R&D Center August 11, 2023

Zhijiang-Yijing Database Technology R&D Center Officially Established

On the morning of June 24, 2022, the cooperation signing ceremony between Hangzhou Yijing Shutong Technology Co., Ltd. (hereinafter referred to as 'Halo Tech') and Zhejiang Zhike Wisdom Technology Co., Ltd. (referred to as 'Zhike Wisdom') was grandly held at the Zhijiang Laboratory building in the China Artificial Intelligence Town. Leaders from both sides attended the signing ceremony, including Li Rongliang, Vice President of Zhike Holding and Chairman of Zhike Wisdom; Cui Guangfei, Vice General Manager of Zhike Wisdom; Zhu Weiping, Chairman of Halo Tech; Zhang Chenxi, Vice General Manager of Halo Tech; and Wang Yufei, Vice General Manager of Halo Tech.

At the signing ceremony, Mr. Li Rongliang, Vice President of Zhike Holding and Chairman of Zhike Wisdom, first briefly introduced the overall development of Zhijiang Laboratory and Zhike Wisdom. Zhike Wisdom is a technology holding subsidiary of Zhijiang Laboratory, leveraging the laboratory's talent and technological advantages in five major areas: intelligent computing, artificial intelligence, intelligent perception, intelligent networking, and intelligent systems. It provides innovative applications in the digitalization process of industries such as transportation, healthcare, education, and tourism, assisting in digital and intelligent transformation across sectors, empowering industry development, driving industrial upgrading, and leading the new era of digital intelligence. He expressed a willingness to further establish multi-level, multi-domain strategic partnerships and jointly operate the 'Zhijiang-Yijing Database Technology R&D Center' well.

Mr. Zhu Weiping, Chairman of Halo Tech, stated that they are very grateful for the recognition and support from Zhijiang Laboratory and Zhike Wisdom. Halo Tech was founded by several seasoned professionals with years of deep cultivation in financial systems and cloud computing. Leveraging profound industry experience and technology, combined with its self-developed database product (Xihe Database, Halo Database), the founding team successfully completed the replacement of the Oracle database for the first core business system in the insurance industry in 2020, receiving unanimous praise from within the industry, outside the industry, and regulatory agencies. In 2021, Halo Tech was formally established, and the Halo database series products were launched, embarking on the vast journey of the database industry. The company focuses on database product R&D, commits to technological research and breakthroughs in the database field, and aspires to become a leading database technology company in China, and even the world. Leveraging the team's rich experience in business system development and implementation in the financial industry, especially in areas like banking, insurance, and securities, it provides complete end-to-end service solutions from the business side to the product side.

Subsequently, Mr. Meng Guangfei, Vice General Manager of Zhike Wisdom, stated that both parties have reached a deep consensus on strategic cooperation and look forward to continuously breaking new ground with Halo Tech in the field of domestic database innovation, mastering core technologies to ensure autonomy and control.


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