Tianfeng: The release of opinions on the "Artificial Intelligence +" action is driving policy-driven AI industry into an accelerated period.

Tianfeng released a research report stating that the deployment of the "Opinions on Deepening the Implementation of" Artificial Intelligence +" Actions" at the basic level provides long-term institutional guarantees for industrial development, helping to alleviate current bottlenecks in AI development such as insufficient computing power and low-quality data supply. In the future, with the continuous improvement of basic abilities, the domestic AI industry chain is expected to achieve scalable expansion and a virtuous cycle. Tianfeng recommends focusing on: "Artificial Intelligence +" science and technology: XTALPI (02228), SenseTime (00020), FOURTH PARADIGM (06682). "Artificial Intelligence +" industrial development: 1) Enterprise services: KINGDEE INT'L (00268), YEAHKA (09923), MARKETINGFORCE (02556); 2) Industrial software: AINNOVATION (02121). "Artificial Intelligence +" improving consumer quality: 1) Advertising e-commerce: Beijing Zhidemai Technology (300785.SZ), Focus Technology (002315.SZ), MOBVISTA (01860), WEIMOB INC (02013), YOUZAN (08083); 2) Gaming: Kunlun Tech (300418.SZ), Kingnet Network (002517.SZ), XD INC (02400), IDREAMSKY (01119); 3) Film and television: Guomai Culture & Media (301052.SZ), Zhejiang Huazhi Digital Media (300426.SZ), H&R Century Union Corporation (000892.SZ), Ciwen Media Co., Ltd. (002343.SZ), COL Group Co., Ltd. (300364.SZ), CHINA LIT (00772); 4) Content: Zhihu, Inc. Sponsored ADR (02390), VOBILE GROUP (03738); 5) AI creation: MEITU (01357); 6) Intelligent driving: XPeng, Inc. ADR Sponsored Class A (09868), NIO Inc. Sponsored ADR Class A Car (09866), Li Auto, Inc. Sponsored ADR Class A (02015), Hesai Group Sponsored ADR (HSAI.US), ROBOSENSE (02498); 7) Smart terminals: MOBVOI (02438), Keep (03650), Tuya, Inc. Sponsored ADR Class A (02391). "Artificial Intelligence +" improving people's well-being: 1) AI education: FENBI (02469), Astro-century Education & Technology (300654.SZ), Doushen (Beijing) Education & Technology Inc. (300010.SZ); 2) AI healthcare: JD HEALTH (06618), ALI HEALTH (00241), FANGZHOU JIANKE (06086). "Artificial Intelligence +" governance capabilities: People.cn Co., Ltd (603000.SH), Xinhuanet Co., Ltd. (603888.SH). Internet AI ecosystem: Alibaba Group Holding Limited Sponsored ADR (09988), TENCENT (00700), Kuaishou (01024), Xiaomi Group (01810), Bilibili, Inc. Sponsored ADR Class Z (09626). It is also recommended to pay attention to the domestic computing power sector: the deepening implementation of the "Artificial Intelligence +" action is expected to drive the continuous growth of computing power demand. Event: The State Council issued the "Opinions on Deepening the Implementation of" Artificial Intelligence +" Actions" on August 26th. The Opinions propose six key actions in science and technology, industrial development, consumer quality improvement, people's well-being, governance capabilities, and global cooperation. On this basis, the Opinions further propose the "Eight Major Strengthening Basic Support Capacities" covering models, data, computing power, application environment, open source ecology, talent system, policy and regulations, and security governance. Setting clear quantifiable goals and stage timelines, the penetration rate of AI in China is expected to increase. The Opinions propose to achieve the widespread and deep integration of artificial intelligence with the six key areas by 2027, with the popularity rate of new-generation intelligent terminals and intelligent bodies exceeding 70%; by 2030, the popularity rate will exceed 90%, and the intelligent economy will become an important growth pole; by 2035, the country will enter a new stage of intelligent economy and intelligent society. We believe that by setting quantifiable goals and stage timelines, the Opinions may strengthen the certainty of policy implementation and the predictability of industrial implementation. Currently, the overall penetration rate and penetration rate of AI are still relatively low, and there is still ample room for industry development. Tianfeng believes that as policies gradually take effect, combined with continuous iteration of model capabilities and further reduction in AI costs, the penetration rate of AI in China is expected to accelerate. The Opinions propose to strengthen the basic support capabilities in eight areas, including supporting the innovation of artificial intelligence chips and enabling the cultivation of software ecosystems, accelerating breakthroughs in super-large-scale intelligent computing cluster technologies and engineering implementation, promoting the construction of high-quality data sets, and improving the national integrated computing power network, which basically covers the three core elements of AI: data, computing power, and algorithms. Tianfeng believes that the deployment of the Opinions at the basic level provides long-term institutional guarantees for industrial development, helping to alleviate current bottlenecks in AI development such as insufficient computing power and low-quality data supply. In the future, with the continuous improvement of basic capabilities, the domestic AI industry chain is expected to achieve scalable expansion and a virtuous cycle.