计算机行业ERP：AI应用价值重估先行者

Investment Rating - The report maintains an "Outperform" rating for the computer industry [2][5]. Core Insights - The report highlights the significant role of ERP systems as a gateway for enterprise services, accumulating high-quality data and potentially positioning DeepSeek as a leader in private deployment [5]. - DeepSeek's recent open-source model releases have enhanced computational efficiency, leading to rapid adoption, with a global daily active user count surpassing 20 million within 20 days of launch [5]. - The report emphasizes the transformative potential of AI in ERP systems, particularly following SAP's integration of AI into its product matrix, which has resulted in a stock price increase of 187.8% from January 3, 2023, to February 14, 2025 [5]. - The SaaS market in China reached a scale of 58.1 billion yuan in 2023, growing at approximately 23.1%, indicating a rising penetration rate and the potential for AI applications to enhance SaaS value [5]. Summary by Sections Market Performance - The computer industry has shown a performance trend with fluctuations ranging from -24% to +61% over the specified periods [3]. Related Research - The report references several related studies that explore the implications of AI in various applications, including robotics and enterprise resource planning [4]. Investment Recommendations - The report suggests focusing on companies such as Kingdee International, Yonyou Network, Hand Information, Dingjie Smart, P-Link Software, Saiyi Information, Shiji Information, Jiuxi Software, and China Software International for potential investment opportunities [5].