| 25 | | 金蝶国际 | 77.06 | 1 4 | | --- | --- | --- | --- | --- | | 26 | | 新东方 | 76.45 | 1 1 | | 27 | | 万国数据 | 75.02 | 11 | | 28 | | 用友网络 | 71.64 | 1 t | | 29 | | 巨人网络 | 65.55 | 1 t | | 30 | m | 美图公司 | 63.41 | 1 1 | | 31 | | 金山软件 | 62.27 | 2 t | | 32 | | 昆仑万维 | 62.24 | 2 1 | | 33 | | 中国软件 | 62.24 | -1 - | | 34 | | 好未来 | 62.22 | | | 35 | | 同程旅行 | 61.28 | 11 | | 36 | | 深信服 | 59.74 | 1 1 | | 37 | | 润和软件 | 59.69 | -2 1 | | 38 | | 恺英网络 | 56.34 | 11 | | 39 | | 拓维信息 | 55.83 | -1 | | 40 | | 柏楚电子 | 54.06 | | | 41 | 3) | ...

金十图示：2025年07月29日（周二）中国科技互联网公司市值排名TOP 50一览 | 3 | | 阿里巴巴 | 2913.7 | | --- | --- | --- | --- | | 4 | | 小米集团-W | 1823.48 | | 5 | | 拼多多 | 1657.58 | | 6 | 美团 | 美团-W | 990.12 | | 7 | 绸易 | 网易 | 835.06 | | 8 | | 中芯国际 | 530.08 | | | --- | --- | --- | --- | --- | | 9 | | 东方财富 | 522.2 | | | 10 | | 京东 | 478.87 | | | 11 | 88 | 快手-W | 388.76 | | | 12 | | 腾讯音乐 | 334.56 | | | 13 | | 理想汽车 | 312.46 | | | 14 | Bai San | 百度 | 307.33 | | | 15 | | 贝壳 | 231 | | | 16 | × | 小鹏汽车 | 180.55 | 1171 | | 17 | | 中通快递 | 159.39 | 1 t | | 18 ...

金十图示：2025年07月28日（周一）中国科技互联网公司市值排名TOP 50一览 | 8 | | 中芯国际 | 541.27 | | | --- | --- | --- | --- | --- | | 9 | | 东方财富 | 535.73 | | | 10 | | 京东 | 478.29 | | | II | 86 | 快手-W | 398.09 | | | 12 | | 腾讯音乐 | 329.92 | -1 + | | 13 | | 理想汽车 | 316.64 | -1 | | 14 | Baics Bar | 百度 | 312.14 | -1 + | | 15 | | 贝壳 | 232.31 | -1 4 | | 16 | 8 | 同花顺 | 221.39 | 11-1 | | 17 | | 小鹏汽车 | 180.83 | -1 | | 18 | | 中通快递 | 162.27 | -1 4 | | 19 | | 科大讯飞 | 158.89 | -1 | | 20 | | 蔚来 | 111.42 | -1 + | | 21 | | 一六零 0 | 105.26 | -1 | | 22 | | 宝信软件 ...

Investment Rating - The report maintains an investment rating of "Outperform the Market - A" [5] Core Insights - The 2025 World Artificial Intelligence Conference (WAIC) showcased significant advancements in AI technology, particularly in computing power, algorithms, and applications, indicating a robust growth trajectory for the industry [12][60] - Domestic manufacturers are progressively enhancing their chip performance from inference to training, emphasizing ecosystem support and application scenarios [13][60] - The report highlights the emergence of quantum computing as a disruptive innovation in the computing power industry, with potential for exponential growth in computational capabilities [38][39] Summary by Sections 1. Industry Overview - The WAIC 2025 featured over 800 companies and more than 3000 cutting-edge exhibits, marking the largest scale in its history [12] - The conference focused on AI technology frontiers, industry trends, and global governance practices [12] 2. Computing Power - Domestic chip manufacturers are evolving from inference-focused AI chips to high-performance training chips, showcasing various industry applications [13] - The report notes the importance of supernodes, integrated machines, and liquid cooling solutions as key trends in the future of domestic AI computing power [18][19] 3. Algorithms - The evolution of large models is highlighted, with a shift towards multi-modal capabilities and the integration of deep reasoning and thinking abilities [43][44] - The report emphasizes the growing importance of AI agents and physical AI, which aim to enable intelligent agents to understand and interact with the real world [43][44] 4. Applications - The report identifies a flourishing landscape for both B2B and B2C AI applications, with significant advancements in areas such as AI glasses, smart driving, and robotics [60] - C-end applications focus on AIGC and productivity tools, while B-end applications emphasize cost reduction and efficiency improvements across various sectors [60][61] 5. Quantum Computing - Quantum computing is positioned as a critical future technology, with companies showcasing solutions that leverage quantum mechanics for superior computational capabilities [38][39]

Group 1 - China Baowu Steel Group is focusing on using information technology, digitalization, and intelligence to drive innovation in the steel industry, elevating "AI redefining steel" to a company strategy [2] - Baoshan Iron & Steel Co., a flagship subsidiary, has developed a new round of digital transformation strategy marked by "AI+", planning to build 1,000 "AI+" applications to promote digital transformation and intelligent upgrades in the steel industry [3][5] - The "Steel Big Model" developed by Baoshan Software won the SAIL award, recognized for its outstanding contribution to the integration of AI technology and the steel industry [2] Group 2 - The "AI+" overall solution has achieved deep application in 105 typical scenarios, covering 18 core business areas in the steel industry, with a key process coverage rate exceeding 85% [2] - The implementation of smart scheduling has improved production efficiency, with one base achieving an annual increase in efficiency of 1.79 million yuan per machine, potentially increasing annual benefits by over 100 million yuan for the entire base [3] - Baowu is establishing specialized, digital platforms for equipment maintenance, industrial product procurement, and logistics to enhance service efficiency and create a modern service industry system driven by intelligence [4] Group 3 - Baowu has established the Industrial Intelligence Research Institute and the Digital Industry Research Institute to accelerate breakthroughs in core technologies, emphasizing self-controllable technology [5] - The company aims to achieve a transformation from "manufacturing" to "intelligent manufacturing" and from "modern management" to "intelligent management" through a series of key actions [5] - Baowu plans to focus on six key areas, including data foundation construction, deepening the steel big model, empowering transformation through intelligent agents, and enhancing AI innovation demonstration [5]

Core Viewpoint - Baosight Software (600845) has seen a price increase of 5.76% this week, closing at 25.9 yuan on July 25, 2025, with a total market capitalization of 74.691 billion yuan, ranking 1st in the IT services sector and 202nd in the A-share market [1]. Company Announcements - The 31st meeting of the 10th Board of Directors and the 31st meeting of the 10th Supervisory Board of Baosight Software were held on July 21, 2025, where Mr. Tian Guobing was elected as the Chairman of the Board and the Director of the Strategic Committee [1]. - The first extraordinary general meeting of shareholders in 2025 was held on July 21, 2025, with 1,015 shareholders participating, representing 54.9768% of the total shares. Mr. Tian Guobing was elected as a non-independent director with 99.7625% of the votes [2][3].

Core Insights - The article presents the market capitalization rankings of the top 50 Chinese technology and internet companies as of July 25, 2025, highlighting their respective valuations in billions of dollars [1]. Group 1: Market Capitalization Rankings - The top three companies by market capitalization are: 1. Alibaba: $1,000.00 billion 2. Tencent: $800.00 billion 3. Baidu: $600.00 billion [3] - Other notable companies in the top 10 include: - JD.com: $482.47 billion - SMIC (Semiconductor Manufacturing International Corporation): $519.90 billion - Tencent Music: $328.83 billion [3][4] Group 2: Additional Rankings - Companies ranked from 11 to 20 include: - Li Auto: $316.74 billion - Xpeng Motors: $182.36 billion - NIO: $109.38 billion [4][5] - The rankings continue with companies such as: - New Oriental: $74.44 billion - Kingsoft: $61.55 billion - Perfect World: $38.92 billion [5]

Core Points - The China Securities Central Enterprises New Momentum Theme Index (央企新动能, 931522) rose by 1.33% to 1683.98 points, with a trading volume of 25.443 billion yuan [1] - Over the past month, the index has increased by 6.81%, 7.24% over the last three months, and 1.58% year-to-date [1] - The index includes 45 representative listed companies from central state-owned enterprises in manufacturing, technology, and modern services, reflecting the overall performance of these companies [1] Index Composition - The top ten weighted stocks in the index are: Hikvision (9.55%), Changan Automobile (8.66%), AVIC Optoelectronics (6.72%), Shenzhen South Circuit (4.8%), AVIC Onboard (4.06%), China Software (3.6%), AVIC Chengfei (3.44%), China Merchants Highway (3.3%), AVIC High-Tech (3.03%), and Baoxin Software (2.95%) [1] - The market segments of the index holdings are: Shenzhen Stock Exchange (61.98%), Shanghai Stock Exchange (37.67%), and Beijing Stock Exchange (0.35%) [1] Industry Breakdown - The industry composition of the index holdings is as follows: Industrial (45.99%), Information Technology (38.00%), Consumer Discretionary (9.13%), Communication Services (4.42%), Financials (1.54%), and Materials (0.92%) [2] - The index samples are adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December [2] - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [2]

Group 1 - The article presents the market capitalization rankings of the top 50 Chinese technology and internet companies as of July 24, 2025 [1] - The highest-ranked company is Alibaba, with a market capitalization of 1,000 billion [3] - Other notable companies in the top 10 include Tencent with 600 billion and Baidu with 320 billion [3][4] Group 2 - The rankings show significant market values, with companies like JD.com at 489.1 billion and Kuaishou at 431.56 billion [3] - The list includes various sectors such as e-commerce, automotive, and software, indicating a diverse technology landscape [4][5] - Companies like Xpeng Motors and NIO are also featured, with market caps of 179.5 billion and 111.42 billion respectively [3][4]

Core Insights - The article presents the market capitalization rankings of the top 50 Chinese technology and internet companies as of July 23, 2025, highlighting significant players in the industry [1]. Group 1: Top Companies by Market Capitalization - Alibaba leads the list with a market capitalization of approximately $2879.35 billion [3]. - Xiaomi Group follows with a market capitalization of around $1917.71 billion [3]. - Other notable companies include Oriental Fortune at $523.45 billion, SMIC at $492.43 billion, and JD.com at $488.38 billion [4]. Group 2: Additional Rankings - Kuaishou ranks 11th with a market cap of $410.71 billion, while Tencent Music is at 12th with $330.85 billion [4]. - Li Auto and Baidu are also significant players, with market caps of $330.12 billion and $317.82 billion, respectively [4]. - The list continues with companies like Xpeng Motors at $179.88 billion and ZTO Express at $155.31 billion [5]. Group 3: Lower Rankings - New Oriental has a market cap of $77.82 billion, while Kingdee International is at $72.8 billion [5]. - Other companies in the lower rankings include Ufine Network at $67.26 billion and Tongcheng Travel at $65.15 billion [5]. - The bottom of the list features companies like Yueda Group at $39.94 billion [6].