The Zhitong Finance App learned that after the fourth paradigm (06682) repurchased shares twice on May 20 and 21, the fourth model spent about HK$2,0591 million on the 22nd to repurchase 39,000 shares again. That is, between May 20-22, the fourth model repurchased a total of 143,300 shares, with a total cost of about HK$7.5761 million. The fourth paradigm has released many major repurchases, unleashed the company's confidence in future development prospects, and boosted the confidence of capital markets and investors.

Recently, Haitong Securities released its first coverage report on the fourth paradigm, giving it a “superior to the market” rating. The corresponding target price is HK$73.31-85.53. The agency believes that as an industry pioneer and leader in the platform-centered enterprise-level artificial intelligence field, the fourth paradigm has deep accumulation in the field of AI platforms, and the Prophet AI platform has been able to bring stable revenue to the company. As the company's AIGS strategy continues to be promoted, the superposition model and the continuous iteration of the Prophet AI platform are expected to expand in the future, thus driving the company's long-term development.