On the one hand, it is a global 5G leading enterprise, on the other hand, it is a joint-stock commercial bank with good strength. The talks between ZTE and Zheshang Bank seem to indicate that another smart financial drama is about to be staged.
Enterprising Zheshang Bank
Accompanied by Zhu, vice president of ZTE, Zhang Rongsen, president of Zheshang Bank, and his party visited the exhibition hall of ZTE headquarters to learn more about the global 5G progress, the development history of ZTE, the patents and strengths obtained, and the industrial application of cutting-edge technologies such as 5G.
During the discussion, Zhang Rongsen introduced the basic situation of Zheshang Bank and the development strategy of its five business segments. Zhang Rongsen said that Zheshang Bank is a high-quality commercial bank with solid foundation, excellent benefits, rapid growth and perfect risk control. In the first half of 2002/kloc-0, the operating income was 25.903 billion yuan, up 3.02% year-on-year, and it achieved its own high-quality development in effectively serving the real economy. At the same time, Zhang Rongsen also expressed his intention of close cooperation and full trust in both companies, and looked forward to in-depth cooperation for each other's customers, strengthening cooperation and exploration in the field of financial technology, continuing to promote the integrated application of products such as databases, and further consolidating data security.
It is worth noting that Zheshang Bank has made some achievements in strengthening the innovative application of financial technology in recent years. At present, an online financial service system consisting of online banking, mobile banking, telephone banking, WeChat banking and self-service banking has been formed. In the first half of 2002/kloc-0, the replacement rate of electronic channel transactions reached 99.70%, which was at the leading level in the industry. Therefore, whether Zheshang Bank's visit to ZTE this time means that it will continue to deepen its field in technology and finance and become the focus of attention.
Zte helps financial digitalization.
What is also talked about by the outside world is ZTE's continuous efforts and achievements in financial business in recent years.
During the exchange, Mars, Executive Vice President and Chief Financial Officer of ZTE, introduced the development of ZTE in the financial industry to the guests. In the first half of 200210, ZTE achieved an operating income of 53.07 billion yuan, a year-on-year increase of 65.438+02.4%, double-digit growth at home and abroad, and continuous improvement in profitability. At the same time, regarding the plan to start comprehensive strategic cooperation between the two parties, Zhu said that ZTE is willing to join hands with Zheshang Bank to carry out comprehensive cooperation in financial business and financial technology, * * * to create a complete end-to-end smart financial solution, work together to accelerate the construction of a new pattern of cooperation and development between the two parties, and comprehensively help the innovative development of financial technology with core technical capabilities.
Empowering the financial sector through technological innovation, ZTE has been at the forefront of China and has led many banks to realize digital transformation and upgrading. The classic case is that ZTE GoldenDB distributed database took the lead in completing the core system replacement of CITIC Bank, a large commercial bank, in 20 19. At present, ZTE's GoldenDB distributed database has been put into operation in the core business systems of large commercial banks, large financial institutions and city commercial banks for more than three years, carrying 300 million users, with an average daily transaction of 300 million transactions, and the cumulative transaction exceeds 10 trillion, helping financial institutions successfully pass online examinations such as the "Double Eleven". This not only verifies that the domestic distributed database can fully meet the needs of the core business system of the domestic financial industry, but also reflects ZTE's own super R&D and operational strength in technology and finance.
Financial technology has unlimited prospects.
It is understood that the high-level interaction between ZTE and Zheshang Bank has achieved certain results.
The two sides unanimously stated that they will establish a long-term strategic partnership, carry out in-depth and extensive cooperation, connect with various sub-sectors as soon as possible, sign a comprehensive strategic cooperation agreement, create new demands in line with the development of Internet information technology and the new trend of customer value, accelerate the application of financial technology, explore new application scenarios, develop industrial cooperation in the digital economy, and build a benchmark for industrial digital upgrading and transformation.
Financial technology is the core element of financial digital transformation and upgrading. In the future, banks need the help of financial technology if they want to achieve a virtuous circle of sustainable development. Relying on the advantages of existing technology and the strong innovation of 5G, ZTE's future financial technology practice with Zheshang Bank is undoubtedly worth looking forward to, and whether ZTE will take this as a breakthrough and bring important financial technology products again is also worth our imagination.