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[Brokerage Focus] Huaan maintains a "Buy" rating on Meituan (03690), suggesting attention to AI empowerment, which is expected to simultaneously enhance experience and improve efficiency.
Jinwu Financial News | Huaan Securities released a Research Report, indicating that Meituan (03690) upgraded its Global Strategy to "Retail + Technology" in September 2021, deeply integrating technological capabilities into local life services and Retail Trade, connecting people with commodities and services through technology. The focus is on areas such as instant retail, smart supply chains, and unmanned delivery. The firm believes that, combined with the company's long-term strategy, the breakthroughs made by DeepSeek in terms of efficiency and cost of large models domestically make the empowerment of AI large models worth paying attention to. The firm noted that for the B-end, Meituan has accelerated its deployment in Dining SaaS since 2016 and is repurposing it for other local services.
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