Jinwu Financial News | According to SDIC Securities Research, the fourth paradigm (06682) was released in April 2023 under the generative AI wave, and based on this, the company released the AIGS Strategy (AI-Generated Software), which uses generative AI to restructure enterprise software and finally achieve AIGS through the three stages of Copilot, Copilot+ knowledge base, and thought chain COT+Copilot. Currently, the company's big model has been implemented in various industries such as aviation manufacturing and retail to help customers improve operation and management efficiency.
The bank said that the company has grown into one of the leading companies in the field of AI enterprise services, with a solid customer base. As artificial intelligence enters a new stage of development, the demand for new technology application development will increase significantly, which is expected to drive the company's revenue to continue to rise. It is expected that 2024-2026 will achieve operating income of 5.255 billion, 6.306 billion, and 7.567 billion dollars; the reference comparable company average gave the company 6.77 times PS in 2024, with a target price of HK$82.48 for the first time.