Zhongtai Securities(SH:600918) Zheng Quan Shi Bao Wang·2026-01-06 06:03Group 1 - The 2026 National Radio and Television Work Conference emphasized the promotion of the prosperous development and standardized management of online audio-visual content, including micro-short dramas and network variety shows [1] - The conference highlighted the importance of deepening the integration of artificial intelligence in the industry, constructing high-quality audio-visual datasets, and innovating typical application scenarios to promote healthy and standardized development [1] - The initiative to enhance ultra-high-definition development aims to improve broadcasting services and user experience, including the implementation of a "one remote control" solution for easier television operation [1] Group 2 - Pacific Securities noted that the short drama industry is transitioning from chaotic growth to quality enhancement, with a continuous trend towards premium content driving demand growth [2] - The rise of animated short dramas (manhua) is expected to attract new users due to differences in content and audience compared to live-action short dramas, supported by advancements in AI technology and platform policies [2] - Zhongtai Securities observed the evolution of the domestic short drama market from chaotic growth to standardized development, with a shift in profit models and distribution platforms, highlighting investment opportunities in companies with substantial content reserves and AI capabilities [2]