CITIC Securities said developments in domestic LLMs and tooling could lift
enterprise workflow adoption and inference demand. On Oct. 17 DeepSeek released
V4.1 Flash: DeepSWE rose to 77.0% from 74.2%, API pricing was unchanged, and
search/crawl interfaces were opened. In third‑party tests the new build passed
all hidden Pi‑framework high‑setting tests; average cost per task was $0.045,
about 77.7% cheaper than GPT‑5.6 Sol at the medium setting. Separately, Zhipu
released a legal‑specialist model and disclosed a phased plan for long‑horizon
Agent training. CITIC recommends monitoring enterprise AI applications,
compute/service providers, domestic chip makers and supernode infrastructure.