计算机行业点评报告：火山引擎FORCE大会召开，豆包大模型1.6正式发布

Investment Rating - The report maintains a "Recommended" investment rating for the computer industry [2][8] Core Viewpoints - The AI industry continues to show high prosperity, with a focus on application and computing power investment opportunities [3][8] - The launch of the Doubao Model 1.6 significantly reduces costs, with a pricing model that is 63% lower than DeepSeek R1, enhancing its cost-effectiveness for enterprises [6][8] - The demand for tokens has surged, with daily usage exceeding 16.4 trillion tokens, reflecting a 137-fold increase compared to the previous year [6][8] Summary by Relevant Sections Recent Developments - The Volcano Engine FORCE conference held on June 11, 2025, introduced several new models, including Doubao Model 1.6 and various other AI models [3][6] Market Trends - The report highlights the continuous improvement in the cost-performance ratio of domestic large models and the potential acceleration of Agent deployment [8] - The competition in the large model industry is intensifying, focusing on inference cost-effectiveness, which is expected to drive up computing power consumption [6][8] Company Focus and Profit Forecast - Key companies to watch include: - AI Applications: Zhuoyi Information (688258.SH), Dingjie Smart (300378.SZ), Caixun Co., Ltd. (300634.SZ), Saiyi Information (300687.SZ), and Jinqiao Information (603918.SH) - Computing Power: Shenxinfeng (300454.SZ), Capital Online (300846.SZ), Hongjing Technology (301396.SZ), and Yunsai Zhili (600602.SH) [8]