HONG KONG SAR - Media OutReach Newswire - 23 March 2024 – Hi Sun is one of the earliest core banking system suppliers in China with independent intellectual property rights. It has been dedicated to the construction of the banking system for more than 20 years, serving domestic and foreign banks. The Core banking system product IBS Core of Hi Sun servers for customers in more than 50 countries and regions around the world.

On March 16, 2024, Hi Sun held a product launch in Shenzhen, releasing the latest generation of innovative core banking system, IBS V9.0. The R&D of this product lasted for 5 years, with more than 100 developer involved and a total investment of over 70 million. This system complies with the characteristics of domestic and foreign banking businesses, integrates the implementation process of project delivery and application asset preservation, adopts cloud-native design and distributed technology architecture, meets the requirements of the national informatization innovation strategy, and is more in line with the actual needs of domestic banking business systems, reaching the international advanced level.

This product launch fully demonstrates the latest innovation achievements of Hi Sun Technology in the field of Fintech, and Outlines the future of bank it system construction that is more efficient, intelligent and innovative.

During the event, Frank Fong, Vice President of Hi Sun, introduced the product features of IBS V9.0:

- Product Highlights: A scenario-centered innovative banking core system suite, providing solid technical support for business innovation.

- Product Name: IBS (Innovative Banking Suite) V9.0

- Product Features: