The Zhitong Finance App learned that the fourth paradigm (06682) rose nearly 15% in the afternoon. As of press release, it had risen 9.68% to HK$52.1, with a turnover of HK$14.509 million.

SDIC Securities recently released a research report stating that under the wave of generative AI, the fourth paradigm released the big model in April 2023, and based on this, the company released the AIGS strategy. Currently, the company's big model has been implemented in various industries such as aviation manufacturing and retail to help customers improve operation and management efficiency. The bank said that the company has grown into one of the leading companies in the field of AI enterprise services and has a solid customer base. As artificial intelligence enters a new stage of development, the demand for new technology application development from enterprise customers will increase significantly, which is expected to drive the company's revenue to continue to rise. The bank's target price was HK$82.48, which covered the “Buy-A” rating for the first time.

Huatai Securities also previously released a research report saying that the performance of the fourth paradigm in 2023 slightly exceeded expectations, and the increase in performance was mainly due to strong revenue growth on the Prophet AI platform. The bank continues to be optimistic about the company: using major customers as a fulcrum to develop new industries and increase penetration in the industries already covered; with a stable enterprise service software foundation, it uses generative AI to restructure enterprise software to improve customer experience and development efficiency. The bank maintains the fourth paradigm “gain” rating. Based on the continuous growth of the company's forward-looking platform, product and application development business, the bank is expected to achieve revenue of 50/60/7.18 billion yuan in 2024-26, with a target price of HK$80.53.