The company launched the Dishui OS smart cabin based on Intel's in-vehicle SoC and the latest discrete graphics card dGPU: On August 8, the Intel AI cockpit and in-vehicle independent graphics card press conference was held in Shenzhen. Intel unveiled its first in-vehicle discrete graphics card, dGPU, which aims to lay the foundation for computing power for the widespread adoption of AI cockpits. As a strategic partner of Intel, Zhongke Chuangda was invited to attend the press conference and showcased the Dishui OS smart cabin built based on Intel's automotive SoC and the latest discrete graphics card dGPU. This time, Intel introduced the first cockpit independent graphics card dGPU, which has a high computing power of up to 229 TOPS. By integrating the Enhanced Software-Defined (SDV) automotive SoC series and Intel's automotive discrete graphics card dGPU, Intel has created an open, flexible, and highly scalable platform-based solution for automotive manufacturers. Zhongke Chuangda and Intel have launched a strategic cooperation. The two sides have fully integrated superior resources, not only integrating Intel's large computing power, standardization, and software compatibility advantages under the X86 architecture, but also combining the advantages of Zhongke Chuangda in terms of modularity, end side model capabilities, 3D HMI, and global ecological pre-integration for central computing, to jointly build a next-generation all-3D HMI smart cockpit platform. With the support of large computing power chips, 3D HMI can also render from a single car model to large scene rendering, bringing consumers a more immersive driving experience. The Dishui OS Smart Cabin successfully completed 6.5 million triangular 3D HMI scene rendering, enabling a deeper level of immersive HMI, while supporting 7 high-definition screens for 3D image rendering, 6 in-vehicle cameras, and interactive functions.
The new UI brings the most demanding 3A game to the in-vehicle environment, while also being able to run rich AI PC applications to enable intelligent mobile office.
AMD and Zhongke Chuangda will jointly build a next-generation digital cockpit platform with integrated cabin: On August 6, Beijing, China - AMD (Chaowei, NASDAQ: AMD) and Zhongke Chuangda will successfully hold a strategic cooperation signing ceremony in Beijing. AMD and Zhongke Chuangda will jointly build a next-generation digital cockpit platform with integrated cockpit. The next-generation digital cockpit platform cooperated by the two parties will use an AMD next-generation automotive APU. It has powerful computing performance and excellent graphics computing capabilities. It can not only handle complex graphics rendering, but also provide powerful computing power for various intelligent applications in the cabin, including navigation, entertainment, and voice recognition. AMD and Zhongke Chuangda have teamed up to combine the rich smart cockpit design experience with the leading performance of AMD products, which will further enhance the performance and level of intelligence of digital cockpits and provide users with an innovative and immersive driving experience.
Profit forecast, valuation and rating: Considering the increase in AI investment and the macroeconomic impact of downstream demand, the company's 24-25 revenue forecast was lowered to 6/7.1 billion yuan, up -23%/-27% from the previous forecast, an increase of 8.1 billion yuan; the company's 24-25 net profit forecast was lowered to 0.627/0.761 billion yuan, compared to the previous forecast of -38%/-46%, and an additional 26-year net profit forecast of 0.988 billion yuan. The current market value corresponding to 24-26 PE is 29x/24x/19x, respectively. Considering the company's deep technology accumulation in AI PCs, AI phones, smart cars, and the intelligent Internet of Things, it is expected to fully benefit from this AI wave and maintain an “gain” rating.
Risk warning: Relevant technology falls short of expectations; AI PC progress falls short of expectations; intelligent implementation of automobiles falls short of expectations.