Core ideas:

China Electronic Cloud publishes Xingzhi Government Vertical Domain Model

On July 6, at the artificial Intelligence Application Innovation Forum of the 2023 World artificial Intelligence Conference, China E-Cloud released a large vertical model of Xingzhi government affairs based on the experience of 70 + urban digital governance practice.

The Xingzhi government affairs model can link the government special topic database (such as the data special topic database of urban construction) through plug-ins to meet the actual data consultation needs of customers (such as urban traffic and education). And achieve government affairs-related issues of query, reasoning, analysis and question and answer capabilities. At present, the Xingzhi government affairs model is in the process of landing in several cities, including Wuhan.

With the digital man as the carrier, the two scenes of taking the lead in politics and counting are based on the big language model, with the digital man "little whale" as the carrier, facing the two scenarios of "politics" and "counting". Realize (1) government affairs big screen interpretation for government staff and (2) government affairs execution consultation for grass-roots people and grid staff. According to the conference application demo:

[government affairs big screen interpretation] in the scene, "Little Whale" aims at "annual analysis of the completion of urban economic development tasks" and other problems, demonstrates the functions of data search, data classification analysis and chart generation, data analysis and deduction, and generates conclusions and suggestions, and outputs feasible government conclusions quickly and smoothly.

[grass-roots government consultation] in the scene, "Little Whale" can quickly and accurately answer daily livelihood issues such as hukou migration, street lamp repair, and pension promotion activities, making government application more accurate and wiser, and effectively improving the level of grass-roots government governance.

China Electronic Cloud publishes "1+N+M" trusted Intelligence Strategy

"1" is to build a set of trusted intelligent computing cloud platform products: Xingzhi 2.0 platform to build a unified base integrated with large model technology, as an industry intelligent platform for operation and management, and open support for basic large models and industry large models.

"N" is an investment in the construction of N trusted intelligence centers: the trusted Intelligence Center is expected to be the first to land in Beijing and Wuhan this year. The Beijing Intelligence Center is expected to complete the first phase of construction with a scale of 100p in October this year. Wuhan Intelligence Center will be launched in the second half of the year, with a total planned size of more than 500p, and the construction will be completed in 2-3 phases.

"M" is a joint ecological model of M industries, such as government affairs, health care, finance, education, transportation and so on. The meeting also shared the landing application of large models in medical, transportation and other industries.

Investment suggestion

The company's industrial services are growing steadily, and cloud + data elements are expected to increase. The forecast of maintenance earnings is as follows: the operating income of the company in 2023-2025 is expected to be 582Universe 787.7 billion yuan, the net profit of the parent company is 288805000,000 yuan, and the earnings per share (EPS) is 0.25Universe 0.43cm 0.73 yuan, corresponding to the closing price of $32.37yuan on July 7, 2023, and PE is respectively times that of 128-74-44. It is strongly recommended to maintain the "buy" rating of the company.

Risk hint

1) the market share is squeezed by competitors; 2) the policy promotion is not as expected; 3) the large model technology development is not as expected; 4) the systemic risk caused by the economic downturn.