科大讯飞大幅调整定增方案

Core Viewpoint - The company Keda Xunfei has significantly revised its fundraising plan for the issuance of A-shares, changing the allocation of raised funds while maintaining the total amount at 4 billion yuan [1]. Fundraising Allocation - The revised fundraising plan includes a total investment of 432.571 million yuan, with 400 million yuan allocated for specific uses. The allocation is as follows: - 80 million yuan for the Spark Education large model and typical products - 240 million yuan for the computing power platform - 80 million yuan for supplementing working capital - Compared to the previous plan released on August 22, the amount for working capital has been reduced from 320 million yuan to 80 million yuan, while an additional 240 million yuan has been allocated to the computing power platform project, which now accounts for approximately 60% of the total fundraising [2][3]. Computing Power Platform Project - The computing power platform project aims to expand computing resources to support the iterative upgrades of the Spark cognitive large model. It will also provide computational support for the continuous optimization of various large models, including the Spark X1 model and multi-modal large models [3]. - The project aligns with national policies that emphasize the importance of autonomous and controllable large model computing power construction, making the rental of computing power more reasonable under government support [4]. National Policy Support - The recent government policy encourages the strengthening of intelligent computing power coordination and supports innovation in artificial intelligence chips. This includes accelerating breakthroughs in large-scale intelligent computing clusters and enhancing the operational models of intelligent computing infrastructure [4][5]. Global Market Strategy - Keda Xunfei plans to enhance the multi-language support capabilities of its large models, targeting overseas market demands. The company aims to optimize its technology to fit local language habits, cultural contexts, and industry applications, particularly for partners in countries along the "Belt and Road" initiative [5]. Stock Performance - As of September 29, Keda Xunfei's stock closed at 53.95 yuan per share, with a market capitalization of 124.7 billion yuan [5].