行业周报：AIAgent迎来布局时间

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Viewpoints - The AI Agent sector is entering a critical phase for investment, with significant attention from top-level authorities on the development of the AI industry. Recent developments include the launch of several domestic large models, indicating a rapid advancement in capabilities that will support a thriving AI application ecosystem [4][12] - The commercialization of AI applications is accelerating, with a sustained demand for AI computing power. Companies in both China and the US are experiencing significant revenue growth driven by AI, with notable increases in advertising effectiveness and overall business performance [5][13] Summary by Sections Weekly Perspective - The week of April 28 to April 30, 2025, saw the CSI 300 index decline by 0.43%, while the computer index increased by 2.47% [11] Company Dynamics - Notable earnings reports include Foxit Software, which reported a net profit of 0.27 billion yuan for 2024, reflecting a growth rate of 129.64% [16] - Shareholding changes were reported by Hongquan Technology, with plans for a major shareholder to reduce their stake by up to 3% [17] Industry News - Tencent announced a restructuring of its mixed Yuan model research system to increase AI investment, focusing on core areas such as computing power, algorithms, and data [20] - The demand for AI applications is leading to increased capital expenditures, with Meta raising its 2025 capital expenditure forecast to between 64 billion and 72 billion USD [5][13] Investment Recommendations - The report suggests focusing on the rising trend of the AI Agent industry, recommending companies such as Kingsoft Office, iFlytek, and others as potential beneficiaries. In the computing power sector, companies like Sugon and Inspur are highlighted as key players [6][14]