回顾过往财务数据，数字人四季度业绩集中的特性尤为明显。2024年公司全年实现营业收入6634.10万 元，第四季度单季营收达3788.53万元，占全年营收比重高达57%。在2023年，公司全年营收9657.87万 元，四季度营收约2871.32万元，占比约30%；2022年全年营收7142.73万元，四季度营收约4574.52万 元，占比更是高达64%。三年数据清晰显示，四季度始终是公司营收贡献的核心季度。 随着国家对医学教育信息化的持续支持，以及公司技术实力的不断增强，数字人有望在未来几个季度实 现业绩的稳步增长。尽管上半年业绩仍处于较低水平，但数字人已展现出强劲的增长势头，尤其是在四 季度，其收入和利润预计有望实现显著提升。 这种业绩季节性波动，与公司核心客户结构高度相关。据披露，数字人主要客户为医学院校、医院等行 政事业单位，其采购招标通常需经历3—6个月的时间，加上项目实施阶段的现场勘查、方案制定、设备 安装调试和验收等工作，使得公司上半年业务量较少，营业收入较为集中的体现在第三、四季度，经营 业绩呈现前低后高的波动状态，存在季节性波动。 8月22日，数字人(835670.BJ)发布的2025年中报数 ...

Group 1 - The integration of virtual reality and digital economy is a key national development strategy, with digital human technology emerging as a crucial support technology in the metaverse era [1] - A new media training solution designed for universities has been developed to meet the demand for cultivating interdisciplinary talents in digital human technology, covering various fields such as digital media art, animation, virtual reality, and e-commerce [1][2] - The solution features a systematic, modular, and cross-disciplinary approach, aiming to break down professional barriers and promote interdisciplinary integration [1] Group 2 - A high-precision motion capture training system is a highlight of the solution, allowing students to experience the complete process from motion capture to digital human content output [2] - The system utilizes advanced visual recognition technology to capture key body points and facial expressions, enhancing the flexibility and immersion of training [2] - The solution includes a variety of hardware and software options, such as 3D facial scanning devices and an AIGC 3D digital human video generation platform, enabling students to develop realistic digital humans and quickly master new content forms [3] Group 3 - The digital human new media training room serves as a hub for interdisciplinary integration and innovation, allowing students to explore innovative applications of digital humans in various fields [6] - Through cross-disciplinary project practice, students can develop project collaboration skills and innovative thinking, preparing them for future content production in the metaverse and digital economy [6]

Core Viewpoint - Alibaba demonstrates its strong capabilities in artificial intelligence by launching the open-source multi-modal video generation model Wan2.2-S2V, which allows users to create high-quality digital human videos from a static image and audio input [1][3]. Group 1: Product Features - The Wan2.2-S2V model can generate videos with a duration of up to several minutes, significantly enhancing video creation efficiency in industries such as digital human live streaming, film post-production, and AI education [2][5]. - The model supports various video resolutions, accommodating both vertical short videos and horizontal films, and incorporates advanced control mechanisms like AdaIN and CrossAttention for improved audio synchronization [3][5]. - Users can upload an image and audio to generate dynamic videos where the subject can perform actions like speaking and singing, with facial expressions and lip movements closely synchronized to the audio [3][5]. Group 2: Industry Impact - Alibaba has been at the forefront of video generation technology, having previously released the Wan2.2 series models, which set new industry standards with their MoE architecture [3]. - The introduction of the Wan2.2-S2V model addresses the growing demand for efficient video creation tools in rapidly evolving sectors such as digital human live streaming and film production [5]. - The advancements in video generation technology are expected to lead to further innovations and breakthroughs in the field, driven by continuous improvements in the underlying models [5].

Core Insights - Alibaba has launched its latest multimodal video generation model, Wan2.2-S2V, which has garnered significant attention in the industry due to its advanced capabilities [1] - The model allows users to generate high-quality digital human videos by simply providing a static image and an audio clip, achieving natural facial expressions and synchronized lip movements [1] - Wan2.2-S2V supports various image types and can create videos lasting up to several minutes, which is a leading feature in the industry [1] User Experience - The model is available for user experience on platforms like Hugging Face and the Magic Dock community, allowing for direct downloads and trials on the official website [1] - Users can upload images of different subjects, including humans, cartoons, and animals, and the model will animate them to speak, sing, or perform based on the provided audio [1] Technical Innovations - Wan2.2-S2V integrates multiple innovative technologies, including global motion control guided by text and fine-grained local motion driven by audio, enabling efficient video generation in complex scenarios [3] - The model employs AdaIN and CrossAttention mechanisms for more accurate and dynamic audio control, ensuring high-quality long video generation through hierarchical frame compression [3] - Alibaba's team trained the model on a dataset containing over 600,000 audio-video segments, utilizing mixed parallel training to maximize performance potential [3] Performance Metrics - Wan2.2-S2V has achieved the best results among similar models in key metrics such as video quality, expression realism, and identity consistency [4] - Since February of this year, the company has open-sourced several video generation models, with downloads exceeding 20 million, making it one of the most popular models in the open-source community [4]

Group 1 - The Guangdong Province Hubei Yangxin Chamber of Commerce has become the first regional chamber in China to launch a digital avatar for its president, Xiang Yi, marking a significant innovation in the chamber's development [1][4] - The digital avatar will serve as a "digital twin" for the president, allowing him to attend events and deliver speeches when he is unable to be present, thus ensuring timely communication of the chamber's important messages [1][4] - The digital avatar will enhance the promotion of the Guangdong Yangxin Chamber of Commerce by sharing the president's experiences and philosophies, thereby increasing the chamber's visibility and influence within the industry [1][4] Group 2 - The successful launch of the president's digital avatar is supported by the technology of Huitaojin Group, which specializes in AI-driven customer acquisition solutions and has a team with backgrounds from Alibaba, Huawei, and Tencent [4] - Huitaojin Group's AI digital avatar technology can accurately replicate a person's speech style and micro-expressions, showcasing an innovative application of this technology in the chamber sector [4] - The integration of the digital avatar with the chamber's media center, which includes various communication channels like WeChat, video accounts, and Douyin, has created a synergistic development that promotes the chamber's digital transformation [4][5] Group 3 - The series of innovative measures taken by the Guangdong Province Hubei Yangxin Chamber of Commerce sets a new benchmark for the development of regional chambers in China, demonstrating the significant application potential of digital technology in organizational settings [5] - The ongoing development and deep integration of the president's digital avatar and the media center are expected to enhance services for members and promote economic exchanges, aiding Yangxin enterprises in achieving better collaborative development in Guangdong [5]

Core Insights - Suzhou has achieved a cumulative digital RMB transaction volume exceeding 9 trillion yuan, accounting for 70% of the national total, with over 30 million wallets opened in the city [1][3] - By the end of 2024, Suzhou's digital RMB transaction volume is projected to reach 7 trillion yuan, with 7.5 million digital RMB loans issued, amounting to over 390 billion yuan, representing a 40% increase year-on-year [1][3] - The digital RMB pilot program in Suzhou has expanded from consumer spending to public transportation, government services, and tax payments, showcasing significant innovation in key areas [3][4] Digital RMB Development - The digital RMB pilot in Suzhou has been ongoing for nearly six years, starting in late 2019, with initial trials in various cities and scenarios [3] - The local government has actively promoted digital RMB through initiatives such as distributing 20 million yuan in digital RMB red packets to residents, facilitating online consumption [3] - Suzhou aims to deepen the application of digital RMB across all sectors by 2025, including the establishment of 100 innovative demonstration scenarios and the formulation of 15 relevant standards [4] Future Directions - Experts suggest that the focus of digital RMB development should shift from scale expansion to quality enhancement, particularly in B2B and government sectors [5] - Recommendations include exploring differentiated development paths based on local economic structures, such as enhancing cross-border payment applications in trade-active regions and expanding supply chain finance in manufacturing hubs [5]

每经讯，2025年8月27日，北交所上市公司数字人（835670，收盘价：17.23元）登上龙虎榜，交易方式是连续竞价，披露原因是 当日换手率达到30.12%，成交数量2007.7万股，成交金额3.55亿元。买一席位为东方财富证券股份有限公司拉萨东环路第二证券 营业部，买入525.43万元；卖一席位为广发证券股份有限公司成都新光路营业部，卖出705.72万元。 | | 2025-08-27数字人 (835670) 龙虎榜 | | | | --- | --- | --- | --- | | 序号 | 交易营业部名称 | 买入金额(元) | 卖出金额(元) | | नेट ग | 东方财富证券股份有限公司拉萨东环路第二证券营业部 | 5254298.59 | 2602276.32 | | 买2 | 国信证券股份有限公司深圳互联网分公司 | 5098337.71 | 3852752.88 | | 买3 | 东莞证券股份有限公司揭阳分公司 | 5049610.06 | 0 | | न्द्र 4 | ·证券营业部 东方财富证券股份有限公司拉萨东环路第一 | 4348836.94 | 1677434.71 | | જે ...

Group 1 - The stock "Digital Person" has gained significant trading activity, with multiple active brokerage firms appearing on the buy and sell lists [1] - Dongfang Caifu Securities' Lhasa East Ring Road Second Securities Office ranked first in buying amount at 5.2543 million yuan, marking the highest trading frequency with 918 appearances in the last three months [1] - The top five buying positions accounted for 57.68% of the total buying amount, with Lhasa's three brokerage offices collectively buying 13.8087 million yuan [1] Group 2 - On the selling side, GF Securities' Chengdu New Light Road Office emerged as the largest seller with 7.0572 million yuan, marking its first appearance in the Digital Person list in the last three months [1] - China Galaxy Securities' Taizhou Yinzong North Street Office ranked second in selling with 6.0494 million yuan, showing a 100% probability of the stocks it sold rising the next day [1] - Guoxin Securities' Shenzhen Tai Ran Ninth Road Office ranked third in selling with 5.7413 million yuan, indicating a mixed performance for the stocks it has appeared with over the last three months [1]

Group 1 - Digital Human (835670) experienced a price increase of 12.84% with a trading volume turnover rate of 30.12% and a total transaction amount of 355 million yuan, showing a price fluctuation of 22.95% [2] - The stock was listed on the Beijing Stock Exchange due to its daily turnover rate reaching 30.12%, with a net selling amount of 11.71 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction amount of 65.64 million yuan, with a buying amount of 26.97 million yuan and a selling amount of 38.68 million yuan, resulting in a net selling of 11.71 million yuan [2] Group 2 - The largest buying brokerage was Dongfang Caifu Securities Co., Ltd. with a buying amount of 5.25 million yuan, while the largest selling brokerage was Guangfa Securities Co., Ltd. with a selling amount of 7.06 million yuan [2] - Detailed trading information shows the top five buying and selling brokerages, with significant buy amounts from Dongfang Caifu and Guoxin Securities, and substantial sell amounts from Guangfa Securities and China Galaxy Securities [2]

Market Overview - The Shanghai Composite Index is at 3839.08 points, above the six-month moving average, with a decline of 0.76% [1] - The total trading volume of A-shares is 23899.72 billion yuan [1] Stocks Breaking the Six-Month Moving Average - A total of 16 A-shares have surpassed the six-month moving average today [1] - Notable stocks with significant deviation rates include: - Digital Human: 10.98% - *ST Baoshi: 5.13% - Aerospace Electric: 3.50% [1] Stocks with Smaller Deviation Rates - Stocks with smaller deviation rates that have just crossed the six-month moving average include: - Wangcheng Technology: 0.11% - Zhu Laoliu: 0.16% - Yintuwanglian: 0.17% [1] Performance of Selected Stocks - The following stocks have notable performance metrics: - Digital Human: Today's increase of 14.01% with a turnover rate of 25.34% [1] - *ST Baoshi: Increased by 5.05% with a turnover rate of 2.04% [1] - Aerospace Electric: Increased by 3.55% with a turnover rate of 2.36% [1]