CORNERSTONE FIN: Fan Yandi appointed as Executive Director and Chairman of the Board

According to the announcement from Cornerstone Financial (08112), Mr. Sun Lihua has resigned as Executive Director effective March 25, 2025; Mr. An Xilei has resigned as Chairman of the Board but will remain as Executive Director and continue to hold other positions in the company; Ms. Fan Yandi has been appointed as Executive Director and Chairman of the Board; and Mr. An Xishuai has been appointed as new members of the Executive Committee and Investment Committee. The group plans to explore business opportunities in AI technology, focusing on: (1) providing comprehensive financial knowledge and information services through open-source AI large models and (2) offering AI-enabled solutions for quantitative trading and private traffic management. In terms of providing AI financial information services, it intends to adopt a business model that primarily creates and delivers value through the following aspects: (1) offering free and paid versions of AI financial assistant services; (2) mobile application (APP)/website advertising; and (3) conducting intermediary business on social media platforms in collaboration with social media platforms, online businesses, and influencers to charge fixed commissions and/or a percentage of sales from user traffic and successful marketing. In the initial stage, where subscription rates are mainly driven by free users, advertising revenue is expected to support the new business. As the user base expands and the APP/website becomes more popular, subscription and paid usage will increase, thus subscription revenue will correspondingly increase and become a stable source of income for the group. The growth of advertising revenue and subscription revenue will create synergies for the social media platform intermediary business. Regarding AI-enabled solution services, it is expected to provide comprehensive services from content creation to traffic conversion, offering customized solutions to meet specific needs of particular clients, or providing services to global clients through Software as a Service (SaaS) based on subscription, advertising, and commission-based revenue models. The company will leverage Ms. Fan's extensive experience and valuable expertise in financial services and fintech to develop potential business opportunities. The company plans to establish a new team led by Ms. Fan to explore potential business opportunities and develop comprehensive financial knowledge and information services for potential clients based on advanced open-source large models. The company will periodically review potential businesses and the business models adopted to ensure they reflect the business environment and meet customer needs