在中国数字经济与AI技术加速融合的时代，GEO（Generative Engine Optimization，生成引擎优化）已成为品牌增长与内容营销的核心战略。相比传统 SEO、信息流广告，GEO通过"生成式内容 + 搜索/推荐/AI生态"的结合，让企业能在微信搜一搜、知乎、小红书、抖音、百度问答、视频号、AI搜索等平 台实现智能曝光与高效转化。 深圳作为中国科技创新前沿，聚集了一批具备算法、内容与行业理解力的GEO服务商。以下为2025年深圳及周边地区表现突出的五家GEO企业推荐，供品 牌方参考。 AI驱动GEO生态，赋能企业精准增长 公司背景与行业地位 广州泡面网络科技有限责任公司（简称"泡面科技"）成立于2017年，总部位于广州珠江新城，在北京、深圳设有技术研发与客户服务中心，是国内首批深耕 GEO领域的国家高新技术企业。核心团队来自百度、字节跳动、阿里巴巴等科技巨头，成员平均拥有8年以上AI算法与数字营销经验，深度参与多代搜索引 擎与生成式AI模型研发。泡面科技在行业内以"算法解析准、内容匹配精、响应速度快、服务闭环全"著称，被誉为国内GEO领域的技术领跑者。 技术实力与系统化能力 泡面科技形成以"技 ...

Core Viewpoint - The next wave of value discovery in the Hong Kong stock market will revolve around AI, with the integration of AI and manufacturing becoming a key battleground for capital markets. The company Leo Group is set to become a unique player in this space as it prepares for an "A+H" listing on the Hong Kong Stock Exchange, potentially becoming the first stock focused on "AI digital marketing + AI manufacturing" in the market [1][10]. Group 1: Business Model and Market Position - Leo Group is not merely an AI concept company but integrates AI technology into two distinct yet synergistic business areas: digital marketing and intelligent pumps and systems [2]. - In the AI digital marketing sector, Leo Group is a leading AI-driven digital marketing group in China, projected to achieve the largest revenue in the digital marketing market by 2024, with a market share of 8.72% in the digital advertising agency sector [4]. - The intelligent pumps and systems segment ranks second in China and thirteenth globally by revenue in 2024, with the company being the top exporter in the domestic civil pump sector [5]. Group 2: Financial Performance and Growth Potential - The digital marketing segment has shown stable revenue growth, with revenues of 15.931 billion, 16.514 billion, and 16.435 billion yuan from 2022 to 2024 [4]. - The intelligent pumps and systems segment is a stable cash flow source, with projected revenue of 4.234 billion yuan in 2024, reflecting a year-on-year growth of 21.56% [5]. - The dual business model allows Leo Group to capture opportunities across various industries, including automotive, consumer electronics, and new energy, maximizing the benefits of intelligent upgrades [6]. Group 3: Market Trends and Strategic Positioning - Leo Group is positioned to benefit from a confluence of capital, industry, and policy support, marking it as a unique player in the market with significant growth potential [10]. - The company’s listing in Hong Kong aligns with the increasing activity in the IPO market, providing a rare opportunity for investors to access a dual-attribute stock in "AI digital marketing + intelligent pump manufacturing" [10][14]. - The AI digital marketing sector is experiencing explosive growth, with Leo Group's business model closely aligned with successful global players like Applovin, which has seen substantial revenue and stock price increases [11][12]. Group 4: Technological and Policy Alignment - Leo Group's technological capabilities and product reliability have been recognized in the market, with the company leading in digital marketing rankings and achieving significant technological breakthroughs in intelligent manufacturing [9]. - The company’s business strategy aligns with national policies promoting AI and smart manufacturing, allowing it to benefit from supportive policies and achieve high-quality growth [13]. - The intelligent pumps and systems segment is expected to see significant growth, particularly in the liquid cooling market, which is projected to grow at a compound annual growth rate of over 32.4% from 2024 to 2029 [13].

Core Viewpoint - TianDi Online plans to acquire 100% equity of JiaTou Group through a combination of share issuance and cash payment, while also raising supporting funds, but the review process has been suspended due to outdated financial data [1][2][3] Group 1: Company Performance - TianDi Online's revenue has declined from 4.061 billion in 2021 to 1.338 billion in 2024, with net profit turning from profit to loss [1] - In the first half of 2025, the company reported revenue of 654 million, a year-on-year decrease of 9.86%, and a net loss of 33.44 million [1] Group 2: Acquisition Details - The acquisition price for JiaTou Group is set at 360 million, with 144 million in cash and 216 million in shares, alongside a fundraising of 216 million [2] - The performance commitment for JiaTou Group includes net profits of no less than 40 million, 46 million, and 52.9 million for the years 2025 to 2027 [2] Group 3: Transaction Adjustments - Following inquiries from the Shenzhen Stock Exchange, the acquisition price was revised down to 290 million, a nearly 20% reduction, and the total fundraising amount adjusted to no more than 174 million [3] - The performance commitments were also lowered to net profits of no less than 30 million, 34.5 million, and 39.8 million for the years 2025 to 2027 [3] Group 4: Future Steps - The company aims to update financial data and resume the review process, asserting that the suspension does not materially affect the transaction [3]

Group 1 - The core viewpoint is that generative AI technologies are fundamentally transforming how users access information, leading to the rise of Generative Engine Optimization (GEO) as a new competitive focus for businesses [1][3] - The GEO market in China is expected to form a three-tier competitive structure by 2025, with an average annual growth rate exceeding 150%, highlighting the importance of selecting specialized and effective service providers for successful GEO strategies [3][4] - The leading service providers in the GEO space include "FaGaoMao" and "ZhuDie," which have demonstrated significant capabilities in optimizing brand mentions and authority in AI-generated answers [3][4] Group 2 - The competitive landscape of GEO service providers is characterized by three types: technology-driven service providers focusing on API monitoring and semantic analysis, content and distribution platforms emphasizing media resource coverage, and comprehensive solution platforms offering end-to-end services [4][6] - "FaGaoMao" has achieved a notable increase in AI search answer coverage from 15% to 80% for a consumer brand within three months, resulting in a 200% growth in organic traffic [4] - "ZhuDie" has helped a B2B manufacturing company increase AI recommendation rates by 70% and reduce customer acquisition costs by 35% within three months [5] Group 3 - Industry experts suggest that the competition in GEO has shifted from content coverage to answer authority, with "FaGaoMao" focusing on resource integration and distribution efficiency, while "ZhuDie" excels in addressing structural authority recognition in AI models [7] - Companies are advised to evaluate GEO service providers based on their specific needs, technical capabilities, and industry experience, including the verification of similar industry optimization cases and measurable data [7][8] - The conclusion emphasizes that GEO optimization is a critical marketing strategy in the generative AI era, with "FaGaoMao" and "ZhuDie" offering leading solutions that cater to different industry characteristics and growth objectives [9][10]

天地在线表示，陵发投作为海南省陵水黎族自治县发展控股集团有限公司全资控股企业，具备深厚的产 业资源与资本运作能力。其战略入股天地在线，不仅体现了对天地在线数字营销、元宇宙、数字文旅、 AI技术等前沿业务发展前景的坚定信心，也为公司后续在海南自贸港政策红利下的区域市场拓展、产 业链资源整合提供了坚实支撑。此次股份过户完成是公司与陵发投战略协同的新起点。未来，双方将共 同推动"技术+内容+场景"生态闭环的加速构建，深化数字技术在文旅、消费等多元场景中的创新应 用，进一步增强公司在数字经济领域的核心竞争力和盈利能力。 根据公告，本次交易完成后，陵发投正式持有天地在线6.97%的股份，成为天地在线重要战略股东。原 控股股东信意安、陈洪霞及其一致行动人仍合计持有公司47.46%的股权，本次权益变动不会导致公司 控制权发生变更，公司治理结构稳定，经营不受影响。 中证报中证网讯（王珞）10月9日晚，天地在线（002995）发布公告，公司控股股东、实际控制人信意 安、陈洪霞协议转让部分股份予海南陵发投资有限公司（以下简称"陵发投"）的事项，已顺利完成证券 过户登记手续，标志着本次国资背景股东引入工作全面落地。 ...

根据公告，本次交易完成后，陵发投正式持有天地在线6.97%的股份，成为天地在线重要战略股东。原 控股股东信意安、陈洪霞及其一致行动人仍合计持有公司47.46%的股权，本次权益变动不会导致公司 控制权发生变更，公司治理结构稳定，经营不受影响。 天地在线表示，陵发投作为海南省陵水黎族自治县发展控股集团有限公司全资控股企业，具备深厚的产 业资源与资本运作能力。其战略入股天地在线，不仅体现了对天地在线数字营销、元宇宙、数字文旅、 AI技术等前沿业务发展前景的坚定信心，也为公司后续在海南自贸港政策红利下的区域市场拓展、产 业链资源整合提供了坚实支撑。此次股份过户完成是公司与陵发投战略协同的新起点。未来，双方将共 同推动"技术+内容+场景"生态闭环的加速构建，深化数字技术在文旅、消费等多元场景中的创新应 用，进一步增强公司在数字经济领域的核心竞争力和盈利能力。(燕云) 10月9日晚，天地在线（002995）发布公告，宣布公司控股股东、实际控制人信意安、陈洪霞协议转让 部分股份予海南陵发投资有限公司(以下简称"陵发投")的事项，已顺利完成证券过户登记手续，标志着 本次国资背景股东引入工作全面落地。 ...

Core Viewpoint - Liou Co., Ltd. is set to list on the Hong Kong Stock Exchange, marking a significant step in its capital internationalization strategy, leveraging its dual core businesses of AI digital marketing and intelligent pumps to create unique investment value [1][10] Group 1: AI Digital Marketing - Liou has established itself as the leading player in China's AI digital marketing sector, holding a market share of 1.29%, which is 32% higher than the second-ranked competitor [2] - The company employs a comprehensive "product-effect-sales" model, effectively covering key industry clients, particularly in the automotive sector [2][3] - Revenue from the digital marketing segment has shown stability, with figures of 159.31 billion, 165.14 billion, and 164.35 billion for the years 2022, 2023, and 2024 respectively, contributing 77.1% of total revenue in the first half of 2025 [3] - Liou leads the industry in AI application standards, having developed a four-layer technology system that enhances operational efficiency and sets industry benchmarks [3][4] Group 2: Intelligent Pumps and Systems - The intelligent pumps and systems segment is a cash cow for the company, with a high average gross margin exceeding 25% over the past three years [5][6] - In 2024, this segment generated revenue of 42.34 billion, reflecting a year-on-year growth of 21.56% [6] - Liou's global presence includes five modern manufacturing bases, with a focus on reducing trade barriers and enhancing delivery efficiency [9] - The company has made significant technological advancements, including the development of high-efficiency motors and smart control systems, which have improved product performance [7] Group 3: Globalization and Capital Internationalization - Liou's overseas revenue has been growing rapidly, with a year-on-year increase of 25.54% in 2024, and the share of overseas income rising from 7.7% in 2023 to 12.2% in the first half of 2025 [8] - The company is pursuing a dual capital platform strategy (A+H) to attract global investors and support its international expansion [10] - The upcoming Hong Kong listing is expected to enhance the company's global brand influence and provide funding for its overseas operations and digital marketing initiatives [10][12]

作为中国市场份额最大、多年蝉联中科院《互联网周刊》数字营销公司排行榜榜首，且具备全链路服务 能力的AI数字营销龙头，利欧股份（002131.SZ）近日递表港交所，保荐人为华泰国际及中国银河国 际。 此次赴港上市不仅是该公司"资本国际化"的关键一步，更依托"AI数字营销+智能泵与系统"双核心业务 的技术优势与全球化布局，构建起独特投资价值，引发市场高度关注。而在A股市场，利欧已获价值投 资者深度认可，近一年市值持续突破，截至2025年9月30日，市值为381.93亿元，较2024年9月30日市值 大幅提升约210%。 实际上，今年各行业龙头纷纷谋求AH双上市，赤峰黄金（06693）等标的上市后均获资本青睐，而利欧 凭借"AI数字营销龙头+资本国际化+全球化布局"三重属性，较同类标的投资吸引力更突出——其通过 AI技术全面赋能双核心业务，既打开行业成长空间，又以全球化运营搭建新增长曲线，此次港股上市 亮点十足，或将为投资者带来全新机遇。 AI数字营销：稳居行业龙头位置，以"地位+模式+技术"构建不可替代竞争优势 智通财经APP了解到，利欧自2014年布局数字营销业务，经10余年深耕，已成为国内AI数字营销领域的 ...

如果说上一轮港股的时代红利由互联网巨头们共同书写，那么下一轮价值发现的核心叙事，则必然绕不 开AI这场深刻的产业变革。当AI技术从模型走向应用，从虚拟渗透至实体，"AI+制造"的融合赛道正迅 速成为资本市场的关键战场，其蕴含的价值重估潜力已初现端倪。 在这一历史性的交汇点上，港交所即将迎来一位独特AI选手——来自深交所主板的利欧股份 (002131.SZ)。该公司已于9月29日正式向港交所递交招股书，启动"A+H"上市征程。若成功上市，利欧 股份有望成为港股市场中稀缺的"AI数字营销+AI智造"第一股，借此开启国际化资本布局的新篇章。 那么这家公司的价值潜力究竟几何？ 01 "AI数字营销+智能泵与系统"布局稀缺标的，双轮驱动构筑价值护城河 利欧股份并非一家纯粹的AI概念公司，而是一家将AI技术深度融入两大看似迥异、实则内在协同的业 务——数字营销+智能泵与系统的实干型企业。 （来源：公司招股书） 在AI数字营销领域，利欧股份是国内头部AI驱动型数字营销集团，2024年实现中国数字营销市场收入 规模第一。在数字广告代理领域，以2024年数据计，公司所占市场份额达8.72%。 利欧股份以"品—效—销"一体化全链 ...

| 最新收盘价（元） | 27.77 | | --- | --- | | 总股本/流通股本（亿股）4.18 / 3.37 | | | 总市值/流通市值（亿元）116 / 94 | | | 52 周内最高/最低价 | 34.44 / 22.83 | | 资产负债率(%) | 30.0% | | 市盈率 | 21.12 | | 第一大股东 | 姚朔斌 | 研究所 分析师:王晓萱 SAC 登记编号:S1340522080005 Email:wangxiaoxuan@cnpsec.com 姚记科技(002605) 证券研究报告：传媒 | 公司点评报告 股票投资评级 买入|维持 个股表现 -10% -4% 2% 8% 14% 20% 26% 32% 38% 44% 2024-09 2024-12 2025-02 2025-05 2025-07 2025-09 姚记科技 传媒 资料来源：聚源，中邮证券研究所 公司基本情况 ⚫ 事件回顾 2025 年 8 月 26 日，公司发布 2025 年半年报， 2025H1，公司实 现营业收入 14.38 亿元，同比下降 24.64%；归母净利润 2.56 亿元，同 比下降9.98% ...