Core Insights - The 2025 Fortune China Tech 50 list was released, with Huawei Investment Holding Co., Ltd. ranking first due to its comprehensive leadership in communication, chips, operating systems, and artificial intelligence [1] - DeepSeek, focused on AI large model development, ranked second, showcasing significant advancements in the AI sector [1] Huawei - Huawei is recognized as a representative of Chinese tech companies, driving global communication and smart technology development [3] - In the 5G communication sector, Huawei holds a 15% share of essential patents, ranking first globally and providing key technological support for 5G network construction in multiple countries [3] - The Kirin 9020 chip has over 90% localization rate, with significant performance improvements; the Ascend AI processor has set global performance records in supporting large model inference [3] - The Harmony operating system has surpassed 10 million devices, with its ecosystem continuously expanding [3] - Huawei has made breakthroughs in optical technology, network architecture, and AI algorithms, facilitating technological upgrades across various industries [3] DeepSeek - DeepSeek is a leading enterprise in China's AI field, gaining global attention with its self-developed large model DeepSeek-R1, which scored 88.5 in the MMLU benchmark test, significantly outperforming international models like Llama 3 and Claude 2 [9] - The influence of DeepSeek in the open-source community is growing, with its model's global download volume ranking in the top ten [9] - As of June 2025, DeepSeek has reached 163 million monthly active users, becoming the largest AIGC application globally, reflecting China's strong market vitality and technological implementation capabilities in AI [9] Other Notable Companies - Other companies such as CATL, Alibaba, Tencent, and BYD have also made it to the top ranks due to their leading technological capabilities and market performance [10] - CATL continues to lead globally in power batteries and energy storage systems, achieving a 37.6% market share in global power battery installations in 2024, marking its seventh consecutive year in the top position [10]

Core Insights - DeepSeek officially released DeepSeek-V3.1 on August 21, featuring significant upgrades in its architecture and capabilities [1] Group 1: Product Upgrades - The new hybrid reasoning architecture allows a single model to support both thinking and non-thinking modes [1] - DeepSeek-V3.1-Think demonstrates improved efficiency, providing answers in a shorter time compared to DeepSeek-R1-0528 [1] - Enhanced agent capabilities have been achieved through post-training optimization, resulting in better performance in tool usage and agent tasks [1] Group 2: API and Pricing Changes - The DeepSeek API has been upgraded to include deepseek-chat for non-thinking mode and deepseek-reasoner for thinking mode, with context expanded to 128K [1] - A new pricing structure for API calls will be implemented starting September 6, 2025, with the cancellation of night-time discounts [2] - Until September 6, all API services will continue to be billed under the original pricing policy [4] Group 3: Technical Specifications - DeepSeek-V3.1 utilizes UE8M0 FP8 Scale parameter precision, designed for the upcoming generation of domestic chips [4] - The integration of DeepSeek-V3.1 capabilities into the Claude Code framework is facilitated by support for Anthropic API format [1]

Core Insights - DeepSeek has released version 3.1, marking a significant step towards the "Agent Era" [1] - The new version utilizes UE8M0 FP8 Scale parameter precision, indicating advancements in technology [1] - There are notable adjustments in the tokenizer and chat template compared to the previous version, DeepSeek-V3 [1] - The UE8M0 FP8 is specifically designed for an upcoming next-generation domestic chip [1][2] Company Developments - The official webpage, app, mini-program, and API platform have all been updated to incorporate the new model [2] - Users have expressed anticipation for additional features, such as image and video functionality [2]

Market Overview - The A-share market experienced a slight decline on August 21, with the three major indices turning negative around 14:20, but managed to recover slightly by the end of the trading session. The Shanghai Composite Index rose by 0.13%, while the Shenzhen Component Index fell by 0.06%, and the ChiNext Index dropped by 0.47% [1] - A total of 2,170 stocks rose, 56 stocks hit the daily limit up, and 3,091 stocks declined [2] Stock Performance - The total trading volume reached 24,603.35 billion, with a total of 162,011.0 million shares traded. The number of rising stocks decreased by 543, representing a decline of 20.01% [3] - Notable stocks that surged included Sanwei Xinan (688489) with a rise of 20.01% to 51.70, and Beixin Source (300352) with a rise of 19.97% to 7.57 [5] Sector Highlights - Stablecoin concept stocks performed well against the market trend, with several stocks hitting the daily limit up due to positive news exceeding market expectations [4] - Oil and gas stocks saw a rise, with Zhuan Oil Co. (002207) and Shenkai Co. (002278) both hitting the daily limit up [6] - Banking stocks showed strength, with Agricultural Bank and Postal Savings Bank (601658) reaching new historical highs [8] - The agriculture sector experienced significant gains, with Muyuan Foods (002714) rising nearly 6%. The company reported a total revenue of 76.463 billion for the first half of the year, a year-on-year increase of 34.46%, and a net profit of 10.53 billion, up 11.7 times year-on-year [10] Declines - The liquid cooling server concept stocks faced adjustments, with Jintian Co. (601609) and Chuanrun Co. (002272) hitting the daily limit down [11] - The market saw a notable decline in high-flying stocks, with several stocks experiencing significant drops, including Lianhuan Pharmaceutical (600513) and Zhongdian Xindong (002298) [13] Company News - DeepSeek announced the release of its upgraded AI model, DeepSeek-V3.1, which features a mixed reasoning architecture and improved efficiency. This news led to a late-session rally in DeepSeek concept stocks [14][16]

凤凰网科技讯 8月21日，DeepSeek在其官宣"正式发布DeepSeek-V3.1"的文章里面提到，DeepSeek-V3.1 使用了UE8M0 FP8 Scale的参数精度。另外，V3.1对分词器及chat template进行了较大调整，与 DeepSeek-V3 存在明显差异。DeepSeek官微在置顶留言里说，UE8M0 FP8是针对即将发布的下一代国产 芯片设计。 此外，针对网友提问DeepSeek版本信息不是V3.1的问题，官方回复表示，当前官方网页端、App、小程 序及 API 开放平台所调用模型均已同步更新，新模型自我认知为DeepSeek-V3。 ...

"迈向智能体时代的第一步"。 8月21日，业界千呼万唤的R2模型没来，但DeepSeek官方正式发布了新模型V3.1。从命名来看这或许不是一次大的版本更新，更像是前一代DeepSeek-V3模 型的小版本迭代。 在X上，DeepSeek将V3.1称为"我们迈向智能体时代的第一步"（our first step toward the agent era）。本次升级主要有三大亮点，其中包括更强的 Agent能力、 混合思考模式和更高的思考效率。 官方表示，通过后训练优化，新模型在工具使用与智能体任务中的表现有较大提升。在编程智能体、搜索智能体测评中， V3.1 相比之前的 DeepSeek 系列 模型都有明显提高。 | Benchmarks | DeepSeek-V3.1 | | --- | --- | | SWE-bench | 66.0 | | Verified | | | SWE-bench | 54.5 | | Multilingual | | | Terminal-Bench | 31.3 | DeepSeek-V3.1 是混合推理架构，一个模型同时支持思考模式和非思考模式。目前用户可在官方 App与网 ...

智通财经APP获悉，8月21日，DeepSeek正式发布 DeepSeek-V3.1。本次升级包含主要变化有：混合推理架构(一个模型同时支持思考模式与非思考模式)； 更高的思考效率(相比 DeepSeek-R1-0528，DeepSeek-V3.1-Think 能在更短时间内给出答案)；更强的 Agent 能力(通过 Post-Training 优化，新模型在工具使 用与智能体任务中的表现有较大提升)。 表 2：搜索智能体测评(测试结果调用商用搜索引擎 API+网页过滤+128K context window；R1-0528 使用内部 workflow 模式测试；HLE 测试同时使用 python 与 search 工具) | Benchmarks | DeepSeek-V3.1 | DeepSeek- | | --- | --- | --- | | | | R1-0528 | | Browsecomp | 30.0 | 8.9 | | Browsecomp_zh | 49.2 | 35.7 | | HLE | 29.8 | 24.8 | | xbench-DeepSearch | 71.2 | 55.0 | ...

8月21日，《财富》杂志发布了2025年中国科技50强榜单，华为投资控股有限公司、深度求索（DeepSeek）、宁德时代新能源科技股份有限公司等多家科 技企业入选。该榜单涵盖人工智能、新能源、生物医药、高端制造等多个前沿领域。 据《财富》介绍，在技术迭代与市场需求的交汇中，中国公司们正在以强大的执行力推动科技落地。在大模型领域，它们避开空泛的概念炒作，聚焦金 融、医疗等垂直领域的模型优化，提高效率；它们通过优化关节灵活性与续航能力，让机器替代人类进入高危、高强度作业场景；它们研发更高效、清洁 的能源，让人类与自然更和谐相处。 除上述公司外，阿里巴巴、腾讯、比亚迪、字节跳动等知名科技企业也跻身该榜单。值得注意的是，不少新兴科技公司如宇树科技、稀宇科技、玻色量子 等同样凭借在细分领域的创新表现获得认可。 | 北京字节跳动科技有限公司 | | --- | | 杭州宇树科技股份有限公司 | | 大疆创新 | | 石药控股集团有限公司 | | 联想集团有限公司 | | 京东方科技集团股份有限公司 | | 上海稀宇科技有限公司 | | 大族激光科技产业集团股份有限公司 | | 杭州云深处科技有限公司 | | 顺丰科技有限 ...

Core Insights - DeepSeek has officially released the upgraded model DeepSeek-V3.1, which features a hybrid reasoning architecture that supports both thinking and non-thinking modes [1] - The new model, DeepSeek-V3.1-Think, demonstrates improved thinking efficiency, providing answers in a shorter time compared to its predecessor DeepSeek-R1-0528 [1] - Enhanced agent capabilities have been achieved through post-training optimization, significantly improving performance in tool usage and agent tasks [1] Pricing Adjustments - Starting from September 6, 2025, the pricing for API calls on the DeepSeek open platform will be adjusted according to a new price list, with the cancellation of night-time discounts [2] - Until September 6, 2025, all API services will continue to be billed under the original pricing policy [4]

Core Insights - DeepSeek announced the release of DeepSeek-V3.1 and will adjust the API pricing effective September 6, 2025 [1][3] - The new pricing structure includes input prices of 0.5 CNY per million tokens for cache hits and 4 CNY per million tokens for cache misses, with output prices set at 12 CNY per million tokens [1] Group 1: Upgrade Features - The V3.1 upgrade introduces a hybrid reasoning architecture that supports both thinking and non-thinking modes within a single model [3] - Enhanced thinking efficiency allows DeepSeek-V3.1-Think to provide answers in a shorter time compared to its predecessor, DeepSeek-R1-0528 [3] - Improved agent capabilities through post-training optimization significantly enhance the model's performance in tool usage and agent tasks [3] Group 2: User Experience - The official app and web model have been upgraded to DeepSeek-V3.1, allowing users to switch freely between thinking and non-thinking modes via a "deep thinking" button [3]