Amid DeepSeek frenzy, Chinese companies detail use of AI

China Unicom Hong Kong

09/02/2025 11:55

BEIJING, Feb 9 (Reuters) - Chinese automaker Great Wall
Motor and China's leading telecoms providers are integrating the
AI model released by DeepSeek into their offerings, the latest
Chinese companies looking to capitalize on the start-up's
breakthrough and attention.
    Hebei-based Great Wall  601633.SS  - China's first listed
car maker - confirmed to Reuters it had integrated DeepSeek into
its connected vehicle system, which it has branded "Coffee
Intelligence."
    State-run publication Securities Times first reported the
Great Wall development on Sunday. 
    Separately China's Ministry of Industry and Information
Technology (MIIT) said on Saturday that the country's three
largest telecom companies - China Mobile, China Unicom and China
Telecom - were looking to "promote the inclusive application of
the latest AI technology" and were working with the DeepSeek
open source model.
    DeepSeek's AI platform, which threatens to upend the
economics of a still-emerging industry, has spilled over into
investor speculation about its potential positive effects on
China's broader tech sector and to patriotic calls for an upward
repricing of Chinese assets.
    Chinese investors have rushed into AI-related stocks,
including Chinese chipmakers, software designers and data centre
operators in recent days.
    On Sunday, two listed companies who had been touted by
investors as potential beneficiaries of DeepSeek's lower-cost
model cautioned investors their business outlook had not changed
- even as Beijing celebrated the efforts of other big companies
to integrate DeepSeek's AI platform.
    Beijing-based Capitalonline Data Service  300846.SZ , which
provides cloud computing services, said in a statement to the
Shenzhen stock exchange it had deployed the DeepSeek-R1 model. 
     The company's shares jumped 49% between Wednesday and
Friday last week.
    In its statement it said the business effect of the DeepSeek
rollout and any impact on the company's future performance were
both uncertain.
     Shenzhen-based MeiG Smart Technology company  002881.SZ ,
which provides wireless data terminals for IoT devices, said in
its own statement to the Shenzhen exchange that it was working
on the adaptation of DeepSeek-related models but remained in the
early stages of that work.
    It said development work had not generated any new business.
    MeIG's shares jumped 33% from Wednesday to Friday.
    Other Chinese companies, including Tencent  0700.HK  and
Huawei  HWT.UL , have said in the last week that they have
integrated DeepSeek's model into their own offerings.

 (Reporting by Kevin Krolicki, Brenda Goh and Liangping Gao;
Editing by David Holmes)
 ((gao.liangping@thomsonreuters.com;))