On August 8, Huitongda Network (09878.HK) issued an announcement, revealing the signing of a comprehensive cooperation agreement with Alibaba Cloud on the same day. The partnership aims to jointly explore innovative applications of artificial intelligence and digital solutions, leveraging resource integration and complementary strengths to deepen cooperation in cloud computing, AI, and the digitization of lower-tier markets. Huitongda Network will integrate Alibaba Cloud's Tongyi Qianwen large model, merging its extensive retail industry expertise with the large model's AI capabilities and its own industrial data. This integration will enhance the intelligent service capabilities of the S2b2c supply chain, bolstering marketing, customer acquisition, and intelligent sales in lower-tier markets. Concurrently, Alibaba Cloud will provide dedicated cloud computing resources to Huitongda Network, ensuring high availability and elastic scalability for its business operations. This will support the training and reasoning of the AI large model, facilitating the rapid iterative upgrading of industry models.