GOLDEN SUN SECURITIES·2025-07-13 14:40Investment Rating - The industry investment rating is maintained as "Increase" [6] Core Viewpoints - The media sector is expected to continue its upward trend, driven by the gaming sector and positive mid-year report expectations. The focus is on AI applications and IP monetization, particularly in areas like AI companionship, education, and toys [2][3] - The report highlights the importance of companies with IP advantages and full industry chain potential, particularly in trendy toys and film content [2] Summary by Sections Market Overview - The media sector rose by 3.22% during the week of July 7-11, 2025, with the top-performing sectors being comprehensive finance (6.73%) and real estate (6.06%) [10][12] Sub-sector Insights - Gaming: Key companies to watch include ST Huatuo, Jibite, and Giant Network, with additional attention on Perfect World and Iceberg Network [3][15] - AI: Focus on companies like Dou Shen Education, Sheng Tian Network, and Shanghai Film, among others [3][15] - Resource Integration: Companies such as China Vision Media and Guangxi Broadcasting are highlighted [3][15] - State-owned Enterprises: Notable mentions include Ciweng Media and Anhui New Media [3][15] - Education: Companies like Xueda Education and Fenbi are under observation [3][15] - Hong Kong Stocks: Attention on Alibaba, Tencent, and Pop Mart, with a focus on the upcoming industry explosion [3][15] Key Events Review - The release of Grok 4 by xAI marks a significant advancement in AI models, achieving over 50% accuracy in benchmark tests [4][18] - Dou Shen Education introduced an innovative AI education model combining AI teachers and interactive training environments, achieving sales of over 30 million yuan in just a few days [4][18] - Tencent launched a new 3D generation model, enhancing efficiency in content production by over 70% [4][18] Sub-sector Data Tracking - Gaming: Popular upcoming games include "Modern Warships" and "Dungeon Castle 4" [19] - Box Office: The total box office for the week of July 5-11 was approximately 578 million yuan, with "Jurassic World: Rebirth" leading at 207 million yuan [20] - TV Series and Variety Shows: "Book Dream Volume" and "Running Man Season 9" topped the viewership rankings [22][23]