Core Viewpoint - The report highlights the ongoing construction status of three projects by Beijing Guolian Vision Information Technology Co., Ltd. (Guolian Co.), with completion rates of 34.29%, 50.22%, and 68.88%, and the expected completion date extended to December 2025 due to various challenges faced during the implementation phase [1][6][7]. Group 1: Project Status and Financials - Three projects are still under construction, with progress rates of 34.29%, 50.22%, and 68.88%, and their expected completion dates have been postponed to December 2025 [1]. - The company reported a revenue of 53.585 billion yuan and a net profit of 1.455 billion yuan for 2024, reflecting year-on-year growth of 5.72% and 1.86% respectively [6]. - The total investment in various projects for the year amounts to 14.70331 million yuan, with significant allocations for research and development, renovation, and software and hardware procurement [4]. Group 2: Reasons for Delays - The delays in project timelines are attributed to the rapid evolution of generative AI technology, which necessitated a restructuring of algorithm frameworks, thereby extending the research and development cycle [6][7]. - Compliance requirements related to data desensitization and cybersecurity have also contributed to the need for system modifications, further complicating project timelines [6]. - Challenges in site selection for warehouse construction, including balancing logistics efficiency with environmental considerations, have led to extended approval processes and delays [7]. Group 3: Internal Controls and Remedial Actions - The company has implemented internal controls and corrective measures regarding the use of raised funds, including self-inspections and timely reporting of any irregularities to regulatory bodies [9][10]. - The company has returned any improperly used funds to the designated accounts and has refined its processes for managing the use of raised funds to ensure compliance with regulations [10]. - Training sessions have been conducted to enhance understanding of relevant laws and internal management systems among staff, reinforcing compliance awareness [10].

上 市 公 司 计算机 2025 年 06 月 20 日 美图公司 (01357) —— AI 与美学交融，国内影像领军新成长（GenAI 系列 之 60） 报告原因：首次覆盖 买入（首次评级） | 市场数据： | 2025 年 06 月 19 日 | | --- | --- | | 收盘价（港币） | 7.66 | | 恒生中国企业指数 | 8410.94 | | 52 周最高/最低（港币） | 8.36/2.07 | | H 股市值（亿港币） | 349.77 | | 流通 H 股（百万股） | 4,566.18 | | 汇率（人民币/港币） | 1.0944 | 一年内股价与基准指数对比走势： -21% 479% 06/19 07/19 08/19 09/19 10/19 11/19 12/19 01/19 02/19 03/19 04/19 05/19 06/19 HSCEI 美图公司 资料来源：Bloomberg 财务数据及盈利预测 | | 2023 | 2024 | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业 ...

今天，百胜中国首届人工智能日活动在上海举行。活动开幕式上，公司发布了首个面向餐厅营运的智能 体——Q睿（Q-Smart Agent）。百胜中国首席执行官屈翠容发表了开幕致辞，并宣布将设立一亿元 的"一线员工创新基金"，通过资金、技术及资源的多维赋能，将一线员工基于营运实际需求提出的创新 构想转化为实际应用。 百胜中国首席执行官屈翠容，首席技术官张雷，肯德基中国总经理汪涛，必胜客中国总经理蒯俊，首席 人力官丁时彦共同出席Q睿启动仪式 三：实时感知响应，助力决策更"精准化" "Q睿"可以迅速分析并提示管理过程中的机会点。例如，当系统监测到厨房生产原料可能断货时，会立 即向值班经理推送预警信息，经确认后自动追加生产计划； 同时，依托百胜中国庞大的知识库资源， 它将为一线员工提供实时数据查询与专业知识支撑——无论是日常营运疑问，还是突发难题应对，智能 体都将快速给出精准指导。 目前，Q睿智能体已经初步通过了实验室验证，并且即将开始在部分门店上线。未来百胜中国将持续收 集一线反馈，快速迭代升级，推广至更多门店。 此次发布的智能体Q睿，深度融合了生成式AI，物联网，大数据等前沿技术，首次实现了"人-货-场"的 餐厅营运全 ...

机器之心报道 最近，很多 AI 大佬一反常态，对未来做出了超出预期的乐观预测。 诺贝尔奖获得者、AI 先驱 Geoffrey Hinton 表示，人工智能将在多个领域「取代所有人」，只有顶尖技能人才能够找到 AI 无法处理的工作。 特斯拉前负责人 Andrej Karpathy 在演讲中也认为，我们正在进入「软件 3.0」时代，自然语言在成为新的编程接口，大模型会完成剩下的工作。 作者：泽南、陈陈 Code is cheap, show me the talk. 正在让 AI 能力大幅提升的技术被称为智能体（Agentic AI），它能够长时间独立运行、感知环境，自主使用各种工具来完成复杂任务。 最近有研究甚至证明，智 能体也遵循大语言模型的测试时扩展（Test-Time Scaling）规律，能够通过强推理不断提升解题能力。 事实上，智能化发展的过程比我们想象得还要快。正在上海举行的亚马逊云科技中国峰会上，我们看到了一系列基于大模型、Agentic AI 的创新和案例，让我们眼 花缭乱。 「通俗说来，Agentic AI 就是让基于大模型的 AI 从『我问 AI 答』、『我说 AI 写』发展到『我说 AI ...

机器之心报道 编辑：杨文 AI直播终于不是噱头了。 这年头，真人主播还真干不过 AI。 今年 618 大促期间，「交个朋友」在百度优选搞了场直播，不过这场直播的主角不是人，而是 AI。直播间 里，罗永浩和朱萧木两个数字人配合默契，不抢话、不抬杠，只是一味地带货、爆梗、讲段子，还时不时 跟评论区网友来个互动。 「弹幕上问我怎么辨别茅台真假，简单喝一口，心疼就是真的，肝疼就是假的。」 「有人问方便面好不好吃，买回去尝尝，好吃就分给朋友一点，不好吃就全分给朋友。」 「你脸大有多大？能有我 210 斤的脸大吗？」 最核心的台词需要解决三大关键问题。 其一，通过风格建模为不同风格提供精细化定制，使台词呈现多样 化风格，并与主播的个性高度契合；其二，通过人设建模、人物性格与行为逻辑的精准还原，以及在双人 直播场景中保持多角色协同，塑造拟真化人设；其三，引入内容规划和深度思考机制，在保证讲品信息准 确、富有说服力的同时增强吸引力，同时为避免「幻觉」，还在台词生成中融入事实校对和知识增强机 制，保证每一句话都经得起推敲。 就以罗永浩数字人为例，罗永浩和朱萧木都具有强烈的个人风格，直播时经常会蹦出几句口头禅，为打造 可控性强、 ...

Core Insights - Minglue Technology officially launched AdEff, an AI-driven global advertising testing and optimization product, on June 19 [1] - AdEff is developed based on Minglue's proprietary Hypergraph Multimodal Large Language Model (HMLLM) and employs a collaborative architecture of large models and mixed expert models [1] - The product aims to address long-standing challenges in advertising testing and optimization regarding time and cost, providing a new efficiency tool for the creative industry [1] Group 1 - AdEff can simulate consumer feedback on advertising creativity in just a few minutes and provide targeted optimization suggestions [1] - The product enables marketing and creative professionals to make more agile and informed decisions based on data, enhancing the success rate of advertising campaigns [1] - AdEff significantly reduces the cost of advertising testing, allowing companies to test every advertisement and find a balance between "creative sensibility" and "commercial rationality" [1] Group 2 - AdEff represents the latest application of generative AI technology and intelligent agents in the marketing services sector, indicating the future direction of marketing tool development [2] - The company plans to continue enhancing AdEff in areas such as brand content measurement types, technical optimization, personalized adaptation, and global ecosystem expansion [2]

自ChatGPT引发全球关注后，在2023年和2024年的上海国际电影节（以下简称"上影节"）上，"AI会对 影视行业带来那些机遇与挑战"都是热议的话题之一。在今年的上影节上，AI热度依然不减。 不过，《中国经营报》记者在采访中注意到，自2023年以来，影视业对AI的看法也悄然发生了些许变 化。最初，许多中国电影人惊叹于AI的发展速度，例如《流浪地球》系列的导演曾发出"现实比科幻电 影更科幻"的感叹；在经过一段时间的体验与观察后，"AI是工具"的观点占据主流，各方更加关注AI带 来的效率提升；在今年的上影节期间，"通过AI技术创新能否降低成本"、"利用AI如何提高内容质量与 体验"等话题开始被广泛讨论。 这一系列变化正反映出AI对影视行业的影响。一方面，AI在影视行业的应用中，生产力逐渐提升，甚 至对于生产关系开始产生影响；另一方面，如何通过越来越先进的AI技术产出高质量的内容，这是摆 在当前影视行业从业者面前的新考验。 技术升级引发生产方式变革 在上影节相关环节，包括光线传媒董事长王长田、导演黄建新等在内的人士指出了当前国内影视行业的 生产方式存在的问题:一方面体现在传统影视剧的生产周期远远超出观众的兴趣时 ...

1.【外媒："星舰"火箭在静态点火测试中发生爆炸】据美国福克斯新闻网、专业航天网站NASASpaceFlight.com等媒体报道，马斯克旗下太空探索技术公 司（SpaceX）的"星舰"火箭当地时间18日晚间在一次静态点火测试中出现故障并发生爆炸，消防部门已经出动。福克斯新闻网称，目前正在调查事故原 因。当局表示暂未收到伤亡报告。（环球网） 2.【阿里云将在韩国启用第二座数据中心，加速海外布局】6月19日，阿里云宣布将于本月底在韩国启用第二座数据中心，来满足生成式AI快速发展带来的 需求增长。这是今年以来，阿里云继墨西哥、泰国之后在全球落地的又一新节点。届时阿里云全球布局将扩展至29个地域、88个可用区。（IT之家） 3.【Alipay+发布首个面向智能眼镜的嵌入式全球支付方案】6月19日下午消息，继支付宝与Rokid在国内发布首个智能眼镜支付方案后，蚂蚁国际旗下全球 整合钱包门户服务Alipay+发布首个面向智能眼镜的嵌入式全球支付方案。并已联合全球AR眼镜行业领军者星纪魅族，通过Alipay+在香港地区完成全球首 笔基于智能眼镜的电子钱包支付交易。（新浪科技） 4.【荣耀CEO李健：将于7月2日发布全球最 ...

Core Viewpoint - The semiconductor industry is experiencing growth driven by the demand for edge AI computing in low-power devices, leading to new market opportunities for SoC chips as smart terminal devices become more prevalent [3][4]. Group 1: Market Performance - As of June 20, 2025, the CSI Semiconductor Industry Index (931865) increased by 0.85%, with notable gains in constituent stocks such as Jingrui Electric Materials (300655) up by 5.63% and Huahai Chengke (688535) up by 5.07% [3]. - The semiconductor industry ETF (159582) rose by 0.73%, marking its third consecutive increase, with the latest price at 1.38 yuan [3]. - The ETF's net asset value increased by 24.89% over the past year, with a maximum monthly return of 20.82% since inception [4]. Group 2: Fund Performance Metrics - The semiconductor industry ETF has achieved a historical holding period profit probability of 100% over one year, with an average monthly return of 9.32% during up months [4]. - The ETF's Sharpe ratio since inception is 1.05, indicating a favorable risk-adjusted return [4]. - The ETF's management fee is 0.50% and the custody fee is 0.10%, which are among the lowest in comparable funds [4]. Group 3: Index Composition - As of May 30, 2025, the top ten weighted stocks in the CSI Semiconductor Industry Index accounted for 75.47% of the index, with North Huachuang (002371) holding the highest weight at 15.51% [5][7]. - Other significant constituents include Zhongwei Company (688012) at 12.80% and SMIC (688981) at 11.67% [7].

Core Insights - The Amazon Cloud Technology China Summit highlighted the emergence of Agentic AI as a focal point for innovation and business transformation in the current uncertain era [3][4] - Amazon Cloud Technology aims to assist Chinese enterprises in expanding globally while leveraging local cloud services to drive business growth and AI innovation [4][11] Group 1: Agentic AI and Business Transformation - The development of AI has reached a turning point, with Agentic AI poised to significantly enhance customer experience, innovate business models, and improve operational efficiency [3][6] - Companies must prepare both management and technology aspects to seize the opportunities presented by the Agentic AI revolution [3][7] - Agentic AI is seen as a key engine for enterprise transformation, enhancing employee productivity and driving business model innovation [6][12] Group 2: Strategic Framework and Implementation - Companies should establish a clear cognitive framework and top-level planning while optimizing organizational processes and upgrading talent structures [7] - Four foundational pillars are essential for companies: security compliance, system resilience, architectural scalability, and technological foresight [7] - A pragmatic strategy for implementation is crucial, including setting realistic expectations and building a robust partner ecosystem [7] Group 3: Infrastructure and Technological Advancements - Amazon Cloud Technology has made significant investments in infrastructure, including the Graviton4 processor, which improves database application performance by 40% and large Java application performance by 45% [8][10] - The company has built a global infrastructure network covering 245 countries and regions, offering over 240 full-stack cloud services [10] - Amazon Cloud Technology provides a leading pre-trained model library and a comprehensive development toolchain to lower the barriers to AI innovation [10] Group 4: Globalization and Local Innovation - Amazon Cloud Technology's "three horizontal and one vertical" service architecture supports Chinese enterprises in navigating compliance risks and technological pressures in global markets [11] - The newly released Agentic AI practice guide offers a comprehensive methodology to help enterprises overcome AI application development bottlenecks [11][12] - The combination of technological empowerment and strategic consulting is driving the evolution of China's AI innovation ecosystem towards greater resilience and sustainability [12]