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Hywin and Tencent Cloud Form Strategic Partnership Agreement for Digital Transformation

Hywin and Tencent Cloud Form Strategic Partnership Agreement for Digital Transformation

Hywin Holdings Ltd., a leading independent wealth management and health management service provider in China, is pleased to announce that the Company has officially signed a strategic partnership agreement with Tencent Cloud, a leading cloud computing provider in China, to fully leverage Tencent Cloud’s cutting-edge information technology and innovative digital solutions in various fields, including Cloud Computing, Artificial Intelligence (AI) and Big-data Analytics, to support Hywin’s digitalization transformation and facilitate its dual-engine development roadmap of wealth management and health management.

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Hywin has already built out a green and secure hybrid cloud deployment based on Tencent Cloud’s expertise in cloud computing, which has enabled Hywin to execute its “client-centric” strategies. Under the new strategic alliance, Hywin will maximize the efficiency and benefits of its own data resources by further utilizing the cloud infrastructure and data compliance solutions provided by Tencent Cloud. Meanwhile, both parties agreed to work together to explore the application scenarios of AI-generated content based on the large language model in the wealth sector and health sector, in order to drive next-generation wealth management and health management solutions that are digitalized, low-latency and have a high degree of liveliness.

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In addition, the strategic alliance between Hywin and Tencent Cloud will also be extended to the Digital Imaging Cloud Platform, which is one of the core pillars of Hywin Health’s “Four Megacloud Solutions” strategy. This platform focuses on cloud applications and management of digital health images and leverages AI analysis capabilities to render AI health imaging solutions in Hywin Health’s suite of high-end health management services.

“Digital transformation is our long-term strategy, which is in line with Hywin’s ‘long-termism’ development philosophy,” commented Zhu Hua, Chief Technology Officer of Hywin. “Hywin will continue to focus on the research and development of proprietary systems and technologies and create more in-house intellectual property rights. In the meantime, Hywin will work with leading technology partners such as Tencent Cloud to further our digital initiatives.”

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Madame Wang Dian, Chief Executive Officer and Director of Hywin, commented, “We are excited to have Tencent Cloud as our strategic partner to support Hywin in our digital ecosystem. At Hywin, we are committed to offering high-net-worth clients with superior wealth management and health management products and services powered by technology. I believe Tencent Cloud can help us achieve our mutual goal of bringing innovative, convenient and accessible solutions to more Hywin clients and their families.”

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