BOC International has released a research report initiating coverage on HAIZHI TECH GP (02706) with a "Buy" rating and a target price of HK$80.81. The report identifies the company as a leader in China's artificial intelligence application sector, providing industrial-grade, hallucination-free AI solutions across fields such as financial risk control, telecommunications fraud prevention, and power grid operations and maintenance. The bank notes that, benefiting from the rapid development of AI Agents and supportive policies in China, the company is expected to leverage the scaling of its intelligent agent products and its solid customer base among government and enterprise clients. This is projected to drive a 34% compound annual growth rate in revenue and an 84% compound annual growth rate in adjusted net profit between 2025 and 2028.