On November 28, 2025, during the '2025 Exchange Technology Conference,' the Shenzhen Stock Exchange and Huawei unveiled a collaborative regulatory framework tailored for the securities industry. This framework is built upon Huawei's Pangu Large Model. At its heart lies Huawei's Pangu Reasoner 38B Large Model, which is seamlessly integrated with the Shenzhen Stock Exchange's extensive regulatory knowledge repository. Leveraging Huawei's proprietary fine-tuning techniques and scenario-specific training methodologies, the framework has given rise to a highly accurate, efficient, and scalable intelligent regulatory service platform. This platform excels in dissecting intricate regulatory clauses and engaging in multi-round interactive Q&A sessions, boasting an impressive question-answering accuracy rate of over 90%. Moreover, it ensures real-time alignment with the latest regulatory developments. Cao Chong, the Vice President of Huawei, articulated the company's commitment to furthering innovative collaborations with the Shenzhen Stock Exchange in areas such as issuance review and regulatory technology advancements, with the shared vision of co-constructing an intelligent compliance ecosystem.