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In a research report released on May 29, CITIC Securities highlighted that technology investments in the latter half of 2025 will predominantly revolve around the realm of Artificial Intelligence (AI). As large AI models continue to evolve and Chinese tech firms delve deeper into ecological construction and scenario-based applications, AI is transitioning from a standalone technological advancement to a phase of comprehensive productivity application. This transformation has reshaped product formats and enhanced production efficiency across various industries, including advertising, gaming, management software, and smart cars, thereby generating novel value propositions. Over the past six months, spurred by the groundbreaking impact of DeepSeek, China's AI industry has garnered significant attention and interest.
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