Core Viewpoint - The company has clarified that its font library products are designed according to standard specifications and do not typically involve optimization of computing power [2] Group 1 - The company has established a computing power deployment primarily for internal use in collaborative design, AI font creation, and machine creativity [2] - Externally, the company provides services such as character usage, intelligent character selection, and AI font effects through its Ziyou platform [2] - The company emphasizes its commitment to delivering high-quality font library products [2]

Group 1 - The core viewpoint of the report is that Hanyi Co., Ltd. is a leading enterprise in the font library industry, focusing on the integration of technology and culture, and actively embracing artificial intelligence for growth [1][4] - The company has launched over 1,700 B-end fonts with copyright and developed more than 3,600 font products by the end of 2024, maintaining stable revenue and a gross profit margin of around 80% from 2022 to 2024 [1] - The "Ziyou" platform has adopted a new subscription-based authorization model, achieving over 13.2 million registered users and 370,000 daily active users by the end of 2024, indicating significant growth potential [2] Group 2 - Strategic investment from Founder Holdings enhances the company's access to industry resources and collaboration opportunities, particularly in font design and artificial intelligence technology [3] - The company is leveraging AI to address issues in AI-generated content, such as text errors and copyright concerns, and is seeking partnerships in AI applications and new consumer IP sectors [3] - The profit forecast for 2025-2027 estimates revenues of 238 million, 285 million, and 326 million yuan, with net profits of 50 million, 63 million, and 72 million yuan respectively, reflecting a positive growth outlook [4]