Zhejiang Dahua Technology (002236)2023-09-20 11:17Strategic Collaboration with China Mobile - The collaboration between the company and China Mobile is highly complementary, with significant potential for industrial and investment synergy [1] - Both parties are actively exploring multi-directional integration in products, sales, and services to expand collaborative space and leverage their respective strengths [1] - The collaboration aims to rapidly deploy AI capabilities in smart cities, digital government, and industry applications, empowering various sectors [1] - China Mobile has proposed joint research on data elements and data assets to explore new growth opportunities [2] - A communication mechanism for industrial and investment synergy will be established and continuously improved at the group level to further promote business collaboration [2] Progress in Large Model Development - The company's industry-specific large models have been successfully implemented in the power and urban governance sectors, with commercialization expected by the end of this year or early next year [2] - The large model can effectively parse and recognize video content through descriptive methods, enabling tasks such as detecting overflowing trash bins, road stall encroachments, and manhole cover damages [2] - In the power industry, the large model has improved the recognition rate of various meters (e.g., gas density, oil pressure, liquid level) from 85%-87% to over 97% [2] - The large model also features zero-shot learning capabilities, eliminating the need for manual annotation and enabling tasks like detecting foreign objects on power transmission lines [2] Software Business Development - The company has released multiple software products, including the "Edge Computing All-in-One Machine," which integrates large-capacity storage and high-performance computing, offering over 200 self-developed algorithms [3] - The "Perception Intelligence System" enables the extraction of value from massive data resources, providing new possibilities for visual intelligence applications [3] - The "Tiangong All-in-One Machine" integrates algorithms, storage, databases, and visual intelligence, offering cost-effective solutions for small and medium-sized scenarios [3] - The company is focusing on improving the software product base, strengthening provincial software capabilities, and expanding overseas software business, where customer willingness to pay for software is higher than in the domestic market [3] Future Outlook for Software Business - Software is a crucial component of the company's ecosystem development, benefiting the growth of integrator ecosystems [3] - The company plans to enhance the software product base, collaborate with industry-specific software partners, and strengthen provincial software capabilities to quickly respond to customer needs [3] - Overseas software revenue is growing rapidly, and the successful development of overseas software business is significantly boosting the company's integrator business in international markets [3]