CITIC SEC released a Research Report stating that they believe DeepSeek's best practices in reducing model training costs are likely to encourage technology giants to adopt more economical methods to accelerate the exploration and research of cutting-edge models, while also unlocking and implementing a large number of AI applications. The increasing returns to scale from algorithm training and the corresponding Jevons Paradox related to reduced unit computing costs imply that it remains a highly certain event for technology giants to continue making sustained, large-scale investments in the AI computing power field in the medium and short term. CITIC SEC remains Bullish on the growth of domestic computing power demand, the continuous expansion of AI+ application scenarios, and the ongoing increase in the popularity of edge AI.