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Zhong Xiangping from Tencent: BYD holds over 10,000 multinational meetings each month on Tencent Meeting.
According to news from Sina Technology on the afternoon of April 23, Zhong Xiang, Vice President of Tencent Group and President of Tencent Smart Travel, revealed that Tencent Cloud has nodes located in Singapore, the USA, Japan, Brazil, and other areas, providing Cloud Computing Service for BYD's Global organization and Business management. It is reported that BYD holds more than ten thousand cross-border meetings every month on Tencent Meeting, and the real-time translation, minutes, summaries, and other AI assistant capabilities of Tencent Meeting are deeply supporting the organizational collaboration of BYD's overseas Business. When discussing the impact of AI Technology on the Autos Industry, it was pointed out, 'To make AI a more business-savvy and excellent employee, it is necessary to feed the large model with professional knowledge of the enterprise.'
Zhong Xiangping from Tencent: The Autos market is moving towards a mode where "fast fish eat slow fish", and the ability of AI innovation and evolution determines competitiveness.
Sina Technology reported on April 23 that Zhang Xiangping, Vice President of Tencent Group and President of Tencent Intelligent Mobility, pointed out during a discussion on the development of the Autos Industry amid the AI wave, "The innovative application of AI Technology is bringing users richer functions and experiences, while also providing new momentum for automakers in terms of organizational collaboration, innovation efficiency, and market layout." Currently, the rapid evolution of AI large model technology is accelerating digital transformation across various Industries, while also having a profound impact on the intelligent development of the Autos Industry. Zhang Xiangping stated that in a stable development environment, it is a scale competition of 'big fish eating smaller fish,' while in an environment of intense transformation.
Nomura: It is expected that TENCENT's net profit for the first fiscal quarter will exceed market expectations, with a Target Price of HKD 648.
Nomura has released a Research Report stating that TENCENT (00700) is expected to see total revenue growth of 10% year-on-year to 1.76 billion yuan in the first quarter of the fiscal year 2025, which is in line with the latest market consensus; it is estimated that its non-International Financial Reporting Standards (non-IFRS) operating profit will increase by 19% year-on-year to 70 billion yuan, exceeding market expectations by 4%. Nomura anticipates that TENCENT's online advertising revenue will rise by 19% year-on-year, primarily driven by advertising from video accounts, with its revenue share potentially rising to over 20% of its advertising business. The firm has set the Target Price for TENCENT's Listed in Hong Kong at 648 Hong Kong dollars, giving it a "Buy" rating.
Tencent's Hunyuan 3D has been upgraded again: ultra-high definition geometric modeling, with the parameter scale increased to tens of billions.
Sina Technology reported on April 23 that Tencent announced the significant upgrade of its Hunyuan 3D generation model. The new v2.5 version greatly enhances modeling precision, entering the era of ultra-high definition in 3D generation. The Hunyuan 3D AI creation engine has been fully updated to the v2.5 model base, and the free generation quota has doubled to 20 times a day. The Hunyuan 3D generation API has also officially launched on Tencent Cloud, open to enterprises and developers. Traditional 3D manual modeling has challenges such as lengthy processing times and complex pipelines; however, Hunyuan 3D uses large model technology, allowing high-quality 3D generation by simply inputting an image or text description.
Nomura: It is estimated that TENCENT will have strong earnings in the first quarter, with online game revenue expected to grow by 15% year-on-year.
Nomura released a Research Report stating that TENCENT (00700) is expected to have strong earnings in the first quarter of this year, with revenue remaining stable compared to last year. It is expected that TENCENT's total revenue will grow by 10% year-on-year to 176 billion yuan, and adjusted operating profit will increase by 19% year-on-year to 70 billion yuan, exceeding market expectations by 4%. At the same time, it is anticipated that TENCENT's operating margin will benefit from the continued expansion of gross margin, potentially increasing by 2.8 percentage points to 39.6% in the first quarter, with adjusted earnings per share also increasing by 29% year-on-year. The report indicates that TENCENT's traditional games such as "Honor of Kings", "Peacekeeper Elite", and "Brawl Stars" performed strongly, along with recently launched.
Directly hitting the auto show | Tencent's Tang Daosheng: Not building cars but fully assisting automotive companies in making good cars and selling good cars, having served over 100 automotive companies and travel technology companies.
Sina Technology News, April 22 afternoon report, at today's Tencent Intelligent Mobility Technology Open Day, Tencent Group Senior Executive Vice President and CEO of the Cloud and Intelligent Industry Group, Tang Daosheng, stated in his speech that the "end-to-end" architectural innovation and widespread application of large models are driving the intelligence of Autos into a deep phase. Tencent will use its cloud map as a base and integrate vehicle and cloud services to provide high-performance computing power, precise data loops, and iterative AI models for automotive companies, helping to build an intelligent foundation that covers the entire chain of product R&D, manufacturing, and user services for auto companies. "We always adhere to our positioning - not manufacturing Autos, but fully assisting".
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