CITIC Securities: Maintains "Strong Buy" rating on ASIAINFO TECH, with high growth in AI large model applications and delivery business in Q3
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China Merchants Securities maintains a "Strong Buy" rating on ASIAINFO TECH, expecting the net profit attributable to the parent company to be 428 million, 648 million, and 716 million yuan for 2025-2027, respectively. ASIAINFO TECH has achieved explosive growth in AI large model applications and delivery services, with revenue exceeding 75 million yuan in the first three quarters, a year-on-year increase of 26 times. The company has signed a cooperation agreement with Alibaba Cloud to become an "Ability Center" for Alibaba Cloud, jointly promoting the research and development of artificial intelligence-related products and market expansion
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