Core Insights - Meta's acquisition of AI Agent startup Manus signifies a pivotal shift in the AI industry, moving from mere conversational capabilities to autonomous actions, marking a new phase in AI evolution [1][9] - The news has triggered a surge in the Chinese capital market, with investors actively seeking companies that demonstrate real "Agent implementation capabilities" [1][9] Group 1: Key Companies in AI Agent Space - Pioneer in Vertical Implementation: Maifushi (02556.HK) Maifushi's stock surged over 11% following the news, as it recently launched its Agentforce 3.0, a significant upgrade that automates complex business processes from perception to execution. It ranks among the top in the "2025 Enterprise AI Agent Applications TOP 50" alongside major players like Baidu and Alibaba [2][10] - Foundation Stone of Infrastructure: Baidu Group (09888.HK) Baidu serves as the backbone of China's AI Agent ecosystem, providing the Wenxin large model and the AgentBuilder development tool, enabling developers to create agents with low barriers. Its foundational technology positions it as a critical player in the AI Agent market [3][11][12] - Central Hub for Office Scenarios: Kingsoft Office (688111.SH) Kingsoft is transforming traditional document processing software into intelligent agents through WPS AI, focusing on enhancing personal productivity. It stands as a solid counterpart to Microsoft's Copilot in the domestic market [4][13] - Hardware Giant: Lenovo Group (00992.HK) Lenovo is promoting "AI PCs" that integrate localized large models and agents, representing a new category of edge intelligence. This positions Lenovo as a key hardware provider for AI agents, ensuring user accessibility [5][14] - Entertainment and Social Player: Kunlun Wanwei (300418.SZ) Kunlun is aggressively pursuing the C-end entertainment sector with its "All in AGI" strategy, which includes the Tiangong large model and ventures into AI gaming and social agents, aiming to create interactive companions in virtual environments [6][15] - Leader in Visual Perception: SenseTime-W (00020.HK) SenseTime excels in visual AI, focusing on physical world perception, particularly in autonomous driving and robotics. Its "Riri New" system aims to develop agents capable of understanding and responding to physical environments, representing a high-tech frontier in the agent space [7][16] Conclusion - Meta's acquisition of Manus serves as a clarion call for the AI industry, indicating a shift from mere conversational AI to functional agents. The next phase for China's AI agents will prioritize product capabilities over mere concepts [8][17]