封面新闻记者 欧阳宏宇 二是构建"IP+AI"的创作生态。侯晓楠表示，AI发展越快，原创内容就越珍贵，好故事的价值将被前所未有地放大，阅文海量优质IP迎来视觉化的新机 遇。阅文将在内容孵化、精品内容制作、IP 开发、产业全球化等环节全面拥抱AI，全力布局AI漫剧等新场景，提升IP的开发效率与价值空间。 值得注意的是，阅文于2025年推出了"妙笔通鉴"。内部信显示，全球化布局亦加速深化。在AI翻译助力下，旗下平台WebNovel全球累计访问用户近4亿， 拉美等新兴市场增长显著。 2月9日，阅文集团CEO兼总裁侯晓楠发布春节内部信，系统复盘2025年业务进展，并明确将"长青内容、IP+AI、全球化"作为三大核心战略方向。侯晓楠 在信中表示，2025年是阅文在行业深度调整中夯实根基、培育新动能的一年，最大的收获不只是一部部爆款，而是一套更具韧性、持续进化的生态能力。 内部信显示，2025年阅文在夯实网络文学基本盘的同时，在IP视觉化、商业化、全球化及AI等多条战线取得突破。短剧、漫剧、衍生品等新兴业态上实现 规模化增长，共同构成了IP生态的"第二增长曲线"，推动公司进入提质增效新阶段。 面向2026年，侯晓楠在信中 ...

据36氪，2月9日，阅文集团CEO兼总裁侯晓楠发布春节内部信，内部信显示，新兴业务方面，短剧年产 122部；漫剧自去年10月全面布局以来，已有十部作品播放量破亿、超百部播放量破千万；去年上半年 衍生品GMV达4.8亿元，接近2024年全年水平。 （文章来源：第一财经） ...

Core Insights - The CEO of the company, Hou Xiaonan, outlined three core strategic directions for 2025: "evergreen content, IP + AI, and globalization" [1] - 2025 is identified as a year for the company to solidify its foundation and cultivate new growth drivers amid industry adjustments, focusing on building a resilient and continuously evolving ecosystem [1] Business Progress - The internal communication indicates that while consolidating the foundation of online literature, the company has made breakthroughs in multiple areas including IP visualization, commercialization, globalization, and AI [1] - Emerging sectors such as short dramas, comic dramas, and derivative products have achieved scaled growth, contributing to the "second growth curve" of the IP ecosystem [1]

Core Insights - The CEO of the company, Hou Xiaonan, outlined three core strategic directions for 2025: "Evergreen Content," "IP + AI," and "Globalization" [1][3] - 2025 is viewed as a year for solidifying the company's foundation and nurturing new growth amidst industry adjustments, focusing on building a resilient and evolving ecosystem rather than just producing hit titles [1][3] - The company achieved breakthroughs in multiple areas including IP visualization, commercialization, globalization, and AI, with new business formats like short dramas, comic dramas, and derivative products contributing to a "second growth curve" for the IP ecosystem [1][3] Evergreen Content - The strategy emphasizes supporting core authors and advantageous categories while actively nurturing new talents and diverse themes [1][3] - There is a focus on accelerating the development of film sequels and high-quality animations, promoting the upgrade of short dramas and comic dramas to premium quality [1][3] - The aim is to integrate IP deeply into users' lives through various derivative products and trendy toys, fostering the growth of evergreen IP [1][3] IP + AI - The company plans to build a creative ecosystem that leverages AI, recognizing that as AI develops, original content becomes increasingly valuable [2][4] - There will be a comprehensive embrace of AI across content incubation, premium content production, IP development, and industry globalization [2][4] - The company aims to enhance the efficiency and value of IP development by fully engaging in new scenarios like AI comic dramas [2][4] Globalization - The strategy includes constructing a long-term engine for globalization, accelerating multi-language expansion while deepening focus on key regions [2][4] - The goal is to create internationally influential benchmark IPs as the company expands its market presence [2][4]

Group 1 - The Hong Kong stock market saw a collective rise in AI application stocks, with notable increases such as Zhiyun up over 11% and Reading Group up 8% [1] - Other companies like Pony.ai, Fubo Group, and Xindong Company also experienced gains exceeding 6%, while Kingsoft Cloud and Dreamland Technology rose over 5% [1] - The report from Kaiyuan Securities highlighted ByteDance's launch of the Seedance 2.0 video generation model on the Jiemeng platform, which has sparked widespread evaluation and discussion in the AI industry due to its impressive performance [1] Group 2 - Zhiyun's stock price increased by 11.91% to 227.40, with a total market value of 101.39 billion and a year-to-date increase of 95.70% [2] - Reading Group's stock rose by 8.08% to 37.20, with a market capitalization of 37.99 billion and a year-to-date increase of 12.80% [2] - Other notable stock performances include Pony.ai up 6.46%, Fubo Group up 6.57%, and Xindong Company up 6.25%, with respective market values of 47.86 billion, 11.54 billion, and 41.69 billion [2]

Core Viewpoint - The Hong Kong stock market saw a collective rise in AI application stocks, indicating strong investor interest and confidence in the sector [1]. Group 1: Stock Performance - Zhihui Technology (智谱) surged over 11% [1] - Yuewen Group (阅文集团) increased by 8% [1] - Xiaoma Zhixing (小马智行), Fubo Group (阜博集团), Xindong Company (心动公司), and WeRide (文远知行) all rose over 6% [1] - Kingsoft Cloud (金山云), Chuangmeng Tiandi (创梦天地), and Minglue Technology (明略科技) experienced gains of over 5% [1] - MINIMAX-WP saw an increase of over 4% [1] - JD Health (京东健康), Chuangxin Qizhi (创新奇智), and Fanshi Intelligent (范式智能) rose over 3% [1] - Ping An Good Doctor (平安好医生) and Zhongyou Game (中手游) increased by nearly 3% [1]

Group 1 - The Hong Kong stock market saw a collective rise in AI application stocks, with notable increases such as Zhiyu up over 11% and Reading Group up 8% [1] - Other companies like Xiaoma Zhixing, Fubo Group, Xindong Company, and Wenyuan Zhixing experienced gains exceeding 6% [1] - The report from Kaiyuan Securities highlighted ByteDance's launch of the Seedance 2.0 video generation model on the Jiemeng platform, which has garnered significant attention and discussion within the AI industry due to its impressive performance [1] Group 2 - Zhiyu's stock rose by 11.91%, reaching a latest price of 227.400 with a total market value of 101.385 billion, marking a year-to-date increase of 95.70% [2] - Reading Group's stock increased by 8.08%, with a latest price of 37.200 and a market value of 37.999 billion, reflecting a year-to-date rise of 12.80% [2] - Xiaoma Zhixing's stock rose by 6.46%, priced at 110.400 with a market value of 47.863 billion, although it has seen a year-to-date decline of 5.88% [2]

阅文集团（00772）盘中涨超9%，截至发稿，股价上涨5.52%，现报36.32港元，成交额1.13亿港元。 招商证券此前点评认为，沿着AI视频行业的研究框架，阅文集团是最为受益的，坚定看好阅文在AI应 用浪潮里的发展良机。 光大证券也表示，阅文是稀缺的IP全产业链头部公司，在线阅读业务维持稳定，持续孵化新IP；受益于 短剧、IP衍生品等新业务表现亮眼，以及未来加码AI漫剧业务，阅文自有侧利润有望持续改善。 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 阅文集团（00772）盘中涨超9%，截至发稿，股价上涨5.52%，现报36.32港元，成交额1.13亿港元。 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 招商证券此前点评认为，沿着AI视频行业的研究框架，阅文集团是最为受益的，坚定看好阅文在AI应 用浪潮里的发展良机。 光大证券也表示，阅文是稀缺的IP全产业链头部公司，在线阅读业务维持稳定，持续孵化新IP；受益于 短剧、IP衍生品等新业务表现亮眼，以及未来加码AI漫剧业务，阅文自有侧利润有望持续改善。 责任编辑：卢昱君 ...

阅文集团(00772)早盘涨超9%，截至发稿，涨8.19%，报37.24港元，成交额7480.89万港元。 招商证券此前点评认为，沿着AI视频行业的研究框架，阅文集团是最为受益的，坚定看好阅文在AI应 用浪潮里的发展良机。光大证券也表示，阅文是稀缺的IP全产业链头部公司，在线阅读业务维持稳定， 持续孵化新IP；受益于短剧、IP衍生品等新业务表现亮眼，以及未来加码AI漫剧业务，阅文自有侧利润 有望持续改善。 消息面上，近日，字节跳动在即梦平台上线Seedance2.0视频生成模型，引发AI产业界广泛测评与讨 论，且实测效果惊艳。其支持文字、图片、视频、音频等各类素材输入，并生成视频，在自运镜和分运 镜、全方位多模态思考、音画同步生成、多镜头叙事能力等几个关键能力上实现突破。开源证券认为， 这或为AI影视的"奇点"时刻，有望在AI漫剧、AI短剧等短内容方面率先得到广泛应用，进一步推动漫 剧/短剧制作大幅降本提效和产能供给释放，拥有IP储备、平台流量优势的公司或充分受益。 ...

Group 1 - The core viewpoint of the article highlights that the recent launch of ByteDance's Seedance 2.0 video generation model has sparked significant interest and discussion within the AI industry, showcasing impressive capabilities in video generation from various input types [1] - The model's breakthroughs include self-operated and distributed camera capabilities, multi-modal thinking, audio-visual synchronization, and multi-angle storytelling, which are expected to revolutionize the AI film and short content sectors [1] - Open-source securities suggest that this could mark a "singularity" moment for AI in film, potentially leading to substantial cost reductions and efficiency improvements in the production of short dramas and related content [1] Group 2 - According to previous assessments by招商证券,阅文集团 is positioned as the most benefitting company from the AI video industry, with strong growth opportunities in the wave of AI applications [1] - 光大证券 emphasizes that阅文 is a rare leading company in the full IP industry chain, maintaining stable online reading business while continuously incubating new IPs [1] - The company is expected to benefit from the strong performance of new businesses such as short dramas and IP derivatives, along with future investments in AI comic dramas, leading to sustained improvement in its profit margins [1]