This year, we actively change and dare to innovate.
This year, we optimize processes and improve efficiency.
This year, we focus on the core and strengthen our advantages.
Looking back on 2024, we shine in our struggle, show more resilience in our exploration, and gain more confidence in our harvest. These valuable experiences have enabled us to achieve significant accomplishments in multiple fields of financial regulatory technology.
Product Innovation
In 2024, we moved forward with steady steps in a changing environment. We actively embraced new things, new methods, and new technologies, obtaining 91 software copyrights and 2 invention patents. we valued product research and development innovation, closely followed market demands, and built a diversified product matrix. Over 60 categories of regulatory compliance products can fully meet the diverse needs of financial institutions. This year, we empowered regulatory compliance with a forward-looking perspective and promoted the development of the financial industry with intelligent technology.
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The credit reporting products have achieved multiple domestic compatibility adaptations
The credit reporting products have successfully completed multiple domestic compatibility certification, making significant progress in building a trustworthy and innovative ecosystem. They comprehensively meet the national requirements for information security and autonomous control, and will provide the financial sector with safer and more reliable credit reporting services.
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The "Unified Regulatory Data Report" and Trust Zone products have won market praise
Once launched, the "Unified Regulatory Data Report" received widespread recognition from customers, successively won bids, and reached cooperation on the "Unified Regulatory Data Report" project with several leading foreign legal entity banks, fully demonstrating the market competitiveness and reliability of the "Unified Regulatory Data Report" product.
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Multiple FRA projects have been successfully implemented
As a partner of the first batch of pilot banks for the Foreign Exchange Business Guidelines, we have accumulated rich delivery experience in foreign legal entity banks and leading city commercial banks, showing our company's leading position in the financial regulatory market.
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Assisted the first batch of institutions to successfully connect to the National SME Cashflow Credit Infromation Sharing Platform
Fully assisted the first batch of institutions to successfully connect to the National SME Cashflow Credit Infromation Sharing Platform, significantly improving the efficiency and success rate of R&D work, and greatly shortened the preparation period for the platform's smooth launch.
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AI application - Successfully launched the first large model product
In the field of financial regulatory reporting, we actively developed large model products, and AI technology was innovatively applied. We launched the intelligent regulatory report solution - "Riking IntelliReg", injecting strong AI intelligent power into regulation.
Market Expansion
With the enhancement of brand influence and the in-depth market expansion, RIKING has become a more trusted partner for financial institutions in the field of financial regulatory compliance. So far, we have provided professional services and products to more than 220 customers, covering foreign legal entity banks, branches of foreign banks, development financial institutions, city commercial banks, rural commercial banks, rural credit cooperatives, securities companies, and other non-bank financial institutions, fully demonstrating our extensive influence and in-depth service capabilities in the field of financial technology. And 2024, as an important year for us, has seen continuous breakthroughs in multiple areas.
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Achieved significant breakthroughs in cooperation with leading foreign legal entity banks and top city commercial banks
We have established stable and in-depth cooperative relationships with multiple leading foreign legal entity banks and top city commercial banks, achieving excellent results in key projects such as regulatory data marts, One Form Pass, and foreign exchange business development.
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Expanded service customer base with milestone progress
In the financial fields of development financial institutions, securities companies, and financial asset companies, we have established close cooperative relationships with several well-known financial institutions. We have accumulated rich project experience, further enhancing our professional capabilities and service quality.
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Successfully expanded into Hong Kong, Macao, and overseas markets
Leveraging our leading advantages in the field of financial regulatory technology, as well as the global vision and practical experience of our management team, we have positioned ourselves to meet the market demands of Hong Kong, Macao, and overseas regions. We offer a range of products and services including regulatory compliance reporting, Granular Data Reporting (GDR), anti-money laundering, anti-fraud monitoring, regulatory data marts, system integration, and financial regulatory consulting. In 2024, we successfully entered the overseas market.
Honors and Qualifications
We have been honored with many accolades through our relentless efforts. Building on this foundation, in 2024 we have taken further strides, achieving new honors and reaching new heights in technical strength, innovation capability, and market competitiveness.
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Achieved CMMI Level 5 certification assessment
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Joined the "SSIA Information Technology Application Innovation Working Committee"
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Honored with the "2024 Fintech Rising Star Enterprise Award", 5th Yangtze River Delta Fintech Innovation& Application Global Competitiom
Outlook 2025
In 2025, we are full of confidence and have clear goals; we are down-to-earth and make steady progress; we hold dreams in our hearts and dare to explore.
Anchored in 2025, with more resolute steps, we pursue excellence, meet every challenge, and seize every opportunity.
Setting sail in 2025, we maintain our passion for dreams, move forward with determination, and interpret the ambition of "aspiring to a thousand miles" through concrete actions.
Looking forward to 2025, with a more vigorous posture, we strive to forge ahead, embark on a new journey, and paint a magnificent new blueprint.
