The Zhitong Finance App learned that CICC released a research report stating that it will maintain the “outperform the industry” rating of Innovative Qizhi (02121) and keep the 2023e profit forecast basically unchanged, with a target price of HK$21. The company's 1H23 revenue was 920 million yuan, an increase of 43.1% over the previous year. The performance was in line with the bank's expectations.

According to the report, the AI+ manufacturing industry combines technology and scenarios, and AIGC is being implemented at a fast pace. During the reporting period, the company actively laid out the AI 2.0 era. The MatrixVision edge video intelligence platform and MMOC artificial intelligence technology platform reached a new level of 3.0, and launched the industrial model “Qizhi Kong Ming AinOGC”, which has 15B parameters, provides services such as model refinement to the industry, and provides customers with more complete AI capabilities from perception to decision making to generation. The bank believes that the company is expected to rely on advanced technical capabilities, high-quality customer card slots, and knowledge accumulation in vertical scenarios to achieve rapid implementation of AI technology in manufacturing scenarios.