Tianfeng Securities: Acceleration of "AI+" Initiatives Promises Expanded "AI+ Applications," Recommends Focusing on XD INC (02400) and Others

Stock News
Oct 18

Tianfeng Securities has released a research report noting that on August 26, 2025, the State Council issued the "Opinions on Deepening the Implementation of 'AI+' Initiatives" (Guo Fa [2025] No. 11), aimed at accelerating key actions in six areas: "AI+" science and technology, "AI+" industrial development, "AI+" consumption quality enhancement, "AI+" public welfare, "AI+" governance capabilities, and "AI+" global cooperation. The report recommends paying attention to companies such as XD INC (02400, AI+ Gaming), Huazhu High-tech (688433.SH, AI+ Intelligent Manufacturing), Guodun Quantum (688027.SH, AI+ Quantum Technology), and Uxin (UXIN.US, AI+ Used Cars). Based on the specific descriptions in the Opinions regarding these six areas, the firm selected a total of 50 representative stocks from A-shares, Hong Kong stocks, and US-listed Chinese companies to illustrate the current layout of "AI+ applications" among Chinese enterprises in these key areas. Key recommendations include: Shuanghuan Transmission (002472.SZ, AI+ Industrialization/Smart Robotics, covered jointly with the Automotive Team), Orbbec (688322.SH, AI+ Hardware), Shengye (06069, AI+ Supply Chain Finance Platform; jointly covered with the Non-Bank Team), Zhizi City Technology (09911, AI+ Global Social Media), Bairong Cloud-W (06608, AI+ Financial Information, jointly covered with Overseas/Media Team), and Jabiou (688089.SH, AI+ Biomanufacturing). Risks include: potential slower-than-expected policy advancement, artificial intelligence technology development not meeting expectations, and slower-than-anticipated progress on relevant projects.

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