Bairong Inc. Announces Revenue Results for the Nine Months Ended September 30, 2022

Bairong Inc is an artificial intelligence (AI) technology services company. The Company applies natural language processing (NLP), privacy computing, machine learning, cloud computing and other technologies to provide services to enterprises through model-as-a-service (MaaS) and business-as-a-service (BaaS). The MaaS service leverages discriminant AI to digitalize the know-your-customer (KYC) and know-your-product (KYP) process for enterprises, by analyzing users' risk, willingness, and capability. The BaaS service uses discriminant AI to analyze and stratify users into groups and develops generative AI-powered chatbots using human natural languages to interact with users. The Company’s products and services are mainly used by enterprise customers in banking, consumer finance, insurance, e-commerce, automobiles, logistics, ticketing, energy, construction, and other industries.