Huakai Yibai(SZ:300592) Xin Lang Cai Jing·2025-10-29 12:47Group 1 - AI technology has evolved from a supportive tool to a core cost-reduction engine in cross-border e-commerce, optimizing operations, supply chains, and customer service to drive systemic efficiency improvements [1] - The company has signed a comprehensive cooperation agreement with Huawei Cloud to develop an AI video generation model, leveraging Huawei's Pangu model and Ascend AI cloud services to create the "Yizhi Wanxiang" video model [1] - The collaboration aims to train a more targeted L1 model using vast data from the cross-border e-commerce industry, with plans to further develop industry-specific L2 models based on unique business scenarios [1] Group 2 - AI applications have enhanced operational efficiency by improving information transmission, reducing operational and management costs, and providing strong support for product selection decisions through precise market trend analysis [2] - Predictive models help anticipate sales peaks and inventory needs, preventing stockouts and excess inventory, while automated process management increases efficiency in order processing and shipping [2] - As of December 31, 2024, the company has 281 technical personnel, accounting for 8.08% of the total workforce [2] Group 3 - Revenue projections for the company are estimated at 9.88 billion, 10.67 billion, and 11.55 billion yuan for 2025-2027, with net profits of 100 million, 210 million, and 310 million yuan respectively [2] - Corresponding price-to-earnings ratios are expected to be 43.4, 21.3, and 14.3 times, maintaining a "buy" rating [2]