Hong Kong stock concept tracking | "Guidelines for the Implementation of Digital Transformation of Manufacturing Enterprises" issued, policies encourage the development of "Artificial Intelligence +" research and design software (with concept stocks)

The Ministry of Industry and Information Technology, the State-owned Assets Supervision and Administration Commission of the State Council, and the China Federation of Industrial Economics have issued the "Implementation Guidelines for the Digital Transformation of Manufacturing Enterprises." It proposes guiding enterprises to carry out cloud-based research and development design, subscribe to product design and simulation software services on demand, improve product simulation efficiency, and reduce software maintenance costs. It promotes enterprises to conduct collaborative research and design, especially encouraging manufacturing enterprises represented by high-end equipment to build collaborative design platforms, strengthen design collaboration, encourage component enterprises to use the platform, and shorten product design cycles. Encouraging enterprises to explore new applications of intelligent research and development, develop "AI+" research and design software, build design models, simulation models, and other data sets, conduct model training, develop innovative applications such as creative design and real-time simulation, and accelerate the research and development of new products. Haitong released a research report stating that under the background of the 10 trillion yuan strengthening debt and Trump's election, the intensity of countercyclical adjustment is expected to continue to increase, and the importance of self-controllability is expected to continue to rise. The pressure faced by China's technology industry may further increase, and the importance of self-controllability is expected to continue to rise. It is recommended to focus on innovation and industrial software. Hong Kong stocks related to AI software: AINNOVATION (02121): The company will implement the dual tower development of AI 1.0 and AI 2.0 from 2023 onwards. AI 2.0 will gradually introduce the application and research of the ChatX series of large models, and released the AnnoGC-75B industrial large model (750 billion parameters) at the end of March this year, adding multimodal on the basis of the 15B large model. Currently, ChatX includes five main landing products: ChatBI, ChatDoc, Chatvision, ChatCAD, and Chatrobot. The company's nine sub-sectors cover industrial software, digital software, industrial logistics, intelligent equipment, and industrial sustainability. ChatBI has landed in the industrial software and digital software scene of the food and beverage intelligent manufacturing field, while ChatDoC and Chatvision have landed in the industrial sustainability scene. ChatCAD has greater imagination space in the CAD industrial design field. Through large models, the traditional CAD design mode can be rewritten, and CAD design can be directly conducted through text and language, greatly improving CAD design efficiency. The company is expected to start the landing practice of ChatCAD this year. ChatRobot drives the industrial Siasun Robot&Automation automatic task arrangement with large models, drives and implements work deployment. The company has done live demonstrations at the large model release conference. Although it is still in the research and verification stage, it already has preliminary prospects for industrial applications and great potential. KINGSOFT CLOUD (03896): UBS released a report pointing out that KINGSOFT CLOUD's performance in the third quarter exceeded market expectations, benefiting from the development of artificial intelligence and the support of the Kingsoft ecosystem. With the increase in cloud usage, especially in the AI demand of WPS Office and Xiaomi in the IoT, smartphone, and electric vehicle fields, it is expected that KINGSOFT and Xiaomi's revenue contribution will increase from approximately 20% in 2024 to over 40% in 2027.