Reviewing 2024, The Beijing Frontier Institute of Regulation and Supervision Technology (FIRST) has made significant innovative achievements. Looking forward to 2025, we aspire to collaborate with industry partners to jointly create a promising future.

I. Research Platform: In 2024, FIRST undertook numerous research projects, producing several thematic reports and policy recommendations. These topics span areas such as fintech, data assets, technological innovation, and the cultivation of new productive forces.

II. International Platform: In 2024, leveraging the "Global FinTech Hub Network," FIRST actively promoted international cooperation and facilitated global dialogue and collaborative innovation in the field of fintech.

III. Industrial Platform: In 2024, FIRST introduced the "DRILL" model, which integrates five key elements: Data (D), Research (R), Investment (I), Loans (L), and Landing (L). This model aims to drive regional industrial development and nurture the discovery of new productive forces.

With the start of the New Year, a new journey begins. FIRST extends its sincerest holiday greetings and best wishes for the New Year to all our partners, industry partners, and friends from all walks of life. Let us join hands and move forward together to create a brilliant future!