According to the Zhitong Finance APP, D4TAI (06682) rose more than 6% in intraday trading. As of press time, it has risen by 5.31% to HKD 52.6 with a turnover of HKD 6.6587 million.

On the news front, D4TAI released its core business progress for Q1 2024, adhering to technological innovation, steadily expanding its business, and contributing value to various industries through artificial intelligence+. In Q1 2024, the company's total revenue was RMB 830 million, a year-on-year increase of 28.5%, and gross profit was RMB 340 million, a year-on-year increase of 21.1%. The company is driven by innovation, with R&D investment of RMB 350 million and an R&D expense ratio of 42.0%, ensuring the continuous improvement of the company's competitiveness. In addition, in March 2024, the company released the "Prophet AI Platform 5.0," which is positioned as a large-scale platform model in the industry and is the fifth upgrade of the product in the past 10 years.

Haitong Securities believes that the overall performance of the company in Q1 is relatively outstanding, which confirms the feasibility of the company's current business model. With more than ten years of accumulation in the field of large-scale models in the industry, it is expected to gradually release its potential along with the rapid development of the AI industry and become an important driving force for the company's performance growth. The company's overall development is bullish.