SUPCON Technology (SH:688777) 3 6 Ke·2025-09-11 07:25Core Insights - The release of AI technologies, particularly the DeepSeek R1 model, has significantly lowered the cost of deep thinking models, leading to widespread adoption of AI across various sectors [1] - The Chinese government has accelerated the penetration of AI into multiple industries through the "Artificial Intelligence+" initiative [1] - The industrial AI market in China is projected to exceed 120 billion yuan by 2025, with a compound annual growth rate of 28.6% [1] Industrial AI Development - The consensus in the industrial sector has shifted from questioning the integration of AI to increasing investments in AI technologies [3] - Major companies have launched various industrial AI models, including those from iFLYTEK, China Unicom, and China Mobile, indicating a competitive landscape [3] - The TPT model developed by Zhongkong Technology has demonstrated significant efficiency improvements in industrial processes, such as reducing pH adjustment time by over 80% [3][4] Industrial AI Agents - Industrial AI Agents are emerging as the optimal form for implementing AI in industrial settings, characterized by autonomous perception, cognition, decision-making, and learning capabilities [4] - The global industrial intelligence market is expected to surpass 3.5 trillion yuan, with China holding over 40% of the market share [4] - The TPT 2 model represents a paradigm shift, enabling autonomous decision-making and optimizing production processes [9][10] Market Response and Adoption - Zhongkong Technology has established a strong presence in the industrial AI sector, serving over 37,000 clients and deploying more than 100,000 industrial control systems [5] - The TPT model has received significant market recognition, with 518 pre-orders and 112 confirmed transactions following its launch [16] - The establishment of the "Industrial AI Data Alliance" aims to create a collaborative ecosystem for data sharing and security, enhancing the value of industrial data [18] Financial Performance - Zhongkong Technology reported a revenue of 9.139 billion yuan in 2024, with a year-on-year growth of 6.02%, and a notable increase in industrial software revenue by 20.7% [19] - The gross margin for industrial software has significantly improved, reaching 54.03% in the first half of 2025, up from 31.67% in the previous year [19] - The company is positioned as a leader in the industrial AI sector, with its platformization strategy driving growth and innovation [21]