"trusted AI base stations"

#10245356

8 July 2023

Ant Group exhibits at the 2023 World Artificial Intelligence Conference in Shanghai, China, July 7, 2023. Display the development achievements of trusted AI base stations, AIGC+ meta-universe, AIoT blockchain and other fields, especially noting the status of Alipay as the official partner of Hangzhou 2022 Asian Games. On the same day, it was reported that Ant Group and its subsidiaries had violated laws and regulations in corporate governance, financial consumer protection, participating in the business activities of banking and insurance institutions, engaging in payment and settlement business, fulfilling anti-money laundering obligations and carrying out fund sales business, etc., and were fined 7.123 billion yuan by the financial management department, requiring the closure of the illegal ''mutual treasure'' business. And compensate the interests of consumers in accordance with the law. Ant Group responded to the sincere acceptance and will further consolidate the level of compliance governance, the US stock market opened on the evening of the 7th, Alibaba rose 3.47%.

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#10245358

8 July 2023

Ant Group exhibits at the 2023 World Artificial Intelligence Conference in Shanghai, China, July 7, 2023. Display the development achievements of trusted AI base stations, AIGC+ meta-universe, AIoT blockchain and other fields, especially noting the status of Alipay as the official partner of Hangzhou 2022 Asian Games. On the same day, it was reported that Ant Group and its subsidiaries had violated laws and regulations in corporate governance, financial consumer protection, participating in the business activities of banking and insurance institutions, engaging in payment and settlement business, fulfilling anti-money laundering obligations and carrying out fund sales business, etc., and were fined 7.123 billion yuan by the financial management department, requiring the closure of the illegal ''mutual treasure'' business. And compensate the interests of consumers in accordance with the law. Ant Group responded to the sincere acceptance and will further consolidate the level of compliance governance, the US stock market opened on the evening of the 7th, Alibaba rose 3.47%.

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Commercial use is not permitted without prior authorization.
Please contact us for more information.

#10245360

8 July 2023

Ant Group exhibits at the 2023 World Artificial Intelligence Conference in Shanghai, China, July 7, 2023. Display the development achievements of trusted AI base stations, AIGC+ meta-universe, AIoT blockchain and other fields, especially noting the status of Alipay as the official partner of Hangzhou 2022 Asian Games. On the same day, it was reported that Ant Group and its subsidiaries had violated laws and regulations in corporate governance, financial consumer protection, participating in the business activities of banking and insurance institutions, engaging in payment and settlement business, fulfilling anti-money laundering obligations and carrying out fund sales business, etc., and were fined 7.123 billion yuan by the financial management department, requiring the closure of the illegal ''mutual treasure'' business. And compensate the interests of consumers in accordance with the law. Ant Group responded to the sincere acceptance and will further consolidate the level of compliance governance, the US stock market opened on the evening of the 7th, Alibaba rose 3.47%.

Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
Please contact us for more information.

#10245362

8 July 2023

Ant Group exhibits at the 2023 World Artificial Intelligence Conference in Shanghai, China, July 7, 2023. Display the development achievements of trusted AI base stations, AIGC+ meta-universe, AIoT blockchain and other fields, especially noting the status of Alipay as the official partner of Hangzhou 2022 Asian Games. On the same day, it was reported that Ant Group and its subsidiaries had violated laws and regulations in corporate governance, financial consumer protection, participating in the business activities of banking and insurance institutions, engaging in payment and settlement business, fulfilling anti-money laundering obligations and carrying out fund sales business, etc., and were fined 7.123 billion yuan by the financial management department, requiring the closure of the illegal ''mutual treasure'' business. And compensate the interests of consumers in accordance with the law. Ant Group responded to the sincere acceptance and will further consolidate the level of compliance governance, the US stock market opened on the evening of the 7th, Alibaba rose 3.47%.

Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
Please contact us for more information.

#10245366

8 July 2023

Ant Group exhibits at the 2023 World Artificial Intelligence Conference in Shanghai, China, July 7, 2023. Display the development achievements of trusted AI base stations, AIGC+ meta-universe, AIoT blockchain and other fields, especially noting the status of Alipay as the official partner of Hangzhou 2022 Asian Games. On the same day, it was reported that Ant Group and its subsidiaries had violated laws and regulations in corporate governance, financial consumer protection, participating in the business activities of banking and insurance institutions, engaging in payment and settlement business, fulfilling anti-money laundering obligations and carrying out fund sales business, etc., and were fined 7.123 billion yuan by the financial management department, requiring the closure of the illegal ''mutual treasure'' business. And compensate the interests of consumers in accordance with the law. Ant Group responded to the sincere acceptance and will further consolidate the level of compliance governance, the US stock market opened on the evening of the 7th, Alibaba rose 3.47%.

Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
Please contact us for more information.

#10245368

8 July 2023

Ant Group exhibits at the 2023 World Artificial Intelligence Conference in Shanghai, China, July 7, 2023. Display the development achievements of trusted AI base stations, AIGC+ meta-universe, AIoT blockchain and other fields, especially noting the status of Alipay as the official partner of Hangzhou 2022 Asian Games. On the same day, it was reported that Ant Group and its subsidiaries had violated laws and regulations in corporate governance, financial consumer protection, participating in the business activities of banking and insurance institutions, engaging in payment and settlement business, fulfilling anti-money laundering obligations and carrying out fund sales business, etc., and were fined 7.123 billion yuan by the financial management department, requiring the closure of the illegal ''mutual treasure'' business. And compensate the interests of consumers in accordance with the law. Ant Group responded to the sincere acceptance and will further consolidate the level of compliance governance, the US stock market opened on the evening of the 7th, Alibaba rose 3.47%.

Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
Please contact us for more information.

#10245370

8 July 2023

Ant Group exhibits at the 2023 World Artificial Intelligence Conference in Shanghai, China, July 7, 2023. Display the development achievements of trusted AI base stations, AIGC+ meta-universe, AIoT blockchain and other fields, especially noting the status of Alipay as the official partner of Hangzhou 2022 Asian Games. On the same day, it was reported that Ant Group and its subsidiaries had violated laws and regulations in corporate governance, financial consumer protection, participating in the business activities of banking and insurance institutions, engaging in payment and settlement business, fulfilling anti-money laundering obligations and carrying out fund sales business, etc., and were fined 7.123 billion yuan by the financial management department, requiring the closure of the illegal ''mutual treasure'' business. And compensate the interests of consumers in accordance with the law. Ant Group responded to the sincere acceptance and will further consolidate the level of compliance governance, the US stock market opened on the evening of the 7th, Alibaba rose 3.47%.

Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
Please contact us for more information.

#10245372

8 July 2023

Ant Group exhibits at the 2023 World Artificial Intelligence Conference in Shanghai, China, July 7, 2023. Display the development achievements of trusted AI base stations, AIGC+ meta-universe, AIoT blockchain and other fields, especially noting the status of Alipay as the official partner of Hangzhou 2022 Asian Games. On the same day, it was reported that Ant Group and its subsidiaries had violated laws and regulations in corporate governance, financial consumer protection, participating in the business activities of banking and insurance institutions, engaging in payment and settlement business, fulfilling anti-money laundering obligations and carrying out fund sales business, etc., and were fined 7.123 billion yuan by the financial management department, requiring the closure of the illegal ''mutual treasure'' business. And compensate the interests of consumers in accordance with the law. Ant Group responded to the sincere acceptance and will further consolidate the level of compliance governance, the US stock market opened on the evening of the 7th, Alibaba rose 3.47%.

Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
Please contact us for more information.

#10245374

8 July 2023

Ant Group exhibits at the 2023 World Artificial Intelligence Conference in Shanghai, China, July 7, 2023. Display the development achievements of trusted AI base stations, AIGC+ meta-universe, AIoT blockchain and other fields, especially noting the status of Alipay as the official partner of Hangzhou 2022 Asian Games. On the same day, it was reported that Ant Group and its subsidiaries had violated laws and regulations in corporate governance, financial consumer protection, participating in the business activities of banking and insurance institutions, engaging in payment and settlement business, fulfilling anti-money laundering obligations and carrying out fund sales business, etc., and were fined 7.123 billion yuan by the financial management department, requiring the closure of the illegal ''mutual treasure'' business. And compensate the interests of consumers in accordance with the law. Ant Group responded to the sincere acceptance and will further consolidate the level of compliance governance, the US stock market opened on the evening of the 7th, Alibaba rose 3.47%.

Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
Please contact us for more information.

#10245376

8 July 2023

Ant Group exhibits at the 2023 World Artificial Intelligence Conference in Shanghai, China, July 7, 2023. Display the development achievements of trusted AI base stations, AIGC+ meta-universe, AIoT blockchain and other fields, especially noting the status of Alipay as the official partner of Hangzhou 2022 Asian Games. On the same day, it was reported that Ant Group and its subsidiaries had violated laws and regulations in corporate governance, financial consumer protection, participating in the business activities of banking and insurance institutions, engaging in payment and settlement business, fulfilling anti-money laundering obligations and carrying out fund sales business, etc., and were fined 7.123 billion yuan by the financial management department, requiring the closure of the illegal ''mutual treasure'' business. And compensate the interests of consumers in accordance with the law. Ant Group responded to the sincere acceptance and will further consolidate the level of compliance governance, the US stock market opened on the evening of the 7th, Alibaba rose 3.47%.

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Commercial use is not permitted without prior authorization.
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#10245364

8 July 2023

Alipay at the 2023 World Artificial Intelligence Conference in Shanghai, China, on July 7, 2023. Display the development achievements of trusted AI base stations, AIGC+ meta-universe, AIoT blockchain and other fields, especially noting the status of Alipay as the official partner of Hangzhou 2022 Asian Games. On the evening of July 7, 2023, the People's Bank of China issued an administrative punishment notice, and Alipay (China) Network Technology Co., Ltd. was warned by the central bank for seven illegal acts such as violating the payment account management regulations, confiscating the illegal income of 830.9 million yuan, and fined 2,231 million yuan, a total of 3,069.1 million yuan. Specific illegal acts include violation of payment account management regulations; Violating regulations on liquidation administration; Violating the provisions on matters related to the prevention of new types of illegal crimes in telecommunications networks; Failure to perform customer identification obligations as required; Transactions with unidentified customers; Violating regulations on the protection and administration of consumer financial information; Violating regulations on the protection and administration of the rights and interests of financial consumers. In addition, the relevant person in charge of Alipay institutions also received a number of tickets, and was fined a total of 2.95 million yuan.

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Commercial use is not permitted without prior authorization.
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