DHCC(SZ:002065) Shang Hai Zheng Quan Bao·2025-12-05 19:08Core Viewpoint - The company emphasizes the importance of continuous innovation in high-tech industries to avoid obsolescence and aims to invest approximately 8% of annual sales revenue in R&D, focusing on AI technology, product innovation, and business model innovation [2][8]. Group 1: Strategic Direction - The company adopts an "All in AI" strategy, positioning itself as a leader in industry large models, akin to Palantir, and aims to leverage AI as a core force for industry transformation [3][6]. - The company believes that the current AI revolution presents a significant business opportunity, and its strategy is based on precise positioning rather than following trends blindly [6][7]. Group 2: Collaboration and Partnerships - The company has a long-standing strategy of collaborating with major tech firms like IBM, Microsoft, Huawei, and Tencent, which has been crucial for its growth and ability to capture industry trends [3][5]. - The partnership with Moore Threads exemplifies the company's philosophy of mutual benefit, combining software capabilities with hardware needs to enhance AI applications [4][5]. Group 3: Internal Growth and Efficiency - The company focuses on internal growth through innovation, maintaining an annual R&D investment of around 8% of sales revenue, and aims to optimize industry large models for various sectors including healthcare and finance [8][9]. - AI is integrated into daily operations to improve efficiency, allowing the company to reduce the workforce needed for tasks like coding, thereby reallocating resources to further AI model development [6][8]. Group 4: Mergers and Acquisitions - The company employs a dual strategy of internal growth and external expansion through acquisitions, specifically targeting firms that can enhance its AI capabilities and market reach [8][9]. - An example of successful acquisition is the purchase of ShenZhou New Bridge, which has significantly increased its revenue and profit, demonstrating effective synergy [9]. Group 5: Social Responsibility - The company integrates ESG principles into its operations, employing over 100 disabled individuals, which reflects its commitment to social responsibility while also enhancing its corporate image [9].