Core Insights - Data is considered the new oil in the modern era, with Baidou Co., Ltd. possessing over one trillion in transaction data, attracting significant industry attention [1] - The company has completed a strategic layout involving "data assets, intelligent agent matrix, and ecological alliance," which is seen as a pivotal moment for capital market engagement and value reassessment [1] Data Moat - In the competitive landscape of AI 2.0, high-quality, scenario-based data has become a scarce strategic resource, with Baidou Co. establishing a formidable "data moat" over ten years [2] - The company has created the largest enterprise transaction network in China, covering 28.5 million enterprise nodes and maintaining a dynamic data pool of 231 billion invoices and 10.55 trillion in transaction amounts [2] - The data features a full-link, real-time, and multi-modal approach, supporting rapid structured analysis of over 200 types of global invoices, providing a complete commercial loop from transactions to financing [2] Integration of Data and Intelligent Agents - The integration of data and intelligent agents is driving a leap in digital productivity for enterprises [3] Intelligent Agent Factory - Baidou Co.'s AI strategy focuses on embedding technology within industry scenarios, avoiding the arms race of generic large models [4] - The company has developed a matrix of intelligent agents in the financial and tax verticals, including products for invoice processing and tax risk management, offering comprehensive smart financial solutions [4] - The Enterprise Operation Platform (EOP) underpins a dynamic trading intelligence system that enhances supply chain and market decision-making through AI-driven insights [4] - These intelligent agents are designed as executable business units, capable of triggering alerts and generating solutions in response to abnormal transactions or tax risks [4] Expanding Opportunities - Baidou Co. serves over 28 million users, including 2,800 group enterprises, and has established "joint innovation laboratories" in AI, creating a comprehensive solution covering "data + scenarios + models + computing power + ecology" [5] - The company is set to go public on the Hong Kong Stock Exchange as the "first electronic invoice stock" in July 2024, with a significant market value discovery phase approaching [5] - The effectiveness of the company's DI strategy is evident, with a notable increase in the proportion of data intelligence business, and collaborations with major players like Volcano Engine and Alibaba Cloud facilitating the commercialization of large models [5] - The company is accelerating its global expansion, establishing subsidiaries in Southeast Asia, the Middle East, and South America, while also focusing on advanced technology development [5] - Industry experts believe that the full circulation of shares is just the beginning of value discovery, with the potential for the company's valuation ceiling to be significantly raised as the market recognizes the uniqueness of its integrated approach [6]