating a sticky product with recurring revenue potential. However, investors should note that the announcement doesn't include financial projections, pricing models, or implementation costs. With a relatively small market cap of
In October 2024, the Company entered into a cooperation framework agreement听with JDT at the JD headquarters in
Mr. Li Ya, Chairman of Lichen China, stated, "Upon the launch of the new AI large-scale model for finance, taxation,听and law, it will not only assist financial personnel in answering routine questions regarding finance, taxation and law but also address the corresponding issues faced by entrepreneurs. It will effectively contribute to enhancing the management efficiency of enterprises in the aspects of finance, taxation and law and analyzing associated risks. This product will be made available by JD Technology for the merchants on JD Mall as well as a large number of Chinese enterprises. We anticipate that it will serve over one million users within one year after its official release."
About Lichen China Limited
Lichen China Limited focuses on providing financial and taxation solution services, education support services, and software and maintenance services under its "Lichen" brand. In recognition of the Company's expertise and experience in the financial and taxation solution services industry for over 18 years, the Company has built up its reputation as a dedicated financial and taxation solution services provider of professional and high-quality services in
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and in its other filings with the
For more information, please contact:
Tian Sun
Phone: +86-0592-5586999
Email: ir@lichenzx.com听
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SOURCE Lichen China Limited
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