恺英网络：1月获华鑫“买入”评级，AI游戏布局领先

Core Viewpoint - Huaxin has given a "Buy" rating to Kaiying Network, highlighting mobile gaming as the core revenue source for the company [1] Group 1: Business Model and Strategy - Kaiying Network has established a business system comprising "R&D, publishing, investment + IP, user platform" [1] - The company focuses on long-cycle games like "Original Legend," which are continuously operated with precision [1] - The integration of self-developed product IP with digital assets aims to stimulate cultural and tourism consumption [1] Group 2: Technological Advancements - The introduction of the Dream Model and AI game engine "SOON" automates the entire development process, shortening the development cycle [1] - This showcases the company's leading capabilities in AI game development [1] Group 3: Future Outlook - The company is solidifying its core business while exploring new boundaries [1] - Future plans include creating new models and deepening the "high-quality content, marketing, global publishing" triad [1]