寒武纪公司战略与风险治理研究

Study on the Strategy and Risk Management of Cambrian Corporation

摘要: 寒武纪作为国内人工智能芯片领域第一股的创新企业，在通用大语言模型对社会影响不断深入的当下在中国人工智能产业发展中具有举足轻重的地位。本文基于公司战略与风险治理的视角，以寒武纪公司为研究对象，对其战略实施、风险治理及企业价值提升进行研究。研究发现，公司在战略方面存在资金流动性不足、投入力度不足、市场定位不准确的风险。在风险管理方面存在过度追求市场占有率和缺乏应收账款信用评估体系的风险。在公司治理方面存在股权集中和缺乏外部监督的风险。给出了加大研发投入、加大引进高层次人才、加强知识产权保护的建议和重视内控建设、强化内部审计、合理制定资本结构的公司治理策略。本文的研究为人工智能企业及其他科创企业实施战略管理与风险治理提供了有益的启示。

Abstract: As the first innovative enterprise in the field of domestic artificial intelligence chips, Cambrian plays a pivotal role in the development of China’s artificial intelligence industry when the general large language model has a deepening impact on society. Based on the perspective of corporate strategy and risk governance, this paper takes Cambrian Company as the research object to study its strategy implementation, risk governance and enterprise value enhancement. It is found that the company has the risk of insufficient capital liquidity, insufficient investment and inaccurate market positioning in terms of strategy. In terms of risk management, there are risks of excessive pursuit of market share and lack of credit evaluation system of accounts receivable. In terms of corporate governance, there are risks of concentration of ownership and lack of external oversight. The suggestions of increasing R&D investment, increasing the introduction of high-level talents, strengthening the protection of intellectual property rights and corporate governance strategies of attaching importance to the construction of internal control, strengthening internal audit and rationally formulating capital structure are given. The research of this paper provides useful enlightenment for the implementation of strategic management and risk management in artificial intelligence enterprises and other scientific and technological innovation enterprises.