Ge Long Hui A P P·2026-02-12 08:47Group 1 - The core viewpoint of the article highlights the multi-dimensional layout of AI applications by Kaiying Network, with strategic investments in various C-end AI products and ongoing development of emotional companionship product "EVE" and the recent launch of "Elys" in the AI social domain [1] - The company is expected to benefit from the development of AI technology and the improvement of its products, with a focus on both C-end AI applications (Natural Selection) and B-end AI gaming tools (Hangzhou Jiyi) [1] - The forecasted EPS for the company from 2025 to 2027 is projected to be 1.05, 1.40, and 1.66 yuan respectively, with a downward adjustment for 2025 EPS mainly due to a decrease in the forecast of non-operating income [1] Group 2 - The target price for the company in 2026 is maintained at 34.48 yuan, corresponding to a PE ratio of 24.6x [1] - The company maintains an "overweight" rating, indicating a positive outlook on its AI layout and potential for valuation enhancement [1]