A research report from CITIC Securities highlights that the forthcoming generation of large models, exemplified by GPT-5, stands poised to be a game-changer in the AI industry's trajectory. These models have achieved significant advancements in core capabilities like logical reasoning, inherent multimodality, and advanced memory systems, paving the way for their integration into high-value, intricate industry scenarios. On the industrial front, two prominent technological trends—Agent and multimodal technologies—are anticipated to remain at the forefront of development. The report advises focusing on pioneering enterprises in sectors such as enterprise management, education, and healthcare, along with the prospects emerging from the burgeoning computational power industry fueled by extensive reasoning demands.