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Lucas GC Signs Strategic Agreement With Industrial Securities Co. To Develop AI Solutions To Boost Productivity In Selling Financial Products

Author: Benzinga Newsdesk | August 06, 2024 08:40am

Lucas GC Limited (NASDAQ:LGCL) ("Lucas" or the "Company"), an artificial intelligence (the "AI") technology-driven Platform-as-a-Service (the "PaaS") company whose technologies have been applied to the human resources, insurance and wealth management industry verticals, announced that it has signed a strategic partnership agreement with Industrial Securities Co., Limited, one of the leading financial institutions in China, to develop AI solutions to boost productivity of financial advisors in selling financial products to customers.

 

According to Bain & Company, total size of high net-worth individual investable assets in China reaches RMB 127 trillion in 2024. With total assets over RMB 252 billion and over 9,000 employees, Industrial Securities Co., Limited is keen to further gain market share in its leading position in wealth management business.

Posted In: LGCL

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