AI+交运系列：唤醒数据价值，赋能降本增效

Investment Rating - The industry investment rating is "Buy" [2] Core Insights - The transportation industry is rich in data assets but has underutilized data value, with AI integration expected to unlock new business models and enhance operational efficiency [7][14] - AI technology is set to transform operational logic in the transportation sector, shifting from high-energy consumption to low marginal cost operations through automation and intelligent decision-making [7][35] - The report emphasizes the importance of multiple application scenarios, including smart ports and autonomous vehicles, to enhance efficiency and reduce costs [7][40] Summary by Sections 1. AI Empowerment in Transportation - AI is driving the smart upgrade of the transportation industry, supported by advancements in computing power, algorithms, and data [14][15] - National policies are fostering the integration of AI in transportation, moving from foundational development to intelligent operations [16] 2. Awakening Data Assets - The transportation sector faces challenges such as data silos and insufficient monetization of data assets, which AI can help address [19][20] - Data resources are increasingly recognized as production factors, with new accounting regulations allowing data to be classified as intangible assets [22][23] 3. AI Restructuring Operational Paradigms - The industry is experiencing high operational costs and inefficiencies, which AI can mitigate through automation and intelligent routing [34][35] - AI-driven solutions are expected to enhance resource allocation and operational efficiency across various transportation modes [36][38] 4. Accelerating Application Scenarios - The report highlights the potential of AI in various scenarios, including vehicle-road-cloud collaboration and smart port operations, to create a value loop that enhances data assets [40][41] - The integration of AI in smart ports is transforming traditional operations into automated and data-driven processes [52] 5. Investment Recommendations - The report suggests focusing on sectors where AI can significantly reduce costs, such as autonomous delivery and smart warehousing, and companies like SF Holding and China Merchants Port [7][8]