May22239 APAC Insider- Hong Kong Business Awards 2024 | 10 Some innovators begin their careers in garages, but AI mogul Lex Poon began his journey in his dining room. Following his successful transformation of LSW Accounting Firm, Lex successfully pioneered the world’s first AI platform in accounting and finance, AI ChopsticksPig. Here, we speak with Lex as we take a closer look at his journey to success. Lex Poon has a solid background in technology, having gained experience with many major names in the sector. He received an MS and MBA in the US and a BS in China, before starting his business with Beijing Biaoqi, who unfortunately encountered a market crunch in 2008. As one of the stakeholders, Lex took over the responsibilities of research and development, design, execution, and implementation in Hong Kong. Then, Lex had little funds or resources and was forced to realise his dreams from his dining room. He learnt from both the setbacks and successes of his experiences and began to transform concepts into theories, creating a practical business model that was polished and refined over the course of six years. In 2014, he encountered LSW Accounting Firm, on the brink of bankruptcy. After being introduced to the firm, Lex swiftly used his practical business market model to transform its business operations. “Remarkably, the firm’s condition did a complete 180° change within a week,” he recalls, “and has since sustained its development, achieving significant milestones.” Going further than merely generating profit for the company, Lex developed AI ChopsticksPig, the world’s first AI platform in accounting and finance. After ten years of developing with the market, the platform has reached a breakthrough, being recognised, and keenly accepted for its revolutionary ideas and approaches. The AI ChopsticksPig platform is a digital accounting system that seamlessly interfaces with accounting software around the world. The platform provides an advanced audit tracking function to prevent errors and ensure accurate financial records; generates high quality reports quickly and efficiently; and collaborates with certified CPA firms in various countries across the globe. With this newfound technology, AI ChopsticksPig is constantly accepting many difficult cases and solving those that are turned away by other firms because they are deemed ‘unsolvable.’ “The digital economy represents a major trend in global development, with AI serving as a key enabler,” Lex tells us. “Our platform can empower various sectors, heralding a new era for all industries as a whole. We are committed to making significant contributions to China and the world, striving to achieve the highest standards of human civilisation through integration, sustainability, greenness, and digitalisation.” AI ChopsticksPig has successfully launched five strategic business plans since its establishment, including AI Accounting Outsourcing, AI Audit, Digital Finance, Carbon Finance, and Digital Economy models. Lex explains that he envisions a future where AI technology is safeguarded by a strategic investor with a robust financial backing that will provide a helping hand in his company’s growth within Chinese and global markets, enhancing economic growth and benefiting humanity. He says, “As we approach the end of 2024, we are leveraging AI as the core technology to empower and transform the service industry, enabling it to fully serve the global community.” Now, the owner of AI ChopsticksPig, White Sands Digital Finance R&D And Management Limited is advancing with a series of business plans that range from foundational initiatives to top-level designs, all based on a combination of its beliefs of traditional Chinese culture and philosophy and advanced Western scientific methodologies. Since the emergence of ChatGPT, related AI models in the sector are gradually evolving, while their production costs are rapidly declining. ChatGPT has become the basic operating system for software in various industries. However, these models cannot replace the roles and functions that AI ChopsticksPig brings to the accounting and finance sector. In a proposal for the ‘Six Pillars under Digital Economy’ project, the company explains that AI ChopsticksPig will be introducing a unique GPT to the financial field by adding the ChatGPT function, called aFinGPT. AI ChopsticksPig will develop its own aFinGPT application scenario, with its online platform therefore creating a new epoch for the company’s projects. Of course, with an industry expert such as Lex Poon at its helm, the future promises to be prosperous for AI ChopsticksPig and one subsidiary of White Sands - LSW Accounting Firm. An industry pioneer, Lex has gone from strength to strength, displaying his true prowess for trailblazing. We look forward to the future innovative developments of AI ChopsticksPig, as it has been deservedly recognised as the Most Innovative Accounting and Finance Platform 2024. Contact: Lex Poon Company: WHITE SANDS DIGITAL FINANCE R&D AND MANAGEMENT LIMITED Web Address: https://lswcpaglobal.com/ Most Innovative Accounting and Finance Platform 2024
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