Investment Rating - The report maintains a "Buy" rating for the media industry, indicating a positive outlook for the sector [7][11]. Core Insights - The media industry (Shenwan) saw a significant increase of 13.10% from January 5 to January 11, 2026, outperforming the major indices [14][17]. - Key segments within the industry performed well, with advertising and marketing up 19.17%, television broadcasting up 15.15%, and gaming up 13.14% [14][17]. - The report highlights strong individual stock performances, particularly for companies like Inertia Media and BlueFocus, which saw increases of 52.62% and 49.13% respectively [17][18]. Industry Performance Summary Market Performance - The media industry outperformed the major indices, with the Shanghai Composite Index rising 3.82% and the Shenzhen Component Index rising 4.40% during the same period [14][16]. - The advertising and marketing sector led the gains, followed by television broadcasting and gaming [14][16]. Key Data and Updates AI Applications - AI product rankings showed significant growth, with Gemini and DeepSeek increasing by 28% and 30% respectively [19][20]. - OpenRouter's weekly token usage rose by 15%, indicating a growing demand for AI applications [19][20]. Gaming - The top five mobile games on iOS as of January 10, 2026, included "Honor of Kings" and "Peacekeeper Elite" [23][25]. - New game releases are anticipated, including Tencent's "Counter-Strike: Future" on January 13, 2026 [27][26]. Film and Television - Domestic box office revenue reached 362 million yuan during the week of January 5-11, 2026, with "Hidden Kill" leading the charts [29][30]. - Seven new films are set to be released from January 12 to January 18, 2026 [30][31]. Investment Recommendations - The report recommends focusing on themes such as AI applications and cultural exports, with specific attention to gaming, IP, short dramas, marketing, and publishing sectors [5][34]. - Notable companies to watch include Giant Network, Perfect World, and Kuaishou, all rated as "Buy" [5][34].

Group 1 - The core point of the article highlights that Vision China achieved a transaction volume of 5.901 billion yuan, marking the highest level since February 17, 2025 [2] - The latest stock price of Vision China increased by 7.85%, with a turnover rate of 27.34% [2] - The previous trading day recorded a total transaction volume of 4.219 billion yuan for the stock [2] Group 2 - Vision China Cultural Development Co., Ltd. was established on May 28, 1994, with a registered capital of 700.577436 million yuan [2]

Group 1 - The main stocks with significant capital outflows include Haige Communication (-1.197 billion), TBEA (-1.048 billion), and Goldwind Technology (-0.998 billion) [1][2] - Haige Communication experienced a price increase of 10%, while TBEA and Goldwind Technology saw increases of 7.34% and 2.65% respectively [2][3] - Other notable stocks with capital outflows include China Satellite (-0.827 billion), Oriental Communication (-0.710 billion), and Zhongji Xuchuang (-0.673 billion) [1][2] Group 2 - The sectors represented by the stocks with the largest capital outflows include communication equipment, power grid equipment, and wind power equipment [2][3] - Stocks like Tianlong Group and Yidian Tianxia saw significant price increases of 16.52% and 17.47% respectively, despite experiencing capital outflows of -0.549 billion and -0.521 billion [2][3] - The data indicates a mixed performance across various sectors, with some stocks showing positive price movements while still facing substantial capital outflows [1][2]

Core Viewpoint - Visual China (000681) has signed a strategic cooperation agreement with Beijing Qinglan Zhihui Technology Co., Ltd. (PureblueAI) to develop a new marketing service model in the AI-native era, focusing on "data supply + GEO marketing full-link services" [1] Group 1 - The collaboration aims to provide smarter and more efficient marketing solutions for brand clients [1]

Core Viewpoint - The article highlights the efforts of Ma'anshan City in Anhui Province to develop vocational education, particularly in additive manufacturing, to cultivate high-quality technical talents and skilled workers for key industries [1] Group 1: Vocational Education Development - Ma'anshan City is actively creating undergraduate-level vocational colleges to enhance skill training and evaluation systems [1] - The focus is on nurturing high-quality technical skills and craftsmanship to support the city's industrial development [1] Group 2: Skills Competition and Training - Students from Ma'anshan City Vocational Technical College are preparing for the World Skills Competition under the guidance of their instructors [1] - The initiative aims to promote the construction of a strong skilled workforce in the city [1]

Group 1 - Tongdahai, located in Chongqing, is a core service provider in the court informationization sector, focusing on judicial AI applications with over 2,000 courts using its products nationwide [1] - The company's intelligent document generation system improves judges' work efficiency by over 50%, while its intelligent case allocation system meets the smart management needs of courts [1] - As demand for judicial AI continues to grow, the company is expected to enhance its market coverage and commercialization capabilities, becoming a key beneficiary in the judicial AI sector [1] Group 2 - Tianlong Group, based in Shantou, Guangdong, operates in digital marketing and ink chemicals, with a strong focus on AI applications in digital marketing [2] - The company’s advertising optimization through AI technology has increased conversion rates by over 30% compared to traditional methods [2] - AI applications are driving the company's performance growth, leveraging its technical expertise and channel resources to meet advertisers' needs [2] Group 3 - Guangyun Technology, a leading player in the e-commerce SaaS sector based in Hangzhou, focuses on AI application development for e-commerce scenarios [3] - Its AI selection system provides precise product recommendations based on comprehensive e-commerce data analysis [3] - The company is expected to maintain its leading position in the e-commerce AI sector as demand for intelligent solutions increases [3] Group 4 - Zhangqu Technology, located in Beijing, is an established player in the mobile gaming industry, innovating AI applications in game development [4] - AI-generated content tools reduce development cycles by 20%-30% and costs by over 15% [4] - The company is positioned to leverage AI applications for intelligent transformation in the gaming business [4] Group 5 - Zhuoyi Information, based in Wuxi, Jiangsu, specializes in cloud computing infrastructure and AI computing power services [5] - The company optimizes AI computing power scheduling efficiency, supporting large model training and inference [5] - As demand for AI computing power continues to grow, the company is set to benefit significantly from its foundational role in AI application deployment [5] Group 6 - Dian Diagnostics, a leading third-party medical diagnostics company in Hangzhou, focuses on AI applications in the medical field [6] - Its AI diagnostic systems achieve over 95% accuracy in identifying cancer cells and enhance diagnostic efficiency [6] - The company is expected to expand its AI application scenarios in the medical sector, driving intelligent transformation in diagnostics [6] Group 7 - Zhidema, based in Beijing, operates a consumer content and shopping guide platform, integrating AI technology for consumer decision-making [7] - The platform's conversion rate is 40% higher than the industry average due to its AI recommendation system [7] - AI applications are crucial for enhancing user experience and monetization in the consumer sector [7] Group 8 - Yidian Tianxia, located in Xi'an, focuses on AI marketing applications for cross-border e-commerce and overseas enterprises [8] - The company’s AI creative platform generates multilingual advertising materials, adapting to various cultural contexts [8] - As demand for cross-border AI marketing grows, the company is positioned as a key bridge for enterprises entering AI applications [8] Group 9 - Weishidun, a digital transformation service provider, specializes in AI applications for the financial and government sectors [9] - Its intelligent risk control system effectively identifies financial risks, reducing bad debt rates [9] - The company is expected to expand its market share in financial and government AI solutions as demand increases [9] Group 10 - Xinlicheng, based in Zhengzhou, focuses on AI applications in grassroots medical services and health management [10] - The company’s AI-assisted diagnostic systems enhance the capabilities of grassroots doctors [10] - As the government promotes improvements in grassroots medical capabilities, the company is set to enhance service accessibility and quality through AI [10] Group 11 - Waifu Holdings, located in Shanghai, is a leader in human resources services, integrating AI technology into its applications [11] - The AI recruitment system improves hiring efficiency by over 60% [11] - The company is positioned to expand its AI applications in human resources, driving the sector's digital transformation [11] Group 12 - Zhonggong Education, based in Wuhu, is a leading vocational education company focusing on AI applications [12] - Its AI learning platform generates personalized study plans, enhancing learning efficiency [12] - The company is expected to solidify its leading position in vocational education through innovative AI applications [12] Group 13 - Zhizhen Technology, located in Beijing, focuses on AI applications in the telecommunications sector [13] - Its AI network operation system enhances network stability and reduces operational costs [13] - The company is set to expand its market share in telecommunications AI solutions as demand grows [13] Group 14 - Visual China, based in Chongqing, is a leader in visual content services, leveraging AI to transform content production and transaction [14] - The company’s AI content generation platform supports efficient visual content creation [14] - As demand for AI-generated visual content increases, the company is positioned to benefit significantly in this sector [14] Group 15 - Yiyuan Media, located in Beijing, is an integrated marketing service provider focusing on AI marketing applications [15] - The company’s AI marketing creative platform generates advertising materials quickly, adapting to short video marketing needs [15] - AI is a core technology driving innovation in the marketing sector, positioning the company as a leader in AI marketing [15] Group 16 - Shenguang Group, based in Guangzhou, is a leading advertising marketing company that integrates AI technology into its global marketing applications [16] - The company’s AI creative center generates multilingual advertising content, catering to overseas market needs [16] - As cross-border AI marketing demand grows, the company is expected to strengthen its position in the marketing industry [16]

Strong Stocks - As of January 13, the Shanghai Composite Index fell by 0.64% to 4138.76 points, the Shenzhen Component Index decreased by 1.37% to 14169.4 points, and the ChiNext Index dropped by 1.96% to 3321.89 points [1] - A total of 75 stocks in the A-share market hit the daily limit, with the top three strong stocks being: Luxin Venture Capital (600783), Hangxiao Steel Structure (600477), and Julong Cable (002342) [1] - Detailed data for the top 10 strong stocks includes: - Luxin Venture Capital (600783): 13 days with 11 limit-ups, turnover rate of 20.18%, and closing price of 54.9 - Hangxiao Steel Structure (600477): 4 consecutive limit-ups, turnover rate of 15.79%, and closing price of 16.3 - Julong Cable (002342): 4 consecutive limit-ups, turnover rate of 39.34%, and closing price of 48.2 [1] Strong Concept Sectors - The top three concept sectors with the highest gains in the A-share market are: AI Applications, CRO Concept, and Cell Immunotherapy [2] - Detailed data for the top 10 concept sectors includes: - AI Applications: increased by 10.3% - CRO Concept: increased by 3.56% - Cell Immunotherapy: increased by 2.92% [3]

21智讯1月13日电，视觉中国公告，公司股票于2026年1月12日、1月13日连续2个交易日收盘价格涨幅偏 离值累计达到20%以上，根据深圳证券交易所相关规定，属于股票交易异常波动的情形。经核实，公司 前期披露的信息不存在需要更正或补充之处；近期未发现公共传媒报道可能对公司股价产生较大影响的 未公开重大信息；近期经营情况及内外部环境未发生或将要发生重大变化；公司、控股股东及其一致行 动人、实际控制人不存在应披露而未披露的重大事项或处于筹划阶段的重大事项；在股票异常波动期 间，控股股东及其一致行动人、实际控制人未买卖公司股票。公司董事会确认，目前没有任何应予以披 露而未披露的事项，也未获悉任何对股票交易价格产生较大影响的信息。 ...

证券代码：000681 证券简称：视觉中国 公告编号：2026-005 视觉（中国）文化发展股份有限公司 股票交易异常波动公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载，误导性陈述或重大遗漏。 一、股票交易异常波动的情况介绍 视觉（中国）文化发展股份有限公司（以下简称"公司"或"本公司"）股票（证 券代码：000681，证券简称：视觉中国）于 2026 年 1 月 12 日、1 月 13 日连续 2 个交易日收盘价格涨幅偏离值累计达到 20%以上，根据《深圳证券交易所交易规 则》的相关规定，属于股票交易异常波动的情形。 二、公司关注并核实的相关情况 公司对需核实的情况进行了自查，并就相关问题向对公司控股股东及其一致 行动人、公司实际控制人进行了核实： 4. 经核实，公司、公司控股股东及其一致行动人、实际控制人不存在关于 本公司的应披露而未披露的重大事项或处于筹划阶段的重大事项。 5. 经查询，公司股票异常波动期间，公司控股股东及其一致行动人、实际 控制人未买卖公司股票。 三、关于不存在应披露而未披露信息的说明 本公司董事会确认，本公司目前没有任何根据《深圳证券交易所股票上市规 ...

Group 1 - Visual China experienced a trading halt today with a daily turnover rate of 19.91% and a transaction amount of 4.219 billion yuan, with a price fluctuation of 2.24% [2] - Institutional investors net bought 92.7852 million yuan, while the Shenzhen Stock Connect saw a net sell of 28.6438 million yuan, indicating strong institutional interest [2] - The stock was listed on the daily trading list due to a price deviation of 11.42%, with the top five trading departments contributing a total transaction of 1.03 billion yuan, resulting in a net buy of 160 million yuan [2] Group 2 - The stock saw a net inflow of 149 million yuan from major funds today, with large orders contributing a net inflow of 336 million yuan, while large orders saw a net outflow of 187 million yuan [3] - The latest margin trading data shows a total margin balance of 1.047 billion yuan, with a financing balance of 1.041 billion yuan and a securities lending balance of 6.1161 million yuan, indicating a recent decrease in financing balance by 209 million yuan, a decline of 16.73% [3] - The trading data from January 13 shows significant buying and selling activity, with the top buying department being the Shenzhen Stock Connect, which had a buy amount of 216.6356 million yuan and a sell amount of 245.2793 million yuan [4]