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Taking the data of A-share listed companies in Shanghai and Shenzhen from 2015 to 2023 as a sample, this data was analyzed using empirical methods, fixed-effects, and explicit regression analysis. The findings indicate that dynamic capabilities and the threefold dynamic capabilities promote the intelligent transformation of advanced manufacturing. The findings of this study provide a framework for enterprises to navigate the process of intelligent transformation, address the research gap regarding the role of dynamic capabilities in this field, and demonstrate the differentiated effects of various dimensions of dynamic capabilities, which can inform both managerial practices and industrial policy.
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