原标题：京西智谷助推"超现场"产业生态培育 近日，北京市广播电视局联合北京市经济和信息化局印发《北京市关于加快培育"超现场"产业生态的若 干措施》，明确以超高清视听技术为核心，构建技术领先、产业协同、生态完善的"超现场"产业发展新 格局。 在门头沟区，即将投运的XR沉浸视听联合实验室，将整合AR、XR技术实现360度空间感知；海天瑞声 数字人平台则实现分钟级数字人克隆，让"超现场"实现实时问答、数字分身互动等多模态交互，打破观 赛、观演与参与的边界。 姚继明介绍，2026年，京西智谷算力基础设施能级再度提升，人工智能算力中心规模扩容至900P，服 务企业超30家，资源使用率达75%；计算视听领域更是实现从"起步"到"标杆"的跨越，两家核心企业北 京京西智谷科技有限公司与北京计算视听科技有限公司首年运营即成功升规纳统，XR沉浸视听联合实 验室也进入施工阶段。 作为北京"超现场"产业生态的重要组成部分，门头沟区以"京西智谷""京西剧谷""央视界"链接京津冀产 业资源，助力全国文化中心建设。 据了解，北京下一步将以技术平台升级、产业生态扩容、场景标杆打造为核心，推动"超现场"产业加速 落地。北京市广播电视局党组成员 ...

Core Insights - The 2026 Spring Festival Gala marked a significant shift with AI becoming the main attraction, integrating deeply into the event in unprecedented ways [1][11] Group 1: AI Application and Engagement - The core of this AI-driven event was the "Doubao" application from ByteDance, which played a crucial role as the exclusive AI cloud partner, contributing to both technical support and interactive segments [3][4] - "Doubao" launched a large-scale "Doubao New Year" campaign a week before the gala, featuring exciting lottery activities with over 100,000 high-tech prizes, including robots and electric vehicles, to engage the audience [3][4] Group 2: Technical Infrastructure - Behind the scenes, ByteDance's video generation model Seedance 2.0 was responsible for creating customized visual experiences for several performances, enhancing the overall viewer experience [6] - The AI server supply chain was led by Inspur Information, which provided high-performance servers equipped with NVIDIA H800 GPUs, crucial for supporting "Doubao" and the gala's high concurrency interactions [7] Group 3: Data and Content Supply - Hai Tian Rui Sheng, a leader in AI training data, supplied high-quality multimodal training data for "Doubao," while Visual China provided essential image and video content [9] - The marketing aspect was significantly supported by BlueFocus, which integrated "Doubao" into its marketing platform, facilitating AI-driven promotional activities for the gala [9] Group 4: Hardware and Software Collaboration - Zhongke Chuangda was designated as the sole system-level software partner for "Doubao," focusing on optimizing the AI's performance on various devices [8] - ZTE collaborated with "Doubao" to develop AI smartphones, while other companies provided essential components for AI-enabled devices, ensuring seamless integration of AI technology into consumer products [8]

Core Viewpoint - The article highlights the significant performance of the Huabao AI ETF (589520), which has a weight of over 29% in the ByteDance industrial chain, and the upcoming release of major upgrades to the Doubao model by ByteDance on February 14, 2024 [1][3]. Group 1: ETF Performance - The Huabao AI ETF (589520) saw an intraday increase of 3.57%, currently up 3.42%, and has recovered all moving averages [1]. - Notable stocks within the ETF include Youke De-W, which surged by 20.01%, and other companies like Chuangliang Co. and Xinyuan Co. showing significant gains [2][4]. Group 2: ByteDance Developments - ByteDance is set to release the Doubao model 2.0, along with upgrades to the Seedance 2.0 and Seedream 5.0 models, enhancing foundational model capabilities and enterprise-level agent functionalities [2][3]. - The Seedance 2.0 video generation model has gained widespread popularity, and ByteDance plans to distribute over 100,000 tech gifts and cash red envelopes during the 2026 Spring Festival Gala [3]. Group 3: Industry Outlook - Guolian Minsheng Securities expresses optimism about AI investment opportunities, citing four dimensions of industry growth: increased capital expenditure by tech giants, the transition of AI assistants to executors, ongoing supply-demand tension in computing infrastructure, and the acceleration of AI application demand [3]. - The Huabao AI ETF focuses on the domestic AI industry chain, with significant allocations in semiconductor and software sectors, indicating a strong offensive strategy [6].

Core Viewpoint - The company, Hai Tian Rui Sheng (688787), plans to expand its overseas business and emerging data services in 2026 while facing shareholder reductions and the unlocking of restricted shares [1]. Stock Performance - Recent events may impact the company's stock price or market sentiment, but they are considered objective dynamics [2]. Executive Changes - On January 23, 2026, the company disclosed a new reduction plan, with relevant shareholders potentially implementing reductions through block trades, to be executed cautiously based on market conditions [3]. Performance and Operations - The company will strictly adhere to information disclosure rules, with the 2025 annual report expected to be released as planned, providing updates on operational performance and fundamentals [4]. Business Development - In 2026, the company plans to establish a second labeling base in Southeast Asia, adding approximately 500 personnel to support customized order demands from North America and global leading clients [5]. - As part of its emerging sector strategy, the company has formed a special team to collaborate with robot manufacturers, leading tech companies, and local governments to advance training ground solution designs and sample data delivery [6]. Company Status - According to earlier public information, some of the company's initial restricted shares are expected to be unlocked in August 2026, with specific scale to be confirmed in subsequent announcements [7]. Institutional Research - The company continues to attract institutional attention, having hosted 204 institutional research meetings in January 2026, focusing on its AI data strategic layout [8].

Core Insights - The A-share market saw a significant rally in computing power concept stocks, with notable gains from companies like UCloud (up over 14%) and others reaching their daily limit [1][2] - UCloud announced a price increase for its products and services starting March 1, 2026, due to rising costs in core hardware procurement and infrastructure driven by global supply chain disruptions [1] Stock Performance Summary - UCloud (688158) experienced a 14.09% increase, with a total market capitalization of 19.5 billion and a year-to-date gain of 52.47% [2] - Other notable performers included: - Dazhi Technology (600589) up 10% with a market cap of 20.6 billion and a year-to-date increase of 93.58% [2] - Jinkai New Energy (600821) up 9.97% with a market cap of 13 billion and a year-to-date increase of 27.65% [2] - Dongfang Guoxin (300166) up 7.48% with a market cap of 17 billion and a year-to-date increase of 46.18% [2] - Taicheng Light (300570) up 7.06% with a market cap of 32.4 billion and a year-to-date increase of 23.63% [2] - Other companies like Xiechuang Data (300857) and Shoudu Online (300846) also saw gains of over 6% [1][2]

Core Viewpoint - The A-share market saw a significant rise in computing power concept stocks, with notable gains from companies like UCloud and others, driven by an announcement regarding price adjustments due to rising costs in the global supply chain [1] Group 1: Stock Performance - UCloud (688158) experienced a rise of 14.09%, with a total market capitalization of 19.5 billion and a year-to-date increase of 52.47% [2] - Dazhi Technology (600589) increased by 10%, with a market cap of 20.6 billion and a year-to-date rise of 93.58% [2] - Jinkai New Energy (600821) saw a gain of 9.97%, with a market cap of 13 billion and a year-to-date increase of 27.65% [2] - Dongfang Guoxin (300166) rose by 7.48%, with a market cap of 17 billion and a year-to-date increase of 46.18% [2] - Taicheng Light (300570) increased by 7.06%, with a market cap of 32.4 billion and a year-to-date rise of 23.63% [2] - Other notable performers include Xiechuang Data (300857) up 6.86%, Shoudu Online (300846) up 6.22%, and Tianfu Communication (300394) up 5.96% [2] Group 2: Price Adjustment Announcement - UCloud announced a price increase for all products and services starting March 1, 2026, due to significant and structural increases in core hardware procurement and infrastructure costs [1]

Core Viewpoint - The company emphasizes the existence of scale effects in its business, driven by increased investment in R&D and the enhancement of its self-developed platform capabilities, which facilitate more intelligent human-machine collaboration in data processing [1] Group 1: Business Strategy - The company is focusing on accumulating data products and developing platforms and tools, which will lead to a gradual increase in business scale and allow for the dilution of related R&D and management expenses [1] - The company plans to continue investing in technology to optimize the human-machine collaboration ratio for data processing tasks, thereby reducing personnel input and improving processing efficiency [1] Group 2: Cost Management - There is significant potential for further reduction in data production costs, with the company aiming to strengthen supply chain resource management capabilities to expand resource supply and lower unit costs [1] Group 3: Product Development - The company is committed to developing a large number of standardized data set products that are general-purpose and have high resale rates, which consistently generate profits and enable the scaling effect of training data products [1]

Core Viewpoint - The company, HaiTian RuiSheng, is a leading AI training data service provider in China, offering multimodal AI data solutions to various domestic and international clients, including ByteDance, focusing on smart voice, natural language, and computer vision fields [2]. Group 1: Competitive Advantages - The company operates on a "service + standardized product" dual model, where standardized data products are the main source of revenue and gross profit, supported by a reusable research, production, and sales system that ensures scalability and high profit margins [2]. - The company has a leading technology platform, continuously investing in R&D to enhance algorithms, platforms, and engineering capabilities, effectively improving data processing scale, efficiency, and cost control through human-machine collaborative algorithm assistance [2]. - The company has established a strong supply chain system, ensuring stable resource management for data acquisition and allocation, while continuously improving operational capabilities such as personnel management, task distribution, and quality control through platform construction [2]. - The company has a comprehensive security and compliance assurance system, having obtained certifications such as ISO27001, ISO27701, and level B surveying qualifications, ensuring compliance with global regulations like GDPR and China's Data Security Law, which has garnered high recognition from clients [2].

Core Viewpoint - The company, Hai Tian Rui Sheng, emphasizes its technological capabilities in the visual field, particularly in image/video annotation and multimodal data fusion, which are crucial for enhancing model performance and efficiency [2] Group 1: Technological Capabilities - The company possesses advanced technology in image/video annotation and multimodal data fusion [2] - High-quality annotation significantly accelerates model performance improvement and indirectly saves computing power [2] - Precise data reduces training noise, speeds up model convergence, and optimizes data usage efficiency, thereby lowering overall computing power consumption [2]

Core Viewpoint - The company, HaiTian RuiSheng (688787.SH), is a leading AI training data service provider in China, offering multimodal AI data solutions to various domestic and international clients, including ByteDance, focusing on intelligent voice, natural language, and computer vision fields. Group 1: Competitive Advantages - The company operates on a "service + standardized product" dual model, where standardized data products are the main source of revenue and gross profit, supported by a scalable and high-margin business model reliant on precise industry demand assessment and financial strength [1]. - The company has a leading technology platform with continuous R&D investment, enhancing algorithm, platform, and engineering capabilities, which improves data processing scale, efficiency, and cost control through human-machine collaborative algorithm assistance [1]. - A robust supply chain management system has been established, ensuring effective data resource acquisition and allocation, while platform construction enhances personnel management, task distribution, and quality control capabilities [1]. - The company has a comprehensive data security and compliance management system, holding certifications such as ISO27001, ISO27701, and others, ensuring compliance with global regulations like GDPR and China's Data Security Law, which has garnered high recognition from clients [1]. Group 2: Technical Capabilities - In the visual field, the company possesses technical capabilities in image/video annotation and multimodal data fusion [1]. - High-quality annotation significantly accelerates model performance improvement, indirectly saving computing power, as precise data reduces training noise and speeds up model convergence, optimizing data usage efficiency and lowering overall computing power consumption [1].