CITIC Securities believes that Harness is expected to become a key part of DeepSeek's transition from model supply to platform ecosystem, transforming open source and engineering advantages into a user base, ecological influence, and commercialization capabilities. As agent competition expands from model capabilities to stable, easy to use, and low-cost task delivery, DeepSeek expands user and task coverage through plug-ins, scenario presets, and cross-agent collaboration, and extends the advantages of Infra from software and hardware collaboration to complete task execution. Its long-term value is that ecological expansion accumulates demand, configuration and process accumulation enhances product stickiness, supports safety management, and jointly creates conditions for continuous use and enterprise deployment; on the basis of using official models, the company can also explore platform services and ecological transactions, transform ecological accumulation into more diverse revenue sources, and support product and ecological re-investment. CITIC Securities is optimistic that the domestic big model will continue to rise.

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