On September 12th, 2024, the China International Fair for Trade in Services (CIFTIS) opened in Beijing. At the 6th China Financial Technology Forum of CIFTIS, Wu Haisheng, CEO of Qifu Technology, comprehensively and deeply elaborated on Qifu Technology's achievements in technological innovation and the company's efforts to promote financial service innovation and support high-quality development of the real economy. He stated that self-developed core technologies are an important cornerstone for the long-term development of fintech companies. Since its establishment, Qifu Technology has continuously invested huge R&D funds and formed a R&D team of over a thousand people, including more than a hundred people dedicated to the research of AI large-scale models. The company has applied for 960 patents and owns over 80 copyrights. In addition, Qifu Technology also recruits and cultivates scientific and technological talents through various means such as co building an artificial intelligence joint laboratory with Shanghai Jiao Tong University and settling in the Shanghai Putuo District Postdoctoral Innovation Practice Base.
According to Wu Haisheng, Qifu Technology upgraded its "360 IOU" to a multi scenario application of "Qifu IOU" that integrates intelligent technology in August this year, allowing advanced AI big model technology products to truly benefit financial institutions, small and micro enterprises, and users.
At the same time, Qifu Technology has launched its technology integrated product FocusPRO, which is a digital inclusive credit solution tailored for banks and financial institutions. It is reported that FocusPRO provides comprehensive service support for institutions, including professional consulting, financial traffic acquisition, precision marketing, etc., effectively solving the pain points of small and medium-sized financial institutions in the process of digital transformation. Its online and offline integrated three-stage small and micro business loan product not only provides an efficient online loan experience, but also solves the problems of small online loan amounts and low approval rates, effectively meeting users' operational funding needs.