According to the Wise Finance APP, the Fourth Paradigm (06682) rose more than 9% in the afternoon, as of press time, up 5.73% to HKD 53.55, with a turnover of HKD 14.665 million.

On the news front, the Fourth Paradigm's first-quarter revenue was RMB 830 million, up 28.5% year on year; gross profit was RMB 340 million, up 21.1% year on year. During the period, revenue from the Prophetic AI platform business was RMB 500 million, up 84.8% year on year, accounting for 60.6% of the company's total revenue. Haitong Securities pointed out that as the company continues to promote its AIGS strategy and iterates on the Stacked-say model and Prophetic AI platform, the company's future landing areas for large models are expected to continue to expand, driving long-term development of the company.

Changjiang Securities pointed out that the Fourth Paradigm is a platform enabler for enterprise digital transformation in the AI era. The company has established three core business sectors, including the Fourth Paradigm Prophet AI Platform, SHIFT Intelligent Solutions, and the Fourth Paradigm Saying AIGS Service. The company is positioned as a software company in the AI era, with strong landing advantages from the customer's perspective, and is expected to continue to grow under the new round of industrial trends driven by large models. The bank said the Fourth Paradigm could become the SAP incubated in the soil of the AI era in China.