大数据ETF(159739)，场外联接(A：021090；C：021091；I：022882)。 大数据ETF紧密跟踪中证云计算与大数据主题指数，中证云计算与大数据主题指数选取50只业务涉及提 供云计算服务、大数据服务以及上述服务相关硬件设备的上市公司证券作为指数样本，以反映云计算与 大数据主题上市公司证券的整体表现。 数据显示，截至2025年12月31日，中证云计算与大数据主题指数(930851)前十大权重股分别为科大讯 飞、金山办公、中际旭创、新易盛、浪潮信息、中科曙光、紫光股份、恒生电子、润泽科技、拓维信 息，前十大权重股合计占比50.01%。 GEO概念全线爆发，AI大模型持续发展下，市场认为GEO推动广告投放升级，AI应用有望呈现高景 气。消息面上，马斯克当地时间1月10日在社交媒体平台X发文称，将在一周内正式开源X平台最新的内 容推荐算法。这一举动被市场普遍解读为"马斯克也要涉足GEO"。 太平洋证券认为，GEO生成式引擎优化是面向生成式AI应用的广告投放技术，其通过广告内容投喂， 使得广告内容被纳入AI信息库，进而提升广告内容在AI生成内容中的被引用概率。从投放策略来看， GEO不仅涉及投放执行 ...

Group 1 - The AI application sector continues to rise, with companies like ZhiDeMai, Guangyun Technology, and Chuanwang Media hitting the daily limit up, while BlueFocus has surged over 15%, reaching a historical high [1]

Group 1 - The core viewpoint of the articles highlights the shift in user information search habits from traditional search engines to AI-driven question-and-answer platforms, indicating a transformation in market competition [2][3] - Weimob Group has officially launched its Generative Engine Optimization (GEO) solution, Weimob Xingqi, aimed at enhancing brand visibility within the AI ecosystem and driving brand exposure and performance growth in the AI search era [2] - Gartner predicts that by 2028, 50% of search engine traffic will be consumed by AI searches, emphasizing the urgency for brands to adapt to this new traffic ecosystem [2] Group 2 - The Weimob Xingqi solution utilizes AI-driven non-linear logic based on search intent, employing full-link data monitoring, intelligent content generation, and smart distribution to enhance brand visibility in AI dialogues [3] - The solution has already been implemented across various industries, including consumer goods, digital appliances, business services, and software applications, showcasing its versatility [3] - Weimob Group's self-developed core technology and the launch of Weimob Xingqi signify a further enhancement of its "AI + Marketing" business layout, with plans to expand strategic initiatives in enterprise, personal consumer, and overseas markets [3]

Core Insights - Weimob Group (2013.HK) has launched the Weimob Star Start solution, utilizing self-developed Generative Engine Optimization (GEO) technology to enhance brand visibility in the AI ecosystem and drive performance growth for clients [1][2] - The shift from traditional search to AI-driven search is transforming the traffic ecosystem, with Gartner predicting that by 2028, 50% of search engine traffic will be captured by AI searches [1][2] Group 1 - The Weimob Star Start solution aims to improve brand presence in the AI era by enabling brands to be discovered, understood, and recommended through a new conversational information entry point [2] - The solution employs AI-driven non-linear logic based on search intent, facilitating a full-link marketing loop that includes capturing user intent, diagnosing AI visibility, and content strategy planning [2][3] - The business of Weimob Star Start has already expanded across various industries, including consumer goods, digital appliances, business services, and software applications, showcasing strong market demand and commercial conversion capabilities [2][3] Group 2 - The launch of the Weimob Star Start solution signifies Weimob Group's further enhancement of its "AI + Marketing" business layout, positioning itself in the trillion-dollar brand marketing sector [3] - Over the past three years, Weimob has focused on AI Agent application ecosystems, reshaping its core SaaS and precision marketing business models while exploring opportunities in both consumer and overseas markets [3][4] - Weimob is strategically positioning itself at a critical juncture in the evolution of AI marketing technology, aiming to transform from content production tools to information distribution infrastructure [4]

Core Insights - Weimob Group has launched the Weimob Star Start GEO solution, utilizing self-developed Generative Engine Optimization (GEO) technology to enhance brand visibility in the AI ecosystem and drive performance growth in the AI search era [1][2] Group 1: AI Search and Market Dynamics - The shift from traditional search to AI-driven search is transforming the traffic ecosystem, with Gartner predicting that by 2028, 50% of search engine traffic will be captured by AI searches [1] - QuestMobile data indicates that by 2025, the average daily usage of AI-native apps in China will reach 4.0-5.4 times per user, with leading tools capturing half of the market share [1] Group 2: Weimob Star Start GEO Solution - The Weimob Star Start solution employs AI search intent-based non-linear logic, utilizing full-link data monitoring, intelligent content generation, and smart distribution to enhance brand visibility in AI platforms [2] - The solution covers multiple industries, including consumer goods, digital appliances, business services, and software applications, demonstrating strong market demand and commercial conversion capabilities [2] Group 3: Strategic Positioning and Future Outlook - The launch of the Weimob Star Start solution signifies Weimob Group's commitment to the "AI + Marketing" business layout, positioning itself in the trillion-dollar brand marketing sector [3] - Weimob is focusing on AI Agent applications and has introduced several AI products, including Weimob WAI and WIME, while also investing in North American AI innovation [3][4] - The company aims to accelerate AI's application in various fields, including TOB and TOC, and is focused on digital upgrades for enterprises and individual users, driving business model iterations and growth potential [4]

Core Viewpoint - Jiangchuan Intelligent (301248.SZ) shocked the market by announcing a plan to purchase IT equipment and components worth up to 4 billion yuan to advance its artificial intelligence strategy and business transformation, with a delivery deadline of June 2026 [1][3][4]. Financial Position - As of September 2025, Jiangchuan Intelligent had total assets of approximately 2.95 billion yuan and cash reserves of around 218 million yuan, raising questions about how the company will finance the 4 billion yuan equipment purchase [4][7]. - The company's liabilities include 760 million yuan in interest-bearing debt, with short-term loans amounting to 541 million yuan, indicating a certain level of debt pressure [5][4]. Business Transformation - Jiangchuan Intelligent has shifted its focus from smart city and security solutions to cloud computing, launching its AI integrated computing machine and hybrid cloud platform in 2024 [1][10]. - The company reported a net profit of 23 million yuan in the first three quarters of 2025, a 139% increase year-on-year, indicating initial success in its AI strategy [1][10]. Historical Performance - From 2021 to 2024, Jiangchuan Intelligent experienced a decline in net profit for four consecutive years, with a significant loss reported in 2024 [1][9]. - The company had previously shown strong growth from 2014 to 2020, with revenue and net profit increasing consistently during that period [9]. R&D Investment - Despite the positive revenue growth in 2025, Jiangchuan Intelligent's R&D investment decreased by 41.68% in the first three quarters, raising concerns about the sustainability of future growth [12][13].

Investment Rating - The report maintains a "Positive" investment rating for the computer industry, indicating an expectation of returns exceeding the market benchmark by over 5% [6]. Core Insights - The AI industry is experiencing significant advancements with the upcoming release of DeepSeek's V4 model, which focuses on enhancing programming capabilities [2]. - Major AI companies in China, such as Zhipu and MiniMax, have recently gone public, with Zhipu's stock rising over 36% and MiniMax's stock increasing over 109% on their debut, leading to a market capitalization exceeding 100 billion HKD [2]. - The report emphasizes that the new model iterations and the accelerated application promotion by major internet companies will create favorable investment opportunities in AI applications and the computing power supply chain [3]. Summary by Sections AI Model Development - The programming capability is highlighted as a key area of improvement for AI models, with significant investments from leading companies like Anthropic and OpenAI to enhance their coding abilities [9]. - DeepSeek's V4 model is reported to surpass existing models in programming tasks, indicating a potential shift in market leadership [9]. - The introduction of innovative architectures, such as mHC by DeepSeek, aims to address stability issues in large model training, supporting future model iterations and application growth [9]. AI Application Market - Major internet companies are intensifying their competition for AI application entry points, with notable product launches aimed at enhancing user engagement and functionality [9]. - The report notes that the recent public listings of major AI model companies will positively impact the overall industry development [9]. Investment Targets - In the AI application sector, recommended investment targets include companies like TaxFriend (603171, Buy) and iFLYTEK (002230, Buy) among others [3]. - In the AI computing power sector, companies such as Haiguang Information (688041, Buy) and Runze Technology (300442, Buy) are highlighted as potential investment opportunities [3].

Core Viewpoint - A paid app named "Are You Dead?" has gained significant attention, ranking first in the Apple App Store's paid app list, priced at 8 yuan [2]. Group 1: App Development and Concept - The app was developed by a small team of three post-95s who collaborated remotely. They identified a demand for such an app after discussions about essential apps that everyone would download [4]. - The developers took about a month to complete the app after registering the name, which they found available [4]. - Although the download numbers are not disclosed, the developers noted a rapid growth in downloads, with some users missing consecutive sign-ins [4]. Group 2: User Feedback and Reception - The app currently holds a rating of 3.8 on the Apple App Store, with user comments suggesting that the notification system via email is not practical, recommending a switch to SMS or WeChat notifications [4]. - The app has sparked multiple trending topics on social media platforms, indicating a high level of public interest [5]. Group 3: Public Commentary and Naming - Notable public figure Hu Xijin praised the app for its potential to assist lonely elderly individuals and suggested renaming it to "Are You Alive?" for a more comforting connotation [6]. - The developers have not received any requests from authorities to change the app's name, emphasizing that the concept of death is often avoided in conversation, yet it is a reality everyone must face [7]. Group 4: Company Information - The app is provided by Yuejing (Zhengzhou) Technology Service Co., Ltd., which was established on March 10, 2025, with a registered capital of 100,000 yuan [7].

Core Viewpoint - Varonis Systems, Inc. is facing a federal securities class action due to allegations of misleading statements and failure to disclose material facts regarding its business performance, particularly its ability to convert existing customers to its SaaS offering [5][6]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi, LLP is investigating potential claims against Varonis and reminds investors of the March 9, 2026 deadline to seek the role of lead plaintiff in the class action [2]. - The complaint alleges that Varonis and its executives made false and misleading statements that inflated the stock price, leading to financial losses for investors [5]. - Investors who suffered losses between February 4, 2025, and October 28, 2025, are encouraged to contact the law firm to discuss their legal options [1]. Group 2: Financial Performance and Stock Impact - On October 28, 2025, Varonis reported a significant miss in Annual Recurring Revenue (ARR) and lowered its full-year guidance due to weaker than expected renewals and conversions [6]. - Following the announcement, Varonis' stock price plummeted from $63.00 to $32.34 per share, a decline of approximately 48.67% in one day [7]. - The company also announced the end of life for its self-hosted solution and a 5% reduction in headcount as part of its restructuring efforts [6].

Core Insights - Wolters Kluwer has appointed Maria Montenegro as the new CEO of its Corporate Performance & ESG division, succeeding Karen Abramson [2][5] - Montenegro has been with Wolters Kluwer since 2022, where she served as Chief Strategy & Innovation Officer, contributing to the company's strategic initiatives [3][4] - The CP & ESG division, established in March 2023, focuses on providing software and services for managing financial, operational, and sustainability performance [5] Leadership and Experience - Maria Montenegro brings nearly a decade of experience from McKinsey & Company, where she advised on portfolio strategy, M&A, and technology transformation [4] - Nancy McKinstry, CEO and Chair of the Executive Board, expressed confidence in Montenegro's ability to drive growth and transformation within the division [5] - The division is expected to achieve organic growth in line with previously stated guidance for 2025 [5] Market Position and Strategy - The CP & ESG division is recognized as a key part of Wolters Kluwer's strategy, with a focus on global growth opportunities in cloud-based AI-enabled enterprise software [5] - Wolters Kluwer reported annual revenues of €5.9 billion for 2024 and serves customers in over 180 countries [7]