证券日报网讯1月23日，万兴科技（300624）在互动平台回答投资者提问时表示，公司高度重视以AI赋 能研发升级，已建立起AI云平台架构，构建了一站式AI创新能力平台，集成内外部算法、工作流编 排、模型管理、演示体验、运营配置等能力，为研发和产品创新提供高效、稳定的AI技术基座。在大 模型研发方面，2025年4月，公司与华为云达成音视频垂类AI大模型和通用大模型的战略合作，并成立 AI联合实验室共同探索AI场景应用落地。 ...

万兴科技相关负责人表示："万兴脑图、万兴图示等产品在可视化表达与结构化思考领域积累深厚，在 全球拥有广泛的专业用户基础，此次将它们全线纳入万兴科技全球生态体系，是我们面向AI时代的一 次关键举措。"据介绍，万兴脑图及万兴图示将全面集成万兴科技旗下万兴天幕音视频多媒体大模型， 以及外部领先第三方模型的多模态能力，持续增强图表理解、逻辑识别与视觉生成能力；此外，还将基 于公司的全球化合规与算力基础设施，确保AI生成内容安全、高效、可商用，满足海内外用户合规需 求。 万兴科技相关负责人表示，依托全球生态体系的整合升级，万兴图示与万兴脑图将围绕"AI驱动、专业 可信、全球共创"的使命，助力每一位创作者提升创作力。万兴科技也将继续以AI为核心驱动力，持续 完善"创意+效率"产品矩阵与能力底座建设，持续赋能全球用户。 本报讯(记者舒娅疆)1月23日，记者从万兴科技（300624）集团股份有限公司(以下简称"万兴科技")获 悉，该公司于近日升级旗下绘图创意软件产品，将原亿图全线产品(原亿图图示、亿图脑图MindMaster) 整合进其全球创新生态体系，并正式启用全新品牌名称"万兴图示""万兴脑图"，构建智能高效的AI原生 ...

随着AI视频进入实际生产环节，单一模型能力的领先，已不足以构成长期壁垒；新的核心问题是如何 将AI能力转化为实际可操作、好操作的创作工具。在这样的行业背景下，长期深耕视频创作工具与工 作流的厂商，开始显现出更强的承接能力。 2026年初，视频AIGC赛道迎来罕见的"强兑现"时刻。据报道，快手旗下可灵AI（Kling AI）月活跃用户 （MAU）已突破1200万，App端付费用户规模环比激增350%。2025年，可灵全年收入预计达1.4亿美 元，远超最初6000万美元的目标，其中，仅2025年12月的单月收入就超过2000万美元。 可灵AI的热度说明，视频生成能力不再是单纯的技术展示，而是进入了可以被广泛使用的商业阶段。 在这一轮变化中，包括OpenAI、谷歌、快手以及万兴科技在内的海内外厂商，正不约而同加码AI视频 创作工具布局，而市场也已经开始用真实使用与付费行为进行回应。 从可灵AI的数据表现来看，AI视频创作正在跨过一个关键门槛，其用户规模、使用频率与付费能力已 开始形成正向循环：更高质量、更可控的生成能力，带来更明确的使用价值；而真实生产场景中的效率 提升，又反过来推动用户为工具持续付费。这意味着，A ...

Investment Rating - The report maintains a positive outlook on the industry, specifically highlighting the potential for effective control of AI model hallucinations by 2026 [2]. Core Insights - The report emphasizes that while hallucinations in AI models are inevitable, advancements in algorithms, data quality, and engineering practices can significantly reduce their occurrence. The top 25 global models have achieved a hallucination rate below 8% [5][6]. - The report identifies three key areas for investment: mature AI applications, marketing AI that is less sensitive to hallucinations, and data plus AI infrastructure [6]. Summary by Sections 1. Hallucinations - The Lower Bound of Model Capability - The report defines hallucinations as overconfident errors produced by language models, which can include fabrications, factual inaccuracies, contextual misunderstandings, and logical fallacies. For instance, GPT-3.5 had a hallucination rate of approximately 40%, while GPT-4's rate was 28.6% [14][15]. 2. Sources of Hallucinations - Hallucinations arise from several factors, including model architecture, toxic data, lack of accuracy in reward objectives, and context window limitations. Addressing these factors is crucial for controlling hallucinations [7][8]. 3. Reducing Hallucinations: From Models, Data, Engineering, and Agents - The report discusses various strategies to mitigate hallucinations, such as using larger training datasets, extending context windows, and incorporating human feedback through reinforcement learning (RLHF) [25][26]. - Engineering practices like Retrieval-Augmented Generation (RAG) are becoming standard, with Gartner predicting a 68% adoption rate by 2025 [56][57]. 4. 2B Application Penetration and Evolution - The report notes that the control of hallucinations in mainstream models has made significant progress, with the top 25 models in the Vectara HHEM ranking achieving hallucination rates below 8%. For example, the Finix model developed by Ant Group has a hallucination rate of only 1.8% [72].

近日，量子位智库"2025年度AI 100"产品榜单正式揭晓。AIGC软件A股上市公司万兴科技 （300624.SZ）产品创新力再获行业认可，旗下绘图创意产品万兴脑图入选代表国内最强综合实力的"AI 100旗舰产品榜"，视频创意产品万兴喵影入选最具成长潜力的"AI 100创新产品榜"，展现出其在AI办公 提效与内容生产领域的持续创新能力与产业赋能价值。 作为万兴科技旗下AI思维导图明星产品，近期焕新的万兴脑图V13以"AI赋能、多模态知识管理"为主 线，围绕知识库体系、AI能力与创作交互体验实现系统化升级，是国内首款支持脑图节点拓展笔记的 专业思维导图软件。该产品深度嵌入知识管理流程，可助力用户在学习、策划、项目管理等场景中，实 现信息的高效复用。目前万兴科技旗下绘图创意产品已深度服务国家电网、南方电网、中广核、中海 油、中石化、中国一汽等央国企，助力关键行业的数字化升级进程。 作为万兴科技旗下视频创意明星产品，万兴喵影代表了AI视频生产领域的前沿方向，有望在下一阶段 引领行业变革。全新万兴喵影2026聚焦视频内容创作场景，首次在通用型视频创意软件中实现从AI素 材生成、AI续写到精细剪辑的一站式专业体验，为 ...

Core Viewpoint - The A-share market saw a significant rise in AIGC concept stocks, driven by news of OpenAI's upcoming advertising service for ChatGPT, set to launch in early February [1] Group 1: Stock Performance - Huakai Yibai experienced a 20.03% increase, reaching a market capitalization of 6.13 billion [2] - Zhejiang Wenlian rose by 10%, with a total market value of 16.7 billion [2] - Bona Film Group saw a 9.96% increase, bringing its market cap to 12.9 billion [2] - Zhongwen Online increased by 6.81%, with a market capitalization of 24.1 billion [2] - Wanxing Technology rose by 5.3%, reaching a market value of 18.6 billion [2] - Other notable increases include BlueFocus (4.45%, 69.9 billion), Fantou Shuchuang (4.83%, 3.166 billion), and several others with gains over 3% [2] Group 2: Year-to-Date Performance - Huakai Yibai has a year-to-date increase of 39.59% [2] - Zhejiang Wenlian's year-to-date performance stands at 43.48% [2] - Bona Film Group has a year-to-date increase of 23.42% [2] - Zhongwen Online shows a year-to-date increase of 31.81% [2] - Wanxing Technology has a year-to-date increase of 36.38% [2] - BlueFocus leads with a year-to-date increase of 69.01% [2]

当前，湖南正紧抓"人工智能+"发展机遇，万兴科技作为湖南省"人工智能+"十大重点企业（湘江新区占 七席），不仅自身以AI重塑数字创意生产力，还深度参与本地数字化建设——先后赋能"湖南卫视中秋 之夜"、岳麓大会等重大活动，推出AI视频海报、数字人"小麓"等创新应用，同时以"拿深圳同等高薪， 住长沙宜居房子，干全球AI事业"的引才理念，为长沙打造人才高地注入活力，成为湖南AI产业"技术创 新+场景落地+人才集聚"的典范。 在AI技术布局上，2024年，公司发布湖南首个通过算法备案的音视频多媒体大模型"万兴天幕"；2025年 6月，与华为云联合推出万兴天幕2.0，基于百亿级数据训练，性能较1.0版本平均提升约90%，在专业运 镜控制、立体音效生成等关键能力上表现卓越，其基模在SuperCLUE全球榜单中位列国内前四，海外版 在VBench—2.0评测中跻身全球前三。依托这一核心技术，公司将AI深度融入产品迭代，在全新上线的 万兴喵影2026中，首次在通用型视频软件上实现"AI素材生成—AI续写—精细剪辑"一站式创作流，推动 数字创意从"专业门槛高"向"全民可创作"转变，助力"创意平权"。 据胡润研究院指出，2025 ...

Core Insights - The "2025 Hurun China AI Enterprises Top 50" list highlights the most valuable Chinese companies focused on artificial intelligence, with AIGC software company Wanxing Technology (300624.SZ) recognized for its achievements in AI content generation, ranking in the top 40 [1][4]. Group 1: Company Recognition - Wanxing Technology has been acknowledged as a leading player in the AI content generation sector, securing a spot in the top 40 of the "2025 Hurun China AI Enterprises Top 50" [1][4]. - The company was also included in the "2025 Forbes China Globalization Leading Brands Top 30," marking it as the only representative from China's digital creative sector [1]. Group 2: Market Position and Performance - There are over 1,200 Chinese companies in the AI sector listed on A-shares, Hong Kong stocks, and US stocks, with 31 companies having a value exceeding 9.5 billion RMB [1]. - Wanxing Technology's products, including Wondershare Filmora, have a cumulative active user base of over 400 million globally, positioning the company among the leaders in the AI audio-visual sector [4]. Group 3: Technological Advancements - Wanxing Technology is accelerating its AI technology and product development, having launched the Wanxing Tianmu multimedia model 2.0, which achieved top rankings in key performance metrics [4]. - The company’s AI server usage exceeded 800 million calls in the first three quarters of 2025, indicating strong demand for its AI solutions [4]. Group 4: Talent Acquisition and Development - Wanxing Technology is enhancing its talent acquisition strategy, offering competitive salaries for new graduates, with an average annual salary of 500,000 RMB and potential for higher earnings for exceptional candidates [5]. - The company is also implementing the "Wonder Nova Star Program" to recruit over 1,000 interns, providing substantial monthly stipends and opportunities for full-time positions based on performance [5].

据悉，万兴科技近年来在AI技术研发、产品应用落地、产业生态合作、AI人才布局等层面持续投入， 系统性构建AI驱动的数字创意软件生态。 近日，深圳市人工智能产业协会发布"中国人工智能百强榜"。AIGC软件A股上市公司万兴科技凭借在 AI数字创意软件领域的持续创新与实践上榜前50。此次一同上榜的还有字节跳动、华为、阿里、腾讯 等。 产品应用落地层面，万兴科技覆盖视频创意、文档创意、绘图创意等业务领域；在产业生态合作层面， 万兴科技已与微软、华为、英伟达、谷歌等企业深化合作，共建前沿AI应用生态，旗下多款海外产品 已集成谷歌新一代图像生成与编辑模型Nano Banana Pro、新一代AI视频生成模型Veo 3.1，以及OpenAI 新一代视频生成模型Sora 2等模型能力。 公开信息显示，万兴科技业务覆盖全球200多个国家和地区，累计活跃用户突破20亿，已打造万兴喵 影、万兴脑图（原亿图脑图MindMaster）、万兴图示（原亿图图示）、Wondershare SelfyzAI等明星产 品，被视为"中国版Adobe"。 其中，在AI技术研发层面，2025年6月，万兴科技推出万兴天幕音视频多媒体大模型2.0。相比1 ...

Core Insights - The "2025 Hurun China AI Companies Top 50" report ranks companies based on their value, highlighting the rapid growth and significance of AI in reshaping wealth in China [1][4]. Group 1: Company Rankings and Values - The top-ranked company is Cambricon, valued at 630 billion RMB, showing a 165% increase from the previous year [1][4]. - The ranking includes 21 non-listed companies, with the entry threshold set at 95 billion RMB, an increase of 35 billion RMB from last year [4]. - The average value of the listed companies is 540 billion RMB, which is 2.4 times higher than last year [4]. Group 2: Industry Trends and Growth - There is a notable increase in AI chip companies, with 14 firms making the list, up from 5 last year, driven by U.S. export controls on high-end AI chips [4][5]. - The report indicates that AI is transforming the wealth landscape in China, with significant wealth increases for key figures in the AI sector [4][6]. Group 3: New Entrants and Market Dynamics - 18 new companies joined the list, with 10 being AI chip-related, reflecting a shift in business focus for some firms from non-AI to AI [5]. - Companies like Chipone have seen a substantial increase in revenue from AI-related design services, indicating a strong market demand for AI capabilities [5][6]. Group 4: Sectoral Breakdown - The report categorizes AI companies into sectors: computing power (e.g., Cambricon), data analysis (e.g., Jingtaitech), machine vision (e.g., SenseTime), voice recognition (e.g., iFlytek), content generation (e.g., Kimi), and autonomous driving (e.g., Didi Autonomous Driving) [6][7]. - The focus on AI as a core business is emphasized, with only 31 companies meeting the criteria of having AI as their main business and a valuation above 9.5 billion RMB [4][6]. Group 5: Global Expansion and Future Outlook - AI companies are increasingly acting as "behind-the-scenes enablers" for industries like consumer electronics and new energy vehicles, with many still primarily focused on the domestic market [6][7]. - The long-term outlook suggests that companies with core technologies and practical applications will emerge as leaders, transitioning AI from a speculative concept to a foundational infrastructure [7].