此外，商汤位列GenAI IaaS服务厂商TOP 3，商汤大装置能够为大模型业务提供更全面的算力集群运维支持和超大集群保障能力，这成为支撑公司AI业务发展的坚实基础。总的来说，公司在大模型、AI 商业化落地、智算服务这一整条产业链上都位列国内龙头梯队，就是公司目前在AI领域的强大护城河。Haitong Securities determined that the completion of the strategic organizational restructuring of Shangtang will open a new chapter in the company's development in the AI era.
The Zhitong Finance App learned that Haitong Securities released a research report stating that the Shangtang-W (00020) rating combined with various factors gave Shangtang Group a 16 to 20 times market sales rate in 2024, corresponding to the company's reasonable value range of HK$2.27 to HK$2.84. The bank determined that the completion of the company's strategic organizational restructuring will open a new chapter in the company's development in the AI era.
According to the report, the company completed the strategic restructuring of the organization and established a “1+X” structure. Shang Tang has now achieved a prominent leading edge in the field of AI models. On the one hand, the company's new series of models has achieved excellent results in the evaluation, which confirms the strong technical strength of the company's big model; on the other hand, the company's AI big model solutions also rank in the first tier of the industry, which shows that the company not only has excellent models, but also has the ability to implement excellent models into actual applications.
In addition, Shangtang is ranked in the top 3 GenAI IaaS service providers. Shangtang's big device can provide more comprehensive computing power cluster operation and maintenance support and ultra-large cluster guarantee capabilities for the big model business, which has become a solid foundation to support the development of the company's AI business. Overall, the company ranks among the leading domestic companies in the entire industrial chain of big models, AI commercialization, and intelligent computing services, which is the company's current strong moat in the AI field.
The bank pointed out that the company has completed an organizational strategic restructuring and established a “1+X” structure, improving the company's operational efficiency, making the company's overall development goals more focused on generative AI, making the company more prominent in competition in the AI era. It has also expanded diversified business fields through an ecological enterprise matrix, and formed effective collaboration with the company to expand more development space.
