Brilliance Technology was founded in 1998, a time when China’s informatization construction entered an accelerated phase. Sensing the broad prospects of the informatization market across industries, Brilliance Technology focused the core of its development strategy on the informatization and electronization of the financial industry. It unswervingly relied on independent technology R&D for support, quickly opened up the market, and became one of the earliest high-tech enterprises in China to enter the fintech field and maintain a vigorous development momentum.

Over the past two decades, the IT market has undergone dramatic changes, with its landscape being reshaped multiple times. Today, driven by emerging technologies such as big data and blockchain, the digital transformation of traditional industries still holds vast untapped commercial potential. Brilliance Technology has identified a new market direction. With a team of IT professionals who not only possess technical expertise but also deeply understand client needs, the company collaborates with its customers to explore new blue ocean markets and share the benefits of the digital economy.

| Accumulated Technical Thinking Pays Off, Forward-Looking Layout Releases Value

Affected by the pandemic, the global economic development suffered a huge impact in 2020, and the importance of using emerging technologies to accelerate the digital transformation of traditional industries became increasingly prominent. During the pandemic, Brilliance Technology gave full play to its independent, controllable, and competitive big data technology capabilities. Relying on the Public Security Bureau of Beijing Municipality and the Public Security Bureau of Weihai City, it provided strong core technical support and guarantees for epidemic prevention and control in these regions.

After more than 20 years of development, thanks to its forward-looking layout and years of practical accumulation, Brilliance Technology’s technical strength in the big data field has advanced by leaps and bounds. For example, based on the big data intelligence analysis platform with fully independent intellectual property rights, Brilliance Technology provides services covering data integration management platform construction, intelligence analysis, data analysis and modeling, data management and governance, development, presentation and release, helping customers build and enhance their big data capabilities.

Leveraging the powerful and flexible professional intelligence analysis and research capabilities of this big data platform, combined with set models, it can quickly analyze massive amounts of data. Through knowledge graphs, it provides objective support for intelligence judgment and decision-making. Currently, this big data platform has shown good development potential in the direction of public security big data.

At the same time, Brilliance Technology began forward-looking research and layout in the blockchain field in 2016, and started promoting the application and implementation of blockchain technology that same year. Its technical team focused on research work in areas such as consensus algorithms, encryption algorithms, and cross-chain technology, and launched a blockchain-as-a-service (BaaS) platform with independent intellectual property rights. This platform has made breakthroughs in addressing the bottleneck problem of "multiple nodes, low efficiency" in blockchain applications, accelerating the improvement of technology application efficiency.

| Demand Equals Opportunity; Customer-Centric Approach Helps Brilliance Lead in Blue Ocean Markets

Having technical advantages is far from enough for exploring blue ocean markets; the core lies in how to combine innovative technologies with industry application scenarios to solve industry business problems. One of the major advantages that enables Brilliance Technology to maintain a sound development momentum for a long time is its "customer-first" principle. Brilliance Technology understands not only technology but also industry needs, and can quickly implement and promote R&D results through its professional team.

In the field of blockchain + finance, while other enterprises were still exploring to find business demand scenarios and promote project implementation, Brilliance Technology had already developed innovative application scenarios and achieved successful practices. It quickly applied the technology to fields such as trade finance, supply chain finance, and private data sharing, and successfully participated in the implementation of the blockchain forfaiting trading platform and the first domestic letter of credit blockchain project.

In terms of big data application implementation, the big data intelligence analysis platform—Brilliance Technology’s core big data product—is one of the high-quality big data visualization research and judgment platforms in China. Based on a matrix knowledge graph database with fully independent intellectual property rights, it helps the public security industry establish rich business models and provides strong data technical support for frontline needs in economic investigation, criminal investigation, technical investigation, cyber investigation, and anti-narcotics.

In addition, an important plan of Brilliance Technology is to productize its core technologies, industry experience, and R&D capabilities, so as to replicate and extend its advantageous fields to multiple areas. For example, it will extend innovative blockchain financial applications to the pan-financial sector including insurance, securities, and futures, and expand big data analysis capabilities to industries such as finance.

Zhang Yansheng stated: "In the post-pandemic era, digitalization has become the core capability of enterprises. Facing such market changes, Brilliance Technology will keep up with the trend, make full use of the technical capabilities of big data and blockchain, unify the fulfillment of corporate economic responsibilities and social responsibilities, and help more industries and enterprises cope with the challenges of the new era."

To achieve this goal more quickly, Brilliance Technology is currently actively exploring cooperation with universities, research institutions, commercial organizations, and enterprises to build an open, shared, and win-win ecosystem. It will work together to explore and continuously tap the application of cutting-edge technologies in various industries, and the future of the blue ocean market is promising.