HONG KONG SAR – Media Outreach – July 31, 2023 –
International engineering company (“CIG” or the “Company”, together with its subsidiaries, the “Group”; stock code: 0033.HK), a Hong Kong-based financial institution, is pleased to announce that today, through its wholly-owned subsidiary, it has entered into a strategic cooperation framework agreement with a renowned industrial and technological company in the mainland, Guangzhou Miller Baiye Technology Co., Ltd (“Miller Baiye”) to establish a long-term strategic partnership.
Miller Baiye now owns exclusive rights to OpenAI ChatGPT’s certificate for the operation and branding of ChatGPT in the Chinese region, which includes the use and distribution of trademarks, logos and other intellectual property rights of ChatGPT for conducting business operations in the Chinese region. . Miller Baiye’s existing ChatGPT authorization will be beneficial for the Group to strengthen its artificial intelligence trading technology, commercializing it and thus transforming it into a business that generates stable and substantial operating profits for the Group.
The Group believes that forming a strategic partnership with Miller Baiye will benefit the Group’s applied research in the area of trading algorithms as well as the interests of all shareholders.
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The issuer is solely responsible for the content of this announcement.
