LEO(002131)2024-09-10 09:51AIGC and Digital Marketing - The company has been actively developing in the AIGC field since last year, focusing on two main areas: launching the AIGC ecosystem platform "LEO AIAD" to enhance content generation efficiency and quality, and introducing the marketing domain model "Leo Guiyi" to better meet customer needs in intelligent advertising [1] - Products in the text-to-image generation field have already entered commercial use, and the company plans to deepen its AIGC layout, driving innovation to help clients improve efficiency in marketing scenarios [1] - The company's media agency business is stable, with no significant fluctuations in rebate policies from major media platforms New growth points are expected from emerging platforms like Xiaohongshu, and the company will continue to explore AI tools to seek high-margin business models and enhance profitability [2] Financial and Stock Performance - The company currently holds less than 1 million ADS shares of Li Auto, and while stock price fluctuations still impact net profit, the effect is reduced compared to previous periods The company has realized significant investment returns from selling part of its Li Auto shares and maintains a strong cash reserve and liquid financial assets [2] - In the first half of 2024, the company's mechanical manufacturing business achieved a 24.77% year-on-year increase in revenue, exceeding 2 billion CNY, with self-operated export sales nearing 1 billion CNY, a 56.70% increase [3] - The company announced a share repurchase plan on June 24, 2024, using 400-600 million CNY of its own funds to maintain company value and shareholder equity The repurchase must be completed within three months, and unsold shares will be canceled within three years to optimize the capital structure [3] Business Strategy and Market Expansion - The company adheres to a steady business strategy in the competitive digital marketing industry, focusing on controlling credit risks and achieving stable growth in cash flow and profits [2] - The company's pump products are exported to 160 countries and regions, with major markets including Europe, Central and South America, North America, the Middle East, Southeast Asia, and Africa [3] - National policies on energy conservation and equipment updates have positively impacted demand from downstream clients, further promoting the company's revenue growth in the pump industry [3] Stock Price Maintenance and Investor Confidence - In addition to the ongoing share repurchase, company executives have collectively increased their holdings, demonstrating confidence in the company's future development The company will continue to strengthen its core business, drive innovation, and enhance communication with the market to accurately convey its value and vision [4]