[ET Net News Agency, 28 July 2021] Newlink Technology Inc. (09600) said Beijing Newlink
Technology Co., Ltd., a wholly-owned subsidiary of the company, has recently entered into
a cooperation framework agreement with ICBC Information and Technology Co., Ltd. (ICBC
Technology), a wholly-owned subsidiary of Industrial and Commercial Bank of China Limited
(ICBC). The parties shall jointly complete project research, innovative R&D and market
expansion by giving full play to their respective advantages in the industry and
technology in the fields of cooperation based on the principles of "building on existing
strengths, promoting mutual benefits, maintaining long-term cooperation and achieving
win-win results".
The parties will establish partnership in the field of artificial intelligence with
complementary advantages in basic capabilities such as RPA, intelligent Q&A, intelligent
recommendation and knowledge graphs. Based on ICBC Technology's AI research capabilities
and basic products such as intelligent Q&A, intelligent recommendation and knowledge
graphs as well as the group's capabilities in product innovation and customer base in the
area of RPA, the parties will offer integrated AI solutions, innovative products and
technology services to customers in financial and medical industries (such as ICBC) and
governmental entities to jointly promote the implementation of AI application scenario and
jointly create value for industrial customers by combining the product advantages of both
parties. (RC)