Competition in the domestic large model market has intensified significantly. The Dark Side of the Moon company has recently introduced a groundbreaking open-source model, Kimi K2, with the objective of reclaiming its market-leading position. Industry insiders have responded positively to the launch of the K2 model, expressing confidence that Kimi is on the right path and emphasizing that in-depth research capabilities are paramount in delivering genuine value in large models. These insiders further note that the previous strategy of relying on low-price Token competition for large models is not sustainable in the long run.