DS-R1更新，实现15%以上性能提升

Investment Rating - The report maintains a "Buy" rating for the companies mentioned, including Kingsoft Office, Foxit Software, Wangsu Science & Technology, and Dingjie Smart [10][13][15][17][18]. Core Insights - The R1-0528 model from DeepSeek has achieved a performance improvement of 15%-26% compared to its predecessor, with significant enhancements in mathematical and coding capabilities [1][3][4]. - The introduction of tool invocation in R1-0528 is a key development, enabling its use in complex agent processes, which could disrupt the current reliance on overseas models [1][4]. - The report highlights the potential for R1-0528 to drive advancements in the agent and MCP (Model Context Protocol) sectors, suggesting a positive outlook for related companies [5]. Summary by Sections Model Performance - R1-0528 shows a notable increase in reasoning depth and token usage, with an average of 23K tokens per question compared to 12K in the previous version [2]. - The model's hallucination rate has decreased by 45%-50%, addressing a significant issue present in the earlier version [3]. Tool Invocation - The support for tool invocation in R1-0528 is emphasized as a major highlight, allowing for broader applications in agent development [4]. - The model's performance in the Tau-Bench evaluation is comparable to OpenAI's models, although it still lags behind in some areas [4]. Recommended Companies - The report recommends investing in Kingsoft Office, Foxit Software, Wangsu Science & Technology, and Dingjie Smart due to their potential benefits from advancements in AI and agent technologies [5]. - Other companies in the industry chain are also highlighted, including Hehe Information and HanDe Information, which are positioned to benefit from the growing demand for agent solutions [5].