Essence Securities said that from the perspective of investment, four layers of investment logic have been built around AIGC and ChatGPT, of which the core is "big model", including large model manufacturers, large model ecological partners, explosive applications and scenarios based on large models, the core logic of "big model" must be the main line of investment that continues to strengthen from beginning to end, and the other three layers of investment logic include "side lines", "benefits" and "new tracks". In addition to the large models of Microsoft and Baidu, other large model manufacturers as the entry party are the normal performance of the industrialization process and are conducive to the common prosperity of the entire industry. At present, the market is still in the main logic of "trading AIGC", and pays attention to the landing of major domestic models and small and medium-sized models in the future; The market has begun to pay attention to the landing of overseas applications, and the attention of related stocks "mapped" with them is expected to increase significantly.
After the ChatGPT fire came out, the AIGC (artificial intelligence generated content) track was widely concerned. As an important branch of AIGC, the field of AI-generated images has also ushered in new changes. On May 25, Qifu Technology invited visual design experts to explain the fire's AI drawing tool Midjourney, demonstrating how to customize creative avatars online and generate fitting renderings online, and said that painting creators should actively embrace AIGC and use AI as a tool to improve their own creative level, so as to better cope with the impact and opportunities brought by AIGC technology to the industry.
As a technological change, AIGC has been widely used in business scenarios by learning human ways of thinking, consulting and mining massive materials, and generating content that meets the differentiated needs of human beings in a cost-effective way. According to the live broadcast room, AI drawing tools represented by Midjourney have been applied to visual design fields such as product design, e-commerce scenes, visual posters, and 3D icon design. As a technology company, Qifu Technology also introduces AI drawing into the design workflow, so as to improve the creative efficiency of the design team and reduce time costs.
Big manufacturers have abundant reserves of new tours, and AI continues to catalyze. At present, various game companies have abundant mobile game reserves, and with the continuous supply of content, the bank believes that the overall performance industry will gradually improve from 23Q2 onwards. At the same time, AI will continue to empower cost reduction and efficiency increase, and in terms of computing power, under the background of the continuous penetration of ChatGPT, the flywheel effect of combining software and hardware in the AIGC field has gradually formed. In terms of content, AIGC is deeply penetrating into all aspects of game development, and its applications in various fields such as game asset generation, content update and optimization, and game operation and management are rapidly landing, which is expected to achieve cost reduction and efficiency increase. The bank believes that with the maturity of multimodal AIGC applications that can realize intelligent recognition and processing of various information such as voice, image, and text in games, the freedom and diversity of games in gameplay and plot are also expected to be significantly improved, thereby providing players with more choices and challenges, and further improving the frequency and depth of payment of users.
We believe that the main line of investment in the technology industry is still "AI + digital economy", and we recommend paying attention to industry innovation and the pace of recovery. In terms of AI, ChatGPT has become a phenomenal product since the beginning of the year, promoting the industry to usher in the iPhone moment, and from a "small workshop" to the industrial era, the accelerated development of artificial intelligence, and continue to recommend focusing on computing power, algorithms, applications and terminal-related opportunities. In terms of digital economy, the state has attached great importance to it in recent years, and intensive policy releases have promoted the sector to enter a period of rapid development. At the same time, we are optimistic about the structural opportunities brought by innovation landing and demand recovery in the second half of the year, focusing on sub-sectors such as smart terminals, charging piles, and energy storage.
Investment strategy: "AI + education" will gradually land in students' teaching scenarios. For example, intelligent assisted teaching based on artificial intelligence technology can help students achieve personalized and low-cost teaching, and immediately help students solve problems in learning. At the same time, "Education + AI" can realize intelligent assessment functions, such as iFLYTEK's "AI Learning Machine + Big Model" that allows AI to change compositions and simulate English real-life oral dialogue.
Company Stock Pool:
(1) The higher education sector continues to recommend China Education Holdings and New Higher Education Group;
(2) K12 subject training recommended university education: the company is one of the few companies that successfully completed the fixed increase before the double reduction, with abundant cash on hand, and the one-on-one training part of high school is not affected by the policy, and the company has recently transformed and expanded into the field of vocational education;
(3) Quality education recommends Shengtong shares: Loeb is expected to recover after the epidemic, superimposed industry advance receipts from annual to quarterly, favorable to the increase of industry concentration, Zhejiang has included artificial intelligence into compulsory courses, which is expected to be conducive to the increase of industry penetration.
(4) Recommended action education for vocational training (benefiting from the post-epidemic improvement, we expect Q1 performance to be good).
So the point is, how to grasp the wave of opportunities of computing power + CPO? I have sorted out the list of computing power + CPO concept stocks for everyone, and it is expected to rise sharply in the future!
002229 Hongbo Co., Ltd.: Company Highlights: Committed to becoming the core service provider of the lottery industry chain in China and the world Main business: security printing, lottery new channel services, book printing and high-end packaging printing, etc.
300229 Bulls: Company Highlights: Leading enterprise in the field of Chinese intelligence, big data and data security Main business: artificial intelligence products and services, big data products and services and data security products and services.
300520 Science and Technology Big Innovation: Company Highlights: Committed to the research and development and application of cloud computing, big data, artificial intelligence Main business: data intelligence industry applications, intelligent software and hardware products, data intelligence platform operation.
300188 Meiyapaike: Company Highlights: China's leading provider of electronic data forensics and network information security products Main business: electronic data forensics and network information security products and related services.
300130 Xinguodu: Company highlights: Expand electronic payment business based on the entrance advantage of financial POS machine Main business: payment services and scene digital services, electronic payment equipment and biometric products and data service business.
300678 Zhongke Information: Company Highlights: Formerly known as Chengdu Institute of Computer Application, Chinese Academy of Sciences, leading enterprise in intelligent identification and analysis technology Main business: With intelligent identification and analysis technology as the core, providing information solutions (including software and hardware) and related services
000977 Inspur Information: Company Highlights: China's largest server manufacturer and server solution provider Main business: R&D, production and sales of cloud computing infrastructure products such as servers.
002230 iFLYTEK: Company Highlights: The world's leading intelligent voice technology company Main business: engaged in the research of core artificial intelligence technologies such as speech and language, natural language understanding, machine learning reasoning and self-learning
002354 Tianyu Digital: Company Highlights: Huge user resources and R&D team in the field of web online games and mobile online games Main business: digital sports and data traffic.
Midline Great Bull Valley
Recently, Chinese publishing and Zhongshi media that have taken fans to play have eaten big meat, and Baili Electric has eaten meat 20CM+, not only that, but I have also seized a lot of opportunities to double bull stocks in the field of AI, and friends in the circle know that like Focus Technology and Blue Focus are 90%+ big meat off.
Give another chance, about to start the Lord's Ascension wave, and faith will come! The reasons are as follows:
(1) AI + robot + general machinery, multiple policy pushes,
(2) Excellent performance, a year-on-year increase of more than 500% in the first quarter, and the current pullback is in place, with a market value of more than 3 billion yuan and a stock price of less than 9 yuan
(3) The bottom limit breaks through the annual line, and the upward trend is obvious, MACD every day, week and month are out of the golden cross signal, the start is imminent.