IFLYTEK(SZ:002230)2024-06-13 09:51Sales Performance - The sales revenue of iFlytek's smart hardware series during the "618" shopping festival increased by 82% year-on-year, with categories such as learning machines, office notebooks, translation machines, recording pens, and hearing aids achieving sales champions on both JD and Tmall platforms [1] - From January to May 2023, the sales of iFlytek's AI learning machines grew by over 150%, maintaining the highest user recommendation value in the industry [2] Product Development - The newly released S30 AI learning machine is equipped with nine major AI 1-on-1 tutoring functions, providing personalized deep tutoring for children and significantly reducing the burden on parents [2] - iFlytek's AI learning machine features include AI-assisted writing guidance, interactive math tutoring, and English question-answering support, enhancing students' learning experiences [3] Technological Advancements - iFlytek's Spark model has surpassed GPT-4 Turbo in several capabilities, particularly in text generation, logical reasoning, mathematics, and coding, establishing a leading position in the domestic market [4] - The Spark model has been selected by major enterprises in various sectors, including energy, telecommunications, and finance, indicating its strong market presence [4][5] Strategic Focus - iFlytek is concentrating 70% of its R&D efforts on enhancing foundational model capabilities, with an expected 50% of R&D investment in 2024 aimed at maintaining the best standards in China [5] - The company aims to narrow the gap with American counterparts, with the Spark medical model already exceeding GPT-4 in performance [5]