IFLYTEK(SZ:002230) Xin Lang Cai Jing·2025-10-03 01:46Core Viewpoint - The company, iFlytek, is enhancing its computing power infrastructure by revising its fundraising plan to include a new "computing power platform" project with an investment of 2.4 billion yuan, while maintaining the total fundraising amount at 4 billion yuan [1]. Group 1: Fundraising and Investment Plans - iFlytek announced a revision to its fundraising plan, adding a new project for a computing power platform with an investment of 2.4 billion yuan [1]. - The total amount to be raised remains unchanged at 4 billion yuan, with 800 million yuan allocated for the Spark Education large model and typical products, and the remaining 800 million yuan for working capital [1]. - The revised plan will require approval from the shareholders' meeting [1]. Group 2: Computing Power Strategy - The company plans to implement the computing power platform project through a computing power leasing model, which will allow for timely and cost-effective upgrades to the Spark large model [2]. - The demand for computing power is increasing due to the growing scale of model parameters and training data, alongside the rising computational requirements for deep reinforcement learning [2]. - iFlytek is facing challenges with domestic AI chip development and software ecosystems, which are still relatively weak, leading to a "bottleneck" in computing power [2]. Group 3: Collaboration and Recognition - iFlytek has established long-term collaborative mechanisms with domestic computing power manufacturers such as Huawei and Cambrian, focusing on the deep utilization of domestic computing clusters [3]. - The company has identified and resolved several hidden issues in the underlying software and hardware of domestic computing power, leading to efficient resource utilization [3]. - iFlytek's comprehensive capabilities have received high recognition and support from national and local governments [3].