January 17th video conference, Wang Guobin, together with Jiang Hezekiah and You Jin, participated to understand the business climate of the downstream semiconductor industry, the main reasons for the company's performance forecast loss, and so on. On January 31st, at the Ruikeda on-site meeting, Jin Zicai and six other colleagues from Cai Tong Fund participated. Regarding the current rapid development of AI and computing power, and the company's future development layout in the field of communication connectors, Ruikeda provided specific answers. According to research records, Fu Pengbo participated in the video conferences of Mengwang Technology on January 19th and Mobi on January 23rd. It is reported that Mengwang Technology is also deploying smart news, training vertical and edge models, creating intelligent customer service and customer interaction. These are scenes where existing AI technology is applied. Mengwang Technology established two dedicated AI marketing business units at the beginning of the year, which will combine with Bicheng's current advantages to deepen AI marketing. During the research meeting, Mobi emphasized answering questions about the next business growth point in the field of AI, apart from accompanying AI toys. In the AI toy business, what are the advantages of Mobi compared to its competitors? On February 5th, at the video conference of Shanghai Steel Union, Fan Yan and three other colleagues from Fuguo Fund participated. Regarding "When can the product iteration based on the DeepSeek model be officially launched," Shanghai Steel Union expressed the hope to quickly produce the "Little Steel" based on DeepSeek. In the first quarter, with the help of DeepSeekR1, a brand new "Master" model will be distilled quickly and the base model of "Little Steel" will be switched. After the Spring Festival, private equity firms also focus on the impact and layout of DeepSeek Since the beginning of the year, the top ten private equity firms in terms of total research times and total number of research stocks are the same group of private equity firms, with only differences in ranking. According to the investigation, among the top ten private equity firms, there are only 3 billion-dollar private equity firms, namely Gaoyi Assets, Danshui Quan, and Panjing Investment, with the other 7 private equity firms with assets under management of 0-500 million yuan, including Beijing Xiangguo Assets, Shanghai Xuan Bu Investment, Hainan Hongyun Fund, and Shanghai Wudi Fund. As of now, Guangdong Zhengyuan Investment, a quasi-billion-dollar private equity firm, ranks first in private equity research with 48 research times and 48 research stocks; among billion-dollar private equity firms, Danshui Quan, Panjing Investment, and Gaoyi Assets have conducted research 26 times, 21 times, and 19 times respectively, researching 25, 18, and 19 stocks respectively. Since the beginning of the year, Dai Lujing, a partner of Zhengyuan Investment, has researched a total of 4 stocks, including 2 software development stocks (Pinming Technology and Guotou Intelligent), as well as smart home stock Legao Shares and aviation stock Hainan Airlines Holdings; during the same period, research director Qi Chen participated in the research of 4 stocks, including optoelectronic stock Longli Technology, building materials stock Green Dragon Pipe Industry, clothing stock Xinghe Shares, and AI concept stock Hongru Technology. At the January 21st research meeting, Guotou Intelligent answered questions about what support is needed in the business model in order to fully implement AI detection and what the commercial scenes of AI detection are.The video conference in January also attracted many private equity firms to conduct research. Ruijun Asset Partners Du Changyong and Dong Chengfei appeared on the research list of Wentai Technology together. It is worth mentioning that in December last year, Gao Yi Asset Partners Sun Qingrui, Licheng Asset CEO Wu Shengtao, and Harmony Fund Manager Liang Shuang conducted research on the company together.In addition to many public funds, private equity firms such as Dunhe Asset, Ming Shi Partners, and Juming Investment participated in the video conference of Shunwang Technology on February 7. Regarding the impact of DeepSeek on the industry and the company, Shunwang Technology stated that the emergence of DeepSeek will promote the popularization and application of AI technology, promote the development of the artificial intelligence industry and the technology industry. Its low cost and high performance characteristics have broken the limitations of traditional artificial intelligence large models, providing a more cost-effective choice and reducing the application threshold of artificial intelligence. In addition, the company mentioned that Shunwang Zhisuan is an AIINFRA platform that supports comprehensive scheduling, model inference deployment, and API calls based on Shunwang Cloud Edge computing power and Zhisuan Center computing power. Currently, it can support the deployment and operation of some distilled models of DeepSeekR1, and it is expected that subsequent DeepSeek-related models will also be applied to Shunwang intelligent customer service and Lao Lao applications based on intelligent bodies. This article is from "Cai Lian She", GMTEight editor: Liu Xuan.