Core Insights - The article highlights the strategic shift of Zhongkong Technology, led by Chu Jian, towards industrial AI, aiming to integrate AI technology deeply into key industrial scenarios [2][3][4]. Group 1: Company Overview - Zhongkong Technology, based in Hangzhou, is a leader in the domestic industrial automation sector with a market capitalization exceeding 40 billion [3]. - Chu Jian, the founder and a key figure in the company, is focusing on transforming Zhongkong into an industrial AI company, leveraging his extensive experience in the field [7][12]. Group 2: AI Business Development - The management plans to achieve annual revenue of 20 billion from AI and 5 billion from robotics within the next 4-5 years, with an investment of 20 billion in AI [5][26]. - The core product for their AI business is the TPT model, which is set to be released in June 2024, designed to enhance productivity by analyzing time-series data [8][10]. Group 3: Technological Innovations - TPT aims to automate the analysis of industrial data, significantly reducing the time required for process optimization from 1-2 months to just a few minutes, improving efficiency by over 90% [10][11]. - The introduction of UCS (Universal Control System) is expected to revolutionize the traditional DCS architecture, reducing cabinet space by 90% and cable costs by 80% [18][19]. Group 4: Market Position and Goals - Zhongkong aims to become a professional AI service provider in the industrial process sector, with a target of reaching a market value of 1 trillion [6][25]. - The company has over 35,000 industrial clients and is transitioning to a subscription-based model, having signed 938 subscription clients by mid-2025 [14][26]. Group 5: Financial Performance and Challenges - Despite ambitious growth plans, Zhongkong reported a double-digit decline in revenue and net profit for the first nine months of 2025, with the robotics segment generating only 120 million in revenue [28][29]. - The company faces pressure to prove its capabilities as it transitions from traditional software to AI-driven solutions [32].

Core Insights - The article highlights the strategic shift of Zhongkong Technology towards industrial AI, with a focus on integrating AI technology into key industrial scenarios [2][4][20] - The company aims to achieve a market capitalization of one trillion yuan by investing 20 billion yuan in AI and robotics over the next 4-5 years [5][20] Company Overview - Zhongkong Technology, based in Hangzhou, is a leading player in the domestic industrial automation sector with a market value exceeding 40 billion yuan [3] - The company is led by Chu Jian, who has a background in academia and has been pivotal in breaking the monopoly of international giants in the DCS (Distributed Control System) market [6][3] AI Business Development - Zhongkong plans to generate annual revenues of 20 billion yuan from its AI business and 5 billion yuan from its robotics business within the next 4-5 years [4] - The company is developing a core product called TPT, a time-series model for industrial processes, which is expected to enhance productivity significantly by predicting equipment failures [7][9] Technological Innovations - TPT leverages over 30 years of industry expertise and aims to automate the analysis of time-series data, drastically reducing the time required for process optimization from months to minutes [10][9] - The introduction of TPT 2.0 is expected to facilitate a shift towards online services, expanding the customer base with 518 pre-orders and 112 contracts on the launch day [13] Strategic Goals - Zhongkong's vision includes becoming a specialized AI service provider in the industrial process sector, with a goal of reaching 50,000 customers [19][20] - The company is transitioning from a project-based model to a subscription-based model, aiming to redefine industrial software configuration and pricing [20] Market Position and Challenges - The DCS market in China is projected to grow, with Zhongkong expected to capture a 40.4% market share by 2024, but the overall market size is limited to approximately 12 billion yuan [23] - Despite ambitious growth plans, the company has faced challenges, including a double-digit decline in revenue and net profit in the first nine months of 2025 [20][21]