IFLYTEK(SZ:002230) Ju Chao Zi Xun·2025-08-21 13:58Core Viewpoint - The company plans to raise up to 4 billion yuan through a targeted issuance of A-shares, with 800 million yuan allocated for the development of educational large models and 3.2 billion yuan for supplementing working capital [1][2] Group 1: Funding and Investment - The fundraising will focus on the research and development of educational large models, addressing challenges such as content safety and knowledge illusion control in educational applications [2] - The company aims to create a dedicated large model with strong educational attributes, integrating general knowledge, subject knowledge, and educational teaching concepts [2] Group 2: Technological Development - The company has established a fully domestic technology system from hardware to software, achieving significant first-mover advantages in the AI sector [1] - The company released the "Feixing No. 1" national intelligent computing platform in October 2023 and trained China's first trillion-parameter large model, "Xunfei Xinghuo V3.5," in January 2024 [1] Group 3: Market Positioning - The educational large model is not merely a customized version of a general model but is designed to support all educational scenarios, aiming to solve industry challenges such as personalized learning and resource balance [2] - The company seeks to deepen the integration of "large models + education" to enhance its competitive advantage in the education market [2]