2025-03-11 01:02Investment Rating - The industry investment rating is "Overweight" indicating a positive outlook for the sector [3]. Core Insights - The integration of AI into the human resources industry is expected to alleviate the talent shortage, with a projected gap of 4 million AI professionals in China by 2030. Over 70% of surveyed companies are already utilizing AI in HR management, primarily to enhance employee experience and improve recruitment efficiency [3][6][8]. - The human resources service market in China is anticipated to grow from approximately 2.76 trillion yuan in 2023 to 5.03 trillion yuan by 2028, reflecting a compound annual growth rate (CAGR) of 12.7% [22][24]. - AI applications in recruitment are becoming increasingly sophisticated, with 34.3% of companies employing AI in recruitment management, particularly in areas such as AI interviews and resume screening [12][13]. Summary by Sections Industry Overview - AI is deeply integrated into the human resources sector, addressing the talent gap and enhancing operational efficiency. The use of AI agents is projected to double the existing workforce by 2025 [6][8]. - Government policies are driving the adoption of AI in HR, with initiatives aimed at fostering digital transformation and innovation in the service industry [8][10]. Company Analysis Beijing International Human Resources - The "Jingqi Direct Recruitment" platform utilizes AI to match candidates with job openings efficiently, significantly reducing the time and cost associated with recruitment [26][27]. - The "Easy Beijing" app employs AI for 24/7 multilingual customer service, enhancing employee satisfaction and operational efficiency [26]. Core International - Core International has integrated the DeepSeek-R1 AI model to improve recruitment efficiency and reduce costs. The company is investing heavily in technology, with 58.85% of its budget allocated to digital product development [29][30]. - The development of the industry-level pre-trained language model CRE is set to enhance the understanding of complex semantic relationships in recruitment [30]. BOSS Zhipin - BOSS Zhipin's AI-driven "smart matching" feature enhances recruitment efficiency by analyzing multidimensional data to recommend suitable positions for job seekers [32][34]. - The South-North Pavilion model has been validated for its performance in semantic tasks, further improving job matching accuracy [34]. Tongdao Recruitment - Tongdao Recruitment's multi-faceted AI interview system utilizes extensive databases to accurately assess candidates, significantly reducing selection costs [35][38]. - The "Tongdao Huicai" AI model streamlines the recruitment process and provides comprehensive support for job seekers [38]. Investment Recommendations - The report suggests focusing on companies such as Core International, Beijing International Human Resources, BOSS Zhipin, and Tongdao Recruitment due to their innovative use of AI in transforming the HR landscape [39].