5月20日，腾讯正式发布混元游戏视觉生成平台，这是依托混元大模型打造的首个工业级AIGC游戏内容 生产引擎，大幅优化游戏资产生成与游戏制作流程。其面向游戏工业级内容生产，为游戏美术设计师提 供一系列AI工具，帮助游戏设计厂商快速生成符合创作意图的高质量游戏素材/概念草案，让游戏美术 设计效率提升数十倍。目前，该"混元游戏"通过腾讯混元官网提供体验入口，面向游戏行业设计师开放 申请。 ...

扫码订阅 智能制造 产业日报， 精选行业新闻，帮你省时间！ � 睿兽分析 睿 兽 分 析 产 业 日 报 把 握 商 机 ! 先 人 一 步 ▶涵盖五大赛道 *AIGC *智能制造 ゃ企业服务 «医疗健康 « 交通出行 JOIN and ■ 9元/月 扫码 订阅 O AIGC 产业动态日报 谷歌宣布在医疗保健领域推出人工智能计划 并致力于打造/ Stability Al发布3D视频生成工具SV3D! 可 同时输出多个新视角 这款新模型基于Stable Video Diff on模型的改讲,留 移根据单一辑入图像创建和转换多视图3D网格。 1.【英伟达发布NVIDIA RTX PRO服务器】5月19日，在中国台北电脑展COMPUTEX 2025首日，英伟达 宣布推出NVIDIA RTX PRO服务器及NVIDIA企业AI工厂验证设计，旨在加速万亿美元企业IT数据中心基 础设施向AI工厂的转型。NVIDIA RTX PRO服务器支持多达八个RTX PRO 6000 Blackwell GPU，并集成 NVIDIA BlueField-3数据处理单元（DPU）以及内置PCIe Gen 6交换机的NVIDIA Con ...

更多AIGC资讯 …… 扫码订阅 AIGC 产业日报， 精选行业新闻，帮你省时间！ 1.【英伟达：计划于7月开源全球最先进的物理引擎Newton】英伟达CEO黄仁勋表示，在物理世界中 制造机器人"不切实际"，我们必须在遵循物理定律的虚拟世界中训练它们。我们与DeepMind和 Disney Research研究合作开发了全球最先进的物理引擎Newton，计划于七月开源。Newton完全支 持GPU加速，具有高度可微性和超实时操作能力，能够通过经验实现有效学习。我们正在将该物理引 擎整合进Nvidia的ISAAC模拟器，这一整合使我们能够以真实的方式让这些机器人"活"起来。（新浪 财经） 2.【腾讯上线AI浏览器，灰度测试Agent功能】腾讯QQ浏览器升级为AI浏览器，全新推出QBot，搭 载腾讯混元和DeepSeek双模型，目前涵盖AI搜索、AI浏览、AI办公、AI学习、AI写作五大功能，还 能调用Agent执行复杂任务，首批正在灰度的Agent包括行业首个高考Agent"AI高考通"、下载助 理、更新助理、股票助理。（财联社） 3.【微软正在开发新"租户Copilot"服务，计划建立"Agent工厂"】根据 ...

证券代码：300071 证券简称：福石控股 北京福石控股发展股份有限公司 投资者关系活动记录表 编号：20250519001 | 投资者关系活动 | □特定对象调研 □分析师会议 | | --- | --- | | 类别 | □媒体采访 ☑业绩说明会 | | | □新闻发布会 □路演活动 | | | □现场参观 | | | □其他 （请文字说明其他活动内容） | | 参与单位名称及 | 线上参与公司 2024 年度业绩说明会的全体投资者 | | 人员姓名 | | | 时间 | 2025 年 05 月 19 日 15:00-17:00 | | 地点 | 价值在线（https://www.ir-online.cn/）网络互动 | | 上市公司接待人 | 董事长：陈永亮 | | 员姓名 | 独立董事：司静波 | | | 董事会秘书：朱文杰 | | | 财务总监：袁斐 | | | 证券事务代表：朱迪 | | | 本次业绩说明会的主要问题及回复如下： 1.请问公司是否计划降低对汽车行业的依赖？ | | 投资者关系活动 | | | | 答:尊敬的投资者您好，公司近年来积极推进客户多元化 | | 主要内容介绍 | 战略，大 ...

Investment Rating - The investment rating for the company is "Buy" with an expectation of more than 10% return relative to the CSI 300 index over the next six months [2][13]. Core Views - The company reported a revenue of 1.44 billion yuan for 2024, a decrease of 2.78% year-on-year, and a net profit attributable to shareholders of -163.46 million yuan, marking a shift to negative profitability [1][10]. - The company's gross margin was 93.22%, down 1.55 percentage points year-on-year, while the net margin was -10.93%, indicating a significant decline [1][10]. - The company is facing short-term pressure on performance due to intensified market competition, rising traffic costs, and goodwill impairment [1][9]. Financial Performance Summary - In Q4 2024, the company achieved revenue of 387 million yuan, a year-on-year increase of 0.43%, but the net profit attributable to shareholders was -158 million yuan [1][10]. - The annual revenue breakdown shows that the video creative business generated 961 million yuan, a slight increase of 0.06% year-on-year, while other segments like practical tools and document creativity saw declines [7][9]. - The company’s operating expenses increased significantly, with sales expenses rising to 849 million yuan (up 17.42% year-on-year) and R&D expenses reaching 442 million yuan (up 9.90% year-on-year) [7][10]. Future Outlook - The company is committed to deepening its AI strategy, with expectations for AI-native application revenue to reach approximately 67 million yuan in 2024, doubling year-on-year [9]. - Forecasts for net profit attributable to shareholders are projected to be 56.04 million yuan in 2025, 95.95 million yuan in 2026, and 153.46 million yuan in 2027, indicating a recovery trajectory [10].

证券研究报告 传媒 行业定期报告 hyzqdatemark 2025 年 05 月 19 日 证券分析师 陈良栋 SAC：S1350524100003 chenliangdong@huayuanstock.com 王世豪 SAC：S1350524120005 wangshihao@huayuanstock.com 陈逸凡 SAC：S1350525040003 chenyifan@huayuanstock.com 关注港股公司财报披露，重视 IP 潮玩企业扩容 投资评级： 看好（维持） ——传媒互联网行业周报（2025.5.12-2025.5.18） 投资要点： 本周观点：腾讯、阿里巴巴、京东等港股互联网公司陆续披露财报，基础业务稳健 性凸显的同时，AI 业务在估值框架中纳入更深的思考。建议持续关注内部组织架构 主动调整的业务战略价值，以及 AI+平台优势下的业务效能优化。同时，更多公司 在关注"谷子经济"，并加强自身产品与谷子的结合，或开始进入潮玩赛道，产业 链相关公司持续扩容，我们建议持续重视卡牌、潮玩等线下高景气度产业发展。 联系人 板块表现： 互联网方向：腾讯、阿里巴巴等公司陆续披露财报，多项业务模块展 ...

Core Viewpoint - Haiguang Information (688041.SH) is experiencing rapid growth, with a significant increase in revenue and net profit in the first quarter of this year, driven by high R&D investment and technological innovation in the AI computing sector [1][5]. Financial Performance - In Q1 2024, Haiguang Information achieved revenue of 2.4 billion yuan, a year-on-year increase of approximately 50.76%, and a net profit attributable to shareholders of about 506 million yuan, up 75.33% [1][5]. - The company has shown continuous revenue and net profit growth from 2021 to 2024, with revenue increasing from 2.31 billion yuan in 2021 to 9.16 billion yuan in 2024, representing a growth of 296.62% [6]. - The net profit increased from 327 million yuan in 2021 to 1.93 billion yuan in 2024, reflecting a growth of 490.52% [6]. R&D Investment - Haiguang Information invested 3.446 billion yuan in R&D in 2024, accounting for approximately 37.61% of its revenue, with total R&D investment exceeding 9.9 billion yuan over the past four years [2][10]. - The company has maintained a high R&D investment ratio, with previous years showing R&D expenditures of 1.585 billion yuan (2021), 2.067 billion yuan (2022), and 2.810 billion yuan (2023), representing 68.61%, 40.33%, and 46.74% of revenue respectively [9][10]. Workforce and Expertise - As of the end of 2024, Haiguang Information employed 2,157 R&D personnel, making up 90.18% of its total workforce, with 77.61% holding master's degrees or higher [3][10]. - The company aims to leverage its R&D capabilities to become a world-class chip enterprise, positioning itself as a leading player in the high-end processor market [4]. Market Position and Product Offering - Haiguang Information's products, including its CPU and DCU series, are widely used across various sectors such as telecommunications, finance, and education, showcasing strong performance and compatibility with major operating systems [8][9]. - The company has capitalized on the growing demand for AI computing power, with its DCU products supporting AI applications and enhancing its market competitiveness [5][6].

金十数据5月19日讯，OpenAI在官网发布了一个全新基于云端的代码Agent——Codex。Codex可以为开 发人员自动执行多种任务，例如，编写功能代码、回答有关代码库的问题、修复错误以及提出拉取请求 审查等；每个任务都在自己的云端沙盒环境中运行，同时能预加载用户的代码库。据悉，Codex由 Codex-1模型提供支持，这是OpenAI-o3的一个微调版本，专门针对软件工程进行了优化。通过强化学习 在多种环境中对真实世界的编码任务进行训练，生成的代码能够贴合程序员的代码风格和拉取请求偏 好，并严格遵循指令。 （AIGC开放社区） OpenAI发布代码Agent：开启自动化编程时代 ...

证券研究报告 | 行业周报 gszqdatemark 2025 05 18 年 月 日 传媒 阿里开源全能视频模型，腾讯发布混元图像 2.0 模型 行情概览：本周（5.12-5.16）中信一级传媒板块下跌 0.67%。本周传媒板 块受市场影响下跌。2025 年传媒弹性方向看好 AI 应用、IP 变现及并购重组， AI 应用聚焦新应用的映射投资及部分较成熟应用的数据跟踪，重点关注多模 态产业方向。IP 变现聚焦有 IP 优势及全产业链潜力的公司，潮流玩具、影视 内容等方向有机会。并购重组重点关注国企方向，在国资委明确国企市值考核 的背景下，传媒国企诉求明显提升，部分国企资金优势明显。 板块观点与关注标的：1）资源整合预期：中视传媒、国新文化、广西广电、 唐德影视、吉视传媒、游族网络等；2）AI：荣信文化、奥飞娱乐、汤姆猫、 盛天网络、中文在线、易点天下、视觉中国、盛通股份、焦点科技、豆神教育、 世纪天鸿、佳发教育等；3）游戏：建议关注确定性强的神州泰岳、恺英网络、 巨人网络、吉比特，关注完美世界、ST 华通、冰川网络、华立科技；4）国企： 慈文传媒、皖新传媒、中文传媒、南方传媒、凯文教育、大晟文化等；5）教 育 ...

Core Viewpoint - The event "Creating the Future - China Smart Tourism Singapore Special Exhibition" highlights the integration of technology in tourism, showcasing the potential for collaboration between China and Singapore in the smart tourism sector [1][2][3]. Group 1: Event Overview - The exhibition took place from May 15 to May 18 at the Singapore Chinese Cultural Centre, featuring over 200 representatives from domestic and Singaporean cultural, tourism, and technology sectors [1][4]. - The event attracted more than 720,000 online viewers, indicating significant interest in smart tourism innovations [1]. Group 2: Key Speakers and Insights - Yu Haiying emphasized the role of technology in enhancing travel experiences, making global exploration more accessible and enjoyable [1]. - Kong Yuan highlighted the natural complementarity of resources and technological advantages between China and Singapore, aiming to foster cross-border cooperation in smart tourism [2]. - Kong Ming noted China's achievements in smart tourism, including advancements in virtual reality (VR) and artificial intelligence (AI), which enhance visitor experiences [2]. Group 3: Industry Collaboration and Innovations - Lyu Wenjun pointed out Singapore's commitment to embracing smart tourism and digital transformation, aiming to improve visitor experiences through technology [3]. - The event featured discussions on the latest trends in smart tourism, with presentations from industry leaders on topics such as digital management systems and the future of global smart tourism [3]. - The exhibition showcased cutting-edge technologies, including immersive VR experiences and AI-driven services, allowing attendees to experience the intersection of technology and culture firsthand [4][6].